Global Video Conferencing Market Trends and Forecast 2014 – 2020

The global video conferencing market was valued at US$ 3.31 Bn and is expected to reach US$ 6.40 Bn by 2020, growing at a CAGR of 9.36% during the forecast period 2014 to 2020.

Video conferencing solutions are widely accepted in the global corporate enterprises segment owing to significant benefits such as operational efficiency and cost reduction. With the increasing need to lower operating costs and travelling expenditure in government operations, there has been an increase in adoption of video conferencing solutions in the public sector. In addition, increasing applications in the defense sector have led to the growth of this market. Rising expenditure in telemedicine and applications such as remote patient monitoring, diagnosis and tele-consultation have led to the rising popularity of video conferencing solutions in the healthcare industry. Other applications including distance learning and web-seminars are expected to drive the growth of the video conferencing market in the education sector. Video conferencing solutions have also found usage in the media and entertainment industry for broadcasting special interactive events.

North America video conferencing market led the overall video conferencing market in terms of revenue in 2013 owing to significant adoption of video conferencing solutions in the region across the business and government sector. Europeheld the second largest revenue share of the overall video conferencing market in 2013. However, economic slowdown and reduced public expenditure in the region are impacting the growth of the video conferencing market in Europe. Video conferencing market in Asia Pacific is expected to achieve significant growth during the forecast period 2014 to 2020. Increasing demand from countries including India and China are expected to primarily drive the growth of this market in this region. Opportunities from other regions including Latin America and the Middle East are expected to further drive the growth of the video conferencing market during the forecast period 2014 to 2020.

Did you know that Video Conferencing Benefits Insurance Professionals?

DRIVE BUSINESS PERFORMANCE WITH THE POWER OF VIDEO CONFERENCING

Video conferencing has opened numerous opportunities for businesses. The New York Times reports that increasing numbers of service professionals like therapists and attorneys are beginning to rely on allowing them to provide greater customer service and better meet their clients’ needs. For insurance professionals, the benefits are similar. If you’re already in the practice or considering opening one, here are some things you’ll want to know.

Greater Range and Flexibility: Unless you live in a highly populated city, you probably need to make connections outside your immediate sphere of influence. PBS reports that an estimated 38 million people are in need of better or more tailored insurance, but these individuals are scattered across the nation. You still have to find them. Even within a single state, particularly some of the western and Midwestern states, there can be hundreds of miles between you and prospective clients

Greater Trust: People are more inclined to distrust individuals when they’re communicating through emails because it’s easier to lie in print than it is in person. People tend to feel confident in their abilities to assess whether someone is lying if they can see that person’s face. Through video conferencing, you have greater opportunities to share how your service can help them while at the same time alleviating their fears.

At h323HD, Inc. we specialize in implementing, designing, installing and configuring of corporate level video conference infrastructures, video integration and audiovisual systems, including control touch panel programming.  Visit our website at www.h323hd.com for more information.

Did you know that it’s National Breast Cancer Awareness Month?

BCAMDid you know that Breast cancer is the second most common kind of cancer in women? About 1 in 8 women born today in the United States will get breast cancer at some point.

The good news is that many women can survive breast cancer if it’s found and treated early. A mammogram – the screening test for breast cancer – can help find breast cancer early when it’s easier to treat.

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Thank You! SCN Magazine

 

AVSelfie-InfoComm14

Tons of #avselfies were taken at INFOCOMM14 in Las Vegas, Nevada and some of them are now featured in SCN Magazine. What a great compliment!. Julio Carrasco, President/Chief Video Engineer of h323HD, Inc., attended Infocomm14 and took tons of selfies and one of his pics made it on to the collage. He is the second Picture on the top.

Thanks again SCN Magazine!

Study finds videoconferencing with family, friends lowers stress for pediatric patients

(SACRAMENTO, Calif.) —To ease isolation during extended hospitalizations, UC Davis Children’s Hospital offers secure videoconferencing for patients and families. While anecdotal accounts have suggested the Family-Link program enhances quality of life during long hospital stays, clinicians wondered if the technology also offered clinical benefits.

To answer that, a team led by UC Davis professor James Marcin studied 367 children who were hospitalized for at least four days. They found that access to Family-Link significantly reduced patient stress. The study was published in the journal Pediatrics.

As the popularity of applications like Skype and FaceTime have increased, so has the number of patients interested in using these applications to communicate with family and friends. UC Davis Children’s Hospital pioneered the Family-Link program, which provides patients with laptops, webcams and secure internet connections.

We have many children who transfer from other hospitals and even other states,” said Nikki Yang, first author on the study. “Because they are too far away for family and friends to visit, they often ask for laptops so they can teleconference. That was the origin of Family-Link.”

While the program began as a service to improve long hospital stays, clinicians wanted to know if it also provided clinical benefits. Earlier studies had shown that in-person family visits can decrease stress and even improve recovery times. But could virtual visits have a similar effect?

“This study shows that we have another tool to help children during their hospital stays,” said Yang. “The improvement in stress scores shows that Family-Link is really helping many children and might possibly be improving outcomes.”

ACT of Communication Launches Witness Preparation Via Video Conferencing

ACT of Communication(TM) one of the nation’s premier witness preparation firms, once again clears a path for the legal industry into the digital age by deploying interactive platforms such as Skype, Google Hangout and other widely available video conferencing tools to turn the industry’s theories on the topic of witness preparation upside down. With nearly 11,000 legal community Twitter followers, more than most state bar associations, the firm is no stranger to leading the way towards digital innovation in an industry some might argue as slow to adapt.

Via video conferencing, the team at ACT of Communication(TM), is able to work one-on-one with any witness facing a trial or deposition-not by traditional means but by the innovative Star Witness Preparation System based on the teachings of theatre techniques. Invented, tested and successfully proven in over 1,000 cases by Katherine James, the techniques are unlike any taught in law schools or in the biggest of firms. As the system’s name implies, even the most problematic witnesses can be turned in to stars. In addition, ACT of Communication™ will also work closely with the attorney having to lead those same witnesses successfully through the process.

Although witness preparation via video conferencing is an ideal solution in a time crunch or in a small budget scenario, the service can be deployed in any trial or deposition-small or large.

InfoComm is in Full Swing! Huawei showcases SME videoconferencing solutions at InfoComm

Huawei to showcase cost-effective solutions ideal for SMEs, small boardrooms and remote branches

“The VAR community will want to visit the Huawei booth to check out the best videoconferencing solutions on the market,” said Glen Ziegler, senior director of Channel Sales for Huawei Enterprise USA. “Our cost-effective solutions are ideal for SMEs, small boardrooms and remote branches.”

 

 

Video conferencing makes sense for many businesses

In FARGO, N.D. – Improved technology, lower costs and social trends are driving more companies to use video conferencing in the workplace, and doing so has provided those companies a number of benefits.Video conferencing allows businesses to hold meetings and conduct interviews without leaving the workplace. It cuts down on time-consuming travel and the associated costs.Gate City Bank invested in video conference technology late last year.

Adopting the technology had been on the minds of officials at Gate City Bank for some time. The company had grown to 34 locations and they were looking for ways to streamline operations.After testing a few systems, they enlisted Bloomington, Minn.-based Video Guidance to provide video conference technology for their boardrooms, desktops and mobile devices.The most easily measured benefits are time and travel savings. Video conferencing has enabled employees from multiple Gate City branches to connect for meetings and training