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Study: $22B spending on videoconferencing, telepresence through 2016

March 16, 2012 | Hogan Keyser
March 15, 2012 by Jim O'Neill via FierceEnterpriseCommunications.com -- New research forecasts that videoconferencing and telepresence spending will reach a cumulative $22 billion in the next five years.

The research, from Infonetics, said fourth quarter sales globally were up 15 percent in the quarter sequentially to $882 million. The $882 million was a record for any quarter, the company said.

But, that growth was overshadowed by the full year's numbers. Infonetics said 2011 sales of videoconferencing and telepresence equipment was $2.99 billion, a 34 percent jump from 2010.

The market, said Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics, is being fueled by the proliferation of video-capable equipment, demographic and communication trends that favor video, industry use cases like tele-learning and tele-medicine, and most importantly, customer demand.

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