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Wholesale VoIP Feature Article

U.S. VoIP Market Knocks it Out of the Park with Remarkable Annual Revenue

 
January 17, 2013
By Allison Boccamazzo, Managing Content Producer
 

When put into the boxing ring, VoIP has come out as champion year upon year. We all know that the VoIP market has been progressively exploding onto the scene, but recent research now confirms for us just how much.


IBISWorld last month divulged in its “VoIP in the US” report that “VoIP experienced massive growth at the start of the past five-year period,” and that “the expansion of mobile broadband networks will open up new avenues for growth.” Furthermore, they report that “concentration in this industry has increased over the past five years,” which only further reflects the effectiveness of today’s players in the VoIP and wholesale VoIP space.

In short, the U.S. VoIP market experienced a 16.7 percent annual growth rate over the last five years, generating $15 billion in annual revenue. This week, TMC blogged about these staggering numbers as well, reporting that IBISWorld also expects the increasing deployment of 4G mobile data networks to fuel continued growth in the VoIP market. Additionally, the blog reports that Juniper Research (News - Alert), the premier provider of mobile research, analysis and forecasting services, recently predicted that mobile VoIP users would reach one billion by the year 2017.

One such player in the wholesale VoIP space is VoIP Innovations (News - Alert). As the nation’s largest provider of wholesale VoIP services, VoIP Innovations is interconnected with the telecommunications industry’s top carriers to provide you with the highest quality, most cost-efficient wholesale VoIP offerings through its unique, industry-leading BackOffice, Titanium III.

VoIP Innovations covers all of the bases – including DIDs, wholesale origination, termination, toll-free and E911. Recently, the company released yet another round of features for Titanium III for 2013, including new fax services, E911 alerts and SMS capabilities. All of these new additions will be available just in time for this year’s highly-anticipated ITEXPO Miami 2013, an event which unites technology buyers, sellers, resellers and manufacturers to learn about the latest and greatest in the technology and communications spaces.

To find out more about VoIP Innovations, visit the company at ITEXPO Miami 2013, taking place Jan. 29- Feb 1 in Miami, Florida. Visit VoIP Innovations in booth #507. For more information on ITEXPO (News - Alert) Miami 2013, click here.




Edited by Amanda Ciccatelli
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