Dear Hsmith825,
>How large is the web conference market in 2004 and how large is it
forecast to be in 2009? <
In 2004 the web conference market was worth $765 million and is
forecasted to grow to over $2.5 billion by 2009.
Sources and links to information sources:
According to Gerry Kaufhold, principal analyst with market research
firm In-Stat/MDR: ?Global revenue from Web conferencing services
increased 70 percent?from $450 million to $765 million?between 2002
and 2004 and will reach $1.5 billion by 2007.?
Industry Trends: February 2005
http://csdl.computer.org/comp/mags/co/2005/02/r2014.pdf
Frost & Sullivan estimates that the worldwide market for Web
conferencing will reach $2.7 billion by 2009.
Infoworld: April 30, 2004
http://www.infoworld.com/article/04/04/30/18NNwebcon_1.html
Frost and Sullivan projects the Web conferencing market to grow to
over $2.5 billion by 2009.
Elluminate, Inc.: February 8, 2005
http://www.elluminate.com/press/nacol.jsp
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Additional information that might interest you:
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2001 Web Conference Market: $266 million
?The worldwide Web conferencing market generated $266 million in
revenue in 2001, according to Frost & Sullivan, and could reach as
much as $2 billion by 2008.?
http://isp-planet.com/research/2002/conferencing.html
2002 Web Conference Market: $415 million
2003 Web Conference Market: $600 million
2006 Web Conference Market: $2 billion
?Web conferencing is the fastest-growing segment of the collaboration
market, expanding by 44 percent in 2002 to $415 million. Spending will
total $600 million in 2003 and almost $2 billion by 2006, for a 47.2
percent compound annual growth rate.?
TIA's 2003 Telecommunications Market Review and Forecast
http://pulse.tiaonline.org/article.cfm?id=1022
2003 Web Conference Market: $544 million
2007 Web Conference Market: $2.2 billion
?Given the cost savings that Web conferencing can deliver, the market
is positioned to take off in the next few years, growing from $544
million in 2003 to $2.2 billion by 2007, predicts the Radicati Group,
a consulting and market research firm.?
PC Mag
http://www.pcmag.com/article2/0,1759,1419385,00.asp
How big is the market?
?The worldwide Web conferencing market stood at $266 million last
year, according to Frost & Sullivan, a marketing, consulting and
training company. With projected cumulative average growth rates of 35
percent over the next seven years, the Web conferencing market is
expected to reach $2 billion by 2008.
Overall revenues from Web conferencing applications will soar from
$513 million in 2002 to $1.15 billion in 2006, according to IDC's
latest statistics.
Likewise, Frost & Sullivan predicts Web conferencing revenues from
both products and services, will shoot up from $427 million in 2002 to
almost $2.2 billion in 2008.?
http://www.eyedletime.com/Mytalkback/TB2Info/marketoverview.htm
?IDC predicts that the conferencing-applications market will grow from
nearly US$600 million in revenue in 2003 to more than $1.1 billion in
2007.
Two of the biggest players in the Web-conferencing market are WebEx,
which has two thirds of the market share, and Microsoft (Nasdaq: MSFT)
, which purchased number two player PlaceWare. Another big player,
according to analysts, is RainDance, formerly Evoke Communications.
Capping the list of Web-conferencing giants is Netspoke.?
Source:
SPECIAL REPORT
Web Conferencing Comes of Age
By Jack M. Germain
www.EcommerceTimes.com
09/11/04
http://www.macnewsworld.com/story/36507.html
From Wainhouse Research:
?Wainhouse Research today announced availability of the company's
newest market research report, "Rich Media Conferencing Volume 3:
Audio, Video, & Web Conferencing Services," an in-depth study of rich
media conferencing application service providers supporting enterprise
conferencing applications.?
?According to the market study, the overall conferencing application
service provider (CSP) forecast results in industry revenues growing
from $2.9 billion in 2003 to $4.3 billion in 2008, producing a
compounded annual growth rate (CAGR) of 8%. Web conferencing is
forecast to grow at 19%, while the hosted video bridging business is
expected to decline at a compound rate of 12% over the forecast
period.?
Wainhouse Press Release: October 2004
http://www.wainhouse.com/prrmc04v3.html
Search strategy:
"web conferencing" billion 2004..2009
://www.google.com/search?sourceid=navclient&ie=UTF-8&rls=GGLD,GGLD:2005-07,GGLD:en&q=%22web+conferencing%22+billion+2004%2E%2E2009
I hope this is helpful!
Best regards,
Bobbie7 |
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