Video Conferencing Software Cutting into Hardware Revenue


Story by Katherine Finnell

Video hardware revenues are expected to stagnate as video conferencing software grows in popularity. Vendors may be in trouble if they don’t adapt to a changing market.

Hardware-based video conferencing is going the way of the PBX as organizations increasingly opt for video conferencing software options.

According to a recent report from ABI Research, revenues for enterprise video conferencing infrastructure and endpoint hardware will stagnate through 2020 at a 2.1% compound annual growth rate.
The trend toward an increasingly virtualized video conferencing market has been accelerating the past few years, said Irwin Lazar, analyst and service director at Nemertes Research.

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