Need to Reduce Communication Costs Driving Mobile Voice over Internet Protocol Market in North America

The Mobile Voice over Internet Protocol market is expected to grow at a CAGR of 57 percent. The report indicates that the market is currently being driven by the growing need to cut down on communication costs.

Unlike other communication mediums, mobile VoIP (Voice over Internet Protocol) does not require extensive investment or equipment. Communication takes place via the internet, eliminating signal transfers through cells, base stations, and substations, thereby eliminating huge bills for mobile phones and reducing companies' overall communication costs.

The demand for mobile VoIP in North America

In spite of the demand for mobile VoIP in North America, increasing concerns about data security are hindering the growth of this market. Nevertheless, improved network and wireless bandwidth capabilities are expected to drive market growth. In addition, the Mobile VoIP market is witnessing the incorporation of video capabilities in mobile devices.

The report, "Mobile Voice over Internet Protocol Market in North America 2010-2014," is based on extensive technology conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report as well contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.

enquiries@companiesandmarkets.com www.companiesandmarkets.com/market-report/North-American-Mobile-VoIP-Market-2010-2014-631770.asp?prk=9240e4d05b7afa3172ca31f609f4ff1a