In the broadband analyst firm's most recent report, Point Topic revealed that VoIP services were the most financially valuable solutions to contribute to the growing value-added services market in 2010. The overall VAS market experienced a 14 percent increase from 2009 to 2010, growing from $129 billion to $157 billion.
The revenues from VoIP systems, not including over-the-top services, contributed the most to the VAS market, with more than $17 billion, according to Point Topic. In total more than 120 million users had subscribed to VoIP systems by the end of 2010.
"The trend we've observed since 2003 reflects the fact that more people are doing more things via their broadband connection," said John Bosnell, a senior analyst at the research firm. "We estimate that at the end of 2010 each broadband line supported an average of 1.95 value-added services. That’s almost four times the average in 2003."
According to a report by Infonetics Research, the VoIP market is expected to continue to grow, eventually exceeding $76 billion in revenue in 2015. This may indicate that more individuals and business will be using their broadband to access the voice services, especially as the Federal Communications Commission expands high-speed internet access to more Americans.
LightBound overs VoIP across America with SIP, PRI or Analog. LightBound can provide service to over 98% of the populated country. This is a great option for companies wanting to have virtual numbers in other cities. Connecting multiple offices with a centralized IP PBX phone system.
LightBound, your Virtual Service provider, can combine your managed servers hosting, Shared Storage server, voice and data services to provide you with a seamless Cloud Service that is economical and provides the business continuity that all businesses require regardless of their technical expertise.
LightBound is also expanding. Ask about our new state of the art 47,000 sq ft. Data Center that's now open.
Let us take care of technology, so you can take care of business.
Powered by Compendium
Comments for VoIP contributed more than $17 billion to VAS market in 2010, analysts say