Futuresource Conferencing in Small Meeting Rooms & Huddle Spaces Market

Report Enquiry View Report

Enterprise and Professional AV

Date Published: 27 Dec 2022

This report provides insights and analysis on conferencing equipment, behaviours and employee needs in small meeting rooms and huddle spaces. Futuresource classifies these spaces as those designed to accommodate up to six people.

Video conferencing for small meeting rooms has become increasingly popular within the workplace, and these spaces are an ever more important target for AV companies hoping to support collaboration.

Consolidating Futuresource Consulting’s expertise across a range of corporate technology categories, this report provides a detailed examination of the products suited to this environment, namely:

| Collaboration bars (video bars)

| 360-degree cameras

| Fixed cameras

| Speakerphones

The report also draws on end-user research carried out by Futuresource in Western Europe and the USA. The study consisted of 500 telephone interviews with AV and IT decision-makers, and 2,000 online interviews with meeting room end-users. It is supported by industry research and channel interviews.

For any enterprise interested in the opportunities surrounding conference room technologies, this report provides a strategic framework that identifies the key growth areas, market players and extended ecosystem.

The total addressable market for meeting rooms is slightly larger in the United States than in the major Western European economies, at 5.1 million rooms compared to just under 5 million. However, small meeting rooms hold a greater appeal in Western Europe, where they account for nearly half of all formal meeting spaces. Ad hoc spaces, such as kitchens, foyers and reception areas are also much more commonly used as meeting spaces in European organisations.

Collaboration bars have emerged as one of the most popular devices for companies to implement since the pandemic. In 2021, global volumes increase by 40% year-on-year, while demand for low-cost solutions has driven volumes at a greater rate than value.

Fixed cameras face considerable competition from collaboration bars and 360-degree cameras. However, they are proving to be a good solution for small meeting rooms, particularly given the new demand for more individual booth-style meeting spaces.

360-degree cameras are also a growth area in small meeting rooms, with Futuresource expecting strong volume growth across 2023. Key customer segments are SMEs and higher education institutions, as both segments lack the budget and the desire to invest heavily in their meeting spaces.

| Comprehensive PDF report

| Executive summary

| Small meeting room total addressable market

| Small meeting room installed base

| Employee behaviour and changing office spaces

| Limited penetration in small rooms offers an exciting future for AV

| Opportunity for meeting room displays across all company sizes

| Small meeting room budgeting, decision making and behaviour

| Dedicated meeting spaces the key area for future investments

| Small meetings of up to six participants are more typical than larger meetings

| Access to small meeting pods highest in the US and younger employee groups

| Product analysis

| Collaboration bars market size, forecasts and brand shares

| Fixed cameras snapshot, competitive outlook and segmentation

| 36-degree cameras advantages, disadvantages, product comparisons, forecasts and market penetration

| Speakerphones usage, market, regional performance and brand shares

| Enterprise AV decision maker sample demographics

| Enterprise AV employee sample demographics

| Video conferencing survey key demographics

| The small meeting room and huddle space market for collaboration bars, 360-degree cameras, fixed cameras and speakerphones

| Market size, key trends and regional differences across the Americas, EMEA, APAC and China

| Market assessment and forecasting, out to 2026

Futuresource has been tracking, researching and consulting on the corporate technology market for nearly 20 years. This publication is one in a series of research reports, produced to provide businesses with a complete view of the market.

Any enterprise operating within the meeting rooms technology sector will benefit from this report, particularly:

| Manufacturers and their suppliers

| Resellers and VARs

| Intermediaries and supply chain

| Market strategists, marketing and sales professionals

| Investors