MOUNTAIN VIEW, Calif., Oct. 27, 2015 /PRNewswire/ -- ClearOne (NASDAQ: CLRO) earned an impressive 51.5 percent share of 2014 global installed audio conferencing endpoints revenue. The company gained share compared to the previous year, further solidifying its lead in this rapidly growing market.
Demand for audio conferencing solutions remains strong as audio conferencing endpoints evolve to address changing business user needs and new technological environments at the workplace. Market participants compete fiercely to deliver greater customer value through innovative functionality and form factor, solution portfolio diversification, expanding use cases and compelling pricing.
New research from Frost & Sullivan, titled Analysis of the Global Audio Conferencing Endpoints Market (http://www.frost.com/nf8c), finds that ClearOne's comprehensive portfolio, excellent product quality, dedication to technology innovation, and strong partner network have enabled the vendor to strengthen its lead in the installed audio conferencing market.
ClearOne has rapidly expanded its product line to enter new and adjacent markets for audio and video applications. Historically focused on installed audio conferencing devices, ClearOne has also entered the tabletop and video conferencing markets to meet the continually evolving needs of all types of customer organizations.
"ClearOne offers the most comprehensive portfolio in the conferencing endpoints market," said Frost & Sullivan Unified Communications & Collaboration Industry Manager Alaa Saayed. "It is positioned as a one-stop-shop provider for customer audio and video collaboration needs."
ClearOne has a strong track record of technology innovation. It is a pioneer of distributed echo and noise cancellation, as well as beamforming and adaptive steering technologies. Specifically, the company's proprietary StreamNet Networked AV technology uniquely controls audio and video packet distribution over Ethernet networks for high quality and reliability.
"ClearOne has been a trailblazer in the audio conferencing industry for more than three decades," states Frost & Sullivan Unified Communications & Collaboration Industry Manager Alaa Saayed. "Today, it remains laser-focused on delivering greater value to customers and partners through relentless innovation and product line evolution."
ClearOne continues to develop and introduce innovative audio and video products for conferencing, collaboration, streaming, and digital signage applications. In 2015, the company once again demonstrated its technology innovation prowess with the launch of CONNECT Bluetooth, a USB adapter that enables Bluetooth connectivity for all ClearOne conference phones and also inter-connects PC-based and mobile phone calls into a conference. Furthermore, it launched a digital wireless microphone that supports Dante technology, which ensures maximum privacy and security through radio-frequency digital wireless signal transmission technology.
ClearOne stands out among its competitors due to its ability to promptly address constantly changing customer needs, a well-rounded audio and video conferencing solutions portfolio, cutting-edge functionality and competitive pricing. These capabilities have secured ClearOne its leading position in the global installed audio conferencing endpoints market.
Analysis of the Global Audio Conferencing Endpoints Market is part of the Conferencing & Collaboration Growth Partnership Service program. Frost & Sullivan's related studies include: North American Conferencing Services Markets, Global Video Conferencing Endpoints and Infrastructure Markets, and Global Web Conferencing Markets. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Analysis of the Global Audio Conferencing Endpoints Market
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SOURCE Frost & Sullivan