Professional VoIP market to top $2.2 bln by 2007

The worldwide market for Professional Video-over-Internet Protocol (IP) services will top $2.2 Billion (US) during 2007, exhibiting a powerful Compound Annual Growth Rate of 45.3% between 2003 and 2007, according to In-Stat/MDR. The high-tech market research firm finds that two key segments will drive strong growth: Live Two-Way Video for Interactive Communications and Live One-Way Video for Information Distribution. During 2003, these two "live" categories, combined, only account for 17.3% of the total market. However, by 2007, they will hold a 42% share of the worldwide market for all Professional Video-over-IP network services.