The Booming Business VoIP Market

What VoIP (Voice over Internet Protocol) technology has helped do is allow operators to provide inexpensive communications services in an ever-growing and ever-changing global market. Voice signals can now be transferred to digital and finally, carried over an IP-based network. Vonage, Comcast, Time Warner, Cablevision, Charter, Bright House, 8×8, Jive, MITEL, Broadvoice, OnSIP, and Nextiva boast some of the most successful VoIP businesses in the world.

The appeal is directed at individual and business consumers who will opt to use these services in and out of their homes because the technology is so desirable, attainable, and affordable. There are often bundles and packages that are offered if you use these companies’ services in both your home and office, offering incentive right there. Businesses have increasingly adopted cloud-based VoIP services as a way of getting everything right at their fingertips, in an on-demand marketplace. Gone is patience, and businesses (and individuals) look for what is not only the most cost-effective but will get them where they have to go in the shortest amount of time. Along with that, maintaining stellar business, efficiency is key.

The more telecommunications continues to grow, the further Business VoIP will go and the more revenue it will generate. The connectivity it offers is vital and we can see that the market will continue to shift as new enhancements and features are introduced. There is no telling where we will see the Business VoIP Market in five years but it all looks extremely promising. 

Edited by Erik Linask