Another market driver is budget-cutting: Sure, telepresence systems and the bandwidth they require are still relatively expensive. But those costs often are offset by savings in flights and hotels when executives – the major users of telepresence – don’t have to travel as often.
“I think telepresence will be big, in part because they’ve now come out with executive models, which are for individuals at a price point that’s a lot more attractive than $300,000 [€236,000] for a room,” says Stan Schatt, vice president and research director at ABI Research, which tracks the telecom and tech industries. “Telepresence is already a force in multinational [enterprises] and Europe and will continue to grow pretty significantly.” (Thanks to InAVate for this interesting information).