TelecomLead reports that "OTT voice providers are expected to generate more than $10 billion in service revenues by 2020, representing a 5-fold increase over the next 5 years. Juniper Research said OTT application providers such as Skype and WhatsApp would experience a significant rise in traffic and revenue potential as 4G network roll-outs accelerate, increasing their capability to offer VoIP (voice over IP) calls.As most mVoIP services were offered as a free or low cost service, a small minority of OTT players had generated a significant revenues from the service.
Because of sharp decline in voice revenues as a result of OTT voice activity, traditional operators have adopted new business models by offering functionality such as VoLTE (Voice over LTE) and Wi-Fi calling through the mobile handset"
See "OTT voice providers to generate $10 bn revenues by 2020" - here.
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First, Thanks for sharing this report with Us and Secondly, I am agree with your point that VOIP is cost effective. the only word in business telephone solutions at the moment is cloud based phone system
ReplyDeleteTelecom is such an innovative field! My company has seen great success and growth thanks to our usage of virtual calling systems and cloud based functionalities. Currently, we have a system in place for our phone communications, built on international business numbers. It allows us to easily communicate with clients globally with ease, while keeping costs low and performance high.
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