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UK Video Conferencing Market Development Report Press Release: UK Video Conferencing Market Development Report

 

Released: August 2006

After researching the UK video conferencing market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2002-2006:

The UK market for videoconferencing equipment and services has experienced strong growth of 39% between 2002 and 2005. Partial year data suggests a further increase of 7%, to take the market value to £216.6 million in the current year. Despite growth throughout the review period, the annual rate of growth has been reduced from 14% in 2002 to an estimated 7% in 2006.

Market Forecast 2007-2011:

MBD expect the videoconferencing market to continue to demonstrate real term growth during the forecast period, although annual rates of growth are projected to decline moderately from 7% in 2007 to 5% in 2011. The value of the market is anticipated to increase by 35% in real terms between the current year and 2011.

Note to Editors:

MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

Click here for full details of the UK Video Conferencing Market Research Report

 

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