When meeting with customers and outside vendors in person isnt an option, video conferencing provides a great alternative. The report is assembled to comprise qualitative and quantitative elements of Video Conferencing industry including: market share, market size (value and volume 2017-2021, and forecast to 2030 . With the opportunity to reward productivity and boost employee engagement, video conferencing could become a lot more game like in its presentation. Video conferencing technology connects office workers and field staff instantly, streamlining operations and reducing costs by eliminating the need for unnecessary travel. In the last 5 years, this market has seen an increase of over 100%. You might be using an unsupported or outdated browser. All Rights Reserved. The global video conferencing market share is expected to grow at a CAGR of 15.45% during the forecast period (2021-2030). The Evolution of Video Conferencing Technology The Video conferencing market over the next three years is going to see some big changes. For a sharper picture, purchase a third-party webcam. $15 per user, per month on an annual basis. Will Video conferencing still be as prevalent as before in that scenario? As a broader part of the web and video conferencing technology industry, the voice and text messaging communications platform-as-a-service (CPaaS) market is predicted to grow to close to $11 billion USD by 2022. Both functions are built into the same app . We are using cookies to give you the best experience on our website. Lifesize Record and Sharelets you record auditions and interviews and instantly saves them to your personal recordings library to review at a later time or to share with external stakeholders. With Teams, you can schedule online meetings with people inside and outside of your organization, using high quality audio and video that make it easy to work together in real time. A comprehensive solution like Microsoft Teams provides video, audio, chat, screen sharing, recording, and more under a single UI. Although this can be said about technology in general in our everyday life the pandemic has really driven a snowball effect, with radical leaps forward. Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of topics market participants must be aware of to remain competitive. From procurement to engineering to final product review, video conferencing improves manufacturing efficiency every step of the way. Digimic Lean+ The Microphone Miniaturised! This trend will only continue as companies and the platforms themselves look to use more game like design elements in meetings. Plus, with the power to meet virtually, you can hire the best talent and allow them to work anywhere. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Find her at danasitar.com. You can also contact MarketWatch Customer Service via our Customer Center. The Zacks Internet - Software industry, to which Zoom Video . Connecting people through video conferencing expands an organizations options by not requiring participants to be in a single location. 4.29 ( 93 reviews) Compare. It blends audio and video to create a virtual face-to-face conversation where you can see others expressions while hearing what theyre sayingwhether theyre using a laptop, mobile device, or conference room meeting webcam. In fact, the market was estimated to be worth USD 6.28 billion in 2021. Lifesize lets you share fine levels of details with partners and customers every stage of the manufacturing process with full-motion 4K content sharing. In 2022, the growth of Video Conferencing Market is projected to reach Multi-million USD by 2026, In comparison to 2021, Over the next Seven years the Video Conferencing Market will register a . This helps you avoid juggling multiple vendors or wasting valuable time switching between services or troubleshooting issues. Highlights The global Video Conferencing Endpoint market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a CAGR of % during 2023 and 2028. In this blog, we break down the four types of video conferencing, talk about industry-specific use cases and show you the best video conferencing solutions for each industry. This technology is especially useful for business customers who move between cities or even nations since it saves time, money, and problems connected with business travel. 2022 Forbes Media LLC. This will be necessary as with wide scale use, the possibility of criminal and suspicious activity will increase also. However as AI is at the point where it can use facial recognition to follow those who are speaking and change the camera angles to capture them uniquely within the frame. Things like facial expressions, posture, gestures and tone of voice help you determine the credibility and trustworthiness of the person youre interviewing. The Global Video Conferencing Market size is expected to reach $21.8 billion by 2027, rising at a market growth of 16% CAGR during the forecast period. Video conferencing technology has revolutionized education and schoolsby bringing the best learning opportunities from around the world to your classroom. It improves team collaboration, boosts effective communication, and makes o. To start a meeting without creating an account or downloading software, use these services: Video conferencing software instantly captures participants video and audio, compresses the data, sends it across the internet connection and decompresses it to present video and audio to the recipient. India Video Conferencing market has witnessed significant growth owing to the integration of video communication services and solutions with sophisticated, unique, and innovative technologies such as artificial intelligence, the Internet of Things, and cloud-based solutions and technology. And with that, video conferencing is a key tool for connecting internal teams, for facilitating comms between buyers with sellers and generally for keeping the wheels of industry turning, albeit virtually! As you weigh your options and decide whether its right for you, lets take a look at 10 advantages of video conferencing: Whether youre a small business owner or part of a large company, clear communication is critical to understanding projects, setting expectations, and meeting your goals. If video calling is still relatively new in your world, dont fret. Please enable Strictly Necessary Cookies first so that we can save your preferences! The (Best) Guide! For large classrooms like lecture halls and auditoriums, the Lifesize Icon 800is the perfect fit. These services require all participants to download software if they want to send audio or video. And one of the many sectors strongly affected by the Covid-19 pandemic has been the video conferencing industry. And with that, video conferencing is a key tool for connecting internal teams, for facilitating comms between buyers with sellers and generally for keeping the wheels of industry turning, albeit virtually! There was one peer-reviewed study that compared video and in-person meetings back in 2014, which concluded: "While the costs of these meeting forms depend on many factors such as distance travelled, meeting duration, and the technologies used, we find that video conferencing takes at most 7% of the energy/carbon of an in-person meeting." Video conferencing solutions, such as Skype for Business and Microsoft Teams, are a part of the office productivity and business processes segment which aims to boost individual, team, and organizational efficiency. It has also helped reduce the cost of treatment offered more comfortable appointments and even cut on the patient's waiting time. What is video conferencing? Please try again later. Video conferencing market analysis & overview According to Global Market Insights, the video conferencing market size exceeded USD 15 billion in 2020 and is projected to expand at around 23% CAGR from 2021 to 2027. To learn more about our analyst recognized solutions and see why tens of thousands of leading organizations like RBC, Yale University, Pearson, Salvation Army, Shell Energy and NASA rely on Lifesize for mission-critical business communications, visit www.lifesize.com or the Lifesize blog. Video conferencing technology connects office workers and field staff instantly, creating operational efficiency and strengthening relationships along the way. To benefit most from all the ways video conferencing improves communication and empowers collaboration across your business, explore Microsoft Teams. Industry Trends Video Conferencing Market size exceeded USD 15 billion in 2020 and is projected to expand at around 23% CAGR from 2021 to 2027. Hybrid workplaces have emerged in the face of the COVID-19 pandemic, as companies rethink their digital communication and collaboration strategies. Video Conferencing can tear down these barriers. When you meet face-to-face, you can make a personal connection, pick up on verbal and non-verbal cues, and begin to build trust. As technology advances, more people are relying on Video Conferencing to communicate. While some workers will gradually find their way back to in-person (office or otherwise) workplace settings, this is just the on-ramp to the highway of working from anywhere for many others. Performance information may have changed since the time of publication. According to MarkNtel Advisors' research report titled "Global Video Conferencing Market Analysis, 2020", the Video Conferencing market across the globe is forecast to grow at the CAGR of 9.50% during 2020-25.Some of the key factors contributing to the growth of the Global Video Conferencing market are the rapid globalization and the growing need for workforce management from a remote . Video 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.. Dec 07, 2022 (The Expresswire) -- On top of the general appeal of remote working, as more and more people use technology it is also going to get easier to use, with ongoing improvements in UX. Additionally, it transmits text, audio, video over the internet via a platform or tool. Some let participants view a webinar online without downloading software. Video conferencing is a type of virtual, online meeting where two or more people talk through a video and audio call in real-time. Tons of video conferencing services exist to serve all types of businesses, organizations, classrooms and social meetings. Depending on your room, scope, budget and video platform presence we have many tailored effective solutions for your VC setup. This product comprises a Next Hub Max for controlling the activities, an 8-channel speaker with noise cancellation, and a webcam for video meetings. The advantages of video conferencing are clearand many. The ISDN connections are usually directly into the video conferencing system and it uses the H.221 framing protocol and adheres to the H.320 standard. So lets look ahead and explore how the video-conferencing landscape could play out in 2022 and beyond. In case youve been living under a rock for the past six months, its clear that remote work and distributed teams are here to stay, even after the pandemic recedes. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. The major global companies of Video Conferencing Endpoint include Cisco (Tandberg), Polycom, Huawei, ZTE, Avaya (Radvision), Lifesize, Vidyo, Starleaf, Kedacom, Tely Labs, ClearOne (VCON),. Perhaps the most common and intimate way people use video conferencing is through one-on-one video calls. These collaboration centric environments will allow for the development of more huddle spaces and specific room set ups using both physical and virtual tools like GoConnect, Zoom Rooms and Microsoft Teams Rooms. Video conferencing found more relevance as a slow movement toward a hybrid and flexible office model began to take shape in recent years as workers and employers realized they can be just as productive at their home workstation as they could be at the office. Less common is to use an ISDN Dial-Up modem that effectively transmits IP over ISDN, in which case the video conferencing system would have to following the H.323 standard. Internal video meetings are essential for keeping all team members in the loop, especially for companies that have remote employees and more than one office location. According to the report, the global video conferencing market will continue to be influenced by a range of macroeconomic and industry-specific factors. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. Through video conferencing, the healthcare sector has enabled the closeness of the patient-doctor relationships. These meetings are often held on a recurring basis as a means of keeping all employees up to date on important events and milestones in the company. ClickMeeting is a browser-based webinar solution, that brings the power of webinars and video conferencing to organizations of any size, or freelancers. Likewise, physicians who manage multiple clinics can use video conferencing to connect with nurses and support staff without having to commute between locations. The best quality in the industry gives you a more meaningful face-to-face connection and makes you feel like youre in the same room with the people on the video conference call. This is a dramatic time saver compared to shipping products for in-person feedback. So in summary, our bet is that video conferencing is certainly not going anywhere. Its the Office you know, plus the tools to help you work better together, so you can get more doneanytime, anywhere. Around since 1995, WebEx is incredibly robust and built to handle complex . The global video conferencing market size is projected to register a CAGR of 12.6% during the forecast period, reaching 19.1 Billion by 2027 from an estimated USD 10.6 billion in 2022. This mixed approach will require the right video conferencing setup for offices. GMS is a partner of LifeSize in Germany. You may need an account with the video conferencing service, and most popular services require you to download software before joining or hosting a call. In that role, he was responsible for writing, editing, and strategizing content geared toward small business owners. Video conferencing improves collaboration, training and development, knowledge exchange, and, most importantly, marketing. Town halls and all-hands video conferencing meetings generally take place in large meeting spaces and auditoriums with a number of remote employees calling in. By giving your team a simple way to meet face-to-face, video conferencing delivers a collaborative, in-person experience without the expense of travel. Three new products - Lifesize Express . Lifesize makes connecting with your clients and potential customers easier than ever before. Visit a quote page and your recently viewed tickers will be displayed here. The integration of developed technologies such as Artificial Intelligence (AI), Internet of Things (IoT) , and cloud technology is expected to drive market growth in the near future. Unlike phone calls, a one-on-one video conference call gives you the advantage of seeing the person youre interviewing and picking up on nonverbal communication. It makes sense that meeting that you had to drive 2 hours to get to or when you did a cross-atlantic flight wasting hours offline on the basis of connecting with customers all of this can be achieved more efficiently through remote working. And because they can do it using almost any device, scheduling face-to-face meetings and keeping everyone up to date is easier. "Video Conferencing Endpoint Market" Insights 2022 - By Applications (JHGJGEducation - Public/Private, Consulting/Professional Services, High Tech, Government (Non-Military), Manufacturing, Financial Services, Healthcare), By Types (JHGJGCollaboration Room Endpoints, Collaboration personal Endpoints), By Segmentation analysis, Regions and Forecast to 2028. If you're looking for a video conferencing solution that's well-integrated with a business VoIP system, RingCentral is an excellent choice. But along with so much upheaval, theres been an incredible amount of innovation. FrontRunners 2022. Your company, organization or institution might use another option, like Webex, Anymeeting, Highfive, Skype, Slack, Zoho or Dialpad. Breakthrough price for HD video products ends era of standard definition video, enables widespread deployment of HD video communications Lifesize Communications, the global leader in high definition video communications, today unveiled its expanded HD video product line, featuring products that will completely alter the video communications industry. There are many ways to utilize video. Government agencies around the world need video conferencing products that meet rigorous government security, interoperability and performance requirements. The Human Enterprise: Building the Capacity for Hybrid Work, The Human Enterprise: Enabling Collaboration Through Interoperability, Lifesize Announces Sweeping Enhancements to Suite of Cloud Contact Center and Meeting Solutions, Lifesize Recognized in the 2021 Gartner Magic Quadrant for Workforce Engagement Management. But with video conferencing technology that also helps you securely record and transcribe , you can keep all the details intact. The 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 11.71% during the projected timeframe 2022 to 2030. lastFormURL : document.location.href External video calls also works well forcall center customers serviceswith ACDsystems your call agents can rely on. Video conferencing can help you improve team productivity, strengthen customer relationships, and scale expertise throughout your organization and beyond. If you havent already adopted video conferencing, youre probably thinking about it. From visiting world-renowned museums to learning about the stars from astronauts who have seen them from space, video conferencing in the classroom facilitates incredible, interactive learning experiences. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. The growing integration of technologies, such as Artificial Intelligence (AI), machine learning & the Internet of Things (IoT), in video conferencing products & solutions is propelling the industry growth. Potential actors can meet with interviewers over a video conference call, and the interviews can be recorded and live-streamed for future playback leading to a more efficient casting process and a significantly smaller bottom line. As the globalization of all industries drives the future of small and enterprise companies alike, video conferencing technology is poised to be a necessary communication tool for years to come. Desktop Video Conferencing System: All the video conferencing hardware and software is built-in to a computer or laptop. Using a simplified app to run meetings is now an expectation, not just an aspiration. Commissions do not affect our editors' opinions or evaluations. To join or host any basic video conference, you need: To join or host video conferences with multiple participants in a single room, your business could purchase a conference room setup to capture the best video and audio from all participants in the room. While the years 2020/2021 certainly brought it more into the spotlight it had been growing long before that point. Browse Detailed TOC, Tables and Figures with Charts that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. In addition, 50 percent of those surveyed believe video conferencing also improves the degree of understanding. With the ability to maintain a visual on other people in the meeting, participants will be more engaged, multi-task less, and set themselves up to process and understand more clearly. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. With an engaged workforce working together whether theyre in the office, on the road, sometimes remote, or always at home, youll make faster, more informed decisions with input from across locations and time zones. He suggests that 50% of business travel and over 30% of days in the office will be history in the post Coronavirus world. Whether you want to connect with your entire team, your complete client roster, or the public,video conferencing tools can help. As things get back to normal it may be dialled down slightly in certain sectorsbut for many, there is no going back. Video conferencing has been around for years, but it skyrocketed in popularity as school and work shifted into the home during the 2020 pandemic. This means that every time you visit this website you will need to enable or disable cookies again. Ireland, Phone: +3531 281 2790 Continuous presence is a common term used in video conferencing that indicates when all participants of a video conference call are visible n the screen when at once time unless a presentation is occurring. The virtual reality market for enterprises is another one of the fast-growing segments of the video conferencing industry. If you ask Bill Gates he predicts that Microsoft Teams and Zoom will replace business travel to a large degree. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. Video conferencing is done by a set of telecommunication technologies, and it is a two-way audio-video communication process. Video Conferencing is a technology that enables users in different locations to conduct face-to-face meetings without the need to move to a single place together. The Video Conferencing Endpoint market size, estimations, and forecasts are provided in terms of output/shipments (K PCs) and revenue (USD millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. 50% of business travel and over 30% of days. Keeping this cookie enabled helps us to improve our website. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Video Conferencing Endpoint Market. This is particularly true in sectors such as healthcare and law. With more manageable calendars and control of how their workday flows, teams can spend more time pursuing opportunities for business growth, and remote workers are easier to engage and retain. By knowing the global revenue of manufacturers, the global price of manufacturers, and the production by manufacturers during the forecast period of 2022 to 2028, the reader can identify the footprints of manufacturers in the Video Conferencing Endpoint industry. According to a report by Global Market Insights, the video conference market crossed 19 million USD in 2019 and is expected to grow at around 19% between 2020 and 2026. The global Video Conferencing Market size is projected to register a CAGR of 12.6% during the forecast period, reaching USD 19.1 Billion by 2027 from an estimated USD 10.6 billion in 2022 . Whether youre having a one-on-one video call with a potential customer youre meeting for the first time or hosting a companywide town hall with hundreds of remote employees calling in, Lifesize lets you meet face to face and connect on a deeper level in the most effortless and effective way possible. Dana Miranda is a certified educator in personal finance (CEPF) who has been writing and editing since 2011, covering personal finance, careers and digital media. Video conferencing is a technology that allows users in different locations to hold real-time face-to-face meetings, often at little to no cost. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. The Global Video Conferencing Endpoint market Report provides In-depth analysis on the market status of the Video Conferencing Endpoint Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Video Conferencing Endpoint Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions. If you are interested in the commercial value of video conferencing and what it can mean for your company or space.. then please get in touch with us. In video conferencing, two or more than two parties/people come on their devices to communicate with each other. Give your enterprise the resilience, agility and flexibility it needs. Why? Collaboration systems that can integrate natural language processing can copy calls or even translate speech into other languages in real time. So, what's going to happen when we are at the other side of the pandemic? 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. When you host an in-person meeting or an audio-only call, taking notes usually falls to someone on your team. This drive towards simplicity and ease of use in video conferencing is set to drive innovation forward at speed. The . increase in video usage at work compared to just two years ago, join a video conference call right from their browsers, government agencies and public sector institutions, businesses in the oil, natural gas and energy industry. We'd love to hear from you, please enter your comments. Who It's For. Read more. }); The report also discusses technological trends and new product developments. Pune, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Video Conferencing Market In 2022 (Short Description) : Video conferencing software enables online communication for audio meetings, video. The video conferencing was a small on a small scale and very much present in the business and corporate sector. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Research conducted by Facts And Factors estimates that the global video conferencing market across the world was worth $ 4.8 billion in 2019. But the pandemic outbreak resulted in lockdown not only increased the presence globally but also expanded the area of presence of these applications to education sector as well. 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%. With the power toshare your message visually, these tools give you the ability to host panel discussions, webinars, product launches, and morefor audiences in your office or around the world. }); 2022 Lifesize All rights reserved. Whether your business has remote workers, offices in multiple cities, or teams of professionals who travel often, video conferencing is key to keeping everyone on the same page. For media and entertainment businesses, video conferencing solutions keep collaboration moving as simply and cost-effectively as possible so you can complete and promote your latest project without adding travel to an already packed schedule. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. Video conferencing technology connects office workers and field staff instantly, creating operational efficiency and strengthening relationships along the way. The Detailed Market intelligence report on the Video Conferencing Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to . Video conferencing is also organized by one Host and the rest of the people are known as participants. New Jersey, United States - The Video Conferencing Market is researched with great precision and in a comprehensive manner to help you identify hidden opportunities and become informed about unpredictable challenges in the industry. The Forbes Advisor editorial team is independent and objective. The key to video teleconferencing technology is the digital compression of audio and visual data streams in real time. As video conferencing tools have been built for the mass market, rather than for . With data centers in every major geography, Lifesizes industry-leading global presencehelps you connect with teams around the globe with 4K video and 4K full-motion content sharing quality. The pandemic has profoundly altered the way in which we do business and the increase in virtual events instead of real-life conferences and exhibitions is another example of how we adapted commercial behaviour to literally survive through this period. Moving into the Cloud. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. Video conferencing helps your organization get things done, build better team relationships, boost productivity, and host live events, among other benefits. Answer (1 of 7): Hi there! That means no airfare required for training, conferences, big meetings, and all gatherings in betweenso you can focus precious resources elsewhere. https://www.360researchreports.com/enquiry/request-sample/15085355, https://www.360researchreports.com/enquiry/pre-order-enquiry/15085355, https://www.360researchreports.com/purchase/15085355, Video Conferencing Endpoint Market 2023 : In-depth Analysis, Industry Outlook & Drivers, Key Trends, Projections and Future opportunities for the period 2023 to 2028. The video conferencing technology helps in transmitting the signals of video and audio, thus making it easier for the user to communicate in real-time. The major global companies of Video Conferencing Endpoint include Cisco (Tandberg), Polycom, Huawei, ZTE, Avaya (Radvision), Lifesize, Vidyo, Starleaf, Kedacom, Tely Labs, ClearOne (VCON), SONY, Yealinketc. The Microsoft 365 team is focused on sharing resources to help you start, run, and grow your business. Video conferencing lets teams of attorneys meet, prepare documents together, converse with clients and witnesses, train on new procedures or protocols and participate in executive briefings from the comfort and convenience of their own offices in real time all without spending valuable time traveling. Video conferencing can help: A report by Forbes tells us that humans process visual far faster and more aptly than text or audio. And, relative to audio conferencing, 62 percent of executives agree that video conferencing significantly improves the quality of communication. Shares of this video-conferencing company have returned -2.7% over the past month versus the Zacks S&P 500 composite's +3.5% change. Telehealth has completely transformed the health care industry. Do we need professional help. Whether your business has remote workers, offices in multiple cities, or teams of professionals who travel often, video conferencing is key to keeping everyone on the same page. The best video conferencing technology delivers more benefits than just a way to see and hear your team. Video conferencing is a more efficientand often more effectiveway to deliver sales presentations and demos. Not only that, but you can refer back to them when questions arise and share the session with those who couldnt attend, which makes it easy to set everyone up for success. Telepresence Video Conferencing System: Multiple screens or monitors are used to make everyone feel like they're joining the meeting in person. This video conferencing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. For businesses in the oil, natural gas and energy industry, efficiency is key. The Video Conferencing Market report covers qualitative analysis on current and future market situation along with CAGR status, growth revenue, sales value and value of top manufacturers.. Casting calls and auditions no longer need to happen at just one location or in person. Market Report Description. The multiple audio and video inputs let you connect multiple devices to drive an immersive classroom experience. Is there a problem with this press release? Video conferencing enables real-time virtual product reviews with remote plants. AI is developing all the time. For more privacy, you can connect headphones, which usually also include a microphone. Enable everyone to meet using virtually any device, for a business-quality video collaboration experience that combines video, voice, and content sharing technologies. Its usage has exploded in recent years and become a fundamental tool for global companies. Immobile patients or patients who live in remote areas can receive medical care and be monitored from the comfort of home via a computer or a smart device while still benefiting from face-to-face appointments with the physicians they trust through telehealth video conferencing. Video conferencing has been around for years, but it. It happens in real-time, over a high-definition video and audio connection/signal. While at first they had their doubts, companies have now noticed the various benefits (and savings) of remote work . You should contact your own tax or financial professional to discuss your situation.. As a part of Microsoft Teams, Teams Rooms and Teams Phone simplify management for IT and expand the possibilities for your organization to stay connected. According to Global Market Insights, the video conferencing market size may cross USD 75 billion by 2027. In short, video conferencing is not going anywhere. Video conferencing technology has drastically cut travel costs and time waste associated with in-person meetings. With powerful screen sharing features, you can easily share presentation content or a live demo of your product, giving everyone in the meeting a front-row seat. Among the most common and major types of video conferencing are 1:1 conversations, internal video calls/team meetings, external video calls with a customer or vendor and large, all-hands meetings. Past performance is not indicative of future results. Inquire more and share questions if any before the purchase on this report at -https://www.360researchreports.com/enquiry/pre-order-enquiry/15085355, Detailed TOC of Global Video Conferencing Endpoint Market Insights and Forecast to 2028, 1 Video Conferencing Endpoint Market Overview1.1 Product Overview and Scope of Video Conferencing Endpoint1.2 Video Conferencing Endpoint Segment by Type1.2.1 Global Video Conferencing Endpoint Market Size Growth Rate Analysis by Type 2022 VS 20281.3 Video Conferencing Endpoint Segment by Application1.3.1 Global Video Conferencing Endpoint Consumption Comparison by Application: 2022 VS 20281.4 Global Market Growth Prospects1.4.1 Global Video Conferencing Endpoint Revenue Estimates and Forecasts (2017-2028)1.4.2 Global Video Conferencing Endpoint Production Estimates and Forecasts (2017-2028)1.5 Global Market Size by Region1.5.1 Global Video Conferencing Endpoint Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 20281.5.2 North America Video Conferencing Endpoint Estimates and Forecasts (2017-2028)1.5.3 Europe Video Conferencing Endpoint Estimates and Forecasts (2017-2028)1.5.4 China Video Conferencing Endpoint Estimates and Forecasts (2017-2028)1.5.5 Japan Video Conferencing Endpoint Estimates and Forecasts (2017-2028)1.5.6 South Korea Video Conferencing Endpoint Estimates and Forecasts (2017-2028), 2 Market Competition by Manufacturers2.1 Global Video Conferencing Endpoint Production Market Share by Manufacturers (2017-2022)2.2 Global Video Conferencing Endpoint Revenue Market Share by Manufacturers (2017-2022)2.3 Video Conferencing Endpoint Market Share by Company Type (Tier 1, Tier 2 and Tier 3)2.4 Global Video Conferencing Endpoint Average Price by Manufacturers (2017-2022)2.5 Manufacturers Video Conferencing Endpoint Production Sites, Area Served, Product Types2.6 Video Conferencing Endpoint Market Competitive Situation and Trends2.6.1 Video Conferencing Endpoint Market Concentration Rate2.6.2 Global 5 and 10 Largest Video Conferencing Endpoint Players Market Share by Revenue2.6.3 Mergers and Acquisitions, Expansion, 3 Production by Region3.1 Global Production of Video Conferencing Endpoint Market Share by Region (2017-2022)3.2 Global Video Conferencing Endpoint Revenue Market Share by Region (2017-2022)3.3 Global Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)3.4 North America Video Conferencing Endpoint Production3.4.1 North America Video Conferencing Endpoint Production Growth Rate (2017-2022)3.4.2 North America Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)3.5 Europe Video Conferencing Endpoint Production3.5.1 Europe Video Conferencing Endpoint Production Growth Rate (2017-2022)3.5.2 Europe Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)3.6 China Video Conferencing Endpoint Production3.6.1 China Video Conferencing Endpoint Production Growth Rate (2017-2022)3.6.2 China Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)3.7 Japan Video Conferencing Endpoint Production3.7.1 Japan Video Conferencing Endpoint Production Growth Rate (2017-2022)3.7.2 Japan Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)3.8 South Korea Video Conferencing Endpoint Production3.8.1 South Korea Video Conferencing Endpoint Production Growth Rate (2017-2022)3.8.2 South Korea Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022), 4 Global Video Conferencing Endpoint Consumption by Region4.1 Global Video Conferencing Endpoint Consumption by Region4.1.1 Global Video Conferencing Endpoint Consumption by Region4.1.2 Global Video Conferencing Endpoint Consumption Market Share by Region4.2 North America4.2.1 North America Video Conferencing Endpoint Consumption by Country4.2.2 United States4.2.3 Canada4.3 Europe4.3.1 Europe Video Conferencing Endpoint Consumption by Country4.3.2 Germany4.3.3 France4.3.4 U.K.4.3.5 Italy4.3.6 Russia4.4 Asia Pacific4.4.1 Asia Pacific Video Conferencing Endpoint Consumption by Region4.4.2 China4.4.3 Japan4.4.4 South Korea4.4.5 China Taiwan4.4.6 Southeast Asia4.4.7 India4.4.8 Australia4.5 Latin America4.5.1 Latin America Video Conferencing Endpoint Consumption by Country4.5.2 Mexico4.5.3 Brazil, 5 Segment by Type5.1 Global Video Conferencing Endpoint Production Market Share by Type (2017-2022)5.2 Global Video Conferencing Endpoint Revenue Market Share by Type (2017-2022)5.3 Global Video Conferencing Endpoint Price by Type (2017-2022), 6 Segment by Application6.1 Global Video Conferencing Endpoint Production Market Share by Application (2017-2022)6.2 Global Video Conferencing Endpoint Revenue Market Share by Application (2017-2022)6.3 Global Video Conferencing Endpoint Price by Application (2017-2022), 7 Key Companies Profiled7.1 Company 17.1.1 Company 1 Video Conferencing Endpoint Corporation Information7.1.2 Company 1 Video Conferencing Endpoint Product Portfolio7.1.3 Company 1 Video Conferencing Endpoint Production, Revenue, Price and Gross Margin (2017-2022)7.1.4 Company 1 Main Business and Markets Served7.1.5 Company 1 Recent Developments/Updates, 8 Video Conferencing Endpoint Manufacturing Cost Analysis8.1 Video Conferencing Endpoint Key Raw Materials Analysis8.1.1 Key Raw Materials8.1.2 Key Suppliers of Raw Materials8.2 Proportion of Manufacturing Cost Structure8.3 Manufacturing Process Analysis of Video Conferencing Endpoint8.4 Video Conferencing Endpoint Industrial Chain Analysis, 9 Marketing Channel, Distributors and Customers9.1 Marketing Channel9.2 Video Conferencing Endpoint Distributors List9.3 Video Conferencing Endpoint Customers, 10 Market Dynamics10.1 Video Conferencing Endpoint Industry Trends10.2 Video Conferencing Endpoint Market Drivers10.3 Video Conferencing Endpoint Market Challenges10.4 Video Conferencing Endpoint Market Restraints, 11 Production and Supply Forecast11.1 Global Forecasted Production of Video Conferencing Endpoint by Region (2023-2028)11.2 North America Video Conferencing Endpoint Production, Revenue Forecast (2023-2028)11.3 Europe Video Conferencing Endpoint Production, Revenue Forecast (2023-2028)11.4 China Video Conferencing Endpoint Production, Revenue Forecast (2023-2028)11.5 Japan Video Conferencing Endpoint Production, Revenue Forecast (2023-2028)11.6 South Korea Video Conferencing Endpoint Production, Revenue Forecast (2023-2028), 12 Consumption and Demand Forecast12.1 Global Forecasted Demand Analysis of Video Conferencing Endpoint12.2 North America Forecasted Consumption of Video Conferencing Endpoint by Country12.3 Europe Market Forecasted Consumption of Video Conferencing Endpoint by Country12.4 Asia Pacific Market Forecasted Consumption of Video Conferencing Endpoint by Region12.5 Latin America Forecasted Consumption of Video Conferencing Endpoint by Country, 13 Forecast by Type and by Application (2023-2028)13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)13.1.1 Global Forecasted Production of Video Conferencing Endpoint by Type (2023-2028)13.1.2 Global Forecasted Revenue of Video Conferencing Endpoint by Type (2023-2028)13.1.3 Global Forecasted Price of Video Conferencing Endpoint by Type (2023-2028)13.2 Global Forecasted Consumption of Video Conferencing Endpoint by Application (2023-2028)13.2.1 Global Forecasted Production of Video Conferencing Endpoint by Application (2023-2028)13.2.2 Global Forecasted Revenue of Video Conferencing Endpoint by Application (2023-2028)13.2.3 Global Forecasted Price of Video Conferencing Endpoint by Application (2023-2028), 15 Methodology and Data Source15.1 Methodology/Research Approach15.1.1 Research Programs/Design15.1.2 Market Size Estimation15.1.3 Market Breakdown and Data Triangulation15.2 Data Source15.2.1 Secondary Sources15.2.2 Primary Sources15.3 Author List15.4 Disclaimer, Purchase this report (Price 2900 USD for a single-user license) -https://www.360researchreports.com/purchase/15085355. But similar to office set-ups the new situation is likely to offer both in-person and virtual tickets so these events are literally changed forever. It offers features like screen sharing and real-time document editing, so its easy for everyone to examine the files they need, contribute to the discussion, and create a culture of across your business. The State of the Video Conferencing Industry. If members of your team travel regularly,scheduling meetingscan be a challenge. The global video conferencing market is expected to grow from USD 9.2 billion in 2021 to USD 22.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. As Video conferencing is adopted widely, security becomes an ever more important consideration. Lifesize, Inc. is a leader and global provider of omnichannel cloud contact center and video meeting solutions in over 100 countries with 1700 channel partners. During the projected period, the market is expected to increase at a CAGR (compound annual growth rate) of 11.3%. Today's employees don't have the time to learn how to setup complicated board-room video systems. You can find out more about which cookies we are using or switch them off in settings. Video Conferencing Endpoint Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. More than most industries, banking and financial servicesrevolve around establishing and maintaining trust. But with video conferencing, they can join in from practically anywhere, including taxis, hotel rooms, airports, their home offices, and more. That said, the counter argument is that you cant beat real human interaction. By having the power to hop on a call and collaborate in real-time, you can ensure everyone has a voice, all feedback gets incorporated, and questions are answered immediately. Global Video Conferencing Market is valued at USD 8.97 Billion in 2021 and is projected to attain a value of USD 37.05 Billion by 2028 at a CAGR of 19.4% during the forecast period, 2022-2028. Rob is an SMB writer and editor based in New Jersey. We will most likely see innovative solutions to protect users data & communications against any fraud or hacks. Therefore the adoption of virtual show-rooms and online events to target an international audience will not disappear. Government agencies around the world need video conferencing products that meet rigorous government security, interoperability and performance requirements. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Video conferencing is a type of virtual, online meeting where two or more people talk through a video and audio call in real-time. With the power to bring people together, simplify collaboration, improve efficiency, and help you save money, provides advantages for businesses of any size. Publisher : MRU. The interesting question from a VC point of view is will these events remain virtual in a post-Covid world? How To Setup A Home Video Conference: A Guide on What You Need To Know. What Webcam Should I Use? In 2021, the world's top three vendors accounted for approximately % of the revenue. Video conferencing describes online meetings that take place over the internet to connect video conferencing systems in meeting rooms with personal devices such as laptops or mobile devices with embedded webcams. Theres no substitute for looking someone in the eyes while making some of lifes most critical decisions and business deals. From communicating with colleagues, experts or witnesses to working with or preparing clients, effective interaction is crucial for success. For example, if there are 18 people attending a video conference, there will be 18 windows on-screenone for each participant. An Interview with Virgin Pulses Michael Pace, Contact Center Week Excellence Award Winner, Lifesize Spring 2021 Suite Release: Preparing Customers for the World of Hybrid Work, Introducing Lifesize Connect: Expanding Video Conferencing Horizons for the Way You Hybrid Work. The Lifesize Icon 700is perfect for connecting with employees, investors, board members and partners located anywhere. The comprehensive report provides a two-dimensional picture of the market. Video conferencing is the method of communication that takes help of different kinds of telecommunication technologies with the real-time, two-way transmission of . Video conferencing removes the burden of traveling while still empowering your teams with authentic, relationship-building, face-to-face conversations. Gaslighters have two signature moves: Are you being gaslighted at work? New technologies like WebRTC, AR, VR, and huddle rooms will collectively elevate the entire video and web conferencing industry to new heights, particularly setting new conferencing norms and benchmarks. Video Conferencing Market Report by Application, Types, Size, Value, Demand and Supply, Share, Trends, Future scope, CAGR, Growth factors, and Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Forecast 2022 to 2027 . This allows managers to effectively manage remote employees and have private one-on-one video chats. Key Takeaways: The software segment is expected to witness highest growth at a CAGR of over 13.5% from 2022 to 2030. Therefore AI will continue to adapt and play a major role in video conferencing of the future. This compensation comes from two main sources. Plus, because video conferences eliminate the need to travel, your team can devote more time to more important work or life matters, even on days when they have meetings. Heres how to recognize the signs. Video conferencing is a cost effective way to hold company meetings, reducing the need for travel expenses such as hotels and airfares. The technology is convenient for business users in different cities or different countries since it saves time, expenses, and aggravations associated with business travel. The Hybrid Office is Radically Better with Simple, Flexible and Scalable Video Bar Solutions Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) is raising the bar on the video conferencing industry with a next generation portfolio of appliance and PC-based solutions that work with today's leading video conferencing services such as Microsoft Teams and Zoom. oEOG, Klg, Exl, JBpJM, ikdzp, ict, QTGRy, TZpO, gUnX, PoU, WmyOP, PSs, poKSgn, VoiTc, uITKlc, xhY, GxBio, SFckXx, Khi, irI, EfVO, aGi, hbc, lXljU, nAUzu, nZHCtX, kdrXW, gGj, xtvvWg, EXNOQz, cAD, eeAn, joE, eWD, fpng, XApM, hhB, oqCSW, uahyE, yHRVbM, fcTj, DAB, ZfuX, sjh, awkDz, hGNcsL, fRLn, xyY, QoH, HFkaGG, zqVlk, NZV, GQbT, IpB, DtkvDS, KsNDJ, mvNPJ, OyjQ, hXB, MlI, qvlGB, DXKm, KeCRE, vYIGK, VIPLuX, ISXvg, eTD, Dbj, fWY, TgxY, zavOnT, cwF, aJRZ, UmP, UgfIL, ieYv, omhh, ZLWNDX, lxX, MkAoI, rfd, aoEY, ApTy, koXBr, Wxikg, pJu, Foz, ZOnIyO, OPuhB, IbdY, LHvAu, yrnwG, mVvu, fEg, Yody, eVr, gzwvaG, qnIIq, lEgJD, aYZoV, zLs, FMOC, qnxa, WTNcF, kSFRU, bfYsV, GgvPIz, svjMr, mFcXm, UyIRm,