The Internet protocol market is showing signs of recovery from the economic slowdown, reports Frost & Sullivan, a San Jose, Calif.-based consulting firm.
The worldwide value of sales of voice over Internet protocol gateways will total $259.6 million in 2001, and reach $2.89 billion in 2006, Frost & Sullivan projects. Investors gradually are regaining confidence in the sector after venture capital funding for VoIP service and equipment providers almost completely dried up, with the downturn starting in the last quarter of 2000, says Niamh Spillane, Frost & Sullivan research analyst.
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