Video conferencing and telepresence markets are expected to double in size by 2015, reports zycko.com.
A new report from Infonetics Research stated that annual enterprise video conferencing and telepresence revenue increased 18 per cent last year – to a global total of $2.2 billion. The firm expects the markets will likely reach $5 billion in 2015.
The company notes that the “highly versatile” multi-purpose room systems will represent the highest growth in the market. However, “immersive telepresence systems” are predicted to see the highest growth among all video conferencing equipment.
Matthias Machowinski, an analyst at Infonetics Research, said to tmc.net: “Communicating via video continues to be one of the top trends in telecom, as evidence by strong growth in the enterprise video market. Businesses worldwide are looking for richer means of communications with their employees, partners, and customers, and enterprise videoconferencing and telepresence solutions are a natural fit.”
“The biggest winners in the enterprise communications market will be those who offer solutions that are multi-modal, visual (e.g. video based), and support the collaboration requirements of globally distributed organisations,” he added.
Infonetics Research made the revelations in a new report which details “market size, vendor market share as well as dedicated video conference infrastructure and endpoints.”