November 04, 2004

VoIP Applications Market Share Growing

Private VoIP services such as Skype are threatening to run the traditional telephone operators out of business. A new study in Europe indicates that by 2008, about 13% of the western European voice market will be controlled by VoIP operators.

According to VNUNet:

According to the latest report from UK research firm Analysys, over 50 million broadband users in the region could be using private VoIP by 2008.
"The recent rapid take-up of one VoIP application variant peer-to-peer VoIP using free downloadable software from providers such as Skype raises the possibility of the appearance of a critical mass of private VoIP users that could unleash a significant structural change in the voice market by the removal of a large proportion of PSTN revenues," said report co-author Stephen Sale.
The report found that home users are increasingly turning to VoIP for longer calls to friends and family, the core telephony business of fixed-line incumbents.

Read more: VoIP rings death knell for traditional telephony

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