VoIP and SIP Trunking to Grow to $3.9 Billion by 2016

Great news for the VoIP faithful - the market has continued to grow even through the global economic downturn, so says a recent Frost and Sullivan report. The downturn was probably a catalyst for VoIP growth as the economics are so compelling to switch from TDM to VoIP. From this TMC article , Mimi Swamy writes that Frost & Sullivan Program Director Elka Popova believes that SIP trunking will gain momentum. VoIP and SIP trunking, if done propoerly with the right investment, essentially enables VoIP Peering. Whether it is internal to an enterprise, or carrier, or it is between mulitple networks the return on the invesment is compounded beyond just a reduction in the cost of moves, adds and changes. The more networks that deploy VoIP and SIP the greater the number of possible IP endpoints that exist to peer with. For $3.9 Billion in revenue it will probably take $10 Billion in investment. That's $10 Billion of IP endpoints! That's a whole lot of VoIP Peering!