(COMTEX) B: Videoconferencing Riding the Road to Multimedia Communica B: Videoconferencing Riding the Road to Multimedia Communications According to New Market Study TEMPE, ARIZ. (Oct. 13) BUSINESS WIRE -Oct. 13, 1998--Forward Concepts today announced availability of its newest market research report, "Teleconferencing Markets and Strategies: The Road to Multimedia Communications." The report, which is the firm's fourth annual teleconferencing study, is an in-depth analysis of the computer and communications technologies impacting the videoconferencing industry and the product directions being taken by desktop, group, and stand-alone system vendors. The study concludes the market is being shaped by four broad factors: price, performance, pipelines, and utility. The study also concludes that videoconferencing by itself is a strong market, but that wide-scale acceptance in the corporate world is tied to a more comprehensive view of multimedia communications--the integration of one-way and two-way, real-time and non-real-time communications across LAN and WAN networks. The report notes that many businesses today do not see videoconferencing as a "must have" capability; nor have consumers embraced the technology, despite plummeting prices and improved ease of use. Based on end-user and vendor surveys, the study predicts that the worldwide videoconferencing equipment industry will grow at an annual rate of over 25% to over $2.7 billion by the year 2002 and that this growth will be spurred by integrated solutions for conferencing, collaboration, caching, and broadcast streaming. The analysis in the report presents a whole new segmentation of the videoconferencing market, following a series of product and technology developments that have made obsolete previously defined categories. The 1998 study segments the overall market into three major equipment categories: personal and desktop systems, group systems, and networking infrastructure components. Desktop videoconferencing systems are products intended for personal use. The category includes PC-based and non-PC-based systems as well as videophones and other appliances that run across different H.320, H.323, and H.324 networks. The desktop is further divided into consumer and business segments. The study concludes that virtually all ISDN codecs will soon support multiple protocols, and that LAN-only desktop products will grow at a 138% rate and overtake ISDN products by the year 2001. Group videoconferencing systems (conference rooms and rollabouts) now occur in a variety of form factors, including compact systems, set-top boxes, rollabouts, and conference room systems. The group market is experiencing simultaneous growth and turmoil while at the same time it is embracing LAN technologies and protocols. The Forward Concepts study forecasts that the market for large room systems, small group systems, and ATM-based systems will grow from $785 million in 1998 to $1,107 million in 2002, but that the small group market will experience a very healthy 48.8% growth rate. Network components are increasingly important products that perform multipoint control, network-to network gateway connectivity, and gatekeeper bandwidth management functions. This multimedia network market is poised for strong growth as the videoconferencing industry shifts its focus to IP networks. The 1998 study forecasts network gear to grow at a 40.6% annual rate to $395 million in 2002, with ISDN MCUs being the largest segment, but IP MCUs and gatekeepers having the highest growth rates. The report also discusses the impact of the Internet and emerging broadband communications technologies on videoconferencing. Within three years, Forward Concepts expects a growing portion of the consumer market to be using two-way cable modems over HFC or xDSL modems over twisted pair copper as an IP videoconferencing pipeline. Forward Concepts is considered the premiere market research firm specializing in markets driven by digital signal processing (DSP) technology, and is also considered the top authority on videoconferencing markets and trends. "Teleconferencing Markets and Strategies: The Road to Multimedia Communications" is available immediately. The 450-page report with over 200 figures and 60 tables is $3,295 ($3,395 international) for the first copy and $500 ($550 international) for subsequent copies. A brochure is available from Forward Concepts, 1575 W. University Dr. #111, Tempe, AZ 85281, Tel: 602-968-3759, Fax: 602-968-7145, e-mail: dvc@fwdconcepts.com. Further details are available on-line at the company's web site: fwdconcepts.com. -0- HK/na* CONTACT: Forward Concepts, Tempe Will Strauss, 602/968-3759 wis@fwdconcepts.com or Forward Concepts Europe, Dusseldorf, Germany Cornelius Kellerhoff, +49/211-467-998 niels@fwdconcepts.com KEYWORD: ARIZONA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PUBLISHING INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |