Next Generation Waves Break on the Conferencing Shores - A European Insight.

PR Newswire Europe, June, 2006

LONDON, June 5 /PRNewswire/ -- The market for audio conferencing services in Europe is under threat from next-generation technologies and services, with audio service providers being forced to respond and adapt to the potential loss of a core revenue source. As a result, the provision of value-enhanced conferencing services will be vital to sustaining revenue generation.

Frost & Sullivan (http://www.conferencingandcollaboration.frost.com) finds that the European Audio Conferencing Service Provider Market earned revenues of US$542.2 million in 2005 and estimates this to reach US$712.6 million in 2010. The market's unremarkable compound annual revenue growth (CAGR) of 4.7 per cent masks significant volume growth rates and a marked divergence of business...

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