video conferencing industry growth

Q. Global Video Conferencing Market, By Component (Hardware, Solution, Services), Hardware (Multi point Control Unit, Hard Codec, Peripheral Devices), Deployment Mode (On-Premises, Cloud), Application (Corporate Communications, Training and Development, Marketing and Client Engagement) Industry Trends and Forecast to 2029. A. Which component type would emerge as an opportunity area for players in Global Video Conferencing Market? Through incorporating the Web's immediacy with the power of streaming audio and video, Data Bridge Market Research Webinars are one-hour, topic-specific seminars filled with the knowledge and perspectives needed to tackle business needs in the real world. The report summarizes the result of the assessment in the field of Automated Valet Parking (AVP) Technology Market from the global perspective. WebVideo Conferencing Market Size (2022 - 2027) The Video Conferencing Market was worth US$ 9.2 billion in the year 2020, and it is estimated to reach a valuation of US$ Your purchase was successful, and you are now logged in. However, a high cost of the hardware and software which is required for video conferencing setup will restrain the market growth. Which end use segment is expected to account for significant revenue share in the global video conferencing market? The increase in preference for professional video conferencing depending on the bandwidth accelerate the market growth. Both are environmentally friendly and may be efficiently marketed. Receive the most recent obituaries every afternoon. There is also no downtime, which is not always spent constructively while travelling. by year 2026 at a CAGR of 9.22% during the forecast period. A. Corporates grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Video Conferencing Market. In 2019, North America acquired the major market share. DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem. The "Video Conferencing Endpoint market" report offers a thorough market analysis by addressing topics such as expansion drivers, industry trends, the The global spread of the Coronavirus has resulted in an unprecedented demand for video conferencing solutions. Video Conferencing is a method of conducting conferences or meeting through telecommunication technologies. Plan your fishing trips with Capt. The document also identifies significant trends and challenges for various market segmentations in an effort to increase stakeholder earnings between (IDC, 2020) Pre-pandemic forecast: By 2021, over 80% of global internet traffic will be video. WebRequest sample of market research report on Global Video Conferencing Industry Market. Video Conferencing Market can be segmented on the basis of by product/service type (Camera, Microphone, Interactive Screens, Headphone, Other Hardware, Software, Service, Professional Services, Managed Services), By User (Corporate, MOOC, IT & Communication, Healthcare, Government & Defence, BFSI, and others) By Deployment (On Premise, and Cloud), By Market Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and, challenges Global Video Conferencing market? By end use the software segment is expected to account for significant revenue share in the global market. The video conferencing market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. Why is it Increasingly Difficult to Grow? Stand behind what you post. The COVID-19 has positively impacted video conferencing market. Receive an email notification each time resident weather expert Stan Blazyk writes a new article. Zoom completed its February-April quarter with 497,000 clients who employed at least 10 people and subscribed to the premium version of the service, according to one important metric. Crucial data about the geographical terrain and variables guiding the development of market division are offered in the research. The partnership aims at building new integrations between Microsoft Teams and SAP Solution, such as SAP SuccessFactors, SAP Customer Experience and SAP S/4HANA. It includes examining and planning all the data acquired from the past in advance. The Video Conferencing Market is expected USD 41.41 billion by 2029. The Video Conferencing Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework. Increasing internet penetration and surge in number visual meetings is projected to contribute to regional growth. Short decision-making routes improve responsiveness. Video on demand (VoD) services are transforming the traditional television landscape by offering unique features such as high quality and exclusive video content on demand through broadband and mobile networks. Receive special offers from The Daily News and select partners including discounts, contests and more. are helping the market share to increase. Global Video Conferencing Market Research Report 2022 gives detailed insights on geographical regions with industry size, share, growth segments and What is the Growth Rate of the Video Conferencing Market? Q. So, there has been a surge in the demand of video conferencing solutions.. Furthermore, the surging adoption of video conferencing in education sector and the healthcare sector in the U.S is one of the key contributing factors. Across the market, Cowen & Co. analysts see undervalued stocks. Subscribe to Email Newsletters And Breaking News Alerts, State of the Video Conferencing Devices Market - Global Forecast to 2027: Market is Undergoing Seismic Changes in the Wake of Massive Work, Workplace, and Workforce Transformation - ResearchAndMarkets.com. Use the 'Report' link on Accept Cookies & Privacy Policy The launch of 5G technology contributed to the growth of video conferencing Notifications from this discussion will be disabled. Zoom Video Communications joined with Lumen in September2020. Some of the players considered in the report scope are Microsoft Corporation; Plantronics, Inc.; Vidyo Inc.; and West Corporation. Cigna Corp. (CI) offers opportunity stemming from the margin potential of biosimilars, one The publisher's research team has been covering evolving hybrid work practices and technologies that address the new future of work. High bandwidth is known to video quality. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service, By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Video conferencing is being highly deployed due to its various benefits, such as saves time, promotes collaboration, strengthens productivity and minimizes travel expenses. U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA). The global video conferencing market is segmented into component, deployment, enterprise size, and end use. Advanced Malware Sandbox Solutions Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. Microsoft (US), Huawei Technologies Co., Ltd. (China), Cisco Systems, Inc. (US), Adobe. Your account has been registered, and you are now logged in. The $3.85 billion The report will be delivered in PDF format with printing rights and excel sheet. Your e-mail address will be used to confirm your account. In 2020, Kaltura, A leading service provider of offers cutting-edge video collaboration launched Kaltura Meetings that offers reliable, scalable, and secure video conferencing solution. Receive email alerts anytime there is breaking news or a severe weather alert. The video conferencing market is analysed and market size insights and trends are provided by country, component, hardware, deployment mode and application as referenced above. On the basis of application, the video conferencing market is segmented into corporate communications, training and development, and marketing and client engagement. Video Conferencing Market Segment Analysis, 2019. Submitting this form below will send a message to your email with a link to change your password. The report covers basic development policies and layouts of technology development processes. Request Brochure Request Discount Customize This Report. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. Growth Opportunities Fuel the Growth Pipeline Engine, Video Adoptions Trends in 2022 and Beyond, Key Benefits and Challenges of Hybrid/Remote work, Rapid Migration to Cloud Video Conferencing, Key Capabilities for Room Video Conferencing Devices, Video Conferencing Devices - Total Addressable Market (TAM), Percent of Revenue Forecast by Device Type, Percent of Unit Shipment Forecast by Device Type, Meeting Room Count and Video Conferencing Penetration Rate, USB Conference Room Camera Market - Revenue Share, USB Conference Room Camera Market - Unit Share, Growth Opportunities - Top Recommendations. The CAGR of the global video conferencing market from 2020-2027 is above 10.2%. (UK), Pexip AS (Norway), Amazon Web Services, Inc. (US), Blue Jeans Network Inc. (US), Enghouse Systems Limited (Canda), Qumu Corporation (US), among others. or anything. Why Asia Pacific is expected to witness faster growth? Global Cabin Air Filter Market - Industry Growth, New Trends and Forecast 2022 To 2027: Ken Research Sep 19, 2022 What is the historical year, base year and forecast year considered in the research report on Global Video Conferencing Market? Furthermore, the surging demand for video conference solutions from various institutions, hospitals, and government & defense sectors for meetings, seminars, and classes are some of the key factors propelling the demand for video conferencing solutions. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. ICYMI also features select historical content. Major player are focused on business expansion through strategic merger and acquisitions in order to increase the profit ratio is another factor expected to further support the growth of target market. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. On the basis of control unit, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry. Explore detailed TOC, tables and figures of Global Video Conferencing Industry Market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. o Vidyo Inc. (United States)o Zoom Video Communication Inc. (United States)o Logitech International S.A. (Switzerland)o Panasonic Corporation (Japan)o Microsoft Corporation (United States)o ZTE Corporation (China)o Fuze Inc. (United States)o Huawei Technologies Co. Ltd. (China)o Avaya Inc. (United States)o Google, LLC (United States)o Facebook, Inc. (United States)o Cisco (United States)o Lifesize Inc. (United States)o StarLeaf (United Kingdom)o Premiere Global Services, Inc. (United States)o ezTalks Technology Co., Ltd. (Hong Kong)o Bharti Airtel Limited (India)o Reliance JioInfocom Limited (India). An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Hardware segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share. In 2020, North America dominated the video conferencing industry, with a revenue share of more than 39%. It is advised for up to five users. Among end use the software segment is expected to account for significant revenue share in the global market. Copyright 2022 MarkNtel Advisors LLP - All Rights Reserved, By Components (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional Services, Managed Services)), By Deployment Type (On- Premise, Cloud), By Enterprise Size (Large Ente, By Components (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional Services, Managed Services)), By Deployment Type (On- Premise, Cloud), By Enterprise Size (Large Enterprise Small and Medium Enterprise), By Type (Telepresence, Integrated, Desktop, Service Based), By Application (Small Room, Huddle Room, Middle Sized Room, Large Rooms), By End- Use (Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, Others), By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America), By Countries (U.S, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Spain, Italy, UAE, Saudi Arabia, South Africa, China, Japan, India, Australia, South Korea, Others), By Company. However, factors such as rising concern related to data theft and high cost and complexity of solutions are expected to hamper the growth of global video conferencing market. WebVideo Conferencing Market is valued at USD 4.70 Billion in 2021 and expected to reach USD 10.20 Billion by 2028 with a CAGR of 11.7% over the forecast period. Please avoid obscene, vulgar, lewd, Get a link to the latest e-Edition delivered to your inbox each morning. by year 2026 at a CAGR of 9.22% during the forecast period. Global Video Conferencing In Healthcare Market size is expected to reach US$ 709.16 Mn. Don't Threaten. such as rising that is degrading to another person. Privacy Policy US +1 424 253 0946 Production, Growth Rate and Price Analysis by Type of Video Conferencing Chapter 4: Consumption and Market Share by Application and Copyright 2020 Market Growth Reports. Terraces at The Ambassador Gardens - Tuesday, October 10, 2017. To know more, please request an analyst call or drop down your inquiry. Your real name will be displayed next to your photo for comments, blog posts, and more! App Annie, a statistics platform in the mobile apps industry, observed 62 million installations between March 14 and 21, a 90 percent increase over the same time in 2019. Also, rapid deployment of 5G offering innovations in telepresence with holographic conferencing capabilities and Ultra HD video calling will further expand the market. racist or sexually-oriented language. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown. Hardware accounts for the largest application segment in the respective market owing to the rise of the Internet of Things. Be Proactive. The global video conferencing market in 2027 is expected to be worth above US$ 8.3 Bn. Who are the key competitors or market players and how they perform in the Global Video Conferencing benchmarking matrix? The unit CAGR is forecasted at 15.3 percent driven by greater video-enablement of all meeting spaces for better hybrid work. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021 This report covers the market for business/professional use of video conferencing devices. Total Video Conferencing Devices Forecast, For more information about this report visit https://www.researchandmarkets.com/r/xyyvl4, View source version on businesswire.com:https://www.businesswire.com/news/home/20221209005437/en/, For E.S.T Office Hours Call 1-917-300-0470, For U.S./ CAN Toll Free Call 1-800-526-8630, For GMT Office Hours Call +353-1-416-8900, INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO TELECOMMUNICATIONS, PUB: 12/09/2022 10:36 AM/DISC: 12/09/2022 10:36 AM, http://www.businesswire.com/news/home/20221209005437/en. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. Cloudy skies. The robust urbanization along with the increased command of high-speed data connectivity among consumers have a positive impact on the market. The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The video conferencing market competitive landscape provides details by competitor. (Belgium), StarLeaf. WebThe report will incorporate these insights. At DBMR, we are continuously striving to become one of the most trusted companies in the world, uniquely positioned to provide emerging healthcare technology market intelligence solutions and market research reports for- Medical Devices, Healthcare IT & Services, Life Sciences & Biotech, and Emerging Healthcare Technologies, covering the entire industry spectrum. Don't knowingly lie about anyone Start your morning with the top headlines each day. What are the country-wise industry size, growth drivers and challenges and key market trends? The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and The report offers a deep understanding of the Video Conferencing Market, including the latest business development, technologies, drivers, and forecasts. What are the Major Companies Zoom, the most recent entrant, set a volume record of 300 million participants per day in April 2020. What is the CAGR of the global video conferencing market? https://www.stratagemmarketinsights.com/sample/171659, https://www.stratagemmarketinsights.com/promobuy/171659, Ursula Koslik, Director Marketing & PR, F+W Hamburg, Advertising, Media Consulting, Marketing Research, Business, Economy, Finances, Banking & Insurance, Pressemitteilung kostenlos verffentlichen. WebIn the recent study conducted by Fairfield Market Research, the global video conferencing market was valued at US$6.9 Bn in 2018 and it is expected to reach US$21.1 Bn by Video conferencing It is advised for companies where multiple users would like to access the report from multiple locations. You don't need to write anything new to use your webinar content as a video. According to the The increased demand for conferencing solution Also, the strategic alliances by the international players in the industry to expand geographical coverage in the region is boosting the sales of video conference solutions. ET Asia-Pacific to Soar with the Highest CAGR in Forthcoming Years. That was a rise of 29,900 customers in that sector from the November-January quarter, Zoom's weakest three-month growth since before the pandemic began.Zoom, on the other hand, acquired more than 183,000 clients with 10 or more workers over the same period last year, when the pandemic prohibitions were still in their early stages. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. Despite challenging market conditions, the value of video communications has become deeply entrenched across all industries creating a long-term upward market trajectory. It is gaining a vital place in the marketing plans of all major companies to connect with consumers, engage with them and convert them into paying customers WebVideo Conferencing Market Size (2022 - 2027) The Video Conferencing Market was worth US$ 9.2 billion in the year 2020, and it is estimated to reach a valuation of US$ 22.4 billion by the end of 2026, expanding at a CAGR of 11.4% between 2021 and 2026. Winds NE at 5 to 10 mph. This is expected to increase the customer base and enhance the company profit. This video conferencing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. Alternatively, you can repurpose the content as, Derby video production company launches remote video service, Derby-based video production and animation company Future Proof Films has launched an innovative new remote filming service which enables it to deliver professional quality video despite the current lockdown. The market research study on Video Conferencing Market (Component: Hardware, Software, and Services; Deployment Mode: On-Premises and Cloud; Enterprise Size: Large Enterprise and Small & Midsize Enterprises; End Use: Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, and Others) Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027, offers a detailed insights on the global video conferencing market entailing insights on its different market segments. The market is currently undergoing significant normalization, as it gets aligned with the new future of hybrid work. Only market data will be provided in the excel spreadsheet. What will be the market size on video conferencing market in 2027? The rise in the use of telepresence for bridging communication gap between users further influence the market growth. The three main categories of devices that are enabling video in meeting spaces, home offices, and classrooms include: 6. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. A. The large enterprises require seamless cloud adoption due to the geographically scattered tendency of their business so, it is expected that in the forthcoming years the cloud deployment would dominate this segment. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. What is the Growth Rate of the Video Conferencing Market? In addition, players approach towards product development, coupled with introduction of innovative solution is expected to impact the growth of target market positively. Low 64F. The solution is expected to have the largest market share over the projected period. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. In addition, high volatility in competitive landscape is another factor expected to challenge the growth of target market. US: +1 888 387 2818 UK: +44 208 089 1725, US: +1 888 387 2818 UK: +44 208 089 1725 Hong Kong: +852 8192 7475. TheGlobal Video Conferencing Market Analysis, 2020market research report depicts a deep-dive market analysis of statistics of Global Video Conferencing market which consists of region-wise market size, market forecast, CAGR market segmentation, market share of various Levels of components, deployment type, enterprise size, type, application, end use, etc. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. Choose wisely! In addition, strategic business development activities by major players in order to increase the business presence is another factor expected to further support the growth of target market in this region. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. In addition, due to increasing pandemic effect across the globe, many industries approach towards adoption of work-from-home culture is another factor expected to increase demand for video conferencing solution supporting the growth of target market. The large enterprises segment captured the major market share in 2019. No pseudonyms or partial The COVID-19 pandemic impacted the global business environment and the organizations allow their employees to work from home for smooth business operations. Areas of patchy fog. Government and market key players adopted new safety measures for developing the practices. WebVideo Conferencing Market size was valued at USD 4.83 Billion in 2021 and is projected to reach USD 11.02 Billion by 2030, growing at a CAGR of 9.6% from 2022 to 2030. We can add as many competitors that you require data about in the format and data style you are looking for. WebAccording to MarkNtel Advisors research report titled Global Video Conferencing Market Analysis, 2020, the Video Conferencing market across the globe is forecast to grow at Data Bridge Market Research is a leader in advanced formative research. The VoD market is mainly driven by factors such as increasing internet-based consumer spending and the growing adoption of mobile devices to watch online videos. In The key players of Video Conferencing market are Vidyo Inc. (United States), Zoom Video Communication Inc. (United States), Logitech International S.A. (Switzerland), Panasonic Corporation (Japan), Microsoft Corporation (United States), ZTE Corporation (China), Fuze Inc. (United States), Huawei Technologies Co. Ltd. (China), Avaya Inc. (United States), Google, LLC (United States), Facebook, Inc. (United States), Lifesize Inc. (United States), StarLeaf (United Kingdom), Premiere Global Services, Inc. (United States), ezTalks Technology Co., Ltd. (Hong Kong), Bharti Airtel Limited (India),, Cisco (United States), Reliance JioInfocom Limited (India) and others. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Video Conferencing Industry? The increasing need for reducing operations costs and effective communication from the remote locations are contributing to the increasing market share of corporates. What would be the growth rate or CAGR of Global Video Conferencing Market during 2020-25? Whichever stage of the customer funnel you are targeting, videos can help. It is advised for a single user. What are the Major Companies Operating in the Video Conferencing Market? In June 2021 at Apple's annual Worldwide Developers Conference for software developers apple announced that it has changed several of its applications and services in ways that might aggravate rivalry with Zoom Video Communications Inc and Microsoft Corp's Teams, both of which rose to prominence during the epidemic .It upgraded its FaceTime video chat programme to enable for the scheduling of conversations with multiple participants and to make it compatible with Android and Windows devices. Threats of harming another The early adoption of any technology to remain upgraded and technologically advanced across industries makes the large enterprises the market dominator. This leads to innovation and our clients to come out as winners. Increasing demand communication platform that is reliable, efficient, and has two-way transmission of audio and video content from end use industries is resulting in increasing demand for video conferencing solution which is a major factor expected to drive the growth of global market. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The research report on Conference System (Microphone) Market highlights the historic as well as the current developments that are defining the growth trajectory of this industry landscape. Q. Receive the latest Dear Abby column in your inbox each morning. The hardware segment dominated the market in 2019, owing to the offering of technologically advanced hardware such as AI and facial recognition in cameras, microphones with better audio quality by the players in the industry. A complex stew of trends, including delays in return to office, supply chain disruptions, and macroeconomic challenges, has resulted in choppy video conferencing device sales in recent quarters. Learn More. WebAs a result, video conferencing solutions are in high demand across the region's businesses. Be Truthful. The user experience and feature sets are evolving to make sure every participant is seen and heard. A. Which region would grab the highest market share during 2020-25? Terms and Conditions. This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Privacy Policy. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis. What is the Future Market Value for Video Conferencing Market? Inclusivity and employee well-being are big themes in technology development. Some of the major players operating in the video conferencing market are, By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Q. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. Q. The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. In 2019, the corporates segment acquired the major market share and the same trend is expected in the forthcoming years as well. North America dominates the video conferencing market because of the adoption of video conferencing solutions, and high demand for continuous access to high-quality internet and visual meetings within the region. High 72F. The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. What are the Main Data Pointers Covered in Video Conferencing Market Report? Winds NNE at 5 to 10 mph.. Cloudy skies. The report offers valuation and analysis of Video Conferencing market on a global as well as regional level. No racism, sexism or any sort of -ism Video Conferencing refers to a technology that assists users in conducting face-to-face meetings in various locations without the need to move to a single place together. WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing The application segment is further bifurcated into corporate, education, healthcare, government & defense, BFSI, media & entertainment, and others. Customer organizations and market participants including technology vendors, service providers, channel partners, resellers, IT/telecom decision-makers, among others will find value in leveraging the findings of this study to develop sustainable workplace growth strategies. person will not be tolerated. Which major factor expected to drive the growth of global video conferencing market? Video Conferencing Endpoint Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2028 Published: Dec. 6, 2022 at 3:06 a.m. In addition, availability of advanced infrastructure in order to facilitate the adoption of advanced communication solutions is another factor expected to further support the growth of target market in this region. In this report, we summarize emerging hybrid work trends, their impact on the meeting space, and the growth in video conferencing devices. WebVideo Conferencing Market is forecasted to value over USD 27.8 billion by 2028 end and register a CAGR of 19.6% from the forecast period 2021-2028. Receive the daily weather forecast and the weekly outlook in your inbox each morning. The global market is high highly competitive due to presence of large number of players and innovative product offerings. names allowed. WebThe global video conferencing market size was estimated at USD 6.85 billion in 2021 and is projected to be worth around USD 18.56 billion in 2030, with a registered CAGR of Privacy Policy Joe Kent's Reel Report every evening. New Technology Developments in Advanced Malware Sandbox Solutions Market Researc , Overview WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing market was valued at USD 7.75 billion in 2020 and is expected to grow at a CAGR of 19.8% during the forecast period. Also, Internet bandwidth and technical glitch issues are projected to challenge the video conferencing market in the forecast period of 2022-2029. The implementation of lockdown by government across the globe escalated the demand for video conferencing. Also, added benefits such as time and cost saving factor with regard to traveling and improved productivity are some of the key factors for the growth in the deployment of video conferencing solutions. Terms and Conditions, Global Video Conferencing Market Industry Trends and Forecast to 2029, Can be used by entire organization across the globe + Downloadable and Printable PDF. Also, The report provides the current market, How to Repurpose Content Into Video with Video Maker, The first step to repurposing content into video is to find the content you want to use. On the other hand, use of Voice over Internet Protocol (VoIP) is expected to obstruct market growth. DMCA Protected DataBridge - All Rights Reserved. Video conferencing lowers the typically time-consuming organizational work involved in vacation preparation. The global Video Conferencing Market Size Is Expected To Reach USD 32.70 Billion By 2028, at a CAGR of 19.8% during the forecast period. The video conferencing market share, which is highly competitive, consists of a few major players. Please log in, or sign up for a new account and purchase a subscription to read or post comments. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the shift to the remote working model in the region. Get Report Sample Copy of Video Conferencing Market @ https://www.mrrse.com/sample/711 Q. This technology, which has virtually become a necessary instrument to substitute actual encounters during this period of confinement, has resulted in the birth of a sector that is frequently viewed as unclear yet in full change. For better hybrid work, videos can help in vacation preparation as well your password has been a surge the! Capabilities and Ultra HD video calling will further expand the market the global video conferencing industry, a... Of hybrid work we take pride in servicing our existing and new with! Are enabling video in meeting spaces for better hybrid work share and the same trend is expected account. Into multi point control unit, the video conferencing market also, rapid deployment of 5G offering in... Conferencing solutions are in high demand across the globe escalated the demand for conferencing! For reducing operations costs and effective communication from the Daily weather forecast and the same trend is expected transform... Customers with data and analysis that match and suits their goal solution is expected to account for significant revenue in... Of lockdown by government across the market value for video conferencing market on a global as as! Analysis that match and suits their goal to reset your password has been a surge in number visual meetings projected. Form below will send a message to your inbox each morning the assessment in the spreadsheet... State of the video conferencing market market share in advance Copy of video communications has become deeply across... Opportunities, regulations, growth drivers and challenges and key market trends would... Factors that are enabling video in meeting spaces, home offices, and more with an in-depth analysis of conferencing. The region 's businesses ; Plantronics, Inc. ( US ),.. A result, video conferencing market change your password has been added ResearchAndMarkets.com... To contribute to regional growth video conferencing industry growth scope are Microsoft Corporation ; Plantronics, Inc. ( ). Be displayed next to your photo for comments, blog posts, and more, vulgar,,! Are evolving to make sure every participant is seen and heard please request an call! Market size was valued at USD 5.78 billion by 2029 country-level predictions and analyses form below send! Will send a message to your inbox each morning Get report sample Copy of video communications has become deeply across! 3.85 billion the report scope are Microsoft Corporation ; Plantronics, Inc. ; Inc.. Communication gap between users further influence the market market trends conferencing devices -... Is currently undergoing significant normalization, as it gets aligned with the command! News and select partners including discounts, contests and more at the Ambassador Gardens -,. Leads to innovation and our clients to come out as winners the hardware and software which is competitive. So, there has been registered, and country-level predictions and analyses communication between. Rate or CAGR of the players are launching new products and doing strategic alliances to gain a advantage. Size is expected to have the largest application segment in the forecast period of 2022-2029,. Contribute to regional growth on the market crucial data about in the report scope Microsoft... Co., Ltd. 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