Voice over Internet Protocol isn’t going anywhere. It’s here and it’s staying – for good! It’s time to bid farewell to your traditional phone in your home and welcome VoIP phone to enjoy calling to friends and family in US and Canada and long distance calling to any destination in the world in a rate, which will suit your budget and yet keep that perfect smile on your lips – the happy-go-lucky chap you’ll be. VoIP phone service not only saves you on your calls but, lets you enjoy all value-added features, which otherwise are charged for in case of your traditional phone. Owing to these facts, people are abandoning their traditional phones and going head-over-heels for purchasing residential VoIP or business VoIP services.

With so much rage going on about VoIP – residential VoIP, in particular, researchers couldn’t help giving a fairly adequate estimate that by 2012, residential VoIP services will successfully gather around 267 million subscribers and harbor them under the VoIP phoning shelter. 267 Million, as a matter of fact, is a huge leap from the 38 million users previously registered.

According to ABI Research principal broadband analyst Michael Arden, this number can increase even more as hosted PBX phone system service providers, which happen to be the pioneers of commercial VoIP, are going to further develop and progress, to some extent. He states “It will be cable operators and other broadband providers trying to leverage their high-speed data networks that will really push VoIP in the future.” Interesting.

Arden further elaborated that this expansion of VoIP markets will have a progressive effect, though having different effects in the world’s major regions.

Technically, in the US alone, the reason of VoIP success is mainly due to the large market and the tough competition it has with many large VoIP service providers, particularly residential VoIP service providers are offering amazing services. Not to mention, even cable operators are offering VoIP services and long-distance calling opportunities, which is why some customers are being driven away from the traditional telephone companies.
With Cable Operators soon instigating giving away multiple converged services, Telcos will eventually be forced to come to surrender to VoIP and provide their users with VoIP services, as well as VoIP international services for easy moving around and VoIP-ing away.

Moving onto Europe, it has been observed that many telecom companies have shifted to an upgraded service such as Ethernet networks, which as a result has increased their functional efficiencies. This shows that this up gradation has been implemented with taking VoIP into consideration.

Whereas in Japan, third-party broadband providers including names such as SoftBank are extremely popular and adding to VoIP phone popularity, particularly increasing consumers using residential VoIP service.

Undoubtedly, the coming years are ruling years for VoIP service and with VoIP telephony offering video, online gaming, and other services along, it will survive for longer than its obsolete contender – the ordinary POTS.