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Asia Pacific Conferencing Services Market CY 2005Published by: Frost & Sullivan Published: Nov. 2, 2006 Table of Contents
1. Asia Pacific Conferencing Services Market CY 2005 1. Asia Pacific Conferencing Services Market CY 2005 Abstract2005 was another impressive year from the conferencing services market in Asia Pacific with market size of $256.4 million. Strong growth was experienced in major countries, i.e. Australia, Japan, Hong Kong, Singapore and China, however demand from other Asian countries also picked up steadily. Moving forward, the Asia Pacific market is expected to grow steadily in line with the transition to IP. While lower pricing of reservationless is expected to inhibit the market, a steeper rise anticipated in usage will help boost overall market revenue.Research Overview This Frost & Sullivan research service on the Asia Pacific Conferencing Services Market provides insights into Asia Pacific markets with in-depth focus on major market trends, opportunities, challenges, and competitive landscape. In this research, Frost & Sullivan's expert analysts thoroughly examine applications such as audio, video, and web conferencing services. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
Enhanced Features Boosts the Asia Pacific Conferencing Services Market Reservationless conferencing is witnessing significant uptake due to its advantages of ease of use, ad-hoc capabilities, better security without any interference from third parties, and lower prices than value-added services. While the banking and finance as well as technology sectors have traditionally been the major adopters for conferencing services, the education and manufacturing sectors have been picking up pace in recent times. Despite the imminent shift to reservationless conferencing, value-added services still account for a substantial share of the videoconferencing segment. These services are meant mainly for legacy customers accustomed to this service offering. End users have realized the immense advantages of using conferencing solutions to improve productivity and are actively adopting these solutions. The rapid development of Internet protocol (IP) networks in the Asia Pacific conferencing market is also boosting sales, especially with several service providers set to offer hybrid conferencing solutions by tying in legacy time division multiplexing (TDM) or integrated services digital network (ISDN) with IP. These product benefits, coupled with the demand expected from fast-growing and profitable markets in China and India, is expected to sustain the remarkable growth of the Asia Pacific conferencing services market. Popularity of Collaborative Conferencing Improves Market Revenue "One of the emerging trends in the Asia Pacific market is the offering of webconferencing services with enterprise communication tools such as instant messaging, e-mail, voice over IP (VoIP), and desktop productivity software," says the analyst of this research. "Once IP becomes the standard for conferencing services, it will facilitate the provision of data collaboration to end users’ desktops, making it more accessible to the majority." Countries such as Japan, Australia, Hong Kong, South Korea, and Singapore are expected to spearhead the adoption of collaborative conferencing. In line with the growing popularity of reservationless services, most service providers are looking to offer more automated features. "They are also focusing on migrating from the traditional services platforms to IP to enhance customer value proposition through convergence of communication technologies and integration of business applications," notes the analyst. "Others are exploring ways to ensure continuity of conferencing services in case of unforeseen disasters or emergency situations by adding back-up facilities and access points as well as introducing crisis management conferencing services." Get Full Details About This Report >> |
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