How the Demand for Mobile VoIP Changes Business VoIP Market

The increased demand for mobile VoIP is changing the forecast for the global business VoIP market over the next six years.  According to Global Industry Analysts Inc., a worldwide business strategy and market intelligence source, global business VoIP is being influenced by two factors which include the rapid acceptance of VoIP by businesses around the globe and the increased demand for mobile VoIP.

In terms of market segments, the fastest growing market is hosted PBX services.  Additionally, the VoIP market on a global scale will be driven by the value and cost savings to companies around the world thanks to new unified communications technology.  The hosted PBX market is expected to increase at a Compound Annual Growth Rate by more than twelve from 2012 to the year 2018.

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The Future of Unified Communications As a Service

Recent studies claimed that the market for cloud-based voice over IP services is expected to grow to $30 billion USD by the year 2013. These numbers might sound really encouraging, but what is the real future for Unified Communications As a Service (UCaaS)?

Here, in the U.S., UCaaS hosted PBX services are experiencing tremendous growth. Small businesses, especially in the current economic climate, are always looking for more efficient, less expensive ways to handle their telecommunications needs, and hosted telephony has served them admirably well thus far. Hosted PBX services give them access to a whole host of really sophisticated features, without relying on a large initial investment for equipment or set up.

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