Hosted VoIP behind UC growth

It used to be VoIP versus traditional phone service. Now it's VoIP versus Hosted VoIP. As the market for VoIP expands, traditional on premise VoIP vendors are increasingly finding Hosted VoIP challenging their dominance.

According to a new report from ABI Research, unified communications (UC) is expected to be a $4.8 billion market opportunity by 2015. As this growth continues though, Hosted IP PBX providers will be eating up a bigger part of the pie.

ABI sees Hosted IP PBX services growing 15.3 percent by the end of 2010. The hosted market will account for $3.4 billion in revenue in 2010. The slow economy as well as the price war between hosted and on-premise solutions are responsible for attracting businesses to the hosted side. ABI thinks that even where companies might not want to trust an all hosted option, they have the option to launch a hybrid on-premise/hosted deployment.

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