Video Conferencing Market in 2012 Is an “Aberration” – Infonetics Says
Infonetics Research released a report assessing the performance of the video conferencing market in 2012 and the future of the enterprise video sector. What is labeled by Channelnomics’ Doug Woodburn as a horrible year for video conferencing is deemed an “aberration” by an analyst from Infonetics Research. The market for video conferencing is expected to be “gearing up for comeback.”
“We view 2012 as an aberration, and see long-term interest by enterprises to deploy video communications, helping the market to sustain a six per cent CAGR (compound annual growth rate) through 2017,” remarked Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics Research.
Machowinski also noted that sales of PBX-based video endpoints were crucial in keeping the enterprise video conferencing market afloat. Last year, sales for PBX-based videos had more than doubled. “PBX-based video is proving popular because it offers organizations a cost-effective way to enjoy multimedia communication using infrastructure they already have,” Machowinski explained.
Revenue for the video conferencing sector took a dip during the first two quarters of 2012. And for the entirety of 2012, the only region in the world that showed an increase in sales was the Asia-Pacific, which registered an 11 percent growth in sales. Except for multipoint control units, revenue for almost all dedicated video conferencing systems plunged last year.
However, Infonetics Research sees promise in the years ahead. In the fourth quarter, video conferencing and telepresence sales sequentially soared 10 percent to $822 million. In Infonetics’ Enterprise Telepresence and Video Conferencing Equipment report, 2012 was also marked by an increase of 47 percent in the shipments of PBX-based video endpoints.
Moreover, the Infonetics report showed that Cisco and Polycom continued to be the top players in the market for dedicated video conferencing equipment.
The report also highlighted the myriad of factors that shape what’s ahead of enterprise video. According to Infonetics Research, the factors that influence the future of enterprise video include the developments in and explosion of video-related technology like HD video, communication and demographic trends, and emerging systems such as telelearning and telemedicine. (KOM) Link. Link.