Enterprise video conferencing market to hit $5bn by 2015

Demand for network cables and related accessories could increase as companies invest more in enterprise video conferencing equipment in the years ahead.

According to a new report by Infonetics Research, revenue in the market for video conferencing and telepresence systems grew by 18 per cent last year to reach $2.2 billion (£1.37 billion) worldwide.

By 2015, the group expects this to have more than doubled to $5 billion, with multi-purpose room systems accounting for the majority of equipment being sold.

Immersive telepresence systems are expected to see the highest rates of growth in the video conferencing equipment market overall.

Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics, said: "Communicating via video continues to be one of the top trends in telecom, as evidenced by strong growth in the enterprise video market.

"Businesses worldwide are looking for richer means of communications with their employees, partners, and customers, and enterprise videoconferencing and telepresence solutions are a natural fit."

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Last Updated: 28/03/2011 17:28

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