Research and Markets Adds Report: Fixed VoIP Services Market in the US 2012-2016 [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) Research and Markets has announced the addition of the "Fixed VoIP Services Market in the US 2012-2016" report to its offerings.
In a release, Research and Markets noted that report highlights include:
TechNavio's analysts forecast the Fixed VoIP Services market in the US to grow at a CAGR of 10.15 percent over the period 2012- 2016. One of the key factors contributing to this market growth is the availability of next-generation telecom infrastructure. The Fixed VoIP Services market in the US has also been witnessing subscribers switching from fixed telephones to fixed VoIP services. However, the security concerns could pose a challenge to the growth of this market.
The key vendors dominating this market space are Comcast Corp., Time Warner Cables Inc., Cablevision Systems Inc., Cox Communications Inc., and Vonage Holdings Corp.
The other vendors mentioned in the report are Charter Communication Inc., Bright House Networks, and 8x8 Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said: "The Fixed Voice over Internet Protocol (VoIP) Services market in the US is witnessing an increasing number of fixed telephony subscribers switching to fixed VoIP services. Since telephone communication service providers offer fixed VoIP services, consumers are switching to VoIP services offered by them. For instance, Vonage Holdings Corp., the leading provider of fixed VoIP services in the US, has witnessed a huge number of fixed telephony subscribers shifting to fixed VoIP services. Therefore, switching from fixed telephones to fixed VoIP will help the Fixed VoIP Services market in the US to grow in the future."
According to the report, service providers are heavily investing in the deployment of next-generation telecom infrastructure to increase the coverage area and to offer high-speed internet services. For VoIP services, it is very important to have high- speed internet accessibility. Service providers are trying to develop new networks that can support new IP-based services. For instance, the convergence of services is developed to support new IP- based services. Such initiatives will further encourage subscribers to adopt VoIP services. Therefore, the availability of next- generation telecom infrastructure plays a vital role in the growth of the Fixed VoIP Services market in the US.
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