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VoIP semiconductor market could see uptick with new VoIP spend
Frost and Sullivan has released a new report on how VoIP cost savings is a key growth factor for the semiconductor market for VoIP applications.
In some ways, this is a new take on a trend we've been hearing all year. The tough economy has made sales soft for everyone, but we've seen some uptick in VoIP equipment sales because companies are realizing that despite the initial investment, VoIP will save them money. The Frost and Sullivan report claims that the semiconductor market has something to gain from this new interest in VoIP equipment among carrier infrastructure, enterprise and consumer end-users, and that product differentiation and price competition is now even more important that ever. In 2008, Frost and Sullivan revealed that the semiconductor market in VoIP applications earned revenues of over $522.4 million and that it could reach $657.3 million by 2012.
For more:
- read the release
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