The VoIP services together with UC or Unified Communications industry are predicted to catapult growth amounting to $68 billion to $88 billion by 2018, according to a recently conducted study. These figures, however, are from residential and business segments of the market as they subscribe to managed, cloud, and SIP or Session Initiation Protocol trunking services.
For an enormous market like this, what is stopping these markets from further growth? How much of this market accounts for business VoIP services?
We were fortunate to have some concrete data and information from Diane Myers, the principal analyst for VoIP, UC, and IP Multimedia Subsystem at Infonetics for us to determine what made them reveal such a fearless forecast.
What is the global growth of VoIP services from last year, and how well it progressed with other technologies from the prior years?
In 2013 the global overall business VoIP services grew to about 11% percent. This figure is in fact much lesser from the previous years, but it is still pretty solid growth when we refer to the VoIP services profits being just a little bit over $24 billion. It can be regarded a very significant market for sure. SIP trunking, hosted, cloud, and managed has been seen to be growing at a much greater rate than perhaps the IP connectivity growth and even the managed IP PBX growth. However, we are not referring about the enormity of differences. We are referring to the difference between 34% percent as opposed to the previous 31% percent of the market.
What is the global business VoIP services industry projected growth by 2018?
The business VoIP market is forecasted to grow to approximately $35 billion in revenue by 2018. It will be seen to grow by an $11 million difference from the $24 billion revenue of 2013 to $35 billion by 2018.
How much of the telecom market will remain loyal to the PSTN or public switched telephone network?
The PSTN industry will remain to hold a majority of the overall market. Even in the United States, there are over 50% percent of businesses claim that their connectivity will remain with traditional connections and not through VoIP connectivity.
What will hinder the growth of business VoIP services industry?
When we talk about business VoIP service, there isn’t much to tell. But, on the consumer side, there are governments who might prevent VoIP use. The really huge determining factor is not technology. It is really more of businesses, who want to adopt the technology.
What will further improve the growth of business VoIP services?
The managed services will definitely grow and continue. The projected growth that is emanating from managed services these days will be from individuals who wish to own a private cloud implementation. Furthermore, businesses are moving more towards the cloud, whether it is the private cloud, or a shared cloud.
The VoIP and UC services and subscribers report mentioned SIP trunking shot up by 50% percent by 2013 but was driven predominantly by activity in North America. Why is North Americans leading?
U.S. has been the leading country in terms of the adoption of business VoIP services. But, going forward, we are seeing different countries in Europe emerging and some from the various parts of Asia.
How come SIP trunking is the fastest growing segment of VoIP services?
The hosted or cloud services are not growing that swiftly, but the adoption and market reception was very strong. But the problem is SIP trunking services are expanding from a much rather smaller base.
At the rate VoIP services is going, we will surely see more growth in the years to come. As VoIP experts perfect VoIP technology, more and more businesses will surely consider and adopt these telecoms in the future.
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Samsung the leading electronics company that brought to the world various innovations like smart phones in the form of Samsung Galaxy S5, Galaxy Note 3, LED TVs, and more has come up with a brand new technology that will allow users to enjoy their voip phones more. Today, you can now use voip on your PBX system!
The New VoIP Converged Telephone Systems
Voip converged systems refer to your conventional PBX which utilizes voip technology and all its many benefits. A few PBX systems come pre-installed with a voip card while there are those that make use of a voip channel that’s linked to the PBX which makes the PBX system capable of voip calls.
As we all know, voip technology does not only mean cheaper calls, they also usher in other brand new features and functionalities to your own traditional PBX system.
In a recently released news, CanonEC an authorized Samsung dealer which makes use of Wanatel VoIPtechnology has successfully incorporated the use of Samsung OS7000 with the Wanatel Cloud PBX. Now, businesses with several branches having one or two extensions each branch will now connect to the head office Samsung PABX system thru the incorporated hosted solution. The particular collaboration resulted to new industry innovations that offered new exciting possibilities for businesses worldwide.
Get To Keep Your Old PBX and Integrate VoIP With Samsung VoIP Converged Systems
Samsung’s Office Serve 7000 range PBX systems all come with an integrated voip technology these days. For some, voip may sound like rocket science, in truth, it is not as complex as it seems.
The OfficeServ 7000 range affords a very secure IP convergence and supports traditional voice communication, voip, and IP based data communication. The old simple voice services are highly transformed by Samsung as they have modified the TDM-based systems to adopt an IP-reliant internet voip phones.
Business organizations that are now equipped with these tools can easily create voip phones thru their actual PBX systems. All they have to do is get hold of a reliable business voip service that can help activate the voip function on their existing PBX system. Samsung’s Office Serve 7000, PBX companies will no longer find the need to change their entire telephone system in order to make inexpensive calls with the help of voip technology.
Enterprises go for Samsung Office Serve PBX for their phone systems because voip help reduce their phone bills by half. Furthermore, it offers important business features and benefits that enhance any business telecommunications needs. With this new system, be able to connect various offices thru voip, have one receptionist, digital extension dialing among distinct offices, centralized voicemail feature, and establish an efficient phone system management for your business.
Converged Remedies for Businesses
The tendency of most business organizations is to prefer a hosted solution for all its many benefits and give up the good old PBX system. Even though a converged communication will not be really required for their business, more and more enterprises go for the converged communication option as opposed to a hosted PBX. Business owners prefer it over upgrading their existing equipment that will surely cost them more in terms of business expenses. With the new converged communications system you will be able to keep your old PBX and have the best of both worlds.
Business organizations that opt to continue with their analog or digital phone systems are left without a choice but to go for converged voip business solutions. These companies may find this complex for now, but eventually, as they realize the long-term benefits, they will soon make the shift to a fully IP-based and converged telephone system. Consequently, this is sure to enhance the value of their existing business telephone system as they remain useable and practical for the business.
How To Keep Your Customers Plugged In To Their Business Phones
There are practically thousands of VoIP service providers you will find in the market today. Choosing just one VoIP business solutions can be very confusing. There are however several ways for you to spot the best VoIP service that is truly well worth the investment.
Your initial concern in your hunt for the right VoIP for business is exactly what you are looking for in a provider. This is especially true if you intend to look for VoIP providers on the web.
These are some important considerations you have to make when searching for the right VoIP provider for your business. Here are a few:
The cost effective factor of a VoIP business solution is one of the top most priority of every entrepreneur in their search for the right service for their business. VoIP is typically inexpensive compared to regular landline systems. But as with any service, the rates will surely vary from one service provider to another. This is essentially because features and deals can be different from one provider to the other. Big telcos charge a slightly steeper price compared to smaller VoIP service providers out there.
Another important consideration in your search for the best provider is the features they offer. Your business might require certain features which will depend entirely on how you will use your VoIP for.
You may need it when you make personal calls, business calls, or even for international calls. Depending on the actual use, there are certain features you can choose from which can range from call waiting, caller ID, call forwarding, voicemail, speed dial, and or video conferencing.
Call quality is an important concern especially for industries in the telecommunications or their equivalent. You will come across several companies that will provide varying call quality; this is because they adopt various transmission modes and voice technologies. You should take this into primary consideration because it is very important for your business that you are able to send and receive calls in the highest call quality possible.
You want a service provider that you can depend at all times. Because of this, you want to go with the company whose reputation is flawless and is beyond reproach. But when it comes to dependable providers, you do not necessarily have to go with the biggest companies around. You just have to ensure that you go with someone that has been around in the communications business for a decent amount of time. They likewise have to be experts in the field of VoIP technology.
Where To Look For Reliable VoIP Business Solutions
One of the best places to look for a reliable VoIP provider is the World Wide Web. As a matter of fact, you need not look further the internet is rich in resources especially if you are looking for VoIP in UK.
You can also manually search and compare the VoIP providers online yourself. But to better analyze the many VoIP providers out there, it is best to check with online comparison sites. Oftentimes, these sites have a complete list of providers in your area, a brief review of their services, features they provide, as well as the cost of each service. It is also a good idea to read on actual customer testimonials of the service to have an insight on the kind of service they are able to deliver.
These comparison sites are very helpful and they provide other services. They offer informative pages to help you comprehend how the whole VoIP technology works. Some of them also give out emails and newsletter updates concerning the latest industry developments.
Apart from comparison and review sites, you might also want to check tech forums. The discussion threads surely tackle topics pertaining to VoIP. This will give you an idea of what individual VoIP users have to say about their current service provider. So far, this is the best first hand information that you can easily get. You can even message other members concerning their experiences with a particular wireless carrier they are previously subscribed to.
Finding the best VoIP provider can be likened to looking a needle in a haystack, but not for long. Surely you will find one that will best fit your criteria and needs. You just have to be careful in making your choices. Be sure that you are comparing various aspects of each provider features or services before finally settling on one.
Truth is, once you have found the best VoIP provider out there, you will definitely reap the many benefits that come with this technology. One of which is the ability to call anywhere in the world for an affordable price. With the aid of VoIP, you can simply call anywhere around the world and it will not cost you a fortune!
Once you have the best VoIP for business, you will enjoy all the other great features that you can simply access and use easily at your disposal without having the need to pay for exorbitant fees. For sure you want a service that comes with the most savings for you and your business. You really do not want to have to pay for a feature that you can easily obtain for free over the internet with the aid of your handheld device or notebook for that matter.
Spend adequate time in reviewing all the many VoIP solutions available for your business, and you will for sure find the best ones that will offer you the most features and benefits. VoIP technology has truly gone a long way, and it is indeed changing the way we communicate and do business now, more than ever.