Web Conference Biz To Grow 149%
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Demand for web conferencing services in Australia is set to grow by 149 percent in the five years to 2014, according to a survey by consulting and research outfit Ovum, part of the Datamonitor group.

Ovum predicts global spending on Web conferencing will hit US$2.7 billion by 2015, up from $1.2 billion 2010. In the Asia-Pacific region spending will reach $534 million in 2015, at a compound annual growth rate of 23.5pc since 2010.

According to Ovum, demand in Asia-Pacific is growing faster than the global average because of greater economic development and a higher base of new corporate customers.