In-Stat reports that the IP PBX, Internet Protocol Private Branch eXchange, is to grow at the rate of 6.6% thorugh 2009.

In-Stat report summary:
“Enterprise VoIP is thriving. Worldwide IP PBX line shipments (including IP-enabled and server based) will exceed traditional PBX line shipments for the first time in 2005. While the total PBX market is forecast to grow by a compound annual growth rate of 6.6% through 2009, the traditional PBX is in rapid decline while the IP PBX continues to gain momentum throughout the forecast period. This report identifies market trends that are driving the growth of the IP PBX. It also shows vendor market shares for 2004 and 1Q 2005”.

PBX is a telephone exchange that is owned by a private business, as opposed to one owned by a common carrier or by a telephone company.

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