Video conferencing market up 2% to $752 mn in Q2 2014: Infonetics

The enterprise video conferencing and telepresence market rose 2 percent to $752 million in Q2 2014, said Infonetics Research.

The report said endpoint shipments increased 66 percent to 4.4 million due to growth in software sales.

The dedicated system segment struggled due to pricing pressures and shift to lower-cost endpoints. However, the rate of decline is stabilizing.

enterprise videoconferencing market

PBX-based video conferencing increased 29 percent.

EMEA and Asia are the top-performing regions for videoconferencing equipment.

The worldwide enterprise telepresence and video conferencing market will grow to $3.3 billion in 2018, Infonetics Research.

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