Tabletop Audio Conferencing Endpoints to Expand Substantially with the Rise of Huddle Rooms by 2024

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"Although tabletop endpoints currently dominate the market, there still exists a market for ," said . " ( ) vendors are innovating by building installed audio systems with USB interfaces that can handle both audio and video streams."

Frost & Sullivan's recent analysis, , covers market sizing, key market trends and market forecasts for audio conferencing endpoints such as analog, VoIP, USB, and installed audio conferencing endpoints. This market is expected to reach $712.8 million by 2024, growing at a compounded annual growth rate (CAGR) of 8.1% between 2018 and 2024.

"Participants that deliver innovative tabletop audio conferencing devices that double up as video and content-sharing media hubs will have a distinct edge. The growing deployment of video in medium/large meeting spaces across the globe is encouraging audio vendors such as and to bundle cams with their tabletop audio conferencing endpoints," noted Srinivasan.

Forward-looking audio conferencing endpoint vendors will aim to optimally tap the significant market present in:

"In addition, providing for enhanced overall endpoint management is a strong differentiator in the highly competitive market. As audio endpoints are expected to be UC-compatible and work seamlessly with video endpoints and UC clients, it is vital that businesses implement central management software to effectively support installation, monitoring, and management of endpoints and infrastructure. It is also an important means to realize recurring revenues," concluded Srinivasan.

 is part of Frost & Sullivan's global Connected Workplace Growth Partnership Service program.

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