Business VoIP Services Market to Double in 2015 to $20B

ABI Research announced yesterday their study that Business VoIP Services are to double in 2015 to $20B. ┬áThis is a record breaking 13% CAGR between 2010 and 2015. This is inclusive of a 19% CAGR for business VoIP lines. ABI points out that this is mostly due to business voice line replacement and hosted take-up of VoIP services. Couple this with the potential of add-on services such as messaging, HD video and cloud-based applications and storage the future looks bright for all-IP deployments. ┬áHere is a chart illustrating the projected growth in Business services based on ABI’s research:

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