Businesses are seeking communication tools that are convenient, cost-effective and aid collaboration. This has led to a high demand for video conferencing solutions, according to Research and Markets.
In fact, Transparency Market Research states the market for video conferencing will expand at a CAGR of 9.36% during the period 2014-2020, and be worth $6.40 billion in just five years.
A key player in this space is Logitech, the provider of personal computer and tablet accessories. The vendor has a line of video conferencing solutions designed to help businesses boost productivity and embrace instant collaboration.