Many people think that the telephony market is at its peak, but that is far from the truth. With the latest VoIP technology, we are entitled to talk about a truly voip market. Although VoIP has been implemented and used for the past 10 years, it is still far away from being implemented on a large scale. But as things move in our era, it won't be long until we will see VoIP everywhere. We are now talking about a voip market, capable of overthrowing the classical PTSN!
The VoIP concept is rather simple: it's much cheaper.
If VoIP is so great, why isn't it used as much as classic telephony?
Well, the greatest limitation of using VoIP is the
bandwidth limitation and the charging fees of dial-up Internet access - technical performance and potential cost savings are limited. Still, the faster availability and uptake of broadband services are catching up with the voip market. The history of the voip market starts with a number of
service providers that offer(ed) free on-net calling (the call remains on an IP network) combined with
free software for PCs. All these, slowly, but certainly, drive the consumers to start to give up their PTSN connection entirely and redirect their attention towards the advantages of the VoIP.
An example of a broadband package is Yahoo!
An example of such a combination is a broadband package is Yahoo! Broadband in Japan. Yahoo! Broadband has about 2.5 million broadband customers. And most of them want VoIP. That's why the majority of them have subscribed to its
Internet telephony service as well. They are now benefiting from
free unlimited calls to other Yahoo! Broadband customers and cheap long-distance calls to other destinations both in Japan and internationally. This is a good example to show the potential of the voip market all over the world.
Telephone service providers feel threaten
PTSN (classic telephone service providers) feel threaten by the expansion of VoIP. The voip market has started to gain much of the customers of the classic telephone service. VoIP service providers can bypass much - or all - of the PSTN and offer very competitively priced calls or call packages. This poses a direct threat to service providers who rely on both interconnection and traditional voice for the bulk of their revenues and more importantly profitability.
ViIP market is growing
The voip market is growing by the minute, as companies require more and more communication options at cheaper prices. Just make sure you watch the voip market.
It will be at least interesting.