The global VoIP services market was valued at USD 70.90 billion in 2013 and is expected to reach USD 136.76 billion by 2020,growing at a CAGR of 9.7% from 2014 to 2020
The report “VoIP Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020” from Transparency Market Research (TMR) offers a 360-degree view of the global VoIP services market. This TMR report states that the global VoIP services market will expand at a 9.7% CAGR during the forecast period of 2014 to 2020. In 2013, the market was recorded at US$70.90 billion and is projected to be worth US$136.76 billion by 2020. The subscriber base of the global VoIP services market is expected to reach 348.5 million.