Combined, worldwide TDM and IP PBX systems revenue dipped 2% to $2.1 billion in 1Q06, but is 15% higher than a year ago. Annual revenue is forecast to grow to $11.4 billion in 2009, driven by strong IP PBX sales worldwide as more organizations move to voice over IP. Between 2005 and 2009, IP PBX revenue is forecast to jump 82% while TDM revenue plunges 88%.
"The overall enterprise telephony market was not immune to the first quarter blues, but the IP PBX category managed to eek out a small quarterly gain" said Matthias Machowinski, directing analyst at Infonetics Research. "We recently talked with 450 companies in North America about their voice infrastructure plans, and the results clearly indicate a steady move to VoIP, which will put this market on a nice steady growth trajectory over the next few years."
1Q06 Highlights
- In EMEA, the top IP PBX system line shipment vendors are Alcatel, Siemens, and Nortel
- The top IP PBX system vendors in North America are Cisco, Avaya, and Nortel in a very close race: Cisco was just in 3rd position the previous quarter, and the difference in 1Q06 market share from 1st to 3rd is less than 2 points
- Cisco leads the IP phone market, with 39% unit market share; the next closest competitors are 3Com and NEC, who are tied for 2nd
- Hybrid PBXs account for 63% of PBX line shipments; by 2009, they will account for 78%, up from 61% in 2005
- 45% of PBX/KTS systems revenue comes from EMEA, 30% from North America, 19% from Asia Pacific, and 7% from CALA