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Video Conferencing Equipment Market to Exceed $5B
July 24th, 2008 by Video Conferencing Expert
The videoconferencing equipment market is poised to for record setting growth over the next five years according to Wainhouse Research. The report was part of the release of the firm’s annual study of the videoconferencing and webconferencing market. The year’s report covers all sectors of the enterprise videoconferencing equipment market, including enterprise telepresence systems, room videoconferencing devices, and personal/desktop videoconferencing solutions. The Wainhouse Research study indicates that the 5-year growth prediction accounts for a slowdown in the videoconferencing market.
Teleprecense systems, like HP’s Halo are forecasted to grow 21. Enterprise group video conferencing systems are forecast to grow at 18% over the next 5 years, twice what the growth rate has been in the last decade. The market for enterprise personal videoconferencing units is forecast to increase much more quickly, predictions indicate it could exceed 50% per year. This rapid increase is driven by multiple factors: adoption of unified communications, the drive to reduce corporate travel, and the emergence of a new class of high performance systems, and an industry push to go green. The overall endpoint market will grow from $1.3B in 2007 to over $4.9B in 2013.
Enterprise Videoconferencing Endpoints and Infrastructure is a 96-page report that includes a complete and detailed product forecast, historical market trends and figures, and a description of the 12 major drivers, as identified by Wainhouse Research, that are taking videoconferencing into the enterprise mainstream.
The report also includes a short description of thirty vendors identified by Wainhouse Research as leaders, influencers, and contenders in the market. Vendors profiled include Adobe, Aethra, AVCON, Avistar, Cisco, Compunetix, Dialcom, DVE, Emblaze-VCON, HP, Huawei, IBM Lotus, IOCOM, Kedacom, LifeSize, Microsoft, Mirial, Polycom, RADVISION, Sony, Tandberg, Telanetix, Telepresence Tech, Teliris, V2, VidSoft, Vidyo, Visual Nexus, VTEL, and ZTE.