VoIP is not getting traction in U.S., China and Asia-Pacific alone. It is spreading fast in Europe, Middle East and Africa as well.
A recent report from Frost & Sullivan confirms this. It finds that the revenues in the EMEA Hosted IP telephony and VoIP Access Services Market totaled EUR589.7 million in 2005. The report the market to reach EUR78.66 billion in 2011.
What is driving the growth, besides the low cost advantage? Apart from low cost distance calls, VoIP makes for lower cost of ownership and reduction of risks.
Via PRNewswire
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