Business communication market continues strong growth

According to the report, VoIP revenue is predicted to reach $65 billion by the end of 2012.

With VoIP and unified communication options continuing to grow, more businesses are experiencing increased benefits. From lower costs to faster communication, many businesses are turning away from traditional telephone systems and embracing new communication technology. This trend is reaching the global marketplace.

On July 26, Visiongain – a business information and research firm – released the results of a new study on the global VoIP market. According to the report, VoIP revenue is predicted to reach $65 billion by the end of 2012.

“VoIP simultaneously represents a huge threat to mobile operators as well as a significant opportunity for growth. The only barrier to success lies with strategy,” the report outlined. “VoIP can no longer be throttled by operators, instead it must be adopted and the telecoms landscape must change in accordance.”

The report mentioned that economic concern among the growing market still lingers with many businesses. As cost effectiveness is a major selling point for internet-based communications systems, companies that are looking more closely at their budget are embracing new ways to stay connected.

Aside from revenue, the study also predicts the wireless infrastructure market will reach $43 billion by the end of the year. Another factor that helps contribute to the strong market for VoIP and unified communication options is the need for a strong network for effective communication.

Businesses in a number of verticals can benefit from implementing a new communications system. By partnering with an experienced IT provider like CTI Technology, any company is sure to get the most out of switching to a new technology and keeping everyone connected.

With VoIP and unified communication options continuing to grow, more businesses are experiencing increased benefits.

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