Worldwide Carrier VOIP equipment up 36% To US$1.7 billion in 2004

Article Summary

February 23, 2005--Worldwide telecom s service provider next generation voice product revenue totalled US$1.71 billion in 2004, a healthy 36% gain over 2003, setting a new high, according to Infonetics Research's quarterly market share and forecast service, "Service Provider Next Gen Voice Equipment." Infonetics projects next generation voice product revenue to reach $5.9 billion in 2008, a five-year CAGR of 36%.The report also forecast that North American VOIP subscribers would grow from 1 million in 2004 to 17 million in 2008.

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