Videoconferencing Equipment Market to Exceed $5.5B
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DUXBURY, MA, Jul 22 (MARKET WIRE) --
The videoconferencing market is poised for record setting growth over the
next five years according to Wainhouse Research in the latest release of
the firm's annual study of the videoconferencing market. The new report
covers all phases of the enterprise videoconferencing equipment market
including telepresence systems, room videoconferencing devices, and
personal/desktop videoconferencing solutions. The market analysis by the
boutique research firm concludes that growth over the next two years will
be more in line with long-term figures, but then will return to the
hyper-growth numbers experienced by the industry in the past 18 months.
With telepresence-like units forecast to grow at over 21% CAGR, enterprise
group system revenues are expected to grow at a compound rate of 18% over
the 5-year forecast period, about twice the growth rate of the past
decade. The market for enterprise personal videoconferencing units is
forecast to explode with a growth rate exceeding 50% per year, driven by
multiple factors, including the adoption of Unified Communications, the
drive to reduce corporate travel, and the emergence of a new class of high
performance systems. According to Wainhouse Research, the overall endpoint
market will grow from $1.3B in 2007 to over $4.9B in 2013.
Videoconferencing infrastructure product revenues, including MCUs,
gateways, and gatekeepers, are forecast to grow to $725M during the same
time frame.
Rich Media Conferencing - 2008 Volume 2: 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
videoconferencing 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.
This report is Volume 2 of Wainhouse Research's annual three-part study
covering the conferencing industry. Volume 1 covers infrastructure
products and technologies and Volume 3 covers service providers. Details,
including an executive summary and table of contents, are available at
http://www.wainhouse.com/reports. To order Rich Media Conferencing - 2008
Volume 1, 2 or 3 please contact Client Services Manager, Sara Fargo at
sfargo@wainhouse.com or +1 781 934 6165.
Wainhouse Research (www.wainhouse.com) provides strategic guidance and
insight on products and services for Real-Time Unified Communications. The
global client base includes established and new technology suppliers and
service providers as well as enterprise users of voice, video, streaming,
distance education and web collaboration solutions.
CONTACTS:
Analyst:
Andrew Davis
Email Contact
+1 617-975-0297
Client Services:
Sara Fargo
Email Contact
+1 781 934 6165
Press/Marketing:
Heather Fiedler
Email Contact
+1 781 934 2058
Tables and charts available on request.
Copyright 2008, Market Wire, All rights reserved.
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