Investment Priorities for the Workplace and Video Conferencing

TelecomInvestment Priorities for the Workplace and Video Conferencing

Highlights from Frost & Sullivan s Surveys of Business Leaders and IT Decision-makers

RELEASE DATE
17-Oct-2024
REGION
Global
Deliverable Type
Customer Research
Research Code: KA93-01-00-00-00
SKU: TE_2024_1062
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$4,950.00
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SKU
TE_2024_1062

Investment Priorities for the Workplace and Video Conferencing
Published on: 17-Oct-2024 | SKU: TE_2024_1062

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As employee presence in offices surges to its highest level in more than four years, companies are realigning their workspace and technology investments amid a new landscape. The workplace is becoming more flexible, technologically advanced, and environmentally conscious while also being flexible to accommodate potential policy shifts.

Frost & Sullivan’s research team analyzes emerging work practices and technologies that address the new future of work. This workplace trends report summarizes the state of hybrid work, its impact on office space and meeting rooms, and the overall implications for the adoption of AI and video conferencing based on key ITDM survey findings. This report is complemented by additional ITDM survey reports published by Frost & Sullivan in 2024.

The pace of structural changes impacting the workplace and adoption of collaboration technologies–from shifts in hybrid work to advances in AI and sustainability targets–is accelerating. In the context of the workplace, three converging trends are reshaping the future of workplace and collaboration technology adoption:
•     Focus on customer and employee experience
•     Office modernization and reimagined workspaces
•     AI-driven technology transformation
These trends herald significant shifts in technologies that will be adopted to create the flexible and modern workplace.

Frost & Sullivan’s 2024 information technology decision-maker (ITDM) surveys provide insights into end-user organizations’ UCC investment priorities. This analysis specifically presents findings related to workplace and video conferencing and is complemented by additional survey-based reports on unified communications-as-a-service (UCaaS), communications platform-as-a-service (CPaaS), frontline solutions, and various verticals.
In addition, this report also presents results related to AI and sustainability from a 2024 survey of ITDMs on cloud, IoT, AI, immersive, and metaverse technologies.

Author: Roopam Jain

Research Objectives

Research Methodology

Introduction

Key Findings

Key Findings (continued)

Key Findings (continued)

Key Findings (continued)

Emergence of the Experiential Workplace

Hybrid Work Stabilization

Office Space Continues to Evolve

C-suite Influence Remains High While the Influence of Line-of-Business Heads is Growing

A Strong Focus on ESG and Sustainability

Key Approaches to Sustainability

Enterprise AI Deployments Move Beyond Proof-of-Concept Stage

Improving Operational Efficiency is a Key Driver for AI Investments

Data Concerns and Ability to Assess ROI are Key Challenges

AI Deployments Across Business Functions

Importance of AI Features in Communications and Collaboration Tools

Increasing Investments in Communications and Collaboration Tools

Primary Drivers for Investments in Communications and Collaboration Solutions

Customers Show a Strong Preference for a Single Stack: Phone, Chat, and Meetings on a Unified Platform

Current State of Technology Consolidation

Future Plans for Technology Consolidation

Ongoing Meeting Room Modernization Feeds Into Greater Video Adoption

Video Conferencing and Group Chat are Table Stakes

Migration to Cloud Video Conferencing

Use of Video in Contact Centers and by Frontline Workers

Current Video Device Adoption

Investment Plans for Video Devices Among Current Adopters

Technologies Used in Meeting Rooms

Top Selection Criteria for Room Video Conferencing Devices

Key Capabilities for Room Video Conferencing Devices

Respondent Demographics

Respondent Demographics (continued)

Respondent Demographics (continued)

Respondent Demographics (continued)

Respondent Demographics

Respondent Demographics (continued)

Respondent Demographics (continued)

Growth Opportunities Fuel the Growth Pipeline Engine™

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • Percent of Desk Workers Working Remotely, Global, 2024–2026
  • Shifting Office Strategies, Global, 2023 and 2024
  • Roles Driving the Adoption of New Technology Solutions, Global, 2024
  • Importance of ESG and Sustainability Practices to Achieving Business Goals, Global, 2024
  • Approaches to Achieving Sustainability Goals, Global, 2024
  • Current State of AI Deployment, Global, 2024
  • Drivers of AI Implementation, Global, 2024
  • AI Deployment Challenges, Global, 2024
  • Current AI Deployments by Business Functions, Global, 2024
  • Importance of AI-powered Features in Communications and Collaboration Tools, Global, 2024
  • Communications and Collaboration Upgrade and Investment Plans, Global, 2024
  • Drivers for Investments in Communications and Collaboration Tools, Global, 2024
  • Importance of a Fully Integrated UCaaS Solution, Global 2023–2024
  • Number of Collaboration Solutions/Providers Used Today, Global, 2024
  • Planned Changes in Collaboration Solutions/Providers, Global, 2026
  • Changes in Office Strategies, Global, 2024
  • UCC Solution Adoption Status, Global, 2024
  • Primary Deployment Model for Video Conferencing, Global, 2024
  • Video Chat, Video Teller/Kiosk Use for Contact Center, Global, 2024
  • Video Use by Frontline Workers, Global, 2024
  • Current Adoption Status of Communication Devices, Global, 2024
  • Device Investment Plans Among Current Adopters, Global, 2024–2026
  • Technologies Currently Used in Meeting Rooms, Global, 2024
  • Top Three Factors for Room Video Conferencing Device Purchase, Global, 2024
  • Importance of Key Capabilities/Features For Room-based Video Conferencing Devices, Global, 2024
  • Respondents by Region, Global, 2024
  • Respondents by Country, Global, 2024
  • Respondents by Industry Sector, Global, 2024
  • Respondents by Size of Organization, Global, 2024
  • Respondents by Department, Global, 2024
  • Respondents by Age, Global, 2024
  • Respondents by Position, Total, Global, 2024
  • Respondents by C-level Position, Global, 2024
  • Respondents by Country, Global, 2024
  • Respondents by Industry Sector, Global, 2024
  • Respondents by Size of Organization, Global, 2024
  • Respondents by Department, Global, 2024
  • Respondents by Position, Total, Global, 2024
  • Respondents by C-level Position, Global, 2024
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As employee presence in offices surges to its highest level in more than four years, companies are realigning their workspace and technology investments amid a new landscape. The workplace is becoming more flexible, technologically advanced, and environmentally conscious while also being flexible to accommodate potential policy shifts. Frost & Sullivan s research team analyzes emerging work practices and technologies that address the new future of work. This workplace trends report summarizes the state of hybrid work, its impact on office space and meeting rooms, and the overall implications for the adoption of AI and video conferencing based on key ITDM survey findings. This report is complemented by additional ITDM survey reports published by Frost & Sullivan in 2024. The pace of structural changes impacting the workplace and adoption of collaboration technologies from shifts in hybrid work to advances in AI and sustainability targets is accelerating. In the context of the workplace, three converging trends are reshaping the future of workplace and collaboration technology adoption: Focus on customer and employee experience Office modernization and reimagined workspaces AI-driven technology transformation These trends herald significant shifts in technologies that will be adopted to create the flexible and modern workplace. Frost & Sullivan s 2024 information technology decision-maker (ITDM) surveys provide insights into end-user organizations UCC investment priorities. This analysis specifically presents findings related to workplace and video conferencing and is complemented by additional survey-based reports on unified communications-as-a-service (UCaaS), communications platform-as-a-service (CPaaS), frontline solutions, and various verticals. In addition, this report also presents results related to AI and sustainability from a 2024 survey of ITDMs on cloud, IoT, AI, immersive, and metaverse technologies. Author: Roopam Jain
More Information
Deliverable Type Customer Research
Author Roopam Jain
Industries Telecom
No Index No
Is Prebook No
Keyword 1 Workplace Tech Investments
Keyword 2 Video Conferencing Trends
Keyword 3 Digital Workplace
List of Charts and Figures Percent of Desk Workers Working Remotely, Global, 2024–2026~ Shifting Office Strategies, Global, 2023 and 2024~ Roles Driving the Adoption of New Technology Solutions, Global, 2024~ Importance of ESG and Sustainability Practices to Achieving Business Goals, Global, 2024~ Approaches to Achieving Sustainability Goals, Global, 2024~ Current State of AI Deployment, Global, 2024~ Drivers of AI Implementation, Global, 2024~ AI Deployment Challenges, Global, 2024~ Current AI Deployments by Business Functions, Global, 2024~ Importance of AI-powered Features in Communications and Collaboration Tools, Global, 2024~ Communications and Collaboration Upgrade and Investment Plans, Global, 2024~ Drivers for Investments in Communications and Collaboration Tools, Global, 2024~ Importance of a Fully Integrated UCaaS Solution, Global 2023–2024~ Number of Collaboration Solutions/Providers Used Today, Global, 2024~ Planned Changes in Collaboration Solutions/Providers, Global, 2026~ Changes in Office Strategies, Global, 2024~ UCC Solution Adoption Status, Global, 2024~ Primary Deployment Model for Video Conferencing, Global, 2024~ Video Chat, Video Teller/Kiosk Use for Contact Center, Global, 2024~ Video Use by Frontline Workers, Global, 2024~ Current Adoption Status of Communication Devices, Global, 2024~ Device Investment Plans Among Current Adopters, Global, 2024–2026~ Technologies Currently Used in Meeting Rooms, Global, 2024~ Top Three Factors for Room Video Conferencing Device Purchase, Global, 2024~ Importance of Key Capabilities/Features For Room-based Video Conferencing Devices, Global, 2024~ Respondents by Region, Global, 2024~ Respondents by Country, Global, 2024~ Respondents by Industry Sector, Global, 2024~ Respondents by Size of Organization, Global, 2024~ Respondents by Department, Global, 2024~ Respondents by Age, Global, 2024~ Respondents by Position, Total, Global, 2024~ Respondents by C-level Position, Global, 2024~ Respondents by Country, Global, 2024~ Respondents by Industry Sector, Global, 2024~ Respondents by Size of Organization, Global, 2024~ Respondents by Department, Global, 2024~ Respondents by Position, Total, Global, 2024~ Respondents by C-level Position, Global, 2024~
Podcast No
Predecessor K8E1-01-00-00-00
WIP Number KA93-01-00-00-00