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IVR Technologies, Inc. is a leading software development company providing a fully integrated application, media and billing server to next generation networks.

September 2011

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Softphone market set for rapid expansion

September 15, 2011

Softphones haven't impacted the enterprise market like smartphones have, but new research indicates they could see strong growth in the next six years as businesses look to contain costs and take advantage of expanding VoIP networks.

Global Industry Analysts forecast the market could grow to $217.2 million in value by 2017, with 2.9 million units in volume sales, primarily driven by increasing enterprise mobility and workforce virtualization.

The firm said that while the United States is the world's largest market for softphones, the fastest growing region is APAC, where sales are increasing at a CAGR in excess of 19 percent, and revenue is growing at a CAGR of more than 13 percent.

Major players in the marketplace include Avaya, Broadview Networks, Cisco (Nasdaq: CSCO), CounterPath and Mirial, among others.

Global Telecom Market Status and Forecast

September 1, 2011

According to the information released by HOT TELECOM (www.hottelecom.com) in its latest report “Global Telecom Market Status and Forecast” http://www.hottelecom.com/telecom-market-forecast.html, the global telecom services revenue reached US$1.9 trillion in 2010, representing a 4.5% increase, an improvement compared with 2009, when revenue growth had declined to 3.8%. 

Growth is expected to decline again starting in 2011 up to 2016 and telecom service revenue growth is therefore projected to slow to a five-year compound annual growth rate (CAGR) of 2.5% and revenue is expected to reach US$2.1 trillion in 2015, having surpassed the US$2.0 trillion mark in 2013.