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According to a new research conducted by TeleGeography, a telecom market analysis firm, skype now holds an account, equivalent to one third of all international phone traffic across the world.
According to a PDF released by the firm, international telephone traffic grew 5 percent in 2012, to 490 billion minutes and cross-border Skype-to-Skype voice and video traffic grew 44 percent in 2012, to 167 billion minutes. With an increase of nearly 51 billion minutes, the traffic growth of Skype has been far greater then any other international carrier in the world.
Increasing no of consumers are turning to software based communication applications on computers and mobile devices to connect with both personal and business contacts. This new trend is exerting heavy pressure on the telecommunications providers. VoIP services such as Skype and Google Talk are hard opponents to compete with for telcos, as these services offer free to use options.
Stephan Beckert an analyst at TeleGeography said "International providers have to rely on steady growth rates to maintain revenues,"
"What we've seen is a slowdown in growth rates and some is due to economic trends.", he adds.
Stephan Beckert also talks about Skype's evolution, from being a startup company to becoming a force to be reckoned with. He said "I think what's interesting is that 2012 versus previous years is that Skype is no longer a small business-they're no longer a startup,"
"We would expect that the growth rate would be tailing off over time. The very high sustained growth rate is pretty remarkable." Beckert adds.