In 2020, Verizon acquired BlueJeans Network a service provider of video conferencing platform. (Belgium), StarLeaf. The increased demand for conferencing solution by year 2026 at a CAGR of 9.22% during the forecast period. Some of the players considered in the report scope are Microsoft Corporation; Plantronics, Inc.; Vidyo Inc.; and West Corporation. The launch of 5G technology contributed to the growth of video conferencing In addition, high volatility in competitive landscape is another factor expected to challenge the growth of target market. WebVideo Conferencing Market Growth, Trends, Industry Analysis and Forecast to 2025 . Coverage of Data Bridge is not restricted to developed or emerging economies. Which region expected to account for significant revenue share in 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. (UK), Pexip AS (Norway), Amazon Web Services, Inc. (US), Blue Jeans Network Inc. (US), Enghouse Systems Limited (Canda), Qumu Corporation (US), Lifesize (US), Kaltura, Inc. (US), Kollective Technology, Inc. (US), Sonic Foundry (US), and Fuze inc. (US), among others. by year 2026 at a CAGR of 9.22% during the forecast period. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. What is the Growth Rate of the Video Conferencing Market? Receive the most recent obituaries every afternoon. 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. Industries provided Work from Home and remote working options to their employees to prevent the spread of coronavirus. The 5-year revenue compound annual growth rate (CAGR) is a robust 23.9 percent with the total market reaching $11.25 billion in 2027. The above data points provided are only related to the companies' focus related to video conferencing market. Q. DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies. The video conferencing market competitive landscape provides details by competitor. WebVideo Conferencing Market Size (2022 - 2027) The Video Conferencing Market was worth US$ 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. Latest findings of the research report on Cloud Video Conferencing Market presents the growth prospects and performance potential of the market landscape People were refrained from going out of their houses, hence video conferencing technology was being highly deployed across various industries to continue the work. What are the country-wise industry size, growth drivers and challenges and key market trends? To know more, please request an analyst call or drop down your inquiry. In addition, players approach towards product development, coupled with introduction of innovative solution is expected to impact the growth of target market positively. What is the Growth Rate of the Video Conferencing Market? What are the Major Companies Operating in the Video Conferencing Market? 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 On the other hand, network infrastructure issues and issues of privacy and security are expected to obstruct market growth. Terms and Conditions. According to Apptopia, Inc. mobile application company Zoom application was downloaded 2.13 Mn times around the world on 23 March 2020. To gain more info on video conferencing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 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$ Keep it Clean. Q. 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. Who are the key competitors or market players and how they perform in the Global Video Conferencing benchmarking matrix? Copyright 2020 Market Growth Reports. 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. Receive updates on the latest issues of Coast Monthly. Those bigger customers will be critical to Zoom's long-term success since they generally commit to longer-term contracts than companies with only a few employees that prefer monetisation. 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. 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 location. By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research This acquisition is expected to help the company to expand the product portfolio and enhance the profit ratio. Press release - Stratagem Market Insights - Video Conferencing Rentals Market Analysis by Size, Demand, Future Trends, Challenges, Growth Opportunities and Forecast by 2029 - published on openPR.com 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. The global spread of the Coronavirus has resulted in an unprecedented demand for video conferencing solutions. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The implementation of lockdown by government across the globe escalated the demand for video conferencing. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for, Video Marketing Company in Delhi Video Marketing Company Delhi Video Marketing A . 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. Terms and Conditions. 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. However, APAC is expected to witness a robust growth in the forecast period of 2020-25 owing to the increasing adoption of video conferencing by the small-medium enterprises in the developing countries. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. .tg{border-collapse:collapse;border-color:#ccc;border-spacing:0;margin:0 auto}.tg td{background-color:#fff;border-color:#ccc;border-style:solid;border-width:1px;color:#333;font-family:Arial,sans-serif;font-size:14px;overflow:hidden;padding:10px 5px;word-break:normal}.tg th{background-color:#f0f0f0;border-color:#ccc;border-style:solid;border-width:1px;color:#333;font-family:Arial,sans-serif;font-size:14px;font-weight:normal;overflow:hidden;padding:10px 5px;word-break:normal}.tg .tg-lboi{border-color:inherit;text-align:left;vertical-align:middle}.tg .tg-fymr{border-color:inherit;font-weight:bold;text-align:left;vertical-align:top}.tg .tg-amwm{font-weight:bold;text-align:center;vertical-align:top}.tg .tg-0lax{text-align:left;vertical-align:top}, Global Video Conferencing Market Report Coverage. Explore detailed TOC, tables and figures of Global Video Conferencing Industry Market. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. 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 global market is high highly competitive due to presence of large number of players and innovative product offerings. and This information can help stakeholders to make appropriate decisions before investing. Explore detailed TOC, tables and figures of Global Video Conferencing Real Names required. Get a link to the latest e-Edition delivered to your inbox each morning. The video conferencing market was valued at USD 28.87 billion in 2021 and is expected to reach USD 41.41 billion by 2029, registering a CAGR of 11.30% during the forecast period of 2022-2029. The partnership aims at building new integrations between Microsoft Teams and SAP Solution, such as SAP SuccessFactors, SAP Customer Experience and SAP S/4HANA. In 2019, North America acquired the major market share. Microsoft said that its Teams collaboration platform had 44 million daily active users in March, up from 25 million in November. Q. Zoom Video Communications joined with Lumen in September2020. Get an email notification whenever someone contributes to the discussion. The players profiled in the report Huawei Technologies Co., Ltd., Logitech International S.A., Adobe Inc., Array Telepresence Inc., Avaya Inc., Cisco Systems, Inc., Microsoft Corporation, Plantronics, Inc., Vidyo Inc., Zoom Video Communications, Inc., and West Corporation. This is expected to increase the product portfolio and enhance the customer base. 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. This is the name that will be used to identify you within the system. Global Video Conferencing In Healthcare Market size is expected to reach US$ 709.16 Mn. It is advised for a single user. What is the historical year, base year and forecast year considered in the research report on Global Video Conferencing Market? The increasing need for reducing operations costs and effective communication from the remote locations are contributing to the increasing market share of corporates. 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. However, the need for consulting on deployment, maintenance, and repair, etc. 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. The long-term secular growth trends in hybrid work will drive the video-first transformation of meeting spaces, including investments in intelligent audio-video devices and digital whiteboards. Don't knowingly lie about anyone 2004 - 2022 openPR. Cloudy skies. Component, Deployment, Enterprise Size, End Use and Geography, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis. The publisher's research team has been covering evolving hybrid work practices and technologies that address the new future of work. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. The video conferencing market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 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. Your real name will be displayed next to your photo for comments, blog posts, and more! Which Countries Data is Covered in the Video Conferencing Market? It is advised for up to five users. 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 CAGR of the global video conferencing market from 2020-2027 is above 10.2%. Privacy Policy The report provides Automated Valet Parking (AVP) Technology market size analysis By Types, Application categories, and Regional-level analysis of the top geographies. Plan your fishing trips with Capt. For each region, the market size for different segments has been covered under the scope of report. What are the key results derived from the market surveys conducted during the course of the Global Video Conferencing market study? (Belgium), StarLeaf. WebRequest sample of market research report on Global Video Conferencing Industry Market. The $3.85 billion Terms and Conditions. and Video Conferencing Endpoint Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2028 Published: Dec. 6, 2022 at 3:06 a.m. The high availability of this telepresence offers safest, robust and reliable method of transport in the world. In 2020, Google as a safety precaution to the pandemic declared that work-from-home policy to be extended till 2021. The report offers a deep understanding of the Video Conferencing Market, including the latest business development, technologies, drivers, and forecasts. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. The Hereditary Genetic Testing Market research study is a professional report with premium insights into the size of the business, current patterns, drivers, risks, potential outcomes, and major segments. if you want to learn more check out this link: https://promo.com/for/online-video-maker. Also, rapid deployment of 5G offering innovations in telepresence with holographic conferencing capabilities and Ultra HD video calling will further expand the market. Why is it Increasingly Difficult to Grow? It includes examining and planning all the data acquired from the past in advance. High bandwidth is known to video quality. On the basis of control unit, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. DMCA Protected DataBridge - All Rights Reserved. Cigna Corp. (CI) offers opportunity stemming from the margin potential of biosimilars, one or anything. The Video Conferencing Market is Expected to Witness CAGR of 11.30% During the Forecast Period of 2022 to 2029. The rise in the use of telepresence for bridging communication gap between users further influence the market growth. Advanced Malware Sandbox Solutions Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. Once you have a list of topics to cover, you can break them down into a question and answer video. ICYMI also features select historical content. The report covers basic development policies and layouts of technology development processes. WebThe Video Conferencing Market is expected USD 41.41 billion by 2029. The global video conferencing market is segmented into component, deployment, enterprise size, and end use. 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. It likewise envelops the examination of information inconsistencies seen across different information sources. 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. 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. Notifications from this discussion will be disabled. Government and market key players adopted new safety measures for developing the practices. The report will be delivered in PDF format with printing rights and excel sheet. 2022 COPYRIGHT ALL RIGHTS RESERVED | ACUMEN RESEARCH AND CONSULTING. Rapidly Growing Video Conferencing Solution to Fuel Market Growth Based on the component, the market has been divided into solutions and services. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and On the other hand, use of Voice over Internet Protocol (VoIP) is expected to obstruct market growth. Press release - Stratagem Market Insights - Video Conferencing Rentals Market Analysis by Size, Demand, Future Trends, Challenges, Growth Opportunities Create a password that only you will remember. 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. Submitting this form below will send a message to your email with a link to change your password. The communications WebThe video conferencing market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%. The Video Conferencing Market is expected USD 41.41 billion by 2029. Winds NE at 5 to 10 mph. The report will be delivered in PDF format with printing rights. All rights reserved. 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. 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. By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Be Nice. 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 countries covered in the video conferencing market report are 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). 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. Which region would grab the highest market share during 2020-25? Not only may direct savings be made on travel expenses, but also on communication costs. The market data is analysed and estimated using market statistical and coherent models. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021 are helping the market share to increase. 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. High 72F. 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? WebRequest sample of market research report on Global Video Conferencing Industry Market. WebThe Video Conferencing industry is projected to grow from USD 8.97 Billion in 2021 and to reach USD USD 37.05 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of Why Asia Pacific is expected to witness faster growth? Among end use the software segment is expected to account for significant revenue share in the global market. Competitor Placement in MarkNtel Quadrant, North America Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, US Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Canada Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Mexico Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, South America Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Brazil Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Argentina Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Europe Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, UK Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, France Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Germany Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Italy Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Spain Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Asia-Pacific Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, China Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Japan Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, India Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Australia Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, South Korea Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Middle East and Africa Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, UAE Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Saudi Arabia Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, South Africa Video Conferencing Market Size, By Revenues (USD Million), 2015-2025F, Global Video Conferencing Market Policies, Regulations, Product Standard, Global Video Conferencing Market Intellectual Property Rights Analysis, Global Video Conferencing Market Hotspots & Opportunities. Companies Focus on Interoperability Integration to Make a Mark Short decision-making routes improve responsiveness. 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. The partnership allows Lumen to offer Zoom as part of its Unified Communications and Collaboration Suite. If you forget it, you'll be able to recover it using your email address. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. There is also no downtime, which is not always spent constructively while travelling. The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. The global video conferencing market is anticipated to grow at a CAGR of around 10.2% during the forecast period 2020 to 2027 and to reach around US$ 8.3 Bn by 2027. Get the latest local and national sports headlines deliveredto your inbox every morning. Please avoid obscene, vulgar, lewd, Low 64F. Q. (UK), Pexip AS (Norway), Amazon Web Services, Inc. (US), Blue Jeans Network Inc. (US), Enghouse Systems Limited (Canda), Qumu Corporation (US), among others. 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 What is the Future Market Value for Video Conferencing Market? Whichever stage of the customer funnel you are targeting, videos can help. The "Video Conferencing Endpoint market" report offers a thorough market analysis by addressing topics such as expansion drivers, industry trends, the Video Conferencing enable real-time two-way communication of audio as well as video Zoom, the most recent entrant, set a volume record of 300 million participants per day in April 2020. Video Conferencing is a method of conducting conferences or meeting through telecommunication technologies. such as rising For instance, Kinley and Pexip AS partnered in 2019 for the expansion of video conferencing business solutions in North America and EMEA. Threats of harming another What are the Major Companies The unit CAGR is forecasted at 15.3 percent driven by greater video-enablement of all meeting spaces for better hybrid work. In the long term, web conferencing decreases the amount of space needed, which reduces land consumption. 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. (US), Barco. 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). Privacy Policy The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. Areas of patchy fog. This is expected to increase the customer base and enhance the company profit. A. Don't Threaten. 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 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. The report will be delivered in PDF format without printing rights. Start your morning with the top headlines each day. The Industry Report forecasts the future growth of the market based on precise assumptions. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. (IDC, 2020) Pre-pandemic forecast: By 2021, over 80% of global internet traffic will be video. 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 Inclusivity and employee well-being are big themes in technology development. Global Cloud Video Conferencing Market Size was estimated at USD 7062.1 million in 2021 and is projected to reach USD 14662.05 million by 2028, exhibiting a CAGR of 10.82% during the forecast period. Receive the latest Dear Abby column in your inbox each morning. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. 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 In terms of video conferencing solution usage, the regional market is mature. Which component type would emerge as an opportunity area for players in Global Video Conferencing Market? The surge in high-speed data networks has enabled VoD service providers to. Which End-Use segment would emerge as an opportunity area for players in Global Video Conferencing Market? Data collection and base year analysis are done using data collection modules with large sample sizes. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR. 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. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. Receive email alerts anytime there is breaking news or a severe weather alert. Video conferencing These articles can be on any topic. The solution is expected to have the largest market share over the projected period. 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. 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. By end use the software segment is expected to account for significant revenue share in the global market. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. 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. What are the Main Data Pointers Covered in Video Conferencing Market Report? The large enterprises segment captured the major market share in 2019. Rapid advancements in application with advanced features along with enhanced safety is major factor expected to create new opportunities for players operating in the target market over the forecast period. 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. In todays world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. A. Winds NNE at 5 to 10 mph.. Cloudy skies. This report covers the market for business/professional use of video conferencing devices. Rise in the penetration of Internet of Things across the globe, Rise in the use of telepresence for bridging communication gap between users, Use of Voice over Internet Protocol (VoIP). The video conferencing market is segmented on the basis of component, hardware, deployment mode and application. The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. Global Video Conferencing Market Research Report 2022 gives detailed insights on geographical regions with industry size, share, growth segments and What are the players considered in the report scope? The increase in sales of devices such as smart phones and tablets across the globe is expected to further drive the market growth in the post-pandemic scenario. What will be the market size on video conferencing market in 2027? 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. 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. Key Questions Answered in the Market Research Report, Market Outlook, Segmentation and Statistics. Despite challenging market conditions, the value of video communications has become deeply entrenched across all industries creating a long-term upward market trajectory. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. Also, market share analysis and key trend analysis are the major success factors in the market report. racist or sexually-oriented language. The early adoption of any technology to remain upgraded and technologically advanced across industries makes the large enterprises the market dominator. Choose wisely! However, a high cost of the hardware and software which is required for video conferencing setup will restrain the market growth. Request Brochure Request Discount Customize This Report. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. According to the Video conferencing - sometimes called video conferencing, web conferencing or more simply "vision" - are computer tools that allow live connections to be established, between two or more distant parties, via the internet, with video, to simulate face to face meetings.Businesses may get significant financial benefits from Video conferencing. Expect mist and reduced visibilities at times. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The key players with a considerable share in the industry are Adobe Inc., Array Telepresence Inc., Avaya Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Logitech International SA, Microsoft Corporation, Polycom Inc., Vidyo Inc., West Corporation, etc. The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. Our analysts take pride in our clients success. Be Proactive. Revenue in USD Billion, Volumes in Units, Pricing in USD, 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). Data Bridge Market Research is a leader in advanced formative research. Your purchase was successful, and you are now logged in. 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. WebVideo Conferencing Market Size, Share, Growth, Sales, Trade, Shipment, Export Value And Volume With Sales And Pricing Forecast By 2025; Video Conferencing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 2025. Increasing internet penetration and surge in number visual meetings is projected to contribute to regional growth. The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry. The report summarizes the result of the assessment in the field of Automated Valet Parking (AVP) Technology Market from the global perspective. 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. 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. 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. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. The market report also examines the current state of the Advanced Malware Sandbox Solutions industry, as well as predicted future growth, technological advancements, investment, Growth Advancements Of Candidate Relationship Management (CRM) Software System M , Candidate Relationship Management (CRM) Software System Market: A thorough analysis of statistics about the current as well as emerging trends offers clarity regarding the Candidate Relationship Management (CRM) Software System Market dynamics. 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. 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. The idea is simple the team at Future Proof, Video Conferencing Market |video conferencing equipment,video conferencing softw , In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled Global Video Conferencing Market to its wide online database. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and, challenges Global Video Conferencing market? The use of video conferencing include negotiating business deals, negotiating business deals, and holding routine meetings. WebThe report will incorporate these insights. We won't share it with anyone else. Furthermore, the telepresence type gathered the major market share in 2019 owing to the benefit such as the ability to support the business enablement, improved productivity, etc. In 2020, North America dominated the video conferencing industry, with a revenue share of more than 39%. 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. The communications industry is growing at an exponential rate owing to the technological advancements in recent years and with the advent of 5G wireless network technology, this industry is Invalid password or account does not exist. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. 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 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. Therefore, the small-medium business organizations, as well as the employee interaction, would contribute to the demand for the video conferencing solutions for the flexibility and smooth business run which would contribute to the increasing market share in the forthcoming years 2020-25. The global Video Conferencing Market, which was estimated at 8.2 (USD Billion) in 2019 and is anticipated to accrue earnings worth 23.5 (USD Billion) by 2026, is set to record a CAGR of nearly 20.1% over 2020-2026. 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. 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. To know more about the research methodology, drop in an inquiry to speak to our industry experts. Secondly, the report covers global video conferencing market size and segment markets by component, deployment, enterprise size, end use and geography along with the information on companies operating in the market. The and Both are environmentally friendly and may be efficiently marketed. 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