Research and Markets has announced the addition of the "Fixed VoIP Services Market in the U.S. 2012-2016" report to their catalog of offerings.
In the report, published by TechNavio in December 2012, analysts forecast that the fixed VoIP services market in the U.S. will grow at a compound annual growth rate (CAGR) of 10.15 percent from 2012 to 2016. One of the key factors contributing to the market growth is the availability of next-generation telecom infrastructure.
The report shows that the fixed VoIP services market in the U.S. has been witnessing subscribers switching from fixed telephones to fixed VoIP services. However, security concerns could pose a challenge to the growth of this market.
The report shows that Vonage Holdings Corp. is the leading provider of fixed VoIP services in the U.S. Other key vendors dominating this market space are Comcast Corp., Cox Communications and Time Warner Cable. The other vendors mentioned in the report are 8×8 Inc., Bright House Networks and Charter Communications.
According to the report, service providers are heavily investing in the deployment of next-generation telecom infrastructure to increase the coverage area and to offer high-speed Internet services. For VoIP services, it is very important to have high-speed Internet accessibility. Service providers are trying to develop new networks that can support new IP-based services. For instance, the convergence of services is developed to support new IP-based services. Such initiatives will further encourage subscribers to adopt VoIP services. Therefore, the availability of next-generation telecom infrastructure plays a vital role in the growth of the fixed VoIP services market in the U.S.