Video Conferencing Market to Reach $11.9 Billion by 2010, According to New Report by Global Industry Analysts, Inc.

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Telepresence and Holography / Holograms - November 2008

Editor’s viewpoint on their differences, likenesses and future...

We all just recently viewed an historic CNN holographic interview on an historic Election Night. CNN stated this type of imaging has never been done before on National TV and I believe that. I haven’t seen anything like it. The live interview caught me by surprise and sure had the “wow” factor attached to it didn’t it? Here’s a link to the actual interview.

CNN Hologram Video

The question now has to be asked. Is it Telepresence?

I’m no expert on the subject but I’m going to throw my hat into the ring, go out on a limb and say yes, I believe it is. Although I know many video conferencing purists are rolling their eyes and grabbing their guns right about now with my statement.

While I do know that Telepresence still hasn’t been universally defined (Houston, we have a problem), here’s how I see it…. Broken down to its simplest form - “tele” (through electronic means) and “presence” (present). This is how I’m justifying my opinion by lumping holography and Telepresence together. Just as Telepresence is surely an offshoot of video conferencing, holographic imaging (like we viewed on CNN) surely has to be considered an offshoot of Telepresence. The interviewer was “telepresent” from Chicago and beamed into the CNN Election Headquarters. She was most assuredly - “telepresent”. There was negligible latency, the imaging was fantastic and both interviewers were rehearsed on what they would say. I’ve just recently read that CNN actually “downgraded” the experience to make it “movie” quality and not as good as it could have been. Maybe they thought us mere mortals would be shocked if they showed their complete hand. I have a feeling it was so big to them, they didn’t want it to get upstaged by the historic election. I’m willing to bet we’ll see the “true” power of this technology in the upcoming weeks and months when they can put the pedal to the medal and show it off without having it sidetracked.

What an amazing time for this technology (all differences and opinions aside). Telepresence Doctors, nurses, teachers, schools and healthcare (healthpresence) will benefit from the recent gains in this state-of-the-art industry whether holograms, Telepresence or holography. Airlines also have to see the threat to a portion of their business travel. Hell, who wants go through security and fly to Miami for a two-hour conference when you can look them in the eye via Telepresence?

Beam me up Scotty! Simply amazing…!

Visit the free Telepresence Forum for more information and discussion

Your Editor and Administrator - L II
"Ride on the Next Plane of Existence" TM

San Jose, California (PRWEB) July 18, 2007 -- Over the years, video conferencing has evolved into a cutting-edge technology facilitating real-time, in-person, and face-to-face conversation. In the present scenario, the technology has successfully entered the lexicon of modern communication mix. With technological advancements, video conferencing has reached 3G mobile applications arena including streaming, instant messaging, scheduling, and others.

Video conferencing is offered on two underlying networks - Integrated Services Digital Network (ISDN) and Internet Protocol (IP). Improved flexibility, seamless integration with other applications, enhanced reliability, and lower cost of networks are propelling the industry to adopt video conferencing based on IP networks. Key factors influencing growth include lower costs, high picture quality, clarity in audio, uninterrupted connections, and reduced transmission delays. Use of 3G networks for mobile video conferencing is also a key driver of market growth.

United States is the largest market worldwide, worth an estimated US$4 billion in 2007. Europe is the second largest regional market followed by Asia at third position. Europe and the US together account for close to 75 percent of the global video conferencing (www.strategyr.com/MCP-1062.asp) market. The global and regional markets are expected to grow at CAGRs ranging between 6% and 14%. Video conferencing services (www.strategyr.com/MCP-1062.asp) represent the largest market segment with revenues estimated at US$6.7 billion in 2007. IP video conferencing systems is expected to be worth US$1.2 billion by 2010 while IP Services (www.strategyr.com/MCP-1062.asp), one of the fastest growing market segments, is projected to reach US$8.3 billion by 2010.

The global marketplace is characterized by the presence of major telecom companies as well as systems and service providers. The three-tier market structure includes participants such as AT&T, Avaya, Emblaze-VCON, Genesys Conferencing Inc, Global Crossing Limited, Alcatel-Lucent, Polycom, Inc, Sony Electronics, Inc, Sprint Nextel Corporation, TANDBERG ASA, Verizon Business, VTEL Corp, Wire One Communications, Inc and others. Several regional players operate in the US and European services market.

"Video Conferencing: A Global Strategic Business Report" provides a comprehensive review of market trends, challenges, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East. Analytics are provided in terms of product/technology segments including video conferencing systems (IP & ISDN), and video conferencing services (IP, ISDN & Others).

For more details about this research report, please visit www.strategyr.com/MCP-1062.asp.

About Global Industry Analysts, Inc.:

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.

Telephone 408-528-9966

Fax 408-528-9977

Web Site www.StrategyR.com

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To learn more about Telepresence, the revolutionary new style of immersive video conferencing; visit these websites:

Telepresence - "Ride on the Next Plane of Existence" - Telepresence
Telepresence Web Portal - Telepresence Internet web portal
Telepresence Report - 24/7 breaking Telepresence related news and information
Via Telepresence - Video conferencing via Telepresence
Telepresence Forum - Free user discussion forum for everything Telepresence related
Telepresence Today - Telepresence information and editor qualified headline news
Telepresence Resource Directory - Telepresence web resource directory
Telepresence Tube - Telepresence videos, pictures and more