May 27, 2005
Global Market On The Rise
As the marketability of VoIP continues to increase, it is to no suprise that the world is starting to catch on. Something with the savings capabilities of VoIP, the growth is not expected to end anytime soon. Especially with Vonage's launch of their UK services, I think that these numbers are going to continue to rise. According to Information Week:
In "Service Provider Next Gen Voice Equipment," Infonetics notes that revenues from global sales of VoIP equipment totaled $493 million in the first quarter of this year, an increase of 40% over first-quarter levels in 2004. The growth trend will continue, and Infonetics predicts that revenues will reach $5.8 billion in 2008.
Read more at: Global Revenue Soar For VoIP Gear
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