View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 28, 2010

Global business VoIP services market to reach $20bn by 2015: ABI Research

Global business VoIP services market to record 13% CAGR in revenues between 2010 and 2015

By CBR Staff Writer

Global business VoIP services market is expected to double in the next five years and reach $20bn by 2015, according to a report by market research firm ABI Research.

The business VoIP services market is projected to record 13% CAGR in revenues and 19.6% CAGR in terms of lines between 2010 and 2015.

The business VoIP services market includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services.

The research firm said that the growth in global business VoIP services market is due to the replacement of legacy phone systems with hosted VoIP technologies by companies.

In addition, with hosted IP PBX services being deployed on scalable cloud architectures, had increased the number of large enterprises replacing legacy phone systems with hosted VoIP services.

ABI Research senior analyst Subha Rama said that among VoIP access technologies, SIP trunking, with its promise of trunk consolidation, centralised management and administration, and application federation across enterprises, has seen considerable growth in terms of installed base and revenues in the last 12 to 18 months.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

"Overall, the growth momentum seen in 2009 was sustained in the first half of 2010 as companies continued to shy away from capital investments, opting, instead, for the OPEX model of hosted VoIP services," Rama said.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU