Report: Explosive Growth for Telepresence

by VoipPlanet.com Staff

Despite cost of sophisticated "immersive" videoconferencing systems, Frost & Sullivan finds enterprises in Asia-Pacific are adopting them as an alternative to travel.

Singapore, March 15, 2010—Large businesses are increasingly turning to video as an alternative to travel when budgets are strapped - among the gainers are telepresence solutions. Revenues for ready-built telepresence suites in Asia-Pacific grew an estimated 71.1 percent in 2009 (up from 46.6 percent in 2008).

For 2010, Frost & Sullivan expects a growth of 64.4 percent, with revenues of just over US$73.0 million by year-end. Weaker growth is expected thereafter.

Click the following link to read the full report summary: Telepresence growth peaks in 2009-10, Frost & Sullivan predicts

This article was originally published on Tuesday Mar 16th 2010