Analysts: Videoconferencing Market Booming
Latest figures released from analysts at Infonetics Research indicate a resurgence for the enterprise video conferencing and telepresence market.
Sales in the second quarter of 2013 reached a total of $735 million, a 6 per cent increase over the previous quarter and an 8 per cent increase compared to the same period last year.
“After a tumultuous 2012 that saw growth in the video conferencing market screech to a halt, sales returned to year-over-year growth in the second quarter of 2013,” said Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics.
These findings differ slightly from those released in August by IDC, in part due to businesses shifting some of their focus to software-based offerings which often aren’t included in these measurements. However, Petr Jirovsky, a senior research analyst at IDC assures that video remains “a key component of collaboration and continues to place high on the list of priorities for many organisations”.
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