According to a recent report by Forrester Research companies are increasing their IP Telephony spending, a trend that should continue for at least a couple more years. From the 516 decision makers surveyed in North America and Europe a little over 50% told they are increasing their IP PBX budget.

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Research firm iLocus released a report saying that 2.23 million IP PBX licenses were sold in the 2nd quarter of 2007. This has generated revenues in excess of $208 million, mainly for Cisco who is the overall market leader. Other key players were Mitel, 3Com and ShoreTel. North America accounted for 68% of the shipments, followed by EMEA.

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