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  • UK Mobile Gambling Revenue Doubled in 2010

    According to new IHS Screen Digest research, mobile gambling market in the UK witnessed two times  growth in the 2010 when compared with the 2009 figures.

    Mobile gambling in the UK is widely popular as online wagering, and this gambling happens completely through communications medium such as telephone, television and the internet.

    The net mobile gambling revenue recorded in the year 2010 as 41 million pounds, which is more than double to the business turned out in the year 2009 as 19 million pounds. The participation percentage is also increased widely according to the research report, which mentioned it as 13.7% against the 9.8% in the year 2007.

    The 2005 U.K. gambling act was successfully implemented in the year 2007 and made this mobile gambling completely legitimate. This legitimate gambling started to advertise their activities in the television and radio successfully. Past twelve months this gambling market witnessed significant increase in spending money over these advertisements. In addition to this, latest smartphones’ accessibility to the internet helped well to increase this participation in  the UK to a major extent.

    The current 4G and advanced features in the samrtphone making them more appropriate for smart wagering in the UK. This is clearly distinguishing the today’s mobile gambler completely away from the one that was five years ago. As further step in this aspect, some of the special smartphone apps are ventured into the market that is exclusively designed for the smart wagering.  All these situations are clearly indicating the further growth to this market in the year 2011.

    The current mobile gambling, or mobile betting or mobile wagering is completely different from earlier. The research mentioned that this gambling is expected to grow further and online user’s average revenue per user will witness significant growth by 10 to 20 percent in the coming two years. Now, the bet stakes are collected from the user’s account balance like Amazon and PayPal. This trend is indicating that the pretty soon mobile operators will turn into billing centers for this mobile wagering.

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  • Report: European Videoconferencing Endpoints Market

    Videoconferencing has proved to be a viable solution for companies that are reducing their travel expenditure, thereby boosting the European videoconferencing endpoints market growth, says Frost & Sullivan.

    New analysis from the research group, European Videoconferencing Endpoints Market, finds that the market earned revenues of $383.6 million in 2009 and estimates this to reach $1.03 billion in 2015 at a compound annual growth rate of 18.0 per cent.

    According to Frost & Sullivan, the major growth factors of the videoconferencing endpoints market in Europe include the need for companies to decrease travel expenses, search for alternative ways to meet their workers and clients and the stringent environment policies imposed by the European Parliament.

    Additionally, videoconferencing is stepping up the decision-making process and enhancing teamwork in the more-than-ever dispersed workforce.

    "The videoconferencing endpoints market has been witnessing a slow transformation in the recent years, largely attributed to the introduction of high-quality products, such as high-definition conferencing and telepresence, the market’s shift towards converged audio, video and web conferencing solutions, and integration with other existing collaborative applications," states Iwona Petruczynik, Frost & Sullivan Research Analyst.

    However, the report says, the European videoconferencing endpoints market is restrained by several factors. For example, the misconception that videoconferencing services are communications tools used only by large enterprises is hindering the adoption among small and medium businesses.

    Moreover, new communications and collaboration vendors are delivering videoconferencing as a part of a unified solution, creating a one-stop-shop for their customers; however, this is hampering the growth of standalone videoconferencing providers. Poor infrastructure and low bandwidth, especially in the Central and Eastern Europe (CEE), also have adverse effects on the videoconferencing endpoints market growth.

    "The two main challenges with which the market is constantly battling are – the long-standing belief that videoconferencing is a complicated tool, reserved only for the top level management in large enterprises, and the rise of unified communications (UC), where audio, web, and video-conferencing tools are converging," said Petruczynik.

    Analyst claims that overcoming the first barrier is a constant challenge for vendors. However, with the recession spurring the growth of videoconferencing, these collaboration tools and their benefits have been brought to the fore, especially their increasing ease of use.

    “Videoconferencing vendors should be able to proactively address their clients’ needs and evolve constantly in this market. The trend of shifting towards UC is leading to an increased attention to the adoption and usage of visual collaboration in business,” concluded Petruczynik.

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