More than $1 Billion Being Spent on Consumer Video Telephone Services, Says Insight Research
BOONTON, N.J. – June 13 (SEND2PRESS NEWSWIRE) — The market for residential video telephony services is expected to break the billion dollar barrier for the first time this year, as an increasing number of households as well as individual cell phone users around the world start making video phone calls. According to the study, nearly $1.1 billion will be spent on residential video telephony services worldwide in 2007, says The Insight Research Corporation.