India Telepresence market to reach $40 mn by 2012

by Dave

Increasingly, competitors to airlines will be videoconferencing equipment providers
Business Standard report

The audio and video conferencing market in India which has undergone a paradigm shift with the emergence of telepresence as a business solution for real time communication, is expected to grow at a CAGR of 53 per cent to reach $40 million by 2010.

According to a survey conducted by consulting firm Zinnov Management Consulting, the market for telepresence in India is pegged as $7.2 million at present. Improvement in broadband infrastructure, increase in travel cost, going green initiatives and globalisation are some of the key factors that would led to this growth, the report said.