Global Audio Conferencing Endpoints Market Forecast to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 20, 2018--The “Global Audio Conferencing Endpoints Market, Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
This research service attempts to identify key growth opportunities and explains how market participants should take action to capitalize on the opportunities available in the Tabletop (TDM, VoIP and USB endpoints) market and Installed audio conferencing endpoints market. This research service captures the market opportunity for the period 2018-2024 for each of the sub-segments listed above.
This research service includes audio conferencing endpoints such as analog, voice over Internet Protocol (VoIP), universal serial bus (USB) and installed audio conferencing endpoints; tabletop extension microphones sold by tabletop audio conferencing endpoint participants as part of tabletop conference phone implementation; and microphones sold by installed audio conferencing platform participants as part of an installed audio conferencing implementation.
The tabletop audio conferencing endpoint market grew by 7.8 percent in 2017, driven by sales across both VoIP and USB conferencing endpoints. The growing popularity of huddle spaces has led to increasing demand for tabletop audio conferencing endpoints. While factors such as rising millennial population, availability of a variety of low-priced USB endpoints and growing video adoption are stimulating the growth in the USB audio conferencing endpoint market, increasing confidence in the maturity and capabilities of VoIP is positively impacting the VoIP conference phone market. In addition, continued Integrated Services Digital Network (ISDN) decommissioning across Europe and the US is accelerating the transition to IP environments and boosting the uptake of VoIP conference phones.
On the other hand, the evolving meetings format from boardrooms to huddle rooms is significantly impacting demand for installed audio conferencing solutions. As meetings become shorter and more frequent, small-size huddle rooms are becoming more relevant to users. As a result, tabletop audio conferencing endpoints are better positioned to meet current needs than installed audio solutions. This phenomenon has restrained growth in the installed audio conferencing endpoint market.
Despite meetings shifting toward huddle rooms, there will continue to exist a demand for installed audio conferencing devices to satisfy sophisticated audio conferencing needs and to provide enhanced intelligibility in large meeting and training spaces. Highly intelligible and well-orchestrated audio output can be achieved via dedicated DSP equipment that runs algorithms for functions such as microphone tracking, acoustic echo cancellation, air handling, noise filtering, signal amplification, mixing, gating, and encoding/decoding. These features constitute the core capabilities of an installed DSP mixer, the role of which is often not matched by the DSP chipsets built into the tabletop audio conferencing endpoint. Therefore, the installed audio conferencing endpoint market is expected to recover in the short-term backed by new form-factors, enhanced capabilities, and varied price options.
Key Issues AddressedAddressable market opportunity for 1) tabletop - TDM, VoIP, USB and Installed audio conferencing endpoints Market leaders in tabletop and installed conferencing endpoint markets Growth/Spending patterns of enterprises across NA, EMEA, APAC, and Latin America Drivers and Restraints impacting the conferencing services market Growth Opportunities existing in tabletop and installed audio conferencing space
Key Topics Covered:
Scope and Market Definitions
State of the Market
Developments in the Audio Conferencing Endpoints Market
Drivers and Restraints
Forecast by Product Segment
Forecast by Region
Growth Opportunities and Companies to Action
Growth Opportunity 1 - Huddle Rooms
Growth Opportunity 2 - Video Collaboration Vision
Growth Opportunity 3 - All-in-One Devices Provide New Avenues for Growth
Growth Opportunity 4 - Central Management Software
Growth Opportunity 5 - Artificial Intelligence in Conferencing
Strategic Imperatives for Success and Growth
For more information about this report visit https://www.researchandmarkets.com/research/58kb7w/global_audio?w=4
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Related Topics:VoIP and Videoconferencing
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE AUDIO/VIDEO VOIP
SOURCE: Research and Markets
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PUB: 11/20/2018 10:40 AM/DISC: 11/20/2018 10:40 AM