More than $1 Billion Being Spent on Consumer Video Telephone Services, Says Insight Research

| From

BOONTON, N.J. - June 13 (SEND2PRESS NEWSWIRE) -- The market for residential video telephony services is expected to break the billion dollar barrier for the first time this year, as an increasing number of households as well as individual cell phone users around the world start making video phone calls. According to the study, nearly $1.1 billion will be spent on residential video telephony services worldwide in 2007, according to a new market research study from The Insight Research Corporation.

Insight Research (c) Send2PressInsight Research's market analysis study, entitled "Residential Video Telephony Services Market 2007-2011," notes that residential video telephony is part of a worldwide push by carriers to create new IP-enabled services for consumers.

The study notes that consumers of wireline services and mobile telecommunications services are adopting the video telephone service along with other IP-enabled services such as fixed-mobile convergence services, file sharing services, streaming services, location-based services and presence-based services.

"I believe everyone is underestimating the impact that video telephone services will have on our lives," says Robert Rosenberg, Insight Research. "This year it's a $1 billion market, but visual information is how we as a species understand our world. We are visual - not auditory - beings. My guess is that among all the IP services being rolled out worldwide, real time video phone could be the service that has the biggest impact on our daily lives," Rosenberg concluded.

An excerpt, table of contents and ordering information for "Residential Video Telephony Services Market 2007-2011" market analysis study are online at: .

This 57-page report is available immediately for $795 (hard copy). Electronic (PDF) reports can also be ordered online. Visit the Website, or call 973/541-9600 for details.

News Source:
Like, Share, Save this press release:
  TWEET   SHARE   G+   STUMBLE   LinkedIn   Instapaper   Buffer

The content of the above press release was provided by the “news source” (Insight Research Corporation) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2007 Insight Research Corporation with newswire version Copr. © 2007 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS for this single page only, as of Oct 22 2016:
[ count retired 8.4.16 ]

or: Search

back to top
REFERENCES: market analysis study, Insight Research Corporation, Insight Research Corporation, market analysis study, Robert Rosenberg, Residential Video Telephony Services Market 2007-2011, market for residential video telephony services, IP-enabled services for consumers, presence-based, news, press release from Insight Research Corporation, Jun 13, 2007, Reports and Studies, , , , , More than $1 Billion Being Spent on Consumer Video Telephone Services, Says Insight Research