VoIP semiconductor market to reach €1.3bn by 2008

The worldwide VoIP semiconductor market is now experiencing significant growth as the deployment benefits of packetised voice are being continuously proven to service providers, businesses and consumers. Accelerated adoption across all system segments will enable the market to reach €1.3bn by 2008, with a compound annual growth rate of 48 per cent for 2003 to 2008, according to a new forecast from market advisory firm IDC.