The effect that COVD-19 has had on the meeting room in 2020 and the effect it will have beyond cannot be understated. For many of us our homes became our meeting rooms, and that brings with it a whole set of new challenges about how to most effectively enable people to communicate and collaborate.
The year had a sharply depressive impact on traditional WPS Hardware volumes, but in response to the question above, a new breed of products combining traditional Wireless Presentation and the ability to wirelessly connect to in-room peripherals has come to the fore. These Wireless Conferencing (WCF) products show explosive potential for future growth, particularly in regions and verticals where video communication has been most heavily adopted.
In this report, Futuresource expands its coverage into these products to look at how traditional Hardware WPS, Software WPS, and the new breed of Wireless Conferencing boxes will shape the future of the meeting room.
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Futuresource has a long heritage of providing global research and consulting services to a range of industry sectors that includes, consumer electronics, broadcast equipment, professional displays, entertainment content, education technology, electronics storage and imaging products.
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While video communication was becoming increasingly popular prior to 2020, the COVID-19 pandemic sharply accelerated the trend. Video has now become embedded in all industries, and, for much of the world, frequent video communications are an expected and standard part of working life.
Futuresource Collaboration Bars Market
Video Conferencing is now a part of daily life for many as COVID-19 revolutionised the way in which we work. Hybrid working, a combination of remote and office-based working, is becoming the norm and so many companies are looking for cost-effective solutions in order to ensure their meeting rooms are video-ready in order to continue seamless collaboration wherever their employees may be.