Source: Ovum
As per below text, Huawei & ZTE will be entering the market. In this part of the world the video conferencing or tele presence yet to take in a big way. Perhaps due to the geographical distance or the cultural reasons we don't see many people going for video conferences. Does Huawei/ZTE entrance in to the market will change this scenario? I don't think so. The impact in APAC would be minimum as Asians tend to prefer face-to-face meetings and build rapport over lunch/dinner rather than business meetings. Also the investment and mtce is not cheap. If we really want to reduce the costs down then there are options like Skype or SIP based video conference solutions.
HELSINKI, May 5 (Reuters) - Video conferencing services developed by Huawei and ZTE will shake up the market in coming years in the same way the Chinese vendors changed the telecom gear sector, research firm Ovum said on Thursday.
Ovum forecast that business spending on video conferencing would grow annually by 6 percent through 2016 when the global market would be worth $3.8 billion.
The video conferencing equipment market is dominated by established U.S. vendors Cisco <CSCO.O> and Polycom <PLCM.O>, but Ovum said Huawei Technologies [HWT.UL] and ZTE <000063.SZ>, both small players now, are set to have a major impact on the market in the next two to four years.
"We expect them to cause quite a lot of disruption," Ovum analyst Richard Thurston said.
Huawei and ZTE together have built up a 30-percent share of the global mobile telecom gear market in a few years through aggressive pricing that pushed vendors such as Nortel and Motorola out of the business.
Ovum said some parts of the videoconferencing market were set for much higher growth: 19 percent annually for high-end offerings such as telepresence rooms costing about $300,000 each and 11.5 percent for managed services.
As per below text, Huawei & ZTE will be entering the market. In this part of the world the video conferencing or tele presence yet to take in a big way. Perhaps due to the geographical distance or the cultural reasons we don't see many people going for video conferences. Does Huawei/ZTE entrance in to the market will change this scenario? I don't think so. The impact in APAC would be minimum as Asians tend to prefer face-to-face meetings and build rapport over lunch/dinner rather than business meetings. Also the investment and mtce is not cheap. If we really want to reduce the costs down then there are options like Skype or SIP based video conference solutions.
HELSINKI, May 5 (Reuters) - Video conferencing services developed by Huawei and ZTE will shake up the market in coming years in the same way the Chinese vendors changed the telecom gear sector, research firm Ovum said on Thursday.
Ovum forecast that business spending on video conferencing would grow annually by 6 percent through 2016 when the global market would be worth $3.8 billion.
The video conferencing equipment market is dominated by established U.S. vendors Cisco <CSCO.O> and Polycom <PLCM.O>, but Ovum said Huawei Technologies [HWT.UL] and ZTE <000063.SZ>, both small players now, are set to have a major impact on the market in the next two to four years.
"We expect them to cause quite a lot of disruption," Ovum analyst Richard Thurston said.
Huawei and ZTE together have built up a 30-percent share of the global mobile telecom gear market in a few years through aggressive pricing that pushed vendors such as Nortel and Motorola out of the business.
Ovum said some parts of the videoconferencing market were set for much higher growth: 19 percent annually for high-end offerings such as telepresence rooms costing about $300,000 each and 11.5 percent for managed services.
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