It may seem like an oxymoron, or one of those annoying headlines that doesn't explain itself clearly, but it is, in fact as true as it reads, according to the latest in-depth market analysis carried out by Juniper Research.
And just to give you some figures to back up the facts, here they are. With regard to mobile Voip minutes, in 2010 the total minutes stood at 15 Billion minutes, but that figure is expected to skyrocket to over 460 Billion minutes by 2015 - just three years from now - of which the US are expected to account for over 135 Billion of those minutes.
Startling figures indeed, but figures which have not represented an increase in profits anywhere close to that which the ISP's were hoping for - let alone expecting - due to a number of factors.
The main reason being that a lot of the Mobile Voip usage has been due to applications which offer free Voip services and connection time as an alternative to paying for a carrier mobile Voip service. Because of the rise in applications of this nature, it means that consumers now have a range of options when it comes to voice and message service.
In basic terms, the stats suggest that far from being a dominant revenue producer for mobile service providers, mobile Voip could actually prove to be a hindrance to mobile voice revenue.
And just in case you're still struggling to come to terms with the logic behind the stats allow me to further extrapolate on matters. In recent years, experts at Analysis predicted that mobile Voip services would generate revenues of over $7 Billion in Europe alone, whereas, in truth, global mobile Voip revenues accounted for just 2.5 Billion in 2012 GLOBALLY!
Over-estimations are nothing new in the world of revenue forecasting, but such gross mis-representations are rare, and only serve to highlight the fact that mobile Voip is simply not turning out to be the money making monster that it was initially assumed it would become.
But regardless of all that, one things looks clear - the future seems bright for the consumer. So with many more applications set to be released offering opportunities to take advantage of free mobile Voip time, take advantage as much as possible and take back some of the power - because its hi-time we did.
And just to give you some figures to back up the facts, here they are. With regard to mobile Voip minutes, in 2010 the total minutes stood at 15 Billion minutes, but that figure is expected to skyrocket to over 460 Billion minutes by 2015 - just three years from now - of which the US are expected to account for over 135 Billion of those minutes.
Startling figures indeed, but figures which have not represented an increase in profits anywhere close to that which the ISP's were hoping for - let alone expecting - due to a number of factors.
The main reason being that a lot of the Mobile Voip usage has been due to applications which offer free Voip services and connection time as an alternative to paying for a carrier mobile Voip service. Because of the rise in applications of this nature, it means that consumers now have a range of options when it comes to voice and message service.
In basic terms, the stats suggest that far from being a dominant revenue producer for mobile service providers, mobile Voip could actually prove to be a hindrance to mobile voice revenue.
And just in case you're still struggling to come to terms with the logic behind the stats allow me to further extrapolate on matters. In recent years, experts at Analysis predicted that mobile Voip services would generate revenues of over $7 Billion in Europe alone, whereas, in truth, global mobile Voip revenues accounted for just 2.5 Billion in 2012 GLOBALLY!
Over-estimations are nothing new in the world of revenue forecasting, but such gross mis-representations are rare, and only serve to highlight the fact that mobile Voip is simply not turning out to be the money making monster that it was initially assumed it would become.
But regardless of all that, one things looks clear - the future seems bright for the consumer. So with many more applications set to be released offering opportunities to take advantage of free mobile Voip time, take advantage as much as possible and take back some of the power - because its hi-time we did.
About the Author:
Saul Saresi is an expert and regular writer specialising in all things Voip for his site Voipdito business voip Further examples of his writing can be found here voip for business
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