Worldwide Conferencing Applications 2005-2009 Forecast: A First Look at 2004 Performance and Key Trends

Published by: IDC

Published: Mar. 31, 2005 - 11 Pages

Table of Contents

Abstract

This IDC study presents IDC's five-year view of the worldwide conferencing applications market. We present our initial look at 2004 worldwide conferencing revenue by region and provide updated forecasts for 2005?2009 based on both macroeconomic and market-specific assumptions, along with discussions of key market trends, to provide insight into what is happening and what can be done to make the most of opportunities for conferencing products. Readers of this study will learn which key trends will influence buyers and vendors in a market that is expected to grow to $1.3 billion in 2009 and which steps companies should take to be successful with conferencing products and services.

Note that the market forecasts and market analysis contained here update those published in Worldwide Conferencing Applications 2004?2008 Forecast and 2003 Vendor Analysis: Virtual Sales Tool or Virtual Inbox? Vendors Take Sides (IDC #32308, December 2004). This study does not contain vendor-specific revenue, market shares, or vendor profiles, all of which will be published in a separate study in 2Q05.

"In this fast-growing market, which will double in size during this forecast period, vendors should aggressively work to change customers' expectations about how they can use these products, and sell deeper into their customers where two or three or even four other vendors' products might be hiding. In 2005, the two dynamic forces of consolidation and standardization will loom large, and figuring out how to prove value and win new clients in the next 24 months should be top of mind for all participants in this market." ? Robert P. Mahowald, IDC research manager, Collaborative Computing

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