PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Web Conferencing Market Defies Economic Decline Finds Frost & Sullivan - Marking a departure from the current trend of struggle for survival in these challenging economic conditions, the Web conferencing software and services market is thriving on the demand from global 'borderless organisations'
Web Conferencing Market Defies Economic Decline Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2009/12/14 - Marking a departure from the current trend of struggle for survival in these challenging economic conditions, the Web conferencing software and services market is thriving on the demand from global 'borderless organisations'.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Office Automation/Conferencing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The market is benefiting hugely from businesses' austerity drive which includes enhanced collaboration and reduction in travel costs.

Revenues in Asia-Pacific rose 24.9 percent in 2008 and are expected to grow a further 26.3 percent this year, reaching a market size of US$123.1 million by end-2009. Growth of the sector, which includes hosted services/SaaS (software-as-a-service) and on-premise Web conferencing software, is expected to peak over the next two years, clocking growth rates of 27 percent in 2010 and 2011.

New analysis from Frost & Sullivan (conferencing.frost.com), Asia-Pacific Web Conferencing Software and Services Market, finds that the market - covering 13 Asia-Pac countries - earned revenues of US$97.4 million in 2008 and estimates this to reach US$391.8 million by end-2014, at a CAGR (compound annual growth rate) of 26.1 percent (2009-2014).

If you are interested in more information about this study, then send an email to Sarah Lourdes at sarah.lourdes[.]frost.com, with your full name, company name, title, telephone number, company email address, company website and country.

"Rising concerns about communicable diseases and carbon footprints have encouraged not only multinational enterprises with offices in Asia, but also local companies, both small and large, to invest in Web conferencing," says Frost & Sullivan industry analyst Pranabesh Nath.

"On-premise software has a strong following in Japan, China and South Korea, while SaaS solutions are favoured in Australia, India and Southeast Asian nations," he adds.

Owing to the wide range of customers, Web conferencing needs to evolve to address the challenges of both very large and small business users. This usually means providing a 'no-frills', first-rate and competitive service for small companies, and an integrated set of services that may comprise video, messaging, mobile integration, online Web meetings and audio conferencing integration.

"Companies that deploy Web conferencing expect simplicity, reliability and ease-of-use as the most important features," notes Nath. "Recently, however, integration with audio conferencing, high-quality webcam-based video and mobile connectivity are becoming increasingly important in Asia-Pacific."

Integration of the desktop with video, using a webcam, is an important feature for users in markets like China, Japan and South Korea, where local vendors adequately offer such solutions in addition to catering to local tastes and cultures. Such pure-play on-premise Web conferencing solutions have seen greater uptake in these markets compared to bundled solutions that integrate multiple collaboration applications such as messaging, presence and telephony.

However, for a growing section of the customers elsewhere in the region, the simplicity and ease-of-use of SaaS services provided by major global vendors such as Cisco-WebEx have proved to be a huge attraction, and this has led to the explosive growth of SaaS services in Asia-Pacific.

"For all its potential, the awareness about the benefits of Web conferencing among potential customers is still lacking. The prospects for the Web conferencing software and services market are vast, as the solutions are typically inexpensive for most companies and retail users," Nath says.

"Growth in some parts of the region however has been somewhat limited as key telecom providers have responded tepidly to offering Web conferencing as a value-added service, thus resulting in slower indirect sales for the vendors," he continues.

Nath believes that Web conferencing vendors will need to seamlessly integrate telecom providers and other channels into their sales strategy to boost adoption.

The Asia-Pacific Web Conferencing Software and Services Market study is part of the Conferencing & Collaboration Growth Partnership Service program, which also includes research in the following markets: telepresence, video conferencing endpoints, video conferencing infrastructure, audio and video conferencing services, enterprise social networks and online shared workspaces. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Office Automation/Conferencing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Office Automation/Conferencing articles,
CATCH Visitors via Your Competitors Announcements!


Web Conferencing Market Defies Economic Decline Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Sarah Lourdes 
+603.6207.1030 sarah.lourdes[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Office Automation/Conferencing via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Office Automation/Conferencing Most Recent Related Newswires:

AVI-SPL Acquires Anderson Audio Visual
Avaya Japan Partners with LINE on Contact Center Solution
Avaya Partners with China’s Tencent Cloud to Offer Cloud-Based Services to Enterprises
KDDI Evolva to Build Contact Center Platform on Avaya Breeze to Offer Cloud Services to Enterprises
RingCentral Hits Major Milestone with 100 U.S. Patents
RingCentral Connect Platform Achieves New Milestones with 1.6 Million API Requests Per Day and 300% Annual Increase in API Requests Overall
AVI-SPL Awarded Frost & Sullivan’s 2016 North American Managed Video Conferencing Services Company of the Year
AVI-SPL to Showcase Next Gen Collaboration Solutions at Gartner Symposium/ITxpo 2016
AVI-SPL Entrusted as Microsoft Cloud Solutions Provider, Simplifies Cloud Services for Organizations
Vidyo Expands Partnership with Computacenter to Deliver Universal Cloud-Based Video Communications to European Markets
Automated Voice & Data Solutions (AVDS) Partners with Vidyo to Offer Enhanced Video Interactions for Improved Customer Service
Santa Clara Unified School District Moves its Communications Infrastructure to the Cloud with RingCentral
Avaya Unveils Cloud Networking Platform to Simplify and Accelerate Deployment and Management of Networks
AVST Now Part of Arrow Systems Integration Monitoring Solution
Avaya Receives 2016 CUSTOMER Contact Center Technology Award

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)