Global PBX Market Up in 3Q, Down for Year

Global sales of pure IP, hybrid and TDM PBX enterprise telephone systems totaled $1.6 billion in the third quarter of 2015, up 3.9 percent from the previous quarter, while unified communications solutions grew 5.4 percent, according to Market research firm IHS.

On a year-over-year basis, the PBX market was down seven percent in the third quarter, while the unified communications market was flat.

IHS predicts the worldwide PBX market will grow at a compound annual growth rate of -0.1 percent between 2014 and 2019, reaching $6.9 billion in 2019.

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