LAN Telephony to Continue Forward March in 2003 as IP Station Shipments Exceed PBX
SCOTTSDALE, Ariz., April 29, 2003 - Despite an overall down economy and serious drops in almost every segment of high tech, LAN Telephony (enterprise VoIP) continued its stellar growth in 2002, with shipments of 60% more than the previous year. High-tech market research firm In-Stat/MDR (http://www.instat.com) reports that this market is poised to continue its forward march, and 2003 will be the year when IP station shipments first exceed traditional PBX stations.
"This market's size is tied closely to two things; the size of the enterprise voice market and the percent of enterprise voice solutions that migrate to IP," says Brian Strachman, a Senior Analyst with In-Stat/MDR. "While the overall enterprise voice market is down, the percent of migrations to LAN Telephony is up, resulting in growth, and while few companies are scrapping perfectly good PBXs in favor of an IP system, an increasing number are choosing IP instead of a traditional PBX."
In-Stat/MDR has also found that:
- In 2001, 23.7% of enterprise telephone stations sold in the US were IP based, while in 2002 that number jumped to 46.3%. This stellar growth was predicated by improved products, increased numbers of traditional vendors offering IP, and a movement in the buying community towards future-proofing their networks.
- Cisco Systems remains the 500 pound gorilla in the enterprise VoIP space (as well as the enterprise networking market) and there is no sign that will change in the near future. Cisco's sales constitute over 1/3 of the total market, with their closest competitor barely halving that amount.
- Although the enterprise telephone system market was down by 18%, in 2002 from 2001, the IP PBX market continued to grow. Therefore, IP PBX is garnering a larger piece of a shrinking pie and every year an increasing percentage of the voice systems that are sold are IP. The IP PBX will continue to have success, particularly if the economy improves and the total number of enterprise voice system sales increases.
The report, "LAN Telephony 2003: IP or Nothing" (#IN030676CT), looks at the overall LAN Telephony market, specific verticals, technology changes, and market drivers. It includes a profile on the products and strategy of all of the major vendors, as well as market shares. It then forecasts revenues the LAN Telephony market by lines, systems, and revenues, through 2007. To purchase this report, or for more information, please visit:
http://www.instat.com/catalog/cat-ct.htm or contact Erin McKeighan; emckeighan@reedbusiness.com or 480.609.4551. The report is priced at $3,495 USD.