Video conferencing market sees mixed results for first quarter

Video conferencing market sees mixed results for first quarter

The video conferencing market has seen mixed results for the first quarter of the year, according to figures.

Results gathered by the International Data Corporation (IDC) for its Worldwide Enterprise Videoconferencing and Telepresence Equipment QView, found that revenue for video conferencing equipment was down by 21 per cent quarter-over-quarter, but increasing 2.2 per cent year-over-year.  

Globally, the market for video equipment during the first quarter was recorded at just over $484 million (£312.17 million).

That number was down from the $613 million recorded during the same time last year, with the total number of units sold down by 16.4 per cent quarter-over-quarter, but increased 20.5 per cent year-over-year.

Rich Costello, senior analyst, Enterprise Communications Infrastructure, at IDC, said: "The video equipment market results continue to reflect the on-going market transition from a primarily hardware-based reporting model to one impacted by lower-cost endpoints and growing interest in more software-based solutions and cloud services.

"A first quarter highlight had room-based and personal videoconferencing systems showing year-over-year growth in both revenue and unit shipments."

Revenue for multi-codec telepresence equipment  ($18.7 million) was down 47.4 per cent quarter-over-quarter to $18.7 million, driving a 36.2 per cent year-over-year drop.

Room-based video conferencing systems also saw revenues fall by 14.8 per cent quarter-over-quarter, although it still saw increases of 9.9 per cent year-over-year.

In terms of regions, Europe, Middle East & Africa (EMEA) saw revenue fall by 13.9 per cent sequentially, but increase 2.2 per cent year-over-year.

That result comes in contrast to the market in North America, which saw revenue decrease 26.5 per cent quarter-over-quarter and 2.5 per cent year-over-year.