 "Huawei, ZTE To Shake Up Video Conferencing")
Video conferencing services developed by Huawei and ZTE will shake up the market in coming years in the same way the Chinese vendors changed the telecom gear sector, research firm Ovum said.
Ovum forecast that business spending on video conferencing would grow annually by 6 percent through 2016 when the global market would be worth $3.8 billion. But growth will be held back by falling prices and corporate usage shifting increasingly to workers’ desktops from dedicated conferencing hardware.
The video conferencing equipment market is dominated by established U.S. vendors Cisco and Polycom, but Ovum said Huawei Technologies and ZTE, both small players now, are set to have a major impact on the market in next two to four years. “We expect them to cause quite a lot of disruption,” Ovum analyst Richard Thurston said.
Huawei and ZTE together have built up a 30-percent share of the global mobile telecom gear in a few years through aggressive pricing which pushed vendors like Nortel and Motorola out of the business. Ovum said some parts of the videoconferencing market were set for much higher growth: 19 percent annually for high-end offerings such as telepresence rooms costing some $300,000 each and 11.5 percent for managed services.
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