March 31, 2006

The future of IP Audio Conferencing

According to Frost & Sullivan, the World Audio Conferencing bridge systems market clocked revenues of $182.8 million in 2005. Estimates say the market will reach $320.3 million in 2011.

However, Frost & Sullivan Research Analyst  say that as IP telephony gets into more businesses, and as conferencing and collaboration tools converge, the independent market for audio conferencing bridge systems will rise simultaneously. Analysts point out that it will be 2-way process. Audio conferencing bridge systems companies must be aware about the reach and potential of IP Telephony.  Thus, they will be able to customize their offerings.

Via Yahoo Finance

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