Enterprise IP Telephony Puts In a Strong Q4 2004 in Europe While the U.S. Market Takes a Dip -- "According to Synergy Research Group's latest reports, Q4 2004 Enterprise VoIP U.S. Market Shares and Q4 2004 Enterprise VoIP EMEA Market Shares, the EMEA Enterprise IP Telephony market increased 28.1% sequentially and 88.8% year over year while its U.S. counterpart dipped 3.5% -- the first decrease ever measured for U.S. Enterprise IP Telephony. As an interesting counterpoint, the U.S. market saw 8 vendors post negative sequential growth compared to all vendors in EMEA experiencing positive growth and in many instances that growth being strong double digit. Alcatel, Avaya, and 3Com posted the strongest EMEA growth of 51, 42, and 33 percent."
Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ