Your Introduction to the Conference Phone Market

The conference phone market: A complete guide

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Conference phone market complete guide
Meeting Rooms and DevicesInsights

Published: June 23, 2020

Rob Scott

Rob Scott

Publisher

In a world where cloud-based software seems to be taking over, hardware solutions like SIP and conference phones are easy to overlook. However, conferencing devices still play a significant part in the way that many businesses work.

The right phone solution can do a lot more than just connect teams for a multi-way call. As the way we operate evolves, the conference phone market transforms too. The result is a new kind of conference phone market – one that’s growing at an incredible 11.5% CAGR.

Once a somewhat basic tool in the business communication world, conference phones are becoming a critical part of the way that teams work together. These powerful devices enhance productivity, increase context, and add more value to the way that people communicate in an age of remote work.

So, what do you need to know about the conferencing space, and where the market is heading?

Endpoints are Still Essential

Conference phones are just one example of a critical endpoint in the corporate landscape. As valuable as the software is when it provides us with access to things like screen sharing, instant messaging, and video chat, we still need endpoints for a comprehensive communication strategy.

In certain regions, the demand for endpoints is higher than it is in others. For instance, the US maintained the highest share of communication endpoint demand during 2018. However, despite concerns that the plastic desk phone might be dead, need for individual, and conference phones continues to grow.

Crucially, the conference phones available today aren’t the ones we’re used to. Years ago, finding the ideal conference phone was all about picking the tool with the best audio quality and the best bandwidth. While those considerations come into play today, there are also new things to consider. For instance, how can you connect your conference phone to your video system?

Some businesses in the conferencing landscape are beginning to offer all-in-one room kits, specifically intended for the agile companies emerging today. These plug-and-play devices provide more than just on-demand audio. The modern conference phone can combine with multiple other endpoints to provide a full huddle room or conference room experience.

The Transformation of Business Conferencing

The biggest driver of change for the conference phone is the changing nature of the meeting. Conferencing has become one of the most diverse areas of the UC market, with dramatic shifts happening in the way that we connect. Web conferencing has achieved incredible growth in recent years, with a massive appeal for companies that want quick and easy meetings.

Video is quickly emerging as the norm for many conversations in a collaborative setting. Companies are beginning to discover that having incredible audio and voice quality isn’t enough. For teams to be as productive as possible in the new environment, we need access to all kinds of content.

Conference phones have evolved beyond just offering voice as the only mode to communicate. Today’s devices can connect with leading collaboration tools or integrate with video chat. The best conference phones come with a range of advanced features, all designed to make meetings easier and more intuitive.

Conference phones enabled with the latest software can deliver new functionality through access to API and built-in integration solutions. This ensures that business leaders can connect the applications that they already have in place for meetings, to the hardware that’s best for their team. For instance, with the Microsoft Teams API, you can use the screen on your conference phone to send instant messages and files while you’re in a call.

As the communication world has grown more complex, businesses have begun to look for intelligent ways to make conversations simpler too. For instance, the rise of voice-activated smart assistants has prompted the new demand for digital assistants built into phone hardware. These solutions deliver a similar experience to having a smart speaker at home. Some assistants can start recording a conversation on-demand or launch a meeting without any complex set-up.

Adapting to the New Age of Conferencing

Research from leading companies like Avaya in the State of Desktop 2019 report highlights the changing nature of desktop technology. The review reveals that there’s an increasing need for advanced video and audio conferencing tools in the workplace. Businesses are looking for reliable ways to improve video and sound quality in their meetings.

Having the right high-quality business meetings means more than just having access to the right software. Endpoints are often one of the main components dictating how successful a meeting can truly be. Avaya revealed that many business conference rooms today feel like an “obstacle course” that employees need to conquer. However, the best conferencing places will include hardware that’s easy to access and use.

CIOs should be able to access powerful conference phones and other conferencing tools that support businesses in hosting more powerful conversations with their team members, clients, and colleagues. However, this functionality can’t come at the expense of accessibility. That’s why most of the market leaders in conference devices today are experimenting with finding the kind of content that can provide the right combination of quality and simplicity.

Another factor driving the transformation of the conference phone today is the demand for choice. Employees are getting used to having access to a wide range of communication options. Tools like Microsoft Teams, RingCentral Glip, and many others make it easy to connect; however, employees choose. This means that accessing things like video and content sharing should be as simple as starting a call.

Making the Meeting Room More Immersive

As trends like remote and globalized working continue to transform the workspace, conference phones have an important role to play. The right conferencing technology isn’t just there to connect with clients and long-distance partners anymore. Employees are using huddle rooms and plug-and-play conferencing equipment to communicate with remote team members too.

This means that the conference phone is becoming the critical connector between the in-office, and out-of-office team. To support this new workforce, conferencing devices need to be simple, intuitive, and reliable.

There’s also a demand for simpler, more affordable set-ups. For instance, huddle room devices that you can use to set up your meeting with nothing but a USB cable are drawing more attention. What’s more, as artificial intelligence and machine learning continue to make their way into the communication space, they’re having an impact on conferencing too. Aside delivering smart virtual assistants, intelligent algorithms are also improving the quality of calls. These solutions can detect noise automatically and remove distortion from a call too.

Now that employees prefer to have video in their conferencing experiences, along with audio, we’re likely to see more intelligent cameras appearing within conference phone set-ups. These cameras might come with things like computer vision to detect biometric markers and identify who might be setting up a call. The possibilities are endless.

Going forward, some vendors in the conference and meeting room landscape are also beginning to experiment with other forms of disruptive and creative technology. For instance, the presence of IoT components in the meeting room could help everything from virtual whiteboards to video equipment work more seamlessly together. This could also help with providing a more immersive experience during a conference call.

On the other hand, there may be an opportunity to step into mixed reality with our conference calls in the years to come, thanks to the work that’s ongoing in the world of VR and AR. When 5G is available to make latency-free connections more of a possibility, these new realities are becoming more incredible.

The Future of Conference Phones

Conference phones aren’t just a basic piece of plastic that can sit on a desk and capture multiple voices anymore. The rise of new technology has made conferencing into a more diverse and versatile experience. Today’s users can set up a conference call in seconds, or even dial into conversations using a smartphone. At the same time, as collaboration emerges at the heart of the business communication landscape, many conference phone companies are beginning to work more closely on integrations with software solutions.

It’s becoming increasingly common to find conference phones and equipment that are already certified for your favourite collaboration tools, like Microsoft Teams and Zoom. With 32.4 million huddle rooms worldwide, companies are looking for these convenient plug-and-play options to help them jump into a new quality of conference.

Going forward, the future of conference phones could be a remarkably interesting place. There’s no telling what you might be able to accomplish with things like IoT and AI to guide new vendors.  However, it seems clear that the demand for conference phones isn’t going to slow down. Particularly in a new landscape where more people will be working remotely, companies will need the right conferencing systems to bridge the gap between traditional and remote workers.

Heading into the future, we’ll see more demand for incredible conference phones and technology than ever before. We’re looking forward to whatever might come next.

 

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