Group DynamicsBy Joshua Weinberger | Posted 2003-05-01 Print
It's been more than two decades since videoconferencing vendors began promising to revolutionize the way the world does business. The revolution still has yet to arrive, but whenor ifit finally does, at least we'll be able to watch it together
What It Is: Decades-old telecommunications medium that allows participants to see each other.
Key Players: Polycom, Tandberg, Sony, VCON, VTEL (user equipment); the first three control 88% of the market for group units; VCON and Polycom share roughly two-thirds of the desktop market.
Others: Infrastructure vendors (Radvision, Ridgeway, Polycom subsidiary Accord) are critical, as are resellers (Wire One, IVCi) and services companies (V-Span, Forgent, AT&T, MCI), many of which design and package systems.
Market Size: $713.4M* (2002)
What's Happening: Years of consolidation led to repeated shifts in market leadership. Now the switch from ISDN to IP, and the move to personal units, may change the game all over again.
* Source: Frost & Sullivan, April 2003; figure reflects Worldwide System revenue, expected to more than double by 2007, reaching $1.46B.
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