Tight IT budgets, coupled with challenging economic environments in different world
regions, have driven the demand for huddle rooms and flexible spaces. In order to
accommodate enterprise needs in this new era, vendors are catering to business
expectations for greater audio conferencing endpoint functionality at low price points.
“With the proliferation of video in huddle rooms and large meeting spaces,
incorporating video in an enterprise collaboration bundle seems to be a logical
extension route for audio conferencing endpoint vendors like ClearOne,’ states Frost &
Sullivan unified communications and collaboration industry analyst Vaishno
Srinivasan. “Through its COLLABORATE® Pro series, ClearOne has embarked on a
journey to build a tightly integrated line-up of audio and video products coupled with
its Spontania® cloud video service offering.”
ClearOne’s successful entry in the audio-video collaboration space is built upon its
strong foundation in the installed audio conferencing market. Frost & Sullivan’s new
analysis, Global Audio Conferencing Endpoints Market, Forecast to 2021, finds that
ClearOne continues to lead the installed audio conferencing space with a market share
of 53.8% in 2016, backed by a wide variety of professional audio conferencing system
choices that are packed with advanced DSP algorithms. This installed audio market is
expected to gradually grow at a CAGR of 3.5 percent from 2016-2021, driven by the
launch of cost-effective installed audio systems from vendors like ClearOne.
“Leveraging our strong base in installed audio, ClearOne continues to strengthen its
video portfolio to effectively complement its audio business. By developing a
comprehensive and unified audio-video conferencing portfolio at affordable prices, as
compared to high-end room systems, ClearOne is able to offer enhanced value to its
customer base,’ asserted ClearOne President and CEO Zee Hakimoglu. “In fact, no
other company offers the range of conferencing and collaboration solutions that we do
across all platforms and for all vertical markets. It’s why now, more than ever,
ClearOne is the industry’s only complete one-stop source for integrators to turn to for
every installation requirement.’
Global Audio Conferencing Endpoints Market, Forecast to 2021 is part of the
Conferencing and Collaboration Growth Partnership Service Programme. Frost &
Sullivan’s related studies include North American Conferencing Services Markets,
Global Video Conferencing Endpoints and Infrastructure Markets, and Global Web
Conferencing Markets. All studies included in subscriptions provide detailed market
opportunities and industry trends evaluated following extensive interviews with
market participants.