Web Conferencing Resources

Asian Pacific Video Conference and Collaboration Market Shows Huge Potential for Growth

August 14, 2008 – 2:42 am

In a recently released study by Wainhouse Research. Findings indicates that there is a huge opportunity exists for the audio/ video conferencing and web conferencing markets. For the Asia Pacific region, 6% of the minute volume and 8% of the revenue from those services has been achieved for audio conferencing which indicates that the emerging market has plenty of room for growth.

The Wainhouse Research study reviewed six local markets including existing usage by county, local employment data by title, and current telecommunication company penetration rates. Local markets profiled include Australia & New Zealand, Japan, China, Southeast Asia’s group of countries, India, and Korea. While each local market has varying degrees of market penetration, overall region data for the reviewed areas were as follows:

• 1.4B employed labor force, of which 84M would be addressable for collaboration & video conferencing service use
• 76.5B audio conferencing minute opportunity versus a forecasted 4.3B minutes for 2008
• $6B audio conferencing revenue opportunity
• $1.3B web conferencing revenue opportunity
• $53M video bridging services opportunity
• China & India hold the most opportunity, but each of the six markets profiled typically exceed an opportunity for over 1B more audio conferencing minutes than forecast for 2008

The study details opportunity by country for audio conferencing revenue and minutes, web conferencing revenue, and video bridging revenue. For each of the countrys that were profiled, the study shows the comparable minutes and revenue to the 2008 forecast.