SOURCE: Wainhouse Research
February 26, 2008 06:00 ET
Videoconferencing Industry Closes Blockbuster Year
DUXBURY, MA--(Marketwire - February 26, 2008) - Wainhouse Research has published its quarterly
Videoconferencing SpotCheck Report with some intriguing findings. The
videoconferencing industry closed 2007 with record numbers of unit
shipments and revenues. According to the Q4-2007 report, room
videoconferencing shipments crossed the 200,000 unit level for the first
time, reaching 212,630 systems. This is a 29.7% increase over the figures
for 2006. Revenues surpassed the billion dollar mark, to hit $1.14B, a 39%
increase over 2006. Telepresence systems added an additional $40M to the
overall room video market in Q4 alone and, coming off a small base, are
growing at an even faster clip.
"Not only is the industry growing," states Managing Partner Andrew W.
Davis, "but the growth rate itself is accelerating. We are experiencing a
hyper-growth situation, since the long term rate for the industry is close
to 9%. Such strong growth is being driven by several factors, including
increasing attention on the part of enterprises to cut travel costs, reduce
carbon footprint, and work better with partners and customers around the
globe. In addition, the attention focused on video and unified
communications solutions by enterprise heavyweights such as Cisco, HP, and
Microsoft has helped all the traditional videoconferencing vendors."
Videoconferencing SpotCheck is a quarterly statistical report published by
Wainhouse Research that details the videoconferencing endpoint and
infrastructure market, with breakdowns by product type and geographical
region. The report also details individual vendors' market shares. For
additional details contact firstname.lastname@example.org.
About Wainhouse Research
Wainhouse Research (http://www.wainhouse.com) provides strategic guidance
and insight on products & services for Real-Time Unified Communications.
The global client base includes established and new technology suppliers
and service providers as well as enterprise users of voice, video,
streaming, distance education, and web collaboration solutions.