The worldwide IP telephony market will grow to $15.14 billion in 2007, with yearly growth percentage above 30 percent, according to a new report from IDC. The reports also sees positive signs both on the enterprise and service provider side and the long-term prospects for voice-over-packet technology remain excellent despite the telecom downturn. The revenues in 2001 were $1.85 billion and are expected to grow to $3.33 billion in 2003. The market keeps growing, evey year between 2002 and 2007 with respectively 30%, 39%, 48%, 54%, 50%, 33%. IDC believes that 2003 will present a window of opportunity for both IP-PBX vendors and carriers looking to roll out IP Centrex and VoIP VPN services.
