WebRTC Market to Reach $4.45 Billion

WebRTC Market to Reach .45 BillionA recent report from MarketWatch cited the huge growth opportunity for Web Real-Time Communication (WebRTC). The global WebRTC market is expected to reach $4.45 Billion by 2020, at a CAGR of 50.9% from 2015 to 2020.

“The WebRTC market is considered as the ‘Blue Ocean’, which refers to an uncontested marketspace that holds tremendous potential and opportunities for WebRTC vendors and solution providers.”

The report went on to describe WebRTC as a simple way for small and medium sized businesses to shift from traditional communication solutions to modern user-centric business communication. According to the report, WebRTC can help businesses to attract new customers through “click-to-call” services.

There are obvious advantages for consumers as well, being able to make cost-effective VoIP calls from a web browser, without using special software or phone equipment.

Telinta believes WebRTC creates a tremendous opportunity for VoIP service providers around the world.

What will it take to win in the WebRTC market? To start, having a stable and scalable platform that can easily support your growing WebRTC business would be vital. Now add real-time CDRs, brandable multi-language web portals, easy integration with other VoIP services, and of course, the ability to use your own VoIP Termination carriers and DID providers.

Stay tuned for big news on WebRTC from Telinta.