1/17/00 Bus. Wire 08:16:00 Business Wire Copyright (c) 2000, Business Wire Monday, January 17, 2000 Demand for Converged Networks Surges PBX/KTS Into the New Millennium MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 17, 2000--
Driven by the Asia Pacific economic upsurge and increasing demand for call centers, unified messaging, networking capabilities and computer telephony integration (CTI), the private branch exchange (PBX) and key telephone systems (KTS) markets are primed for significant growth. According to Frost & Sullivan's (www.frost.com) new strategic research, "Asia Pacific PBX and KTS Markets," total market revenue for PBX and KTS equipment in Asia Pacific reached $672.6 million in 1998. While unit sales grew to 6.8 million, the market experienced a decline in the average unit price. The key factor impeding domestic manufacturer growth in Asia Pacific regions is ineffective R&D investments. "Market participants aspiring to succeed need to adopt effective pricing and R&D strategies in order to overcome PBX and KTS market domination by multinationals, such as Lucent, Alcatel, Ericsson, Nortel and others," say Frost & Sullivan analysts. "However, multinational manufacturers in India and China are challenged by the domestic industry in lower-end segments." Many local companies have been forced out of the market due to their inability to match the technology offered by multinationals. Furthermore, consolidation is resulting in market share increases for larger industry participants--all at the expense of local players. "The current trend is toward converged networks," state the authors of this study. "The demand for an increasing number of converged networks is likely to fuel market replacement and upgrade." Australia is likely to lead the adoption of converged solutions and Wireless PBX systems, while Singapore and Hong Kong are likely to represent the next wave of adoption. This study analyzes the PBX, KTS, and wireless PBX market segments and provides analyses for Australia, China, Hong Kong, India, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand. Frost & Sullivan projects excellent growth rates from markets in India and the Philippines, while Centrex services offered by China Telecom will likely stimulate market growth in China. Frost & Sullivan is an international marketing consulting and training company that monitors the PBX and KTS industry for market trends, market measurements, and strategies. The ongoing research is utilized to update a series of research publications and to support industry participants with customized consulting needs. Free executive summaries of all Frost & Sullivan reports are available to the press. Report: No. 4182-62 Date: December 1999 Price: $12,450 CONTACT: Frost & Sullivan Jennifer Minx, 210/348- 1015 jminx@frost.com www.frost.com 08:01 EST JANUARY 17, 2000 ---- INDEX REFERENCES ---- NEWS SUBJECT: Business Wire; Press Release Wires (BW PREL) MARKET SECTOR: Newswire End Code (NND) INDUSTRY: Telecommunications, All (TEL) Word Count: 381 1/17/00 BWIRE 08:16:00 END OF DOCUMENT |