|[November 05, 2012]
Research and Markets: Global Web Conferencing Market 2011-2015 with Cisco Systems Inc., Citrix Systems Inc. and Microsoft Corp Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/rthk74/global_web)
has announced the addition of the "Global
Web Conferencing Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Web Conferencing market to grow
at a CAGR of 18.2 percent over the period 2011-2015. One of the key
factors contributing to this market growth is the increasing need for
information sharing among organizations. The Global Web Conferencing
market has also been witnessing increasing mergers and acquisitions.
However, interoperability issues could pose a challeng to the growth of
The other vendors included in the report are IBM Corp., Adobe Systems (News - Alert)
Inc., and AT&T Inc.
Commenting on the report, an analyst from TechNavio's Telecom team said:
''The Global Web Conferencing market is witnessing an increasing
adoption of web conferencing solutions by small and medium-sized
businesses (SMBs). The SaaS (News - Alert)-based web conferencing model is gaining
popularity among SMBs. Therefore, vendors are re-evaluating their
product pricing to gain the maximum market share. In addition, vendors
are developing local language support to cater to SMBs in certain
countries where English is not the major language. Therefore, it will
become mandatory for vendors to provide support in local languages if
they want to increase their market share in this growing market in the
According to the report, as a result of the increasing scope in business
and increasing advantages of globalization, enterprises are expanding
their businesses globally. This increases the demand for international
communication facilities for information sharing.
Further, the report discusses that one of the major challenges is
interoperability because the compatibility of an existing system with a
new system is always a concern for end-users.
For more information visit http://www.researchandmarkets.com/research/rthk74/global_web
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