Enterprises in EMEA Prefer Integrated Conferencing Solutions

Image

New analysis from Frost & Sullivan, EMEA Conferencing Services Market, finds that the EMEA market earned revenues of $1.9 billion in 2014 and estimates this to reach $2.6 billion by 2019.

The study covers audio, hosted web, hosted video and managed video conferencing services. The communications service providers that have a sizable presence across these segments in EMEA are Arkadin, BT Conferencing, Deutsche Telekom, InterCall, Interoute, Orange Business, PGi and Telefonica.

"Hosted/cloud video conferencing services that enable interoperability across endpoints appeal to a broader user base in EMEA owing to the rise in complexity and number of devices on networks," said Frost & Sullivan Digital Transformation Practice Research Director Adrian Drozd. "Feature-rich solutions that support mobility and the bring-your-own-device trend are also popular among customers in these regions."

Among the various market segments, audio conferencing services are experiencing low growth due to price compression and user migration to bundled packages. The gradual transition to Internet protocol (IP)-based conferencing, owing to the proliferation of IP private branch exchange (IP PBX), is also dampening the need for audio conferencing services in EMEA.

"As the lines between video-centric and content-centric Web conferencing solutions that include video continue to blur, the revenues of both segments will take a hit," noted Frost & Sullivan Digital Transformation Practice Senior Director Ashwin Iyer. "Higher sales volumes of IP-based audio conferencing solutions as well as hosted and managed video conferencing services will, nevertheless, promote revenue growth in the market."
Market penetration is the highest in the United Kingdom, France, Benelux and the Nordic countries due to increasing business-to-business and business-to-customer collaboration. Over the forecast period, Northern Europe is likely to see more demand for hosted video conferencing services, while Southern Europe experiences greater interest in managed video conferencing services.

To find out more about this report, click HERE.

Share this page:

In this section

CGE Warns About Dangers of Derivatives

The Certified Gold Exchange is warning investors about the correlation between computerised trading of gold derivatives investments and the value of physical gold.

READ MORE →

Barclays W&IM Triples Asian Structured Products Business

The wealth and investment management division of Barclays has seen tremendous traction in its Asian structured products business, with volumes tripling from 2010. Asia now accounts for 50% of structured products sales in the private bank globally.

READ MORE →

Sasol Completes $4 Billion Credit Facility for its Global Ethane Cracker and Derivatives Complex

International energy and chemical company announced the completion of a US$4 billion credit facility for its ethane cracker and derivatives at its existing site in Lake Charles, Louisiana.

READ MORE →

Manufacturing Growth Going Steady

Activity in the manufacturing sector remained broadly steady in March, according to the CBI's latest Industrial Trends Survey.

READ MORE →

UK Businesses Not Sufficiently Prepared for Future Workforce Challenges

UK businesses are not planning how to manage and deploy human capital, according to a poll conducted by Corporate Research Forum, in conjunction with KPMG. Strategic Workforce Planning (SWP) includes taking actions to acquire, retain, develop, motivate and deploy human capital. Increasingly since the financial crisis, SWP has been utilised by businesses looking to improve performance and manage future challenges. However, this research indicates that there is substantial room for improvement.

READ MORE →

Mobile Learning Market Worth $37.60 Billion by 2020

According to a new market research report "Mobile Learning Market by Solution (Mobile Content Authoring, E-books, Portable LMS, Mobile and Video-based Courseware, Interactive Assessments, Content Development, M-Enablement), by Applications, by User Type, & by Region - Global Forecast to 2020", published by MarketsandMarkets, Mobile Learning Market to grow from $7.98 Billion in 2015 to $37.60 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 36.3%.

READ MORE →

News Stand

View more → Sign up to receive new issues →