Although, the Juniper Research forecasts overall fall in global spending on VoIP hardware and software after 2007 from $5.5 billion to $3 billion in 2010, however, a new study asserts the spending on VoIP in China will increase by three times during the same period.
According to research firm, In-Stat, China’s yearly corporate spending on IP server-based PBX (Private Branch Exchange) will grow from $164.1 million in 2006 to $479.5 million in 2010. In other words, there is a steady growth in the PBX revenue in the Chinese market in the coming days.
Kevin Li, a research analyst at In-Stat comments that business users in China are seeing VoIP as a basic function in IP PBX products.
Li said,
Several solutions designed to cope with various risk scenarios are gradually alleviating potential customer’s concerns of reliability and security for carrying voice over an open and standard data network.
However, the report predicts the traditional PBX revenue in China will fall by a 31.8 percent CAGR through 2010.
