IPPBX
by IPPBX
by IPPBX
Profile Information Last updated on: 15 September 2024
Profile Information Last updated on: 15 September 2024
We help make selecting a software for your business effortless, economical and efficient.
by IPPBX
by IPPBX
Profile Information Last updated on: 15 September 2024
Profile Information Last updated on: 15 September 2024
An IP PBX (Internet Protocol Private Branch Exchange) is a business phone system that uses VoIP (Voice over Internet Protocol) technology to enable voice communication over an IP network. It connects telephone extensions to the public switched telephone network (PSTN) and provides internal communication for a business.
IP PBX systems offer a range of benefits, including reduced communication costs, easy installation and maintenance, scalability, and enhanced productivity. They can be deployed on-premises, in the cloud, or as a hybrid solution.
The first IP PBX service became available in 1997, and within a few years, this new technology was offered with VoIP. Since then, IP PBX systems have evolved rapidly, with the introduction of various software-based solutions and open-source platforms like Asterisk.
The global IP PBX market is expected to reach a valuation of US$ 83,146.8 million by 2033, growing at a CAGR of 10.4% from 2023 to 2033. The market is driven by factors such as the increasing demand for cloud-based PBX systems, the growing need for voice solutions among enterprises, and the rapid development of communication infrastructure.
Major players in the IP PBX market, such as Cisco Systems, Microsoft Corporation, and Mitel Networks Corporation, have been actively involved in acquisitions and product expansions to strengthen their market position. These companies have acquired smaller players and expanded their product portfolios to offer more comprehensive communication solutions.
IP PBX providers typically emphasize innovation, customer-centricity, and collaboration in their company culture and values. They strive to develop cutting-edge technologies that address the evolving communication needs of businesses while providing excellent customer support and fostering a collaborative work environment.
IP PBX systems have a wide user base, ranging from small businesses to large enterprises across various industries. The open-source nature of some platforms, such as Asterisk, has also fostered a strong community of developers and users who contribute to the ongoing development and improvement of these systems.
By IPPBX