The Audio Conference Market
Technology is one field that is changing rapidly and with it the entire market that is influenced by it. The recent times have posed many challenges and people are finding newer ways to work and study. This has paved the way to new and exciting changes, especially in the field of technology. Audio conference solutions have been a lifeline for millions to continue their work and education from anywhere and any place. The market is seeing new changes with several new audio conference apps being developed packed with powerful features. Conference calls are the lifeline of businesses for years. Global leaders in audio conferencing technology have hosted around 1.2 billion people with over 300 million online meetings and conference calls. In a few years, the market will touch $3.6 billion.
New Trends And Wealth Of New Possibilities
The current trends in the workplace have changed the way we work and communicate. Since the advent of the personal computer, the biggest and exciting new changes are online, mobile, BYOD and globalization. Information Technology has made businesses global like never before. Advances in networking, mobility and internet technology have made both business and consumers capable of reaching out to communicate virtually with anyone around the world. A study shows that 75% of international calls are done through the internet.
Internet-based communication has changed the way service providers develop audio conference apps. The transition to cloud-based application and online communications has been rampant through audio-only conference solutions are here to stay for years. The biggest growth in audio conference technology is giving users not just the ability to hear but also to see. Newer technology in cloud-based applications and browser-based communications has improved online communications.
The audio conference solutions come with exciting features. It gives them the ability to see the attendee lists, schedule calls, record calls, mute audio, hide video and more. The service providers have expanded the solutions to add video conferencing and web conferencing capabilities. This enables users to utilize whiteboards and webcams, share screens and files. A simple conference call is made robust to make meetings more effective than a regular online meeting. The addition of a visual element to an audio-only conference call has been a great new change that has created a wealth of new possibilities.
The Concept Of Bring Your Own Device
Information Technology and mobility is a huge contributor to the changes in business communication and in propagating the new Bring Your Own Device or BYOD trend. As per a study, smartphones account for over 33% of online traffic and communication. It is a user-driven market where the demands of consumers have been embraced by service providers by providing innovative solutions for audio connectivity. Different mobile apps, voice over IP and more have made audio connectivity very affordable and easy to use. Businesses and consumers have plenty of choices in terms of devices and technology, yet audio conference calls are still in vogue to connect with friends and families around the globe.
Read More : What is Voice Broadcasting?
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