Audio Conferencing Services Market - PowerPoint PPT Presentation

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Audio Conferencing Services Market


When the economic recession of 2008 took place organizations around the world started looking at reducing costs. One of the main areas to cut down costs was in business travel. Companies would spend a considerable amount in paying for air travel for their employees to attend meetings or conferences around the world. Following this, meetings were held online. This gave rise to audio conferencing services providers who were able to bring in a number of solutions for enterprises to capitalize on. For example, services such as hosting multiple individuals from around the world on a single call became a standard business offering. Service providers then started at looking at coupling multiple services for enterprises. Online collaboration services in conjunction with audio conferencing services was just one of the bundled products which service providers were offering. – PowerPoint PPT presentation

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Title: Audio Conferencing Services Market

A Glimpse of What Lies Ahead for the Audio
Conferencing Services Market Forecast(2018 -
North America Dominate with Strongest Growth in
the Audio Conferencing Services Market The Audio
Conferencing Services Market is all quite
positive, which put CAGR from 2018-2021 on the
end point space at 3.5 percent.. The North
America Market has gained 44 of highest amount
of share of the space. The North American
communications and collaboration market, is
experiencing increase competition from variety of
players. During the next years of the forecast
period, North American cloud communications and
collaboration services will continue to evolve,
and presently they are working to provide value
beyond the functionality as the key
Selected Regulatory Analysis Done in the Full
The market transition to Internet Protocol (IP)
has ignited the convergence of audio, data, and
video convergence into an integrated solution.
The Audio Conferencing can be segmented based on
technology types and countries. The technology
types segment is sub-segmented on phone based
enabling and web based VoIP enabling technology.
The technology has lots of benefits such as lower
cost, mobility, reliability, highly security,
easy accessibility. Overseas participants,
simplicity, are responsible for an increased
uptake of audio conferencing.
Selected Driving Factors Mentioned in the Full
  • The massive availability and collaborative
    services has resulted in a substantial expansion
    of the number of meetings,that drives the growth
    of A/V technologies endpoints.
  • The Silvan innovation Labs has launched a
    revolutionary IoT based Conference Room
    Automation system known as Silvan BOARD. The
    technology adds multiple components into a
    conference room, communicates with existing,
    installed devices and provides a modest interface
    to operate different modes of operations.
  • To deliver high quality audio conferencing
    devices capable to function in the larger dynamic
    spaces was a major challenge for the networking
    and device building companies.

Key Players of the Audio Conferencing Services
  • 8x8
  • Aastra Technologies
  • Alcatel-Lucent
  • Avaya
  • roadSoft
  • Cisco
  • Configure
  • Corex
  • CSC
  • Damovo
  • Dell

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