Global Videoconferencing and Telepresence Endpoints Market

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Report Excerpt

Market Overview

The videoconferencing market is fast approaching an inflection point driven by high quality and low-cost solutions combined with an escalating need for rich collaboration. While adoption in the past has largely taken place as a high-end enterprise application, the benefits of videoconferencing are now extending to mainstream users. The imminent shift to software-centric solutions and the impact of consumerization will open up new growth opportunities while overturning traditional business models.

2011 was the year of video as adoption surged and the perception of video changed from a ‘nice-to-have” to a “must have” communications tool. Global revenue for the enterprise videoconferencing and telepresence endpoints market nearly hit the $x.x billion mark for 2011, growing at a strong xx.x percent over the previous year. Unit shipments grew at xx.x percent with xxx,xxx units shipped in 2011. Prices held stable due to continued migration to high-definition (HD) units.

Sustainable demand drivers will lead to increased spending throughout the forecast period. Videoconferencing is invigorated by a convergence of multiple drivers - cost savings, higher productivity, demographic factors, need for better work life balance, favorable environmental impact, and a growing trend among users favoring richer forms of communications.