The VoIP calls in the US have seen a consistent decline over the years, standing at 115 Unit Minutes Time in 2023. The year-on-year decrease has been substantial, especially in recent years, with a drop of 9.45% from 2022 to 2023. Over the last five years, the CAGR has averaged around -8.57%, indicating a significant downward trend.
Looking ahead, the forecast from 2024 to 2028 suggests an even sharper decline with a projected 5-year CAGR of -13.47%. This would result in the volume decreasing by 51.49% by 2028.
Future trends to watch for include:
- Advancements in alternative communication technologies.
- Changing user preferences towards newer communication platforms.
- Potential economic factors influencing telecommunication service adoption.