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Focus on Huddle Rooms Continues to Render Growth Opportunities for Tabletop Audio Conferencing Endpoints
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The tabletop audio conferencing endpoint market grew by 7.8 percent in 2017, driven by sales across both VoIP and USB conferencing endpoints. The growing popularity of huddle spaces has led to increasing demand for tabletop audio conferencing endpoints. While factors such as rising millennial population, availability of a variety of low-priced USB endpoints and growing video adoption are stimulating the growth in the USB audio conferencing endpoint market, increasing confidence in the maturity and capabilities of VoIP is positively impacting the VoIP conference phone market. In addition, continued Integrated Services Digital Network (ISDN) decommissioning across Europe and the US is accelerating the transition to IP environments and boosting the uptake of VoIP conference phones.On the other hand, the evolving meetings format from boardrooms to huddle rooms is significantly impacting demand for installed audio conferencing solutions. As meetings become shorter and more frequent, small-size huddle rooms are becoming more relevant to users. As a result, tabletop audio conferencing endpoints are better positioned to meet current needs than installed audio solutions. This phenomenon has restrained growth in the installed audio conferencing endpoint market. Despite meetings shifting toward huddle rooms, there will continue to exist a demand for installed audio conferencing devices to satisfy sophisticated audio conferencing needs and to provide enhanced intelligibility in large meeting and training spaces. Highly intelligible and well-orchestrated audio output can be achieved via dedicated DSP equipment that runs algorithms for functions such as microphone tracking, acoustic echo cancellation, air handling, noise filtering, signal amplification, mixing, gating, and encoding/decoding. These features constitute the core capabilities of an installed DSP mixer, the role of which is often not matched by the DSP chipsets built into the tabletop audio conferencing endpoint. Therefore, the installed audio conferencing endpoint market is expected to recover in the short-term backed by new form-factors, enhanced capabilities, and varied price options.
This research service attempts to identify key growth opportunities and explains how market participants should action to capitalize on the opportunities available in the Tabletop (TDM, VoIP and USB endpoints) market and Installed audio conferencing endpoints market. This research service captures the market opportunity for the period 2018-2024 for each of the sub-segments listed above.
This research service includes audio conferencing endpoints such as analog, voice over Internet Protocol (VoIP), universal serial bus (USB) and installed audio conferencing endpoints; tabletop extension microphones sold by tabletop audio conferencing endpoint participants as part of tabletop conference phone implementation; and microphones sold by installed audio conferencing platform participants as part of an installed audio conferencing implementation. It does not include video digital signal processors (DSP); video-capable huddle- room peripherals such as Logitech Group that are offered as an audio and USB video-camera pair and require a separate conferencing client. This type of endpoints is covered in our “Growth Opportunities in the Video Conferencing Market” research study, and microphones sold by independent commercial microphone vendors that do not sell installed audio conferencing systems.
Key Issues Addressed
Author: Vaishno Devi Srinivasan
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