Deerfield Beach, FL -- (SBWIRE) -- 07/31/2015 -- Video Conferencing Market - Global Opportunity, Trends, Forecast 2015-2019

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.

The analysts forecast global VCS market to grow at a CAGR of 9.5% over the period 2014-2019.

The video conferencing services market is segmented according to services, end-users, and geography

The report analyzes the solutions and products offered by market vendors. It presents a comprehensive breakdown of the market segmentation for different services, including on-premises video conferencing services, managed video conferencing services, and hosted video conferencing services.

Additionally, analysts have segmented the market according to geography, including the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific).

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.

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"Companies are upgrading workstations to improve collaboration between local and global teams, which requires services that can facilitate real-time communication at all times. As a result, enterprises are switching from isolated web meetings to video conferencing services via computers and mobile phones,".

Video conferencing services: Market scope and calculation of market size

This report covers the present scenario and growth prospects of the global video conferencing services market from 2015-2019. To calculate the market size, the report considers the revenue generated by video conferencing service providers.

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.

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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Key Regions

Americas
APAC
EMEA

Industry analysis includes:

Key Vendors:

Avaya Inc.
Cisco Systems Inc.
Microsoft Corp.
ZTE Corp.
Polycom Inc.