Growth in VoIP use

TechNavio’s analysts forecast the Global Mobile VoIP Solutions market in the Telecommunication industry to grow at a CAGR of 64.6 percent over the period 2011-2015.

One of the key factors contributing to this market growth is the increasing global network and wireless bandwidth capabilities. The Global Mobile VoIP Solutions market has also been witnessing the emergence of mobile VoIP-enabled phones. However, lack of awareness about mobile VoIP solutions issues could pose a challenge to the growth of this market

TechNavio’s report, the Mobile VoIP Solutions Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Mobile VoIP Solutions market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

“The Global Mobile Voice Over Internet Protocol Solutions market is witnessing the emergence of many new players because of the presence of several factors such as low entry costs and huge business opportunities. These new companies are trying to penetrate the market by offering low-cost communication services. This has resulted in a price war among vendors in the market and the established companies are losing their market share to the new entrants. This trend is expected to grow in the next few years with the market expected to witness the emergence of new global and regional players.” TechNavio spokesperson

The report answers questions such as what will the market size be in 2015 and at what rate will it grow? What key trends is this market subject to? What is driving this market?

Key vendors dominating this market space include Fringland Ltd., Nimbuzz BV., Skype Inc., and Vonage Holdings Corp. Other vendors mentioned in the report: Vyke Communications PLC., Truphone Ltd., Jajah Inc., Vopium A S

Source: Reportstack