How 5G Technology will Evolve Mobile Voice Services
According to the latest worldwide market study by Juniper Research, mobile network operator voice revenue will drop to $208 billion by 2024 from $381 billion in 2019, as users continue to prefer more flexible and free OTT voice services.
Business Cloud Voice Over IP Gains Momentum in 2016
Worldwide cloud VoIP private branch exchange (PBX) and unified communications (UC) revenue totaled $4.7 billion in the first half of 2016 (H1 2016), growing 12 percent from a year ago (H1 2015).
Source: IHS Market
Global VoIP Services Market will Reach $83 Billion in 2020
The global Voice over IP (VoIP) service market totaled $73 billion in 2015 — that’s a 5 percent increase over the prior year, according to IHS. The growth was fueled by more companies shifting to cloud-based services and the adoption of Session Initiation Protocol (SIP).
Source: Digital Lifescapes
Wi-Fi Hotspots will Transform All Mobile Communications
Wi-Fi is becoming a viable alternative to traditional cellular mobile service — offering data, voice and messaging services. There are tens of millions of Wi-Fi hotspots in the U.S. alone, spanning residential, commercial and public areas. Wi-Fi also uses free unlicensed spectrum.
via TBR
How Emerging Markets Fuel International Phone Call Growth
International phone call traffic is projected to reach 569 billion minutes in 2014. While growth has slowed during 2014, international call traffic has quadrupled since 2000, driven by a fundamental shift in international calling patterns.
via TeleGeography
Why Mobile Operators are Seeking New Revenue Sources
Mobile service providers will find the next decade to be full of new challenges and opportunities. Meanwhile, the mobile internet phenomena has offered a welcomed increase in service revenue, but there were also some unanticipated negative side effects.
Mobile VoIP Subscribers Reach 1.5 Billion Worldwide in 2013
Mobile VoIP usage is exploding on OTT services. Meanwhile, the Voice over LTE (VoLTE) commercial services launched to date slowly crawled to 8 in June 2014 — that’s up from 4 last year, and 3 in South Korea in 2012. There were just 12 million VoLTE subscribers worldwide in 2013, mostly in South Korea.
By year’s end, Infonetics expects an additional 30 commercial VoLTE networks to launch and VoLTE subscribers to increase to 51 million.
OTT Role in the Global Mobile Voice Communication Market
Voice services, despite increased competition and the threat of new technologies, remains the most important revenue generator for all but a handful of mobile network operators worldwide. However, voice revenues face immense pressure and will continue to be eroded, prompting providers to create new offerings.
Mobile network operators will generate revenues of close to $20 billion by 2018 through strategies involving internet based voice or carrier OTT services, according to Juniper Research.
Mobile VoIP Subscribers will Reach 1 Billion in 2013
The number of global OTT mobile VoIP subscribers shot up more than 550% in 2012, to over 640 million, and is expected to approach the 1 billion mark in 2013.
“While Skype dominates the over-the-top mobile VoIP space, the market is seeing other applications such as Fring, KakaoTalk, Line, Nimbuzz, WeChat and Viber gain in strength,” notes Diane Myers, Infonetics Research’s principal analyst.
Exploring the Future Direction of Mobile VoIP Services
Juniper Research forecasts that there will be over 1 billion users of over-the-top (OTT) mobile VoIP services by 2017, reflecting a dramatic shift in how voice traffic is carried over the next five years.
Improvements in network technology, increased competition and the move by telcos to join the OTT space will all come together to give the mobile “internet-voice” market a second wind.
That being said, circuit switched voice revenues will still continue to decline.
via Juniper Research
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