NEW DELHI: The video conferencing and telepresence market rose two per cent to $752 million in the second quarter of this year.

According to an Infonetics Research report, endpoint shipments increased 66 per cent to 4.4 million due to growth in software sales.

Video-conferencing marketing is shifting to software and services and so the revenue is slowing down even though the shipments keep growing.

Though the dedicated systemsegment struggled due to pricing pressures and shift to lower-cost endpoints, the report said the rate of decline is stabilising.

 PBX-based video conferencing increased 29 per cent.

 EMEA and Asia are the top-performing regions for videoconferencing equipment.

The worldwide enterprise telepresence and video conferencing market will grow to $3.3 billion by 2018, according to the report.