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Recent research from Frost & Sullivan (News - Alert) finds not only that Mobile VoIP is no longer just hype, but has now become a credible threat to traditional voice revenues.

According to the report, at the end of 2008, approximately $605.8 million of mobile VoIP revenues were generated in North America, Europe, Asia Pacific and Latin America - an amount that is expected to grow to $29.57 billion by 2015.

During the recent ITEXPO (News - Alert) West 2010 conference, TMC’s Group Managing Editor Patrick Barnard sat down to chat with Sanjit Chaterjee, director of global marketing for REVE Systems about the company, their solutions and the mobile VoIP market.

REVE Systems offers an ‘a la-carte’ menu of Mobile VoIP & VoIP solutions, Tunneling Products and carrier grade softswitches for small, medium and large service providers.

Chaterjee said during the interview that the company offers two ranges of products – one for mobile voice over IP and infrastructure products like the VoIP Switch, iTel, and billing products.

“In early 2010, we launched our proprietary softswitch product and are expanding the capability from a standalone to a distributed architecture,” according to Chaterjee.

In addition, the company offers a tunneling product called the Byte Saver that saves on bandwidth consumption when VoIP calls are made from mobile phones. This, Chaterjee explained, is key for the retail end user because, “they are looking to save on data costs.”

To help deliver on this need, the company has also launched a new version of their Byte Saver solution that Chaterjee noted is, more robust for the service provider while offering bandwidth savings for the end user.

When asked about the strategies behind compressing mobile data and why the company focuses on such a product, Chaterjee explained, "We do business in over 60 countries and many countries don’t have 3G as of yet, they’re still on 2g networks where bandwidth availability is a key issue and where a standard mobile client will not work because it will require certain minimum bandwidth." As a result, Chaterjee  said this product is very helpful in those markets.

To find out more about what Chaterjee had to say about Mobile VoIP and the current state of the market, check out the video below.