NewMarket Technology (NMKT) Looks To Benefit With Widespread VoIP Adoption
A new report issued by Research and Markets points to rising adoption rates by consumers in VoIP. The global consumer market in VoIP grew from 16 million in 2005 to over 50 million in 2006. Numerous forecasts point to total VoIP adoption to exceed 38% of worldwide broadband households by 2011. Revenue within the market is expected to grow from $16 to $44 billion in that period. Europe, with a heavier concentration of broadband users, is leading the way with above average consumer adoption rates. The United States is quickly rolling out new broadband infrastructure and adoption rates to VoIP…