VoIP Services Market - Global Size, Share, Industry Growth Analysis to 2015-2021

New York, NY -- (ReleaseWire) -- 06/22/2015 -- Voice over Internet Protocol (VoIP) is a methodology which uses various technologies to provide communication services over a packet switched network (IP data network). The VoIP services convert the voice signals into digital signals that are carried over the IP based network. The call could be done on a regular telephone, VoIP phone, computer or mobile phone. VoIP services are implemented using various protocols such as H.323, Session Initiation Protocol (SIP), Inter Asterisk eXchange (IAX), Real Time Protocol (RTP), and Media Gateway Control Protocol (MGCP), among others. The major advantage of VoIP service is its price performance. VoIP is capable of providing rich media services and phone number portability. Additionally, VoIP is capable of offering features such as service mobility, integrated applications, user control interface and other rich features. VoIP services are easy to install, use and troubleshoot. The VoIP services finds its application across end-use segments such as residential (consumer market), mobile network providers and corporate.