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European Collaboration Services Market
forecast to hit $1 Billion in 5 years
forecast to hit $1 Billion in 5 years
New Study from Wainhouse Research details 12 local European Markets
May 2, 2007, Duxbury, MA -
Wainhouse Research's (WR) latest study on the European Collaboration Services Market forecasts that audio, video, and web collaboration services will grow from $724 million in 2006 to $1 billion in 2011, with a compound annual growth rate of 7%.Much of the increase for collaboration services will be fueled by a continued demand for unattended audio and web conferencing services. The European market will also be driven by an increase in higher priced operator-assisted services for larger group meetings and events. A key finding of the study is significant growth in the Nordic region, with Norway realizing audio minute volume growth of 41% over the last year. Most other markets experienced double digit minute growth with the UK, Europe's largest market, realizing 23% growth.
Throughout Q1 of 2007 WR conducted an independent assessment of the conferencing services market in 12 local European markets, including the UK, France, Germany, Netherlands, Belgium, Switzerland, Italy, Spain, Sweden, Finland, Denmark, and Norway. Data from this study provides service providers and technology vendors with the current state of the local European markets, assesses current trends, identifies risks and opportunities, and provides assistance on market approaches, services, and prices. The study includes a review of 36 service providers- with rankings by service for each local market.
Additional collaboration services studies by WR include North America (available Q2/07), and Asia Pacific (available Q3/07). All studies include a survey of user activity & interests; technology & market trends; provider analysis, and a 5-year country forecast.
The European Collaboration Services Market- 2007 study is available immediately. For a detailed table of contents and sample of the study, see www.wainhouse.com/reports.
For further information, contact: Sara Fargo, sfargo@wainhouse.com, +1 781 934 6165
About Wainhouse Research
Wainhouse Research ( www.wainhouse.com ) provides strategic guidance and insight on products & services for Real-Time Unified Communications. The global client base includes both established and new technology suppliers and service providers as well as enterprise users of voice, video, streaming, and web collaboration solutions.
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