Voice over Internet Protocol (VoIP) Market Expected to hit $55bn by 2025

(New York)—Deep Sky Mobile looks towards unveiling VoIP and IoT data solutions to assist in businesses and residents in ‘pulling the plug’ on old dated phone system service.

The North America VoIP market is projected to dominate the industry share of over 40% by 2025 driven by huge adoption of cloud services, advanced telecommunications infrastructure, and rising popularity of workforce mobility.

The VoIP market is estimated to hike from $20 billion in 2018 to around $55 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The VoIP market growth is due to its cost-effective way of communication compared to a broadband internet connection. The technology is rapidly replacing expensive traditional phone services as it eliminates the need to invest in massive telecom hardware equipment. Extensive internet penetration and widespread adoption of advanced unified communication platforms to support the growing business requirements will also contribute to the rising adoption of VoIP.

‘Pulling the Plug’ on Old Phone Service

Voice Over Internet Protocol communication is increasing in popularity exponentially as more people ditch their landline. Businesses, in particular, can benefit from using VoIP services, which are well known for being cheaper, more versatile, and more scalable than traditional phone services.

VoIP phone systems aren’t only for businesses—they’re also useful for residential customers. A residential VoIP system replaces your old phone line, letting you cut the cord and make calls for a fraction of the cost.

Residential VoIP systems also come stacked with dozens of features like voicemail-to-text and virtual fax, and with today’s top residential VoIP providers you don’t have to sacrifice top-quality sound and service.

Deep Sky Mobile will be announcing a number of new VoIP and Internet of things (IoT) communication products for both residential and business customers in coming weeks, which we feel will position Deep Sky towards the future on where communications is heading.

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About Deep Sky Mobile

Deep Sky Mobile is a development stage partnership between AppSwarm, Inc. (OTC:SWRM), and AI VentureTech, Inc., focused on providing mobile services for both the consumer and enterprise market. The goal is to develop Deep Sky Mobile as an alternative carrier for users seeking higher broadband Phone, Text, and Data services. Deep Sky Enterprise will focus on more advanced mobile solutions such as tracking network for driverless cars, drones, Smart Homes, Smart City's, IoT, and enterprise networking off our early stage 5G Cloud Platform providing both 4G and pre 5G capabilities. www.deepskymobile.com

Forward-Looking Statements:

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