By 2012, cellular VoIP services are forecast to generate revenues of $18.6 bln (EUR 15.3 bln) in the USA and $7.3 bln (EUR 6.0 bln) in Western Europe, compared with fixed VoIP revenues of $11.9 (EUR 9.8 bln) in the USA and $6.9 bln (EUR 5.7 bln) in Western Europe, according to Analysys. By 2015, cellular VoIP will carry 28% of all fixed and mobile voice minutes in the USA and 23% in Western Europe