According to ZDNet Research, the residential VoIP market is soaring. It is on its way to become a $4.1billion business in 2010. The growth in this segment would attract companies to manufacture VoIP products for the household consumers.
The ZDNet Research says residential VoIP product revenues would grow at a compound annual growth rate (CAGR) of 31.1 percent to touch $4.1 billion even more from $1.1 billion in 2005.
There is also a surge in the residential VoIP subscribers. As per the report, the subscriber for Residential VoIP is poised to cross 151.2 million mark by 2010 from 15.8million in 2005.
While, the worldwide VoIP equipment revenue will rise to $11.9 billion in 2010 at a CAGR of 24.7 percent up from $3.95 billion in 2005.
