North American Audio Conferencing Services Market By Frost & Sullivan

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North American Audio Conferencing Services Market By Frost & Sullivan

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North American Audio Conferencing Services Market By Frost & Sullivan

  1. 1. North American Audio Conferencing Services Market Frost & Sullivan Report Highlight
  2. 2. North American Audio Conferencing Services Market This study provides an in-depth analysis of the North American audio conferencing services market. The mature North American audio conferencing services market has now become the foundation of more complex unified communications and collaboration services offerings. As part of this analysis, Frost & Sullivan has identified market drivers, restraints, competitive issues, and growth patterns within the North American audio conferencing service market. Through extensive primary and secondary research, this analysis provides audio conferencing service providers with a detailed look at the dynamics of a mature, but evolving market.
  3. 3. Executive Summary The mature North American audio conferencing services market has now become the foundation of more complex unified communications and collaboration services offerings. Audio conferencing minutes consumption continues to grow driven by the rise of the virtual organization and the need for remote collaboration and increasing customer recognition of the cost savings that can be realized through the use of conferencing technologies. The market has been seeing increasing amalgamation and integration of audio conferencing solutions with web and video conferencing and other collaboration products. The notion of a “multimedia minute” has gained broad appeal as businesses increasingly use audio along with web and video tools. Going forward, it may not be feasible to continue tracking the individual conferencing services markets separately. Today, almost all audio conferencing service providers have brought the visual and collaborative component to their existing solutions either by partnering with third-party web and video conferencing providers or by offering the technology themselves. During the last three to four years, the integration of audio conferencing services with web and video conferencing solutions has helped to boost total audio conferencing minutes consumption while maintaining audio conferencing revenue erosion relatively low or flat. In spite of positive factors, the North American audio conferencing services market will continue to gradually shrink in terms of revenue as competition intensifies and prices come down. In terms of competition, the North American audio conferencing services market is still very dynamic with market participants launching new value-added features, deploying new transport infrastructure, engaging in mergers and acquisitions, and introducing new pricing models. Market saturation and declining revenues are forcing participants to take market share away from each other in order to grow.
  4. 4. About the Publisher Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, they have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? View This Report View More Reports from this Publisher
  5. 5. About Us MarketResearch.com provides market research solutions to business professionals seeking to enhance their business goals. We provide a number of business intelligence solutions, from individual market research reports from over 700 leading global publishers, to Knowledge Centers where clients can discover deeper business insight products into a topic over time. Or perhaps your business needs a much wider view across multiple industries and topics, if so, our Profound solution allows you to select specific parts (graphs, tables, charts or sections) from different market research reports. Our Account Managers have in-depth knowledge of the publishers and the various types of reports in their respective industries. They give you unbiased and qualitative insights on which reports will best meet your needs. If you are interested in expanding your business or growing your market share, contact us to get a free Consultation to Assess your Market Research Needs. We can help tailor a solution that suits your unique business goals. One of our Account Managers will get right back in touch with you.
  6. 6. For More on this Report and Additional Research Visit MarketResearch.com Or call 1-800-298-5699

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