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Rapid growth of VOIP in Europe


Friday, February 13, 2004 The market for enterprise Voice over Internet Protocol (VoIP) in Europe will grow from $133 million in 2003 to $7.1 billion in 2008..

The European market for enterprise VoIP has displayed healthy growth, despite the slow economy. "VoIP is easier and less expensive to integrate into the bundled service portfolio," says John Marcus, Probe Group Vice President, Business Data Systems. "VoIP also makes it easier for incumbent carriers to expand their footprints outside of their home country," he said.

"Europe makes up one-quarter of the worldwide market," Marcus said. The large number of small and medium sized businesses there make it an attractive market for VoIP. "Adoption of the Euro has increased the demand for data and voice services throughout Europe," Marcus concluded

By: DocMemory
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