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VoIP market 'enjoyed year-on-year growth in 2010'

Posted 1 year 3 months ago in: General VoIP, VoIP Hardware
VoIP market 'enjoyed year-on-year growth in 2010'
Telappliant News: 2011-02-23
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The enterprise telephony and unified communications (UC) market - which includes VoIP services - experienced a third straight quarter of growth at the end of last year, new figures have shown.

In its latest Enterprise Unified Communication, VoIP, and TDM Equipment forecast report, Infonetics Research revealed this most recent rise took the PBX and UC market back to annual growth in 2010.

Despite North American expenditure in the sector dipping in the fourth quarter, the region was still the biggest contributor to a total value of $8.3 billion (£5.1 billion), up from $7.7 billion in 2009, the analysis stated.

Central and Latin American companies were big growth drivers, the study continued, with spending jumping by 20 per cent in the fourth quarter of last year.

Commenting on the numbers, directing analyst for VoIP and IMS at the company Diane Myers said: "The enterprise telephony and unified communications market is experiencing a slow and steady recovery, ending the 2010 year up 7.4 per cent.

"Leading the recovery is the move from TDM to IP across all regions, particularly North America."

Norm Bogen, vice-president of digital entertainment research for In-Stat, recently stated companies are adopting IP telephony solutions much more quickly than householders. 

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