Infonetics Sees Video Conferencing Market Rallying In 2013
Sales of video conferencing kit surged in late 2012, setting the stage for healthy market re-growth, says analysts Infonetics.
The global market watchers say that video conferencing and telepresence equipment saw a ten per cent rise in the fourth quarter of the year, building to $822m world-wide in the last three months of what started as a tough year.
That was a second consecutive quarter of double-digit growth and this bounce-back has convinced the firm that a very healthy six per cent compound annual growth rate is now locked in until 2017 at least.
The growth seems to be being fuelled in part by interest among corporates in PBX-based video end points, proving popular among enterprise buyers as it offers them a highly cost effective way to enjoy multimedia communication, but via use of infrastructure they already have in-house.
Meanwhile, multi-point control units have continued to show very positive numbers, adds Matthias Machowinski, directing analyst for enterprise networks and video at the organisation.
One vendor poised to continue to win larger share of the expanding global video conferencing market is LifeSize, the HD video communications arm of Logitech.
For more information about LifeSize, please click here.