Ever since VoIP launched around 20 years ago, this technology has grown to be one of the most sought-after and powerful utilities for businesses. Millions of users involved in the corporate sector and business houses now interact with social messaging apps and voice calls powered by this technology as it keeps on evolving with time. But the burning question that exists in the minds of many is what might the future of Voice look like?
Well, as per recent research and our knowledge, we can only say that VoIP technology is only going to grow from here on out.
Where does VoIP technology stand now?
Within the VoIP industry, there are cutting-edge technologies and emerging trends that are vying to push voice communication mode even further. By 2017, this market is expected to be valued at around $ 82.7 billion, assuming the growth rate to be at 6% CAGR. Telecom Reseller, an authority website dealing in this area, states that VoIP is one of the best-performing industries of the current decade.
Telecom Reseller also mentions that wired telecommunications are on their way out as they have performed the worst so far. Voice is now making its presence felt from around the world by helping rural communities to communicate with each other. It is helping businesses make long-distance calls with minimum costs and hosting popular apps like WeChat for the global population to use.
What does the future have in store?
This technology has been transporting voice communication …