VoIP Telephony Grows with Telecommunications Boom

The Voip telephony and the internationalspeeds are behind the increasing demand for
telecommunications market is not only healthy, itcable modem and DSL providers. Telephone
is robust! The market is expected to continue itscompanies are offering more bundled DSL
double-digit growth and reach over $2 trillion byservices and cable operators are losing
2008.Spending on telecommunications equipmentsubscribers to direct broadcast satellite. The gap
and services in Canada, Western Europe, Easternbetween the number cable and DSL subscribers is
Europe, Latin America and Asia/Pacific will grow atnarrowing and will continue to decrease.In addition,
a rate of 10.6% say the experts. What's behindthere is plenty going on with wireless
this growth in telecommunications? Prosperity!communications. The U.S. wireless market includes
With improving economic conditions throughouttransport services, handsets, capital expenditures
the world there is increasing demand for Voip,and infrastructure equipment including Wi-Fi
mobile devices and wireless telecommunicationequipment plus the emerging market for wireless
services.The number of subscribers to wirelessbroadband access. The future of VoIP technology
telephone services is growing faster than theand wireless VoIP promises to be one of the
number of landlines in all regions. 1.9 billion wirelessmost exciting developments in
subscribers are expected by 2008 and they willtelecommunications.Not counting PC-to-PC
outnumber landline subscribers by 69.1%.Theservices, the number of residential VoIP
accessibility of high-speed broadband will drivecustomers more than tripled to 4.2 million in 2005.
equipment revenue over the next few years.That number is expected to grow by a
This will give a boost to Internet telephonycompound annual rate of over 43% in the next
service and that growth will continue asfew years. That will result in about 18 million VoIP
broadband access revenue triples in futureusers.Growth in the residential VoIP market is
years.As the move to wireless, voice overbeing driven by a number of factors. First and
Internet protocol (VoIP) and cable telephonyforemost is that VoIP telephony provides
continues, the landline market will increase fromconsumers with inexpensive voice
$391 billion in 2004 to $422 billion incommunications. VoIP escapes the burden of the
2008.Internationally Europe is expected to be themany regulations and taxes governments have
largest region in support services spending,imposed on traditional telephone services. So far
reaching $354 billion by 2008 as the demand forthat has allowed the VoIP service providers to
equipment increases there will be increasedbeat the prices charged for wired telephone
demand for services to support that equipment.Inservices. The burst of growth in broadband
the United States the broadband market issubscribership is a good sign for VoIP, because it
expected to reach an estimated 56.9 millionworks best over a broadband connection,In the
subscribers by 2008. That up from 32.5 millionUnited States and around the world, people are
subscribers in 2004. The broadband market hastalking and they want to do that with speed and
had a huge move since 2001, when there wereeconomy. VoIP phone services are prepared to
only 5.1 million subscribers.Broadband's fastermeet that need.