SoftSwitch Market to Grow With VoIP Deployments

The global softswitch market in 2003 grew by 42.4%. In-Stat/MDR expects this market to maintain high growth rates because the major service providers worldwide are expanding their VoIP networks. Thus, the softswitch market is expected to experience a CAGR of 64.6 percent, between 2003 and 2008, resulting in revenues of $2.05 billion.