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Research and Markets: Global Telepresence Equipment Market 2010-2014 Discusses the Current and Future Landscape of This Market

Mar 07, 2013


Source: Business Wire, U.S.A. Research and Markets

TechNavio's analysts forecast the Global Telepresence Equipment market to grow at a CAGR of 25.3 percent over the period 2010-2014. One of the key factors contributing to this market growth is the improved face to face communication delivered by Telepresence solutions. The Global Telepresence Equipment market has also been witnessing the integration of telepresence with video conferencing. However, interoperability issues with telepresence solutions could pose a challenge to the growth of this market.

TechNavio's report, the Global Telepresence Equipment Market 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Telepresence Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Cisco Systems, Polycom, Huawei Technologies, and LifeSize Communications.

Commenting on the report, an analyst from TechNavio's Telecom team said, Telepresence allows enterprises to conduct virtual meetings with participants by making them feel that they are in the same room. Telepresence also allows enterprises to conduct both internal and external communications, employee-client. Such meetings help companies achieve higher client satisfaction and faster decision making between main offices and offices located in remote areas. Interoperability issues in Telepresence solutions is a major challenge for the Global Telepresence Equipment market.

TechNavio's report highlights that Telepresence helps enterprises effectively reach out to their workforce in remote areas. Telepresence solutions provide an immersive collaboration experience where remote participants experience superior voice and visual clarity. This technology uses HD video and audio that provides face-to-face communication ability overcoming communication challenges such as distance and time.

Key findings from the report:
-- High Return on Investment
-- Cultural Issues in Adopting Telepresence Solutions
-- Integration of Telepresence with Video Conferencing