Cisco says corporate vcon set to grow ten-fold as video becomes ‘all-conquering’

The annual study, which estimates global IP traffic growth and trends, says video is ‘all-conquering’ and predicts business video conferencing will grow almost three times as fast as overall business IP traffic.
 
This growth will see global internet video traffic surpass global peer-to-peer traffic by the end of this year, for the first time in a decade, according to the study.
 
In addition, the report forecasts that 3-D and HD video will comprise 42 per cent of total consumer internet video traffic by 2014, while global mobile data will increase 39 times 2009 to 2014.

‘The report predicts that by 2012 global Internet traffic will increase more than fourfold to 767 exabytes a year, or more than 3/4 of a Zettabyte. This works out as nearly 64 exabytes of global IP traffic per month by 2014; equivalent to 16 billion DVDs; 21 trillion MP3′s; or 399 quadrillion text messages’, said a Cisco spokesperson.