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Video conferencing on the rise as businesses go in search of energy savings
Source: Vital Energi
- By: Envido ltd.New report claims the video conferencing industry will be worth £2.3bn by 2016, with large-scale telepresence at the front of this growth.
The video conferencing industry will be worth £2.3bn by 2016 as large enterprises and SMEs become more aware of the energy savings the technology provides, according to Ovum.
The analyst firm's Enterprise Business Video Forecast: 2011-16 estimated that the video conference industry will see compound growth of 5.79% every year to 2016, making it one of the fastest growing ICT markets in the world.
The use of large-scale telepresence deployments will be at the forefront of this growth, increasing nearly 20% in the next five years to make it a £0.66bn global market by 2016. The market in the UK will be worth...
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