VoIP Solutions Market is Strong
Although the market in Voice over Internet Protocol products has been booming recently, VoIP was not completely immune to the recession, as no industry is in trying times.
It fact the IP telephony market worldwide dropped by 4% from the end of 2010 down to $2.52 billion in the first quarter of 2011.
Diane Myers, the directing analyst for VOIP and IMS at Infonetics, said: “The global PBX market was dragged down by slowing TDM PBX sales as businesses continued to shift to IP.“
But the news is good again with signs of stability in the sales of VoIP products and PBXes as more and more companies use Unified communications.
In fact the quarter of 2011 is up 8.5% compared to the first quarter of 2010.
Avaya is still the main player in the PBX market while Cisco is dominating the unified communications market. Meanwhile Time Warner, Cox and Comcast have made a huge advance on the bundled VOIP market and digital voice industry. They are now covering over 12 million US households.
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