VoIP and unified communications to double in four years

VoIP and unified communications to double in four years

A new report conducted by Infonetics Research has revealed that the number of seats for hosted business VoIP and unified communications services is set to double in the next four years.

The research indicated that residential VoIP still makes up the majority of the market, but pointed out that companies are turning to the technology en masse.

Diane Myers, directing analyst for VoIP and IMS at Infonetics Research, said that the surging popularity of SIP trunking and hosted VoIP and UC services will be behind the growth.

"Adoption of VoIP services across both the residential and business segments continues to grow, and we expect strong global growth in VoIP service revenue over at least the next five years," she added.

Two years ago, Infonetics forecast residential VoIP subscribers to reach 176 million in 2011, accurate within one per cent of the actual figures.

TechNavio recently claimed that the VoIP market can be expected to expand at a compound annual growth rate of 16.6 per cent between 2011 and 2015.