Infonetics Research releases excerpts from its 2Q13 Enterprise Telepresence and Video Conferencing Equipment report, which tracks dedicated and PBX-based video conferencing and telepresence infrastructure and endpoints: there’s now evidence the videoconferencing market is bouncing back.
“After a tumultuous 2012 that saw growth in the video conferencing market screech to a halt, sales returned to year-over-year growth in the second quarter of 2013,” notes Matthias Machowinski, directing analyst for enterprise networks and video at Infonetics Research.
“While the long-term fundamentals look positive and will eventually drive renewed revenue growth, weakness in public sector spending and the move to lower-cost video solutions hamper a more robust recovery this year,” Machowinski still cautions.
Other highlights:
- The global enterprise video conferencing and telepresence market totaled $735 million in 2Q13, up 6% from the previous quarter, and up 8% from the year-ago 2nd quarter
- PBX-based video system revenue doubled in 2Q13 from 2Q12, as businesses sought cost-effective ways to deploy multimedia communication
- Dedicated systems, meanwhile, continue to struggle
- North America is growing again on a year-over-year basis, pointing to a turnaround
- Results in EMEA over the past few quarters have been encouraging, and Infonetics believes the region could be a top performer in 2013 despite ongoing economic issues
- Vendor results were mixed in 2Q13: market leader Cisco’s revenue declined marginally, while #2 Polycom’s was up slightly
Go Infonetics