VoIP - Spending and Trends
With leading telecom carriers and cable companies unveiling major VoIP initiatives, American consumers and businesses will be hearing a great deal more about VoIP during the coming months. As a result, VoIP subscriber growth will accelerate in 2005, but 2006 will be the year when IP telephony truly enters the mainstream.
VoIP: Spending and Trends, a new report from eMarketer, examines the rapidly developing IP telephony market and the impact its growth will have on businesses, consumers and the entire communications industry.
According to the most current data from the US Federal Communications Commission (FCC), at the end of 2003 there were 181.4 million wireline telephone access lines in use by businesses and consumers across the country. Not far behind them, the Telecommunications Industry Association (TIA) counted 173.7 million wireless subscribers in the United States as of the end of 2004.
Alongside these two markets, the number of US VoIP subscribers is small, with industry observers’ comparative estimates predicting that there will be between 2.8 million and 6.7 million residential VoIP lines in use by the end of 2005. In five years’ time, even the most optimistic forecast predicts just 27.0 million residential VoIP subscribers, accounting for 19.6% of the 137.4 million US consumer and small business wireline subscribers at the end of 2003.
Despite the long road ahead, consumer and business migration to VoIP is on the verge of moving out of the early adoption phase and into the mainstream, and the next two years will mark the turning point when widespread VoIP use finally takes off.
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