Cisco is leading a host of new entries into videoconferencing now that decent broadband permits good quality images and costs are dropping to affordable levels. This also comes at a difficult economic time when business is trying to cut travel costs. Preliminary TechCast data show 30% of all communications are likely to include videoconferencing about 2014, producing a market of $450 billion in the U.S. and almost 2 trillion worldwide. Our experts give this forecast high confidence of 72%, so it looks promising.
See our Videoconferencing forecast for more details.
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