Asian Companies Turn to Telepresence for An Immersive Experience, Finds Frost & Sullivan

Asian Companies Turn to Telepresence for An Immersive Experience, Finds Frost & Sullivan PR Newswire SINGAPORE, Aug. 21, 2012 - 'Interoperability' emerges as the latest buzzword in the APAC telepresence market SINGAPORE, Aug. 21, 2012 /PRNewswire/ -- With video becoming a part of the mainstream enterprise communications sector, telepresence's highly immersive experience will attract several enterprises in the Asia Pacific. The immersive experience, combined with savings on travel and higher productivity will give a huge thrust to the telepresence market among companies with global presence. New analysis from Frost & Sullivan (http://www.enterprise.frost.com), Asia Pacific Telepresence Markets CY2010, finds that the market earned revenues of $41.9 million in 2011 and estimates this to reach over $93.5 million in 2017. As high definition (HD) video does not provide an immersive environment, end users are likely to flock to telepresence companies that offer managed services. Service providers are also focusing on providing telepresence solutions that are interoperable with different devices and can be customized to single and multi-codecs. "The interoperability with room-based video conferencing systems, executive videoconferencing (VC) solutions, and desktop video solutions will trigger demand among Asian enterprises," said Frost & Sullivan Senior Industry Analyst Jessie Yu.