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Video conferencing usage and the need for this technology are surging in the marketplace. Significant growth is expected in this market segment. A recent Network World report indicated that the video conferencing market is expected to grow at a compound annual growth rate (CAGR) of 13.6 percent through 2016. Unit shipments are predicted to grow at a CAGR of 16.3 percent through 2016. A similar recent Gartner report shows an annual CAGR of 18.5% from 2010-2015. Whether you consider one resource or another, the growth projections are impressive and not to be ignored. This article will focus on the types of systems available in the Video Conferencing market and who the key competitors are. It will also provide observations based on recent straw polls taken from respective IT enterprise leaders.
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