Is VOIP still as popular as it was in the past?

VoIP technology emerged in 1995, and has certainly grown since then. We wanted to share some statistics about the state of VoIP in 2021, and then our thoughts on why this technology is so popular with businesses of all sizes.

1. In 2020 the VoIP industry in the US resulted in $30 billion in revenue

   According to GMinsights

2. The mobile VoIP market is expected to grow to $183.7 billion by 2027

   According to BusinessWire

3. 35% of businesses have installed VoIP technology

   According to Blueface Business Communication

4. On average businesses see 30-50% savings on their telecommunications expenses after switching to VoIP

   According to Telzio

5. The US is the leading country for using a VoIP system, with Japan and France following in second and third place respectively.

   According to Statista

6. The VoIP industry is projected to grow 12% annually until 2025

   According to GMinsights

Why is VoIP so popular?

VoIP has proven to be a popular tool for many businesses, and it’s not hard to understand why. The technology utilized by business phone providers gives their users access to resources such as virtual numbers, robust features, and other business benefits.

Should I switch to VoIP?

We may be a little biased, but we certainly would say yes! Switching to a VoIP system can help save your business money, while giving you access to increased collaboration tools to help your business handle communication more effectively than ever. With Yodel you can access a free 14 day trial, so you can see the benefits of VoIP for yourself.

In the end…

VoIP is a popular business phone system around the world, and growth of the VoIP industry doesn’t look like it will be slowing down anytime soon. If you want to test out VoIP technology yourself, take advantage of Yodel’s free trial today!