George Van Horn, a senior analyst at IBISWorld, pointed out that IP telephony allows users to make calls at cheaper rates that traditional landline services.
'Similar to emails, geographic distinction between incoming and outgoing calls is not made. Prices are the same from one fixed point to another,' he explained.
Mr Van Horn also said this benefit will drive the continued success of VoIP, as the technology is the new generation of telecommunications and avoids the outdated aspects of landlines.
In addition, the expert said that the features of VoIP will continue to grow in the coming years, which will lead to further growth in usage.
Figures published by IBISWorld claim that VoIP was one of the best performing industries of the last decade, achieving revenue growth of 179,036 per cent between 2002 and 2009.
'Similar to emails, geographic distinction between incoming and outgoing calls is not made. Prices are the same from one fixed point to another,' he explained.
Mr Van Horn also said this benefit will drive the continued success of VoIP, as the technology is the new generation of telecommunications and avoids the outdated aspects of landlines.
In addition, the expert said that the features of VoIP will continue to grow in the coming years, which will lead to further growth in usage.
Figures published by IBISWorld claim that VoIP was one of the best performing industries of the last decade, achieving revenue growth of 179,036 per cent between 2002 and 2009.
