VoIP a major market

Voice over IP has developed as a major market - which began with H.323 and has now moved to SIP. There are increasing numbers of users and a large variety of VoIP hardware and software on the market. With increasing numbers of vendors, the competition is heating up - is it a maturing market?

“Cisco began selling its VoIP gear to corporations around 1997, but until the past year, sales were slow. Cisco notes that it took more than three years to sell its first 1 million VoIP phones, but the next 1 million took only 12 months.”

Ben Charny , “Is VoIP pioneer Cisco losing momentum?”, CNET News.com, September 17, 2003, 4:00 AM PT

As of July 30, 2005, Cisco had shipped their 6 millionth IP phone[Chambers 2005], 10 Million by November 2006 [Cisco 2006], in 2010, their 30 millionth IP phone [O'Sullivan 2010], in April 2012 their 50 millionth IP phone [Hamblen 2012], …

Slide Notes

John T. Chambers, "to our shareholders", Cisco Annual Report 2005, http://www.cisco.com/web/about/ac49/ac20/downloads/annualreport/ar2005/pdf/ar_2005_complete.pdf Links to an external site.

Cisco Systems, Inc. “Bank of America Experiences Operational Efficiencies with Cisco Unified Communications System Deployed by EDS”, Press release, November 20, 2006 http://newsroom.cisco.com/dlls/2006/prod_112006.html Links to an external site.

Barry O' Sullivan, 30 Millionth Cisco IP Phone!!, Cisco Blog > The Platform, October 27, 2010 at 8:00 am PST, http://blogs.cisco.com/news/30-millionth-cisco-ip-phone/ Links to an external site.

Matt Hamblen, Cisco sells 50 millionth IP phone, Computerworld, April 18, 2012, http://www.computerworld.com/s/article/922334/Cisco_sells_50_millionth_IP_phone Links to an external site.

Transcript

[slide24] So, what's it like as a market? Well, it took a long time to grow. Cisco started selling its VoIP equipment in 1997, and they said, until the past year, sales were slow. It took more than three years to sell the first 1 million phones. But the next million only took 12 months, by Ben Cheney. As of 2005, Cisco had shipped their 6 millionth phone, and it kept going up,