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Futuresource Consulting Presents the Vision of the 'Office of the Future' and Maps Out the Opportunities Across the Corporate End User Landscape
Meeting Room Technologies Market Analysis and Commentary
20 Nov 2019 - The pro AV corporate end user market is expected to witness consistent growth over the next decade, as the industry adapts and evolves to meet the changing needs of end-users across multiple applications. Collaboration and connectivity will continue to drive revenues. Futuresource Consulting has a suite of reports mapping out key trends and opportunities across the Pro AV landscape.
Jeremy Keefe, Vice President, UK & Ireland, Poly, whilst presenting at the Futuresource Audio Collaborative event, highlighted three key trends driving developments of technology and products for the office of the future. They were, flexible office spaces, the rise of huddle rooms and the move to mobility. Audio as well as video quality was also cited as key to the end users experience, along with remote working and collaborating across teams.
According to Claire Kerrison, Senior Analyst, Futuresource Consulting, “Interoperability across office ecosystems also remains a key aspect of AV hardware purchasing decisions both in the corporate and education spaces.” This statement is further re-enforced by the recent announcement of Microsoft Teams now working with Zoom and Cisco Webex.
“AV Managed Services (AVMS) will become a key longer-term strategic focus for brands, as they will help to cement end user customers into a given ecosystem and provide an opportunity for them to streamline their route-to-market,” added Kerrison. “AV solutions will also become a key element of data acquisition, from facial detection to climate monitoring. AVMS will help end-users drive cost-saving and resource efficiency initiatives, as well as optimising the efficacy of signage.”
Meeting rooms are collaborative ecosystems, and professional displays and associated technologies are central to this wider ecosystem. Many discussed in the complementary Futuresource Infocomm 2019 report here. However, according to the latest Futuresource Professional Displays Report regular usage of collaboration and connectivity solutions is mounting worldwide, which is changing not only what display technologies are being purchased but what technologies are being integrated within them. In 2018, the number of ‘collaboration displays’ sold worldwide grew over 150%, with a 25% CAGR forecast 2019-2023. Wireless presentation solutions including hardware-based, room hubs, collaboration displays and software exceeded a major milestone in 2018. This report is also interesting when tracking the overall tech in the corporate end user marketplace.
The demand for audio and video collaboration technologies is also at an all-time high, driven by trends in remote working video conferencing, which has become a key tool for many businesses. According to the latest Global Video Conferencing Report from Futuresource, hardware shipments increased by 50% last year, with a projected CAGR of 27% out to 2022. Click here to download the latest video conferencing report infographic.
Further to the aforementioned core pro AV category trackers Futuresource Consulting is about to unveil the findings of its Corporate End User Report, an annual study which interviews both the key buyer IT/AV managers and end users across Western Europe and the United States. This report shares new areas of technological opportunity and explores how attitudes to technology in the meeting room are changing.
For more information about the Pro AV suite of reports below please contact firstname.lastname@example.org.
Here at Futuresource Consulting we deliver specialist research and consulting services, providing market forecasts and intelligence reports. Since the 1980s we have supported a range of industry sectors, which has grown to include: CE, Broadcast, Entertainment Content, EdTech and many more.