New report find VoIP and connected applications will grow

Mobile phone application and services are going to see vast revenues more than the next few years, potentially boosting VoIP traffic. VoIP & related application are likely to see yearly revenues of $18.9 billion (£12.4 billion) by 2014, according to new data from Juniper Research.

VoIP and connected applications will grow
The report found that many opportunities exist in the mobile market based around publicity, messaging, premium services and virtual economies.

The author of the report, writing in the press release, explain that "a confluence of Web 2.0 concepts and end-user behavior exploit both the web and the mobile phone as delivery platform is driving mobile web adoption and shaping industry development".

Future growth in the market will drive VoIP traffic and help to support it, thanks to the boost processing capacity for VoIP.

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