Hosted VOIP to generate $2 bln by 2010

Hosted VoIP will continue to experience dynamic growth over the next few years, with projected revenues exceeding $2 bln by 2010, In-Stat says. In-Stat projects US hosted VoIP seats in service will continue to grow steadily to over 3 mln in 2010, up from 373,000 in 2006. Cost savings remains the primary attraction to hosted VoIP solutions, but the value associated with business-grade solutions is resonating more strongly among businesses that are willing to pay for them.