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 Monday, May 11, 2009

According to the latest research by IDC, the unified communications (UC) market in Europe was worth $2.6 billion in 2008, and will grow at a CAGR of 39% to a value of $13.5 billion by 2013. This makes it one of the brightest spots in a very tough technology market.

"In such a challenging market, where spending is plummeting, there is a strong opportunity for solutions that can reduce expenses, such as travel, in the short term. This means that UC, which includes video and audio conferencing and collaboration solutions, is one of the few technology areas well placed to grow during the recession. In addition to cost savings, we see that in Europe environmental issues are becoming a major driver of the overall UC market, and specific submarkets such as high-end videoconferencing in particular. Not only can UC reduce an organization's travel budget, it can also reduce that company's carbon footprint and improve its corporate social responsibility standing," said Chris Barnard, research director, European Telecoms and Networking at IDC.

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Source: Cellular News.