Thursday, November 17, 2011

Video conferencing will hit $1bn in 2016

Businesses are increasingly adopting enterprise-grade telepresence. The market will boom, with spending hitting $1.1bn in 2016, growing with a compound annual growth rate (CAGR) of 19.5% from 2011 to 2016, finds Ovum.

The explosive growth of the telepresence market means many companies new to the technology will soon be making large purchasing decisions. In a new report, the independent telecoms analysis firm explores the competitive dynamics within that telepresence market.

Source: Ovum.

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