Videoconferencing Moving At WARP Speed Onto Information Superhighway
Received: November 13, 1996 07:01pm EST From: Business Wire
BW0296 NOV 13,1996 14:37 PACIFIC 17:37 EASTERN
( BW)(FROST-&-SULLIVAN-14) Videoconferencing Moving At Warp
Speed Onto Information Superhighway
Business Editors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 13, 1996--No one
knows how many onramps will ultimately access the information
superhighway, but videoconferencing is on a fast track to defining
where its market is headed and how its users can get there.
Forces driving the demand for visual communication are easy to
understand: businesses are creating affiliates and subsidiaries
around the world. Corporations can't afford to send executives
globe-trotting -- not when it's cheaper to telecommute to the Pacific
Rim from a desktop computer than hop on a plane. And, there's no jet
lag.
The strategic importance of this emerging market is detailed in a
new study by Frost & Sullivan, U.S. VIDEOCONFERENCING SYSTEMS AND
SERVICES MARKETS.
The industry is so young that those who might use the complex
technology are just now realizing the benefit of two- way audio and
video signals. Some educational, scientific and medical centers have
been reaching out to students and colleagues in remote areas, but the
potential for videoconferencing is largely untapped.
Frost & Sullivan analysts predict market revenues will leap from
$2.9 billion in 1995 to almost $35 billion by 2002 -- a staggering
compound annual growth rate of 42.3 percent.
And that's in spite of a host of competitive pricing factors too
numerous to mention in detail here. Suffice it to say that new
companies producing new technologies, combined with benefits from the
passage of the 1996 Telecommunications Act, will drive down prices
for videoconferencing users.
This research by Frost & Sullivan details in length how and why
some videoconferencing systems and services companies stand to gain
market shares. Its analysis provides significant strategic insight
into the direction and velocity of this dynamic young market;
companies purchasing this report receive recommendations for
strategic action, as well as a reliable source of continuing research
by an international consulting firm dedicated to defining market
problems, needs and opportunities.
Companies included in this study are: 1-800-Video-on, AC&E, Ltd.,
Access Conference Call Services, Accord Video Telecommunications,
Inc., ACT Videoconferencing, Inc., ADC Video Systems, Affinity
VideoNet, Inc., Alpha Systems Lab, Ameritech Enhanced Business
Services (Illinois), Ameritech Indiana, Ameritech Michigan, Ameritech
Ohio, Ameritech Wisconsin, Andries Tek, Inc., Apple Computer, Inc.,
Applied Communication Concepts, Inc., AT&T Corp., Avistar Systems,
BBN Corp., Bell Atlantic-Delaware, Bell Atlantic-Maryland, Bell
Atlantic-New Jersey, Bell Atlantic-Pennsylvania, Bell Atlantic-
Virginia, Bell Atlantic-Washington D.C., Bell Atlantic-West Virginia,
BellSouth Enterprises, BellSouth Telecommunications, British Telecom
Visual Images, Inc., Coherent Communications Systems Corp.,
Compression Labs, Inc. (CLI), Compunetix Communications Systems
Division, ConferView, Connectix Corp., Connexus, Corel Systems Corp.,
Creative Labs, Inc., Creative Software Technologies , DataPoint
Corp., DynoVision, Inc., The Electronic Studio, EyeTel
Communications, Fiber & Wireless, Inc., Fujitsu Business
Communication Systems, Future Communication Systems, Inc., GPT Video
Systems/Executone, Grass Valley Group, GTE Corp., Hewlett-Packard
Co., Hitachi Denshi America, Ltd., IBM Corp., ImageLink, Inc.,
Imaging Business Systems, Incite, Innovative Communication, Inc.
(ICI), InSoft, Inc., Intel Corp., Interactive Conferencing
Network/ICN, InterOffice Management, Inc., Intrepid Videoconference
Systems Division, InView, ITC, Kinko's, Link-VTC, Inc., LiveWorks,
Inc., Mentec, Inc., The Metropolitan Interactive Video
Network/MIVNET, Mitsubishi Electronics America, Inc. Information
Technologies Group/Visual Telecom, Mosaic Information Technologies,
MRA Associates, Inc., MultiLink, Inc., NEC America, networkMCI
Conferencing, Nevada Bell Telephone Co., Northern Telecom, Ltd.,
NYNEX New England Telephone, NYNEX New York, Pacific Bell Telephone
Co., Panasonic Broadcast & Television Systems Co., Paradise Software,
Inc., Peregrine Systems, Inc., PictureTel Corp., Proximity Video
Conferencing, Pyramid Video, Inc., Robotel Electronique, Inc., RSI
Systems, Inc., RTZ Software, SAGEM, SBC Communications, Siemens Rolm,
Silicon Graphics, Inc., Sony Corp., Specom Technologies Corp., Sprint
Corp., Sun Microsystems, Target Technologies, Uni-Data and
Communications, Inc., U S WEST, Inc., VCON, Inc., VIC Hi-Tech Corp.,
Video Conferencing and Communications, Inc., Videoconferencing
Systems, Inc. (VSI), VideoServer, Inc., Viewpoint Systems, Inc.,
VistaCom, Inc., Vivo Software, Inc., VTel Corp., Westin Hotels &
Resorts, WilTel, Xerox Corp., and Zydacron, Inc.
Frost & Sullivan is an international marketing consulting company
that monitors the videoconferencing industry for market trends,
market measurements, and strategies. This ongoing research is
utilized to update a series of research publications and to support
industry participants with customized consulting needs. Free
executive summaries of all Frost & Sullivan reports are available to
the press.
Report: 2675-64 Publication Date: July 1996 Price: $2,495
--30--ahc/sf
CONTACT: Frost & Sullivan
Kimberly Barney, 415/961-9000 ext. 233 (California)
415/961-5042 fax
kbarney frost.com
frost.com
or
Kristina Menzefricke, 44.171.730.3438 (London)
44.171.730.3343 (fax)
or
Stefan Gerhardt, 49.69.235057 (Frankfurt)
49.69.234566
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET
REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
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