Video Conferencing Growth in Asia-Pacific Market

June 18th, 2008 by Video Conferencing Expert

The Asia-Pacific videoconferencing infrastructure market has seen considerable growth in the last two years largely due to the rising demand from the emerging power economies of China and India, and to a lesser extent, ASEAN countries. These nations are increasingly enhancing their communications infrastructure, keeping pace with their economic growth, according to research from Frost & Sullivan’s Video Conferencing Infrastructure Market report.

Frost & Sullivan analyst Pranabesh Nath:

Even mature markets such as Australia and New Zealand are demanding complete video conferencing solutions, further contributing to the overall growth in Asia-Pacific. The latest study covered six sub-regions (13 countries) in Asia-Pacific—and showed earned revenues of US$80.9 million in 2007 and estimates this to reach US$245.3 million by end-2014, at a CAGR (compound annual growth rate) of 17.2 percent (2007-2014). The geographic expansion of organizations, especially in emerging countries, has been one of the biggest drivers of the videoconferencing infrastructure market

The videoconferencing infrastructure market includes all videoconferencing bridges or MCU (multipoint control units), gateways, gatekeepers, firewalls, NAT (network address translation), and management and scheduling tools and software.

Studies have revealed that Greater China accounted for 63.3 per cent of the total Asia-Pacific market in 2007 with revenues growing at 39.6 percent year-on-year. India was another high growth market as revenues rose 28.8 percent. In both these countries, the government and corporate sectors make up the bulk of domestic demand.