The trend for faster, smaller meetings, epitomised by the rise of the huddle space, is driving a big expansion in the number of corporate meeting rooms and a corresponding rise in demand for flat panel displays, claims Futuresource Consulting.
Chris McIntyre-Brown, Associate Director at Futuresource Consulting, said: “Our figures point to a total addressable market of more than 10.5 million meeting rooms right now across Western Europe and North America, and that figure just keeps on rising.”
Its analysis shows that by the end of 2018 corporate flat panel ownership will have increased by 25% in Europe. Over the same period, ownership of projectors is predicted to decline by 9.6% as LCD ?at panel displays continue to take share from projectors. Of all the European markets, the UK shows the lowest reliance on projection. Even so, more than 55% of large meeting spaces and 45% of mid-size meeting rooms still have a projector installed.
With the convergence of AV and IT and the upsurge of collaborative communications solutions, Futuresource Consulting expects web conferencing tools like Skype, join.me and GoToMeeting to become integrated into the meeting room experience.
Almost half (44%) of European professionals surveyed have a company-sponsored web conferencing account and when conducting a meeting in their office, over 25% of all respondents prefer to use web conferencing technology.