Mobile voice over IP (VoIP) usage is on the rise with the number of subscriber tripling in 2011, growing from 9 million in 2010 to 29 million, according to a new report from In-Stat.
According to the report, with the increasing market, thanks to the expanding number of smartphone users, many providers are introducing services, which includes to some degree, mobile VoIP.
The report quotes Amy Cravens, a senior analyst at In-Stat as saying: “While VoIP is a well-defined market, mobile VoIP is still in its infancy, with most offerings only being developed over the past several years, and because it’s in its nascent stage, there are significant opportunities for companies to develop the market.”
The main avenue for these providers to offer their mobile VoIP services is through the OS application store like iTunes and the Android Market.
The report also estimates that the revenues generated by mobile VoIP usage will increase to over $4 billion in 2015 and that LTE operators are not likely to have a significant impact on the mobile VoIP market until 2013.