![]() ![]() the continuous refresh of its entire IP hardware and software communications endpoints portfolio.the delivery of high-quality, superior-design, and feature-rich endpoints. ![]() Key tenets of the company’s successful implementation strategy include: ![]() Personal video communications devices in particular, including USB conference cams, are expected to experience a CAGR of 55.8% in revenues and 100.6% in unit shipments from 2020 to 2025.Īmong the strongest enterprise communications and collaboration brands in the world, Cisco also owns the largest installed base of IP hardware and software communications endpoints in the communications industry with over 100 million IP endpoints shipped to more than 200,000 customers worldwide, including 95% penetration in Fortune 500 companies. The unit CAGR is forecasted at 44.4% with steep adoption coming from a new generation of video devices that will power remote work and refreshed meeting rooms. The 5-year revenue compound annual growth rate (CAGR 2020-2025) is 22.9% with the total market reaching $7.71 billion in 2025. Whereas users had limited choice of video conferencing devices until relatively recently, today a growing array of device types and flexible deployment models are allowing effective use of video conferencing at home, at the office, and on the go. The market is seeing an unprecedented pace of innovation with proliferating device form factors and functionality. Growth in 2020 was primarily driven by adoption among remote workers in general, and new business models in healthcare, education, and other sectors. The $2.75 billion global video conferencing devices market represents a considerable growth opportunity driven by the long-term, sustainable demand for video meetings to connect geographically distributed workers and teams. The analyst then uses the collaboration solution over a period of time and provides candid feedback based on his/her user experience with the specified tool.Ībout the Video Conferencing Device Market Frost & Sullivan’s Analyst Gauntlet is a structured program wherein participating vendors and service providers give Frost & Sullivan Connected Work industry analysts deep dives and demonstrations of their collaboration solution. ![]()
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