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Internet Telephony To Reach $268 Millions In 2011 With CAGR Of 25.6 %
By James Marriot
Having debuted in 2002, Internet Telephony is largely new to India. In fact its popularity has soared only in the last few months. According to figures offered by Telecom Regulatory Authority of India, only about 160 Millions minutes of VoIP communication took place between June 04 and July 05. The average ILD or international long distance telephony market usage stands merely at 600 Millions minutes per quarter.
However, there is a perceptible surge in Internet Telephony because of a number of positive changes such as increase in available bandwidth, well regulated licensing scheme, VoIP allowed for domestic calls. At the same time VoIP is quality cost effective alternative as compared to ILD wherein users have to pay ADC or Access deficit charges also.
RNCOS' recent report "Indian Telecom Sector Analysis (2006-2007)", figures out that the market for VOIP Telephony in India has seen a dramatic change from its initial size of $0.1 Millions in 2000 to nearly $54.4 Millions in the year 2004.The market is further expected to grow at an impressive CAGR of 25.6 % to reach nearly $268 Millions in 2011.
Indian has a number of in-built advantages that further drives the growth prospects of the Telecom sector in India.
The country offers a large untapped market space with population exceeding Billions. The presence of large number of IT professionals, Internet infrastructure and significant cost savings further contributes to strengthening the prospects of the sector.
The research report also addresses the issues and facts that are critical to business success:
§ The emerging trends in the Telecom sector in India.
§ The future prospects of the Telecom market in India.
§ The Key players in the Telecom Market in India.
§ The challenges faced by the Telecom sector in India.
§ The economic factors affecting the performance of the Telecom market.
§ The emerging technologies in the Telecom Sector.
RNCOS' report, "Indian Telecom Sector Analysis (2006-2007)", provides extensive research and objective analysis of the Telecom Sector in India. This report has been written to help clients in analyzing the opportunities critical to the growth of Telecom market in India.
For more information visit: http://www.rncos.com/Report/IM073.htm
Current Industry News: http://www.rncos.com/blog
About the Author
We provide global business information for industry research, business consulting, & bring reputed companies and firms to us for business enhancement solutions.
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