Global Telepresence Market to Peak in 2010; Prices Expected to Start Falling by 2012

OPEN MINDS Weekly News Wire Strategic Health Care News The market for telepresence systems is expected to peak in 2010 at $73 million in revenue; however, within five years, market growth will decline due to market saturation and vendor competition. The systems are used in a wide range of industries to facilitate videoconferencing, including health care. Within two years, price cuts are expected for mid-range and customized telepresence systems. By 2015, no market growth is expected. These are findings of a report titled “Asia Pacific Telepresence Markets” by Pranabesh Nath of Frost & Sullivan. Additional findings included: The worldwide . . .