Synergy Research Group, a market research firm providing market intelligence to the telecom, mobile, and networking industries, in its publication of Q1 2010 Enterprise Voice market shares said that worldwide market for Enterprise Voice totaled $2.4 billion in Q1 2010.
According to the report, Latin America and APAC posted the largest increases. The US and China were somewhat flat with 1 percent growth. EMEA was the only major region to post a decline, the report said.
Year over year, the worldwide Enterprise Telephony market grew only 3 percent. However, the report noted that when looking deeper into regional numbers, some standout countries posted strong double-digit growth.
For example, in APAC, India and Taiwan posted 32.8 percent and 27.7 percent growth, respectively and in Western Europe the UK experienced strongest results with 24.4 percent year-over-year growth.
"With the recovering economic environment some vendors fared better than others navigating through increased competition and conservative customer spending," said Jeremy Duke, principal analyst and founder, Synergy (News - Alert) Research Group, in a statement.
Duke said that the effects of strong country growth, where vendors had a strong presence, was a significant contributor to vendor performance in the quarter.
In contrast, both Cisco and Avaya, gained share and drove strong revenue growth in Q1 2010.