VoIP Services in Asia Continue Strong Growth
Posted on: 12/14/2005
The market for VoIP services in Asia continues to show strong growth, as total revenue is expected to rise from nearly $5.5 billion in 2004 to more than $10 billion by 2009, according to research firm In-Stat in its recent report, “Voice over IP Services in Asia.”
Currently, long-distance calls – initiated from either traditional PSTN terminals or full IP local loops but carried over IP backbones to recipients' local networks – create the bulk of VoIP business in Asia, providing for 85.4 percent of total revenue in 2004, In-Stat says.
"By contrast, adoption of local VoIP services is slow due to regulatory barriers in many countries and the dominance of incumbent players," says Victor Liu, In-Stat analyst. "In Japan, however, competitive service providers such as Yahoo! BB have demonstrated how they can creatively leverage technological advantages to introduce new services and woo customers in a loose regulatory framework."
In-Stat also found that, in 2004, there were 8.7 million local VoIP lines in Asia. Plus, in Japan, South Korea, Hong Kong and Singapore, a large portion of long-distance calls already has migrated to the IP platform.
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