{"id":4235,"date":"2021-05-10T08:26:06","date_gmt":"2021-05-10T08:26:06","guid":{"rendered":"https:\/\/www.acefone.com\/blog\/?p=4235"},"modified":"2024-11-14T11:45:41","modified_gmt":"2024-11-14T11:45:41","slug":"evolution-of-video-conferencing","status":"publish","type":"post","link":"https:\/\/www.acefone.com\/blog\/evolution-of-video-conferencing\/","title":{"rendered":"Dynamics of Video Conferencing: Past and Future"},"content":{"rendered":"

Reports<\/span><\/a> suggest that the video conferencing market size was valued at USD 3.85 billion in 2019 and will reach a CAGR of 9.9% from 2020 to 2027. Makes sense, right?<\/span><\/p>\n

Covid-19 has brought about several drastic changes in the way businesses operate. Previously meetings, never-ending discussions about deals, and final closures consumed a considerable amount of time.\u00a0<\/span><\/p>\n

However, with the pandemic bringing in stringent social distancing regulations, organisations have also evolved based on these shifting needs. One such change is becoming more technology-friendly. Recent innovations have helped organisations find newer ways to communicate, add that personal touch, and ensure uninterrupted business operations.\u00a0<\/span><\/p>\n

Worth mentioning here is video conferencing, a tool that has completely transformed business communication. Let us understand more about this medium of communication in detail.<\/span><\/p>\n

What is Video Conferencing?<\/h2>\n

In layman terms, video conferencing<\/a> is a medium wherein you can see a person during interactions even if they are not around physically. This tool proves to be a boon for business owners, especially now when domestic and international travelling is at an all-time low, and they need to bridge communication gaps to nurture business relationships.\u00a0<\/span><\/p>\n

With this understanding, let us now make a comparative analysis of how video conferencing was in the past and how well it has evolved over time<\/a>. Also, read on to know the details of video conferencing capabilities that may develop shortly too.\u00a0<\/span><\/p>\n

Video conferencing: the past<\/h2>\n

The concept of video conferencing was first introduced in the year 1964 by AT&T. It included a simple system with two closed-circuit TVs that were connected by a cable and used VHF (Very High Frequency) or UHF (Ultra High Frequency) connections to display the video. This set-up was mostly used in television stations to interview people or report a live programme.\u00a0\u00a0<\/span><\/p>\n

Gradually, this communication tool was used by NASA and the military base of several countries. However, in the 1990s, the Internet Protocol (IP) was introduced.\u00a0<\/span><\/p>\n

This was an advanced video compression technology that allowed the video image and sound to be transmitted in smaller data packets, thereby reducing the size of the live-streamed files.\u00a0<\/span><\/p>\n

Finally, in 1994, a full-fledged, commercially viable video conferencing solution was introduced.\u00a0<\/span><\/p>\n

That was a short recap about how video conferencing came into existence.\u00a0<\/span><\/p>\n

Video Conferencing: The present\u00a0<\/strong><\/h2>\n

With technological advancements, businesses of various capacities became aware of video conferencing. However, it was meant to facilitate high priority meetings by fortune 500 companies across the world. It wasn\u2019t used to casually connect with colleagues or for a virtual meeting within the company.\u00a0<\/span><\/p>\n

Even if you go back a few years, video conferencing was never the buzzword. Perhaps, you may have heard of a family friend or a relative connecting with their loved ones from a foreign country. Regardless of the situation, video conferencing wasn\u2019t for everyone.<\/span><\/p>\n

But, after the pandemic, things have changed drastically.\u00a0<\/span><\/p>\n

Video conferencing tools have become the lifeblood of business communication. The technology plays a cardinal role in accommodating face-to-face interactions within teams, during important meetings, and enables interactive sessions.\u00a0<\/span><\/p>\n

With several companies adopting the remote working model, it has become important to keep employees engaged. It is equally important to make them feel noticed and not left out. Video conferencing serves all these purposes and then some more.<\/span><\/p>\n

Conducting review meetings for team members, hosting virtual conferences, connecting team members across the world, monitoring daily tasks or simply conducting team building activities, this tool can do it all for you.\u00a0<\/span><\/p>\n

The myth that video conferencing can be used only by companies or individuals who belong to a specific category no longer exists. It is now being used by everyone across the globe.<\/span><\/p>\n

Video conferencing: the future<\/h2>\n

Video conferencing, undeniably, has a promising future. Most will agree that a visual presentation speaks louder than a simple speech. Visuals leave a lasting impression on the audience, a capability that will be leveraged to its full potential.\u00a0<\/span><\/p>\n