Skip to main content

Videoconference and Telepresence Market Upside


Results from the latest market study by International Data Corporation (IDC) showed a strong fourth quarter of 2011 (4Q11), with videoconferencing revenue growing 19.0 percent quarter over quarter and 24.6 percent year over year to reach $807.9 million.

Specifically, the single-codec telepresence segment of the market grew 38.7 percent year over year to $444.1 million and now accounts for 55.0 percent of the total market.

For the full year 2011, total enterprise videoconferencing market revenue reached $2.7 billion -- that's an increase of 20.5 percent over the full year 2010.

This compares favorably versus the 16.6 percent growth we saw in 2010 over 2009, further pointing to an accelerated adoption of video in the enterprise.

"Growth has been spurred on by more well-defined video use cases among organizations across a range of vertical market segments, including healthcare, higher education, financial services, legal, law enforcement, manufacturing, and retail," said Rich Costello, senior analyst, Enterprise Communications Infrastructure, at IDC.

IDC also expects growth over the next several years to be bolstered by the impact of video integrated with vendor unified communications and collaboration portfolios, and increasing video usage among small work groups, desktop users, and mobile device users.

Highlights from the IDC market study include:
  • Video infrastructure equipment (MCUs, gateways, video network servers and appliances, etc.) grew to $215.1 million in 4Q11, up 18.4 percent quarter over quarter and 18.8 percent year over year, to finish the full year 2011 at $716.3 million, a 22.5 percent improvement over 2010.
  • Immersive telepresence revenue for the full year 2011 reached over $314.8 million in 2011, a 21.6 percent decrease over 2010 -- evidence of the continuing trend of video pushing down market.

There is little doubt about the success videoconferencing and telepresence have had over the past few years, fueled by strong revenue and shipment growth rates and the increasing popularity of video among enterprises.

According to IDC's assessment, the videoconferencing and telepresence market will continue to be one of the fastest growing networking markets for the foreseeable future.

Popular posts from this blog

Virtual Reality Market Set to Reach $100 Billion

Virtual Reality (VR) market growth is now finally coming to fruition. Thanks to current actions and market momentum, VR is approaching what can be considered critical mass. And, not a moment too soon. This growth momentum comes from new hardware and content releases, accelerating enterprise value recognition, and a significant metaverse wild card that could potentially lift adoption and usage. According to the latest worldwide market study by ABI Research, over 85 million VR Head Mounted Displays (HMDs) will be shipped in 2027 across consumer and enterprise segments, creating a $100 billion VR market that includes hardware, software, and services. Virtual Reality Market Development "Expectations have been high in VR for years, and even decades, without notable growth to show. That growth is finally coming over the next five years," said Eric Abbruzzese, research director at ABI Research . The barrier to entry is lower than ever, all while content performance and user experien
Read more

Human Resource Transformation Enabled by IT

Many senior executives are taking a proactive approach to digital business transformation in order to achieve their strategic goals. Delivering revenue growth and profitability is now imperative for every function, including Human Resources (HR). The top 3 priority HR technologies this year are skills management, learning experience platforms, and internal talent marketplaces, according to the latest worldwide market study by Gartner. "With a tumultuous global economy, HR technology leaders face a balancing act in 2023," said Sam Grinter, director at Gartner . "Leaders must anticipate greater levels of accountability and demand for measurable outcomes to justify new technology investments." HR Transformation Market Development Forty-four percent of HR leaders report driving better business outcomes is their number one strategic priority for HR technology transformation over the next three years. Growth in headcount and skills (26 percent) and cost optimization (17 p
Read more

How Savvy Pioneers Lead the Future of Work

Hybrid and fully remote work are inevitable in the Global Networked Economy where high-performance talent demands flexibility from employers. To enable these progressive work models, organizations are investing in a wide range of technologies to support more agile types of employment.  According to the latest worldwide market study by International Data Corporation (IDC), leading organizations will spend nearly $1 billion on the Future of Work (FoW) in 2023 -- that's an increase of 18.8 percent over 2022. Future of Work Market Development "Work models continue to evolve, but 37 percent of decision-makers in a recent global survey note that Remote and Hybrid work models will be an embedded part of accepted work practices, supported by a continued shift to the cloud, increasingly instrumented and interconnected physical workplaces, and intelligent digital workspaces," said Holly Muscolino, group vice president at IDC . According to the IDC assessment, organizations must mak
Read more