Report: 2012 VoIP revenue to hit $65B

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A new study from the research firm Visiongain indicates that global revenues from voice over IP services will reach $65 billion this year, posing a substantial threat to providers of traditional voice services. 

The report, The Voice Over Internet Protocol (VoIP) Market 2012-2017: Prospects for Skype and Other Players, also analyzes the impact mobile LTE deployment will have on VoIP services over the next five years, noting that the proliferation of smartphones and tablets will drive mobile VoIP growth.

"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 reads. "VoIP can no longer be throttled by operators, instead it must be adopted and the telecoms landscape must change in accordance."

Visiongain forecasts the global VoIP sector for the next five years and analyzes five regional VoIP markets, profiling several leading companies and where they are positioned in the competitive landscape.

For more:
 - see the Visiongain release

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