Research and Markets: Visual Collaboration Gains Appeal as a Key Enabler for Improving Business Performance in European Videoconferencing Endpoints Market

Research and Markets (http://www.researchandmarkets.com/research/fa7b50/european_videoconf) has announced the addition of Frost & Sullivan's new report "European Videoconferencing Endpoints Market" to their offering.

This Frost & Sullivan research service titled European Videoconferencing Endpoints Market provides an analysis of challenges, drivers and restraints of the market, as well as an assessment of the overall revenues for 2009 and 2010, and unit forecast up to 2016.

Market Overview

Visual Collaboration Gains Appeal as a Key Enabler for Improving Business Performance in European Videoconferencing Endpoints Market

Limited travel budgets have compelled companies to seek new communications and collaboration tools. Due to the reduced number of regular in-person meetings, tools that enable companies to build and consolidate business relations while saving time and money - such as videoconferencing - are becoming key solutions. The need for companies to reduce their travel cost while maintaining communication with their workers and clients will drive the European videoconferencing endpoints market, notes the analyst of this research. Increasingly stringent environment policies imposed by the European Parliament will also promote market development.

Service providers and vendors are constantly trying to demonstrate the economic benefits of implementing a videoconferencing solution. The solution can help reduce or avoid many business-related expenditures, costs and daily burdens. Enterprises can avoid common travelling and accommodation expenses as well as lost productivity time. Moreover, videoconferencing can accelerate the decision-making process and enhance teamwork among an ever-more dispersed workforce. Educators can use videoconferencing as a convenient method for interactive access to classes, meetings and distance learning while physicians can leverage it to provide consultations and patient diagnostics, adds the analyst. Courts can deploy it to increase prison security and conduct video arrangements, while government offices can employ it to track daily strategic missions.

Technological Improvements Paralleled by Expanded Applications to Boost Adoption

The difficulty of attaching a hard-dollar ROI to the benefits of visual communications continues to prevent large-scale investments. In addition, the adoption of videoconferencing is largely dependent on the human element. The effort needed in changing established work behaviours and substituting live interaction with video communications remains a major restraint for adoption. The misconception that videoconferencing services are communication tools aimed at large enterprises is hindering its adoption among small and medium businesses (SMBs), remarks the analyst. Moreover, weak infrastructure and low bandwidth, especially in Central and Eastern Europe, are having an adverse effect on the videoconferencing endpoints market. Nevertheless, the pace of adoption in Europe will remain strong over the next few years, as the new generation of videoconferencing systems offer enhanced value proposition and demand levels continue to remain high. In the next few years, revenue growth will be mainly driven by an increased adoption of videoconferencing as part of unified communication (UC) solutions as well as the penetration of video in SMBs.

Key Topics Covered:

1. Introduction

2. Research Findings

3. Industry Challenges

4. Demand and Revenue Analysis

5. Market Analysis

6. Competitive Analysis

7. European Market Analysis

8. Conclusions

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