A few years ago, video conferencing was something SMEs hesitated to invest in because of high initial investment and huge TCO. Also, high-quality video calls required sufficient bandwidth, special video conferencing rooms, and expensive technology. Therefore, only large enterprises could justify these costs by reducing their travel expenses for initial sales meetings and presentation to potential clients. The introduction of desktop video solutions and managed and hosted VCS have made VCS a viable technology for everyday meeting and offloaded the high installation hurdle.
Currently, organizations are not limited to VCS investments just based on travel avoidance. Most companies are adopting VCS to make it available to all their employees, with an easy guest access model for customers and partners to enrich collaboration and enhance business outcomes. VCS allow employees to share information in a more interactive way with other employees elsewhere through the Internet. VCS also allow employees to share virtual whiteboards, desktops, presentations, and spreadsheets, thereby improving communication between geographically scattered teams. Also, enterprises can improve their communication through the usage of new technologies such as recording capabilities and polling.
The analysts forecast global VCS market to grow at a CAGR of 9.5% over the period 2014-2019.
Covered in this Report
The global VCS market can be categorized into three segments; on premise VCS, managed VCS, and hosted VCS. This report provides the segmentation of the market based on the following: geography and end-user.
The report, Global VCS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and APAC and EMEA; it covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Other Prominent Vendors
- AT&T Connect Support
- Blue Jeans Network
- BT Conferencing
- Communique Conferencing
- Glance Networks
- HP Virtual Rooms
- Infinite Conferencing
- LifeSize Communications
- OnStream Media
- Orange Business Services
- Saba Software
- Mobile and Distributed Workforce
- Vendors Shifting toward Unified Communication
- Collaborative Workspaces
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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