Worldwide PBX market

Worldwide PBX market
Infonetics reported that the worldwide PBX market (both TDM and IP systems) grew 12% in 2005 to $8.1bn, and is expected to grow to $11.6bn by 2009. While the TDM market declined 15%, the IP PBX market grew 23% in 2005. TDM systems account for 23% of the market; pure IP systems for 12% and hybrid systems for 65% of the total market. The market is split 44% in EMEA, 32% in NA, 19% in APAC and 5% in CALA. Nortel, Avaya, Siemens, Alcatel, and NEC form the top 5 competitors.