According to In-Stat, a popular market research firm, the total number of mobile Voice over Internet Protocol (VoIP) users will reach 288 million by the end of 2013. The year 2013 will also usher in over 400 million dual-mode handsets or mobile phones capable of transmitting data over more than one type of network. The use of VoIP over a wireless internet (WiFi) connection also guarantees higher audio quality and quicker connections.
In its predictions for 2013, In-Stat divides VoIP subscribers into three major categories:
- More than 50% of all subscribers will use mobile phones through their mobile VoIP providers.
- Under one-third of all subscribers will utilize mobile VoIP via Mobile Virtual Network Operators (MVNOs) or mobile operators
- Over 11% will go with either WiMAX or LTE technologies.
In-Stat also reported that Europe, the Middle East and Africa (EMEA) region currently has more mobile VoIP revenue. The company also predicts that Asia Pacific will be the largest regional market in terms of VoIP revenue by 2013.
Technological advancements in this industry over the next few years will make it possible for people to choose mobile VoIP over plain old telephone systems (POTS). Instead of making expensive calls through regular phone systems and landlines, you can make free local and long distance calls with VoIP.
Business VoIP is on the fast track to innovation, and service providers continue to upgrade wireless 4G networks, making VoIP technology more affordable and accessible to businesses all over the world.
Small- to medium-sized businesses (SMBs) can also expect affordable pricing and incentives as VoIP providers compete in the marketplace.
Getjar, an independent mobile phone application store, published a study that takes a close look at the evolution of the business VoIP market.
The following are some of Getjar’s findings:
- 50 billion mobile application downloads are expected by 2012, representing a year-on-year (YOY) growth rate of 92%.
- Revenues will grow from $4 billion in 2009 to $17.5 billion in 2012
- By 2012, the Europe, Middle East and Africa (EMEA) market will overtake North America to become the world’s largest market for mobile application revenues.
With more people downloading and using mobile applications in the next three to five years, the mobile VoIP community will continue to grow as well.