Cloud-based Video Conferencing Market - China
China Semiannual Collaborations and Video Tracker shows that the scale of China’s video conferencing market is US$ 172.1 million in the first half of 2013 (1H2013), declining 6.1% year-on-year. Reasons for declining of China video conferencing market in 1H2013 are: Recession in China resulted in a declined profits among enterprises, causing them to be more cautious about IT investment. The decreasing number of customers also resulted in delays in video conferencing investment. Changes in the government industry – one of the major users of the video conferencing. The change in government leadership and high level of business penetration in state ministries and commissions resulted in decline in investment. More audio/web conferencing vendors are adding video functions to their products, meeting the demands of video communication users at a low cost. As such, medium and small enterprises in the video conferencing market are facing increasi...