San Francisco, California, June 23, 2017: Waning high definition endpoints, technological advancements, and infrastructure developments are likely to act as the prime factors behind the growth of the global telepresence and video conferencing market, states TMR Research in a research report. The report is titled, “Telepresence and Videoconferencing Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.”
Various large and small business employ video conferencing and telepresence systems for conducting virtual meetings with partners, employees, and customers located at far off locations. It further enables effective communication among people who are located in various parts of the world, thus eliminating the need for travelling. Though video conferencing and telepresence are employed interchangeably, the two technologies deliver diverse capacities. Nevertheless, the implied goal of these techniques is to create a one-to-one environment or a replicated boardroom, but each of them employs a different approach altogether for meeting their objectives.
Video conferencing permits transmission of on-screen text, video, and audio. Sophisticated and high-end video conferencing solutions that aid the transmission of high-quality audio and full motion videos across several locations and platforms. Video conferencing delivers add-on whistles and bells owing to which subscribers receive a broad range of installation options. Telepresence technologies, on the other hand, present a comparatively simpler version of the much elaborated function that the technology of video conferencing offers. These tools also permit calls to be arranged and implemented by third parties, thus making the process hassle-free for participants.
By businesses that are budget-conscious, telepresence is not considered as a preferable option. Thus, they prefer video conferencing in that case. Though telepresence tools deliver functional advantages, their price is very high in comparison to the products of video conferencing. This particular trend is anticipated to continue in the near future. Thus, it becomes really important to make the careful negotiation of what is needed, the inexpensive service of video conferencing or the distinguished technology of telepresence.
Video conferencing tools also provide passable functionality at comparatively lower costs, thus companies are constantly increasing employment of these tools. This is considered to be an emerging trend as video conferencing is expected to surface as a sustainable and viable tool. Some of the prominent features of telepresence and video conferencing are cloud based and room based video conferencing, immersive telepresence, video multiple control unit or MCU, and personal video conferencing. The technological fundamentals of video conferencing and telepresnece are infrastructure equipment, multi-codec, telepresence endpoints, and single-coded HD/SD.
Region-wise, North America is expected to emerge as the leading region closely trailed Asia Pacific, Europe, and the Middle East in the exact order. The top drawer companies in the market are Vidyo Inc., TelePresence Tech, Polycon Inc., Cisco Systems Inc., Teliris Inc., Radvision Ltd., LifeSize Communications, and Avistar Communications.