Have we reached peak video conferencing?
Zoom shares fell by 16% on Tuesday amid second-quarter results that missed revenue estimates. Growth slowed for Zoom as stay-at-home orders subsided and changes in post-pandemic buying patterns. This is to be expected from a company that benefited the most from being at home.
However, with growth stalling at one of the biggest video conferencing providers, we wonder whether we have reached the summit.
Not so fast; according to MarketsandMarkets, the video conferencing industry is set to grow by 19.7% year on year, reaching an estimated market value of $22.5 billion in 2026 (up from 9.2 billion in 2021).
So what next for video conferencing? Jabra outline two things that are front and centre: more sophisticated camera capabilities and enhanced security.
We covered Microsoft Aspire in our last bulletin where they announced a host of features coming to Teams. Regarding video meetings, they are focused on collaboration features. Excel Live allows you to work on an Excel spreadsheet on a video call and Annotation powered by Whiteboard for drawing and highlighting a shared presentation.
Intelligent cameras are also something Microsoft is also investing heavily in, as well as improving their audio with the use of AI and machine learning.
New features announced this week from Zoom include enhanced Whiteboard features (we can see a trend forming) and added additional captions languages to their meetings.
This month’s bulletin covers some facts, need-to-know info, future developments, a Tweet and a new Blackstar product launch for all those Teams users out there.
Let’s get into it.
CHOOSING THE RIGHT VIDEO ENDPOINTS
Video endpoints refer to hardware equipment that helps in conducting video-based communication sessions, be in meetings, webinars, conferences, or video-based customer support.
Find out how to choose the right video endpoints here.
VIDEO CONFERENCING: WHAT’S NEW AND NEXT IN THE WORLD OF HYRBID WORKING
Global unified audio and video experts Jabra on why enterprise should be laser-focused on ‘smart’ and ‘secure’.
As we all continue to adapt to dialling-in remotely to our daily workflows – video conferencing technology in particular is upping its game.
Less than 8% of the 90 million conference rooms around the world are currently video-enabled.
Source: Frost & Sullivan, March 2021; State of the Global Video Conferencing Devices Market, Forecast to 2025
OUR VIDEO SOLUTION PLATFORMS
Blackstar has partnered with two of the three in the ‘Leaders’ quadrant of the Gartner Magic Quadrant for video conferencing platforms.
These are Zoom and Microsoft Teams.
Contact us if you want to talk about your video conferencing, webinar or room options.
TRY BEFORE YOU BUY
There’s no better way to find out if you want to buy a product than testing it yourself.
We offer a “try before you buy” service so you can be 100% sure that Konftel is the right choice.
Once you are ready to purchase, you can buy the equipment outright or monthly.
Contact us to try Konftel
BRING YOUR OWN VIDEO
Allow your teams to use their own video solution, be it Teams, Zoom, StarLeaf, Webex, GoToMeeting, Slack, Google Hangouts, Skype for Business and more.
Video conferencing solutions from Konftel and Poly don’t tie you down to just one video conferencing supplier or UC platform.
NEW PRODUCT ALERT: CLOUD COMPLIANCE RECORDING FOR MICROSOFT TEAMS
If you’re one of the many organisations who must record their calls for compliance or legal reasons, your Teams’ meetings and conversations are no exception.
ClarifyGo integrates directly with the Teams’ tenant to record audio, video, and screen-sharing between colleagues and with external parties. Read more here.
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