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IP Telephony Market: Recent Trends VoIP (Voice over Internet Protocol), or IP telephony, has become a widespread means of communication today. While earlier the was the choice of only a select few, people are now increasingly adopting VoIP solutions. The number of players in the field has gone up substantially including could continue to increase. The heavy competition prevalent in the IP telephony market has driven service providers to slash their prices including provide a wide range of features. IP telephony uses packet-switching protocol to transmit voice signals over broadband lines instead pertaining to the conventional circuit-switching network. Analysts have predicted that at the time unified messaging services that include voice mail, email, faxes, including pages are coupled with IP telephones, it could propel the market to incredible heights. Analysts have further predicted that by 2009, there could be over 155 million business IP endpoints in operation, including over 37% of these could be wireless. By 2009, 73% of customers the world over could be using a wireless handset. The wireless IP end points hold the key to sway the customers to their side. The global VoIP market is expected to reach $3.3 billion by 2010. It is increasingly becoming a particular indispensable tool for businessmen because it provides cost savings, excellent coverage of voice including data, including better communication. In a recent study, the VoIP market was divided into 3 groups, namely VoIP over VPN, VoIP real-time QoS bandwidth, including hosted VoIP. Multi-national companies use VoIP over VPN (Virtual Private Network) to eliminate long distance toll charges for communication between different sites. Healthcare (telemedicine) including broadcasting enterprises use VoIP real-time QoS bandwidth to provide real time audio including video data transfer. Hosted VoIP enables enterprises to save on upgrades including capital expenditure. The growth of VoIP shows immense potential to influence the telecommunications market including bring regarding a radical change.
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