VOIP Article notice Canada is increasing
3 Providers Dominate VoIP Subscriber Share; 24M Subscribers Expected by 2008
BOSTON, Massachusetts, October 26, 2005--Voice over IP service revenue in North America will grow 18-fold between 2004 and 2009, from $1.24 billion to $23.4 billion, according to Infonetics Research's latest VoIP Services report. More than $62 billion will be spent on VoIP services over the 5-year forecast period.
"VoIP subscriber growth is skyrocketing right along with revenue growth: we're forecasting triple-digit growth from 2005 to 2006, with 6 million new subscribers a year every year from 2006 to 2008, when there will be over 24 million," said Kevin Mitchell, principal analyst of Infonetics Research and author of the report.
"Vonage leads the residential and SOHO VoIP subscriber market, but their share is the lowest it's been in 9 months due to cable companies making gains," Mitchell continued. "Cablevision and Time Warner Cable each have double-digit share and combined have over 40% 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 incumbent telcos have insubstantial subscriber share at this time, but we expect them to make a bigger impact in coming years, because triple-play services will all be based on broadband infrastructure, and legacy PSTN access will continue to slowly churn away."
REPORT HIGHLIGHTS
* The top 3 North American residential/SOHO VoIP subscriber market share leaders in 2Q05: Vonage (32%, down from 36% in 1Q05), Time Warner Cable (25%, up from 21%), and Cablevision (19%, down from 21%); no other service provider has subscriber share greater than 3%
* MSOs make up almost half the North American VoIP subscribers base in 2004 and will peak at 55% of all subscribers in 2005
* The US makes up 93% of the North American VoIP services market in 2004, Canada makes up 7%; Canada will make up a greater portion of North American VoIP services revenue by 2009, especially in the residential market
The report presents market size and forecasts for hosted VoIP and managed IP PBX VoIP services, including a hosted VoIP split for residential/SOHO, business, and wholesale in North America, split by US vs. Canada. The report also includes a residential/SOHO VoIP subscriber forecast.
Download sample data at www.info.infonetics.com. For sales, contact Larry Howard, vice president, at larry@infonetics.com or +1 (408) 583-3335.
Infonetics Research (www.infonetics.com) is the premier international market research and consulting firm specializing in data networking and telecom. Services include market share and forecasting, end-user survey research, service provider survey research, and service provider capex analysis.
