Videoconferencing faces challenge to retain growth

Videoconferencing has enjoyed steady growth in a niche markets over the last decade, however, In-Stat/MDR says the technology will have to find additional ways to become a valued asset to the business user.

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By  Zoe Moleshead Published  April 7, 2003

Videoconferencing has enjoyed steady growth in a niche markets over the last decade, however, In-Stat/MDR says the technology will have to find additional ways to become a valued asset to the business user.

“The videoconferencing industry has just come through an amazing surge of growth, which lasted for about 24 months, but it has tapered off as the global economy has slowed,” Says Gerry Kaufhold, a principal analyst at In-Stat/MDR.

“To sustain growth in this type of economy videoconferencing needs to become a component that can be bolted on to more popular and widespread applications, such as unified messaging, web conferencing, electronic meetings and voice over IP (VoIP),” he adds.

Polycom, Tandberg and Sony are emerging as the market leaders in the videoconferencing sector, according to the research group. With Polycom demonstrating the widest range of products, Tandberg committed open systems and Sony integrating video capabilities into other features such as video editing and streaming media.

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