Raised voice: The expansion of 4G data networks will propel VoIP subscription growth

Over the five years to 2020, IBISWorld anticipates that VoIP industry revenue will grow at an annualized rate of 16.8% to $12.3 billion. This growth will come primarily from mobile VoIP services and the business market. However, the development of future regulation and competition from wireless telecommunications carriers may put pressure on future growth. The industry has developed in a lightly regulated environment due to the Federal Communications Commission’s (FCC) decision not to control or limit voice traffic over the internet; however, the FCC continues to consider additional regulations for the industry. Read the full report on IBIS.

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