VoIP revenue to soar to $20 billion in 2009

Posted on Friday, May 06 2005 @ 18:17 CEST by Thomas De Maesschalck

A new survey shows that U.S. businesses spent an average of $117,000 on Voice over Internet Protocol (VoIP) in 2003, with that amount raising 46 percent last year and an additional 9 percent this year.

Market analysts expect VoIP revenue will rise to $20 billion in 2009, from $1.3 billion in 2004.

By the end of this year 29 percent of the large, 16 percent of the medium and 4 percent of the small organizations in the US are expected to have VoIP. More info about the VoIP adoption at TopTechNews

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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