While residential services continue to make up the bulk of VoIP service revenue, new research predicts major growth in the business segment, driving combined business and residential/SOHO VoIP services revenues to grow to $76.1 billion in 2015.
Infonetics Research, in its latest VoIP and UC Services and Subscribers report, forecast revenues from SIP trunking services would reach a 52 percent compound annual growth rate between 2011 and 2015; it projected the number of seats for hosted business VoIP and unified communications services is on track to more than double during the same time period. The number of residential and small office/home office (SOHO) subscribers to hosted VoIP services is expected to grow from 179 million in 2011 to 262 million worldwide by 2015.