ClearOne Recognized by Frost & Sullivan for Web Conferencing Solutions

ClearOne was recently awarded the 2010 Global Frost & Sullivan Award for Market Share Leadership of the Year. Frost & Sullivan present the award to the company demonstrating excellence in capturing the highest market share within its industry.

ClearOne has maintained its leadership by their focus on offering high quality audio products such as web conferencing to the marketplace.

In 2009 the market for world installed audio conferencing endpoints was at $43.3 million and is expected to reach $73.5 million by the year 2014. In 2008 and 2009, ClearOne maintained its market share leadership position with 48.3 percent of total revenues in market share.

ClearOne intends to meet technology trends with their recent acquisition of NetStreams. The acquisition enables ClearOne to provide products for distributing audio-only, as well as, audio and voice over IP networks to its customers.

In addition, ClearOne continues to educate the market on the value of using installed audio conferencing endpoints versus standard speakerphone solutions in the group conference room.

Frost & Sullivan research analyst, Paul Waadevig, says ClearOne put strong price pressures in the market over the last two years, and that they provide a broad family of products based upon a customer’s conferencing need.

The last two years have been a challenge for the installed audio conferencing endpoints market. With web conferencing and unified communication tools, companies have had many changes and have had to alter how they figure out the solution.

ClearOne recognized these competitive changes in the marketplace and expanded their product portfolio to provide the INTERACT PRO suite of products.

This new product provides complete audio systems with stereo AEC and application flexibility and connects enterprise telephones and video conferencing systems with emerging unified communication devices.

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