VoIP – Fastest Growing Industry in U.S.

The Atlantic’s Derek Thompson reviews a report from IBISWorld stating that little ‘ole Voice over IP leads a list of the ten most dynamic industries and will be the fastest growing U.S. industry in the next five years. 

Good news for us, obviously, but encouraging for all VoIP users.  Cost savings and greater efficiencies from IP convergence are great but can still come at the expense of call quality and reliability. 

This continued and fast growth in the VoIP industry means greater and faster innovations to benefit us all in user experience and ROI.  And the exciting part is what’s up around the corner — The emergence of a real and usable mobile VoIP:

“The popularity of Android gives Google a platform to launch a big cheap mobile VoIP campaign.

Vonage World already offers customers unlimited calling to more than 60 countries for $25, according to a report from IBIS.

As the quality of online calls increases, walking and talking over the Internet will seem less like a cheapskate’s effort to sacrifice quality calls for slim phone bills, and more like the new normal.”

With the ubiquitous nature of smart phones and the fact that, as Thompson notes, 69% of Americans have broadband access at home, most of us are already poised for the next round of VoIP technology.