Skip to main content

Mobile VoIP is Part of Unified Social Networking

Nearly five years since mobile Voice-over-IP (VoIP) services were first introduced in the marketplace, it's about to move beyond an inexpensive alternative for making international calls -- to become an integrated component of unified social networking services.

According to the latest market study by In-Stat, the next several years are expected to be transformational as mobile network service providers figure out how to respond to a forecast of nearly 139 million mobile VoIP users by 2014.

"Mobile VoIP is gaining real market presence with usage rates climbing rapidly," says Amy Cravens, Market Analyst at In-Stat.

As it becomes further incorporated into other mobile apps, specifically social networking applications, the realm of potential use is expected to broaden.

This has created a great deal of jockeying among mobile VoIP players trying to develop market share and mobile operators trying to determine the best response to this potentially disruptive service offering.

In-Stat's latest market study findings include:

- Mobile operators will gradually remove barriers to mobile VoIP usage, however, will remain guarded in how these services are introduced.

- In-Stat's consumer survey showed that T-Mobile subscribers had the greatest incidence of mobile VoIP usage; nearly twice that of total respondents.

- Total 2014 revenues will be split between the EMEA (39%), Asia/Pacific (32%), North America (21%), and the rest of the world (8%).

- Because mobile VoIP is portable, users can bring the benefits of VoIP with them when traveling abroad and thereby avoid the roaming fees that mobile operators charge.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without