Asian suppliers step into telepresence: Ovum

14.10.2009
The Asia Pacific is one of the regions experiencing strong growth from managed telepresence services over the next five years, according to Ovum, an analyst and consulting company.

"By 2014, the telepresence-based videoconferencing services market will be worth US$450 million globally, and the Asia Pacific could account for nearly 42 per cent of that," said David Molony, principal analyst at Ovum, based in London.

Ovum forecasts that revenues from suite-based video conferencing (including telepresence) are oustripping revenues for desktop video conferencing in the Asia Pacific and will be worth 53 per cent of total business video conferencing revenues of US$360 million in the region in 2012. Whereas in other regions like North America and Europe, price regression and competitive pressures will leave suites-based video at 14 per cent and 28 per cent of the market respectively.

Pointing at the phenomenon of vendors increasing their interest in the Asia Pacific, with Asian vendors also jumping on the video bandwagon in the last two years, he said: "This increased interest is due to the great potential in the Asian market, which not only boasts technology-savvy markets such as Japan and South Korea but has also seen pronounced growth in global enterprise relationships with China."

Molony is also the author of a newly published report 'Business Video 2010-14: Chasing Revenues in Managed Telepresence'.

Video conferencing solutions such as telepresence could ensure that these relationships can grow without the need for travel, said Ovum.