MUMBAI: Voice Over Internet Protocol (VoIP) service revenue in North America will reach $23.4 billion by 2009, suggests a study conducted by the US research firm Infonetics.
The top three North American residential and SOHO VoIP subscriber market share leaders in Q2 2005 had been Vonage (32 per cent, down from 36 per cent in Q1 2005), Time Warner Cable (25 per cent, up from 21 per cent), and Cablevision (19 per cent, down from 21 per cent), states the report, adding that no other service provicer has subscriber share greater than 3 per cent.
Vonage leads the residential and SOHO VoIP subscriber market while, Cablevision and Time Warner Cable each have double-digit share and combined have over 40 per cent of all North American residential VoIP subscribers. Time Warner Cable is gaining subscriber share and they only sell within their footprint, not nationwide like AT&T and Vonage.
The US makes up 93 per cent of the North American VoIP services market in 2004. However, the study predicts that Canada will make up a greater portion of North American VoIP services revenue by 2009, especially in the residential market.