Business VoIP Solutions Set to Grow

Businesses are implementing roll-out of VoIP solutions despite the recession thanks to the cost savings on offer, reports Frost & Sullivan.

 

The business research and consulting company found that while many businesses are facing severe cuts in budget, many are preparing to roll out comprehensive VoIP solutions.

George Van Horn, senior analyst at telecoms market research company IBIS World, said: "Growth in commercial uses of VoIP, incuding open source offerings is expected to rise significantly in the near future."

Mr Van Horn said that the IP telephony solutions sector is set to grow further as the technologys "quality and price advantages become more compelling to small and large and businesses alike".

"As the technology of the systems has improved, growth has accelerated and businesses are switching to this platform due to the associated cost savings." he explained.

VoIP was the best performing industry of the last decade, according to figures published recenly by IBISWorld.

Technology industries like VoIP that thrived over the last ten years will continue to do so through the next decade, IBISWorld predicted.

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