The global enterprise videoconferencing market grew by 20.6 per cent year-on-year to a total value of $2.7 billion in 2011, according to the latest International Data Corporation (IDC) report.
The Enterprise Videoconferencing and Telepresence 2012-2016 report forecast that growth would be pretty much sustained at a level of 19 per cent this year. That would mean total revenue for 2012 in the order of $3.2 billion.
Rich Costello, senior research analyst at IDC, commented: "Growth in worldwide enterprise videoconferencing and telepresence in 2011 was spurred on by well-defined video use cases across a variety of vertical market business segments, as well as the continuing decrease of cultural barriers to video acceptance within organizations."
IDC also noted that the total worldwide enterprise video equipment market saw similar growth last year, with a 22.4% boost meaning a total revenue of $716 million. That market includes the revenue from MCUs, gateways, video network servers and appliances.
Costello concluded: "IDC expects strong overall revenue growth in the worldwide enterprise videoconferencing market over the next five years, bolstered by a significant impact from integrations with unified communications and collaboration applications, small workgroups, and desktop and mobile collaboration devices, as video continues to push downmarket in the enterprise."