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VOIP Market: Revenue & Growth

  • Annual growth from 2010-2015 was an estimated 17.5%
  • Expected annual growth from 2015-2020 is an estimated 16.8%
  • Highly Competitive Market
  • Revenue in 2015 was $5.6 Billion
  • Of the $5.6 Billion Revenue 40.6% was attributed to Non-nomadic VoIP and 59.4% was attributed to Nomadic VoIP
  • Market Segmentation:
    • 26.8% Business Internet Telephony
    • 73.2% Residential Internet Telephony
  • Number of Mobile internet connections is expected to rise by more than 300 Million between 2006 and 2020
  • Vonage Holdings Corporation is an industry leader with a market share of 14.7%

Source: Kahn, Sarah (2015). IBISWorld Industry Report 51711e. VoIP in the US. Retrieved 2015 from IBISWorld database.