$17 Billion Global Market for Internet Protocol Telephony Equipment, Software, and
Services
A new study from Killen & Associates, "Internet Protocol (IP) Telephony: New Markets for
Systems and Service Providers" forecasts a $17 billion global market in the year 2002 for
IP telephony equipment, software, and services. The 1997 market was valued at $210
million, making the 5-year compound annual growth rate (CAGR) a torrid 141%.
North America currently leads in both the technology and implementation of IP telephony
with more than 70% of the global market for systems and services revenues. Europe, the
fastest growing and second largest market, will be worth $5.5 billion or 33% of the total
market by 2002.
IP voice and fax service revenues, $123 million in 1997, will approach $9.5 billion in 2002,
a 138% CAGR.
The global equipment and software market for IP telephony will reach $8 billion by 2002.
This market includes telecom plant investments for IP telephony, on-premises voice,
LAN, and gateway investments to facilitate IP voice and fax.
Killen & Associates helps telecommunications equipment, software, and service
providers to identify and seize market and business opportunities created by technology
developments, changes in public policy, and shifts in the competitive landscape. The
company's studies and executive video interviews are used by planners and other
high-level executives worldwide.
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