Tuesday, 12 August 2008

High Growth Forecast for Multi-Service Business Gateway: Study

As the appeal of Multi-Service Business Gateway (MSBG) devices increase, there will be a more aggressive adoption of the technology within the small and medium businesses (SMB) and branch offices confirms a recent study done by In-Stat.

In fact, the worldwide MSBG market is expected to generate over USD 2.7 billion annually by 2012 says the high-tech market research firm.

MSBGs are defined as products purposely designed for small business and branch office applications that integrate multiple communication voice, data, and video functions into a single device.

"Due to high business failure rates, the majority of MSBG sales to SMBs will be for newly opened offices," says Keith Nissen, In-Stat analyst.

"In contrast, enterprise branch office MSBG installations will increasingly be equipment replacement sales."

The study also revealed that the US MSBG market will grow up to USD 1.7 billion in 2012 and global MSBG shipments will grow at a 33% Compound Annual Growth Rate (CAGR) over the next five years