SALT LAKE CITY, March 15, 2017 /PRNewswire/ --
ClearOne [NASDAQ: CLRO], the leading global
provider of audio and visual communication solutions, has been recognized by independent analyst firm Frost & Sullivan for capturing a 55.8 percent share of 2015 global
installed audio conferencing endpoints revenue, up from 51.5 percent the previous year.
ClearOne has solidified its position as a conferencing and collaboration services provider and as a leader in the installed
audio conferencing market. It continues in the forefront of the installed audio conferencing endpoints market as a result of its
end-to-end product portfolio, exceptional product quality, longstanding commitment to industry innovation, and strong partner
ecosystem, according to Frost & Sullivan's latest analysis —" Growing
Collaborative Business Culture Drives Demand for Audio Conferencing Endpoints " — released in December 2016 for baseline year 2015.
Said Frost & Sullivan Digital Transformation Principal Analyst Alan Saayed: "Business users
continuously demand higher quality innovative products, yet at affordable values. ClearOne continues to strike a balance between
competitive pricing and top-notch technologies, which sets it apart from competitors."
"As collaborative spaces and services proliferate in the workplace, the deployment of cost-effective A/V equipment, such as
audio conferencing endpoints, has become pivotal to successful team engagement," ClearOne CEO, President & Chairman Zee
Hakimoglu said. She added that ClearOne continues to enhance its integrated product line and expand its total addressable market.
"We do that by incorporating fully scalable and cost-effective audio-video conferencing and collaboration solutions designed to
be easily adapted to satisfy the individual needs of every kind of meeting space."
"On the audio side," Saayed noted, "ClearOne introduced their new CONVERGE ® Pro 2 audio platform and
Beamforming Microphone Array 2, competitively priced and highly scalable products that address the demand of each type of meeting
space, from emerging huddle rooms to large conference rooms."
"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, which were evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class
positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth
Team™ with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful
growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging
businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, visit
www.frost.com.
About ClearOne
ClearOne is a global company that designs, develops, and sells conferencing, collaboration, and network streaming
& signage solutions for voice and visual communications. The performance and simplicity of its advanced, comprehensive
solutions offer unprecedented levels of functionality, reliability, and scalability. Visit ClearOne at www.clearone.com.
Contact:
ClearOne Marketing
+1-801-975-7200
marketing@clearone.com
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SOURCE ClearOne