SOURCE: Wainhouse Research

February 26, 2008 06:00 ET

Videoconferencing Industry Closes Blockbuster Year

DUXBURY, MA--(Marketwire - February 26, 2008) - Wainhouse Research has published its quarterly Videoconferencing SpotCheck Report with some intriguing findings. The videoconferencing industry closed 2007 with record numbers of unit shipments and revenues. According to the Q4-2007 report, room videoconferencing shipments crossed the 200,000 unit level for the first time, reaching 212,630 systems. This is a 29.7% increase over the figures for 2006. Revenues surpassed the billion dollar mark, to hit $1.14B, a 39% increase over 2006. Telepresence systems added an additional $40M to the overall room video market in Q4 alone and, coming off a small base, are growing at an even faster clip.

"Not only is the industry growing," states Managing Partner Andrew W. Davis, "but the growth rate itself is accelerating. We are experiencing a hyper-growth situation, since the long term rate for the industry is close to 9%. Such strong growth is being driven by several factors, including increasing attention on the part of enterprises to cut travel costs, reduce carbon footprint, and work better with partners and customers around the globe. In addition, the attention focused on video and unified communications solutions by enterprise heavyweights such as Cisco, HP, and Microsoft has helped all the traditional videoconferencing vendors."

Videoconferencing SpotCheck is a quarterly statistical report published by Wainhouse Research that details the videoconferencing endpoint and infrastructure market, with breakdowns by product type and geographical region. The report also details individual vendors' market shares. For additional details contact sfargo@wainhouse.com.

About Wainhouse Research

Wainhouse Research (http://www.wainhouse.com) provides strategic guidance and insight on products & services for Real-Time Unified Communications. The global client base includes established and new technology suppliers and service providers as well as enterprise users of voice, video, streaming, distance education, and web collaboration solutions.