video conferencing industry growth

According to MarkNtel Advisors research report titledGlobal 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. 2022 Decision Foresight. Video marketing is an innovative type of internet marketing in which corporate convert their already existing articles into short videos. 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). All Rights Reserved. People were refrained from going out of their houses, hence video conferencing technology was being highly deployed across various industries to continue the work. and The implementation of lockdown by government across the globe escalated the demand for video conferencing. Video Conferencing Market 2022 Growth Analysis and Industry Segmentation Market Report Hub November 22, 2022 Video Conferencing Market, Global Outlook and Forecast 2022-2030 is latest research study evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision Data collection and base year analysis are done using data collection modules with large sample sizes. 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. Be Proactive. What will be the market size on video conferencing market in 2027? 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. 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. Cigna Corp. (CI) offers opportunity stemming from the margin potential of biosimilars, one Terraces at The Ambassador Gardens - Tuesday, October 10, 2017. What are the Main Data Pointers Covered in Video Conferencing Market Report? The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. and The increase in preference for professional video conferencing depending on the bandwidth accelerate the market growth. Both are environmentally friendly and may be efficiently marketed. Areas of patchy fog. Explore detailed TOC, tables and figures of Global Video Conferencing Industry Market. Furthermore, the surging adoption of video conferencing in education sector and the healthcare sector in the U.S is one of the key contributing factors. 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 increasing need for reducing operations costs and effective communication from the remote locations are contributing to the increasing market share of corporates. Privacy Policy. The report summarizes the result of the assessment in the field of Automated Valet Parking (AVP) Technology Market from the global perspective. Global Cabin Air Filter Market - Industry Growth, New Trends and Forecast 2022 To 2027: Ken Research Sep 19, 2022 Terms and Conditions. The existence of many important companies, together with the rising popularity of Personal Devices options, which has resulted in widespread use of webcams and headphones, is likely to push market expansion even further. The increased demand for conferencing solution Video conferencing lowers the typically time-consuming organizational work involved in vacation preparation. The Global Video Conferencing Market is expected to growth at a CAGR 9.50 % during 2020-25. are generating the need for services in the Video Conferencing market. Get the latest local and national sports headlines deliveredto your inbox every morning. The report provides Automated Valet Parking (AVP) Technology market size analysis By Types, Application categories, and Regional-level analysis of the top geographies. (US), Barco. Video conferencing save coordination time and enhance staff productivity in organizations with many locations. names allowed. The surge in high-speed data networks has enabled VoD service providers to. 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. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. High bandwidth is known to video quality. (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. What are the units or denomination for measuring market value in the report? On the basis of control unit, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. Some of the players considered in the report scope are Microsoft Corporation; Plantronics, Inc.; Vidyo Inc.; and West Corporation. The robust urbanization along with the increased command of high-speed data connectivity among consumers have a positive impact on the market. WebRequest sample of market research report on Global Video Conferencing Industry Market. Which component type would emerge as an opportunity area for players in Global Video Conferencing Market? Privacy Policy By end use the software segment is expected to account for significant revenue share in the global market. person will not be tolerated. What is the CAGR of the global video conferencing 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. In 2019, North America acquired the major market share. 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. WebAs a result, video conferencing solutions are in high demand across the region's businesses. A complex stew of trends, including delays in return to office, supply chain disruptions, and macroeconomic challenges, has resulted in choppy video conferencing device sales in recent quarters. 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. Copyright 2020 Market Growth Reports. WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing Subscribe to Email Newsletters And Breaking News Alerts, State of the Video Conferencing Devices Market - Global Forecast to 2027: Market is Undergoing Seismic Changes in the Wake of Massive Work, Workplace, and Workforce Transformation - ResearchAndMarkets.com. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025. A. Receive email alerts anytime there is breaking news or a severe weather alert. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications. Why is it Increasingly Difficult to Grow? Whichever stage of the customer funnel you are targeting, videos can help. A. 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, Zoom, etc., are the leading players in the Global Video Conferencing market. Powered by Absolute Reports. 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 . The surging number of solution providers and emerging start-ups in countries such as the U.S and Canada are boosting the market growth. Driven by the shift to remote work, video adoption saw hyper-growth during the pandemic years. This leads to innovation and our clients to come out as winners. Global Video Conferencing Market Research Report 2022 gives detailed insights on geographical regions with industry size, share, growth segments and 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. The video conferencing market competitive landscape provides details by competitor. In 2020, Google as a safety precaution to the pandemic declared that work-from-home policy to be extended till 2021. WebThe 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. 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. Microsoft (US), Huawei Technologies Co., Ltd. (China), Cisco Systems, Inc. (US), Adobe. 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. Hardware accounts for the largest application segment in the respective market owing to the rise of the Internet of Things. Also, rapid deployment of 5G offering innovations in telepresence with holographic conferencing capabilities and Ultra HD video calling will further expand the market. For instance, Kinley and Pexip AS partnered in 2019 for the expansion of video conferencing business solutions in North America and EMEA. 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. On the other hand, use of Voice over Internet Protocol (VoIP) is expected to obstruct market growth. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR. All rights reserved. The Video Conferencing Market is Expected to Witness CAGR of 11.30% During the Forecast Period of 2022 to 2029. This video conferencing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. 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. This acquisition is expected to help the company to expand the product portfolio and enhance the profit ratio. Receive updates on the latest issues of Coast Monthly. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. Q. The report covers basic development policies and layouts of technology development processes. ICYMI is a weekly newsletter highlighting stories from the past week. Who are the key competitors or market players and how they perform in the Global Video Conferencing benchmarking matrix? By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research What is the Future Market Value for Video Conferencing Market? Asia-Pacific to Soar with the Highest CAGR in Forthcoming Years. Press release - Stratagem Market Insights - Video Conferencing Rentals Market Analysis by Size, Demand, Future Trends, Challenges, Growth Opportunities 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. 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 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. 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$21.1 Bn by WebVideo Conferencing Market Size (2022 - 2027) The Video Conferencing Market was worth US$ 9.2 billion in the year 2020, and it is estimated to reach a valuation of US$ 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. A. Be Nice. The global spread of the Coronavirus has resulted in an unprecedented demand for video conferencing solutions. On the other hand, network infrastructure issues and issues of privacy and security are expected to obstruct market growth. 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. (UK), Pexip AS (Norway), Amazon Web Services, Inc. (US), Blue Jeans Network Inc. (US), Enghouse Systems Limited (Canda), Qumu Corporation (US), among others. 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. 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. Also, market share analysis and key trend analysis are the major success factors in the market report. Copyright 2022 MarkNtel Advisors LLP - All Rights Reserved, By Components (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional Services, Managed Services)), By Deployment Type (On- Premise, Cloud), By Enterprise Size (Large Ente, By Components (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional Services, Managed Services)), By Deployment Type (On- Premise, Cloud), By Enterprise Size (Large Enterprise Small and Medium Enterprise), By Type (Telepresence, Integrated, Desktop, Service Based), By Application (Small Room, Huddle Room, Middle Sized Room, Large Rooms), By End- Use (Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, Others), By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America), By Countries (U.S, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Spain, Italy, UAE, Saudi Arabia, South Africa, China, Japan, India, Australia, South Korea, Others), By Company. What is the Growth Rate of the Video Conferencing Market? Who are the key competitors or players operating Global Video Conferencing market? By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research are helping the market share to increase. This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. 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. Plan your fishing trips with Capt. This is expected to increase the customer base and enhance the company profit. The technology is beneficial in the use of the latest HD audio and video technology, furnishings, interior design and media technology. WebThe global video conferencing market size was estimated at USD 6.85 billion in 2021 and is projected to be worth around USD 18.56 billion in 2030, with a registered CAGR of There is also no downtime, which is not always spent constructively while travelling. Global Video Conferencing In Healthcare Market size is expected to reach US$ 709.16 Mn. This information can help stakeholders to make appropriate decisions before investing. Terms and Conditions. Hardware segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share. Once you have a list of topics to cover, you can break them down into a question and answer video. Your purchase was successful, and you are now logged in. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021 In terms of video conferencing solution usage, the regional market is mature. Video Conferencing Market can be segmented on the basis of by product/service type (Camera, Microphone, Interactive Screens, Headphone, Other Hardware, Software, Service, Professional Services, Managed Services), By User (Corporate, MOOC, IT & Communication, Healthcare, Government & Defence, BFSI, and others) By Deployment (On Premise, and Cloud), By Market Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown. Inclusivity and employee well-being are big themes in technology development. WebThe video conferencing market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%. Get Report Sample Copy of Video Conferencing Market @ https://www.mrrse.com/sample/711 However, a high cost of the hardware and software which is required for video conferencing setup will restrain the market growth. 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. Government and market key players adopted new safety measures for developing the practices. 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. 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. It is advised for companies where multiple users would like to access the report from multiple locations. This comprehensive report analyzes, Online Video Platform Market Report 2018: Segmentation by Type (Video Analytics, , Global Online Video Platform market research report provides company profile for Ooyala Inc., MediaMelon Inc., Akamai technologies, Kaltura Inc., Panopto, Brightcove Inc., Frame.io, Inc., Limelight Networks Inc., YouTube, Comcast Technology Solutions and Others. 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 publisher's research team has been covering evolving hybrid work practices and technologies that address the new future of work. Furthermore, based on input from industry experts, the report provides actionable insights into the Hereditary Genetic Testing market's future growth to assist readers in developing effective strategies. At DBMR, we are continuously striving to become one of the most trusted companies in the world, uniquely positioned to provide emerging healthcare technology market intelligence solutions and market research reports for- Medical Devices, Healthcare IT & Services, Life Sciences & Biotech, and Emerging Healthcare Technologies, covering the entire industry spectrum. Key Questions Answered in the Market Research Report, Market Outlook, Segmentation and Statistics. 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 The high availability of this telepresence offers safest, robust and reliable method of transport in the world. By Product/Service type (Camera, Microphone, Interactive Screens, Headphone, Other Hardware, Software, Service, Professional Services, Managed Services), By User (Corporate, IT & Communication, Healthcare, Government & Defence, BFSI, ) By Deployment (On Premise, Cloud ), North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa). Invalid password or account does not exist. Webinars offer cutting-edge market ideas and solutions through virtual Internet forums to its executive clients. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. Rapidly Growing Video Conferencing Solution to Fuel Market Growth Based on the component, the market has been divided into solutions and services. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons to understand, Exclusive Report on Automated Valet Parking (AVP) Technology Market 2022 | Compe , 'Stratagem Market Insights' latest published report provides global insights into the Automated Valet Parking (AVP) Technology Market in 2022. 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. Global Video Conferencing In Healthcare Market size is expected to reach US$ 709.16 Mn. (US), Barco. It likewise envelops the examination of information inconsistencies seen across different information sources. 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. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. Q. In this report, we summarize emerging hybrid work trends, their impact on the meeting space, and the growth in video conferencing devices. Increasing internet penetration and surge in number visual meetings is projected to contribute to regional growth. In 2019, Zoom a cloud video conferencing company launched a series of new products and features with an aim to expand its ecosystem on both the hardware and software fronts. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and consumer sector. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. Winds NE at 5 to 10 mph. WebVideo Conferencing Market size was valued at USD 4.83 Billion in 2021 and is projected to reach USD 11.02 Billion by 2030, growing at a CAGR of 9.6% from 2022 to 2030. 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. Choose wisely! 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 Start your morning with the top headlines each day. Notifications from this discussion will be disabled. video 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. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. The video conferencing market is segmented on the basis of component, hardware, deployment mode and application. Why Asia Pacific is expected to witness faster growth? 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. Also, added benefits such as time and cost saving factor with regard to traveling and improved productivity are some of the key factors for the growth in the deployment of video conferencing solutions. Get an email notification whenever someone contributes to the discussion. 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). Video Conferencing enable real-time two-way communication of audio as well as video You don't need to write anything new to use your webinar content as a video. 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. Create a password that only you will remember. 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. This is the name that will be used to identify you within the system. The document also identifies significant trends and challenges for various market segmentations in an effort to increase stakeholder earnings between In addition, high volatility in competitive landscape is another factor expected to challenge the growth of target market. Video conferencing penetration rate will grow roughly 3X in 7 years (2020-2027) driven by the momentum for the video-first transformation of businesses and education. The solution is expected to have the largest market share over the projected period. Expect mist and reduced visibilities at times. However, the desktop segment is expected to exhibit significant growth in the near future due to cost-effectiveness and ease of useas stated in the MarkNtel Advisors research reportGlobal Video Conferencing Market Analysis, 2020. 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. In 2019, Avaya launched a cloud-based video conferencing and collaboration service. Zoom Video Communications joined with Lumen in September2020. Learn More. Get a link to the latest e-Edition delivered to your inbox each morning. The report provides insights on global video conferencing market segment by component, deployment, enterprise size, end use and major geographic regions. Video conferencing 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. According to Apptopia, Inc. mobile application company Zoom application was downloaded 2.13 Mn times around the world on 23 March 2020. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report. Please avoid obscene, vulgar, lewd, Data Bridge Market Research is a leader in advanced formative research. 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). The market data is analysed and estimated using market statistical and coherent models. ICYMI also features select historical content. The partnership aims at building new integrations between Microsoft Teams and SAP Solution, such as SAP SuccessFactors, SAP Customer Experience and SAP S/4HANA. It is gaining a vital place in the marketing plans of all major companies to connect with consumers, engage with them and convert them into paying customers The research report on Conference System (Microphone) Market highlights the historic as well as the current developments that are defining the growth trajectory of Across the market, Cowen & Co. analysts see undervalued stocks. 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. The market is currently undergoing significant normalization, as it gets aligned with the new future of hybrid work. Advanced Malware Sandbox Solutions Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. by year 2026 at a CAGR of 9.22% during the forecast period. 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 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. 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. The rise in the use of telepresence for bridging communication gap between users further influence the market growth. WebRequest sample of market research report on Global Video Conferencing Industry Market. Please log in, or sign up for a new account and purchase a subscription to read or post comments. DMCA Protected DataBridge - All Rights Reserved. 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. High 72F. 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. To know more about the research methodology, drop in an inquiry to speak to our industry experts. According to MarkNtel Advisors, the availability of numerous local and foreign players in regions makes the global industry highly competitive. 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 This site uses cookies, that help us to provide and improve our service. The large enterprises segment captured the major market share in 2019. Receive the most recent obituaries every afternoon. In 2019, the corporates segment acquired the major market share and the same trend is expected in the forthcoming years as well. and We can add as many competitors that you require data about in the format and data style you are looking for. 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. It is advised for a single user. WebVideo Conferencing Market Growth, Trends, Industry Analysis and Forecast to 2025 . The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. The CAGR of the global video conferencing market from 2020-2027 is above 10.2%. Also, Internet bandwidth and technical glitch issues are projected to challenge the video conferencing market in the forecast period of 2022-2029. by year 2026 at a CAGR of 9.22% during the forecast period. The $3.85 billion 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 report offers a deep understanding of the Video Conferencing Market, including the latest business development, technologies, drivers, and forecasts. These articles can be on any topic. Wether they were the most important, most read or most talked about we want to make sure you read them. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. 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. The video conferencing market share, which is highly competitive, consists of a few major players. WebThe Video Conferencing Market is expected USD 41.41 billion by 2029. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. 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 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 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 racist or sexually-oriented language. Among end use the software segment is expected to account for significant revenue share in the global market. 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 communications The VoD market is mainly driven by factors such as increasing internet-based consumer spending and the growing adoption of mobile devices to watch online videos. each comment to let us know of abusive posts. The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. Joe Kent's Reel Report every evening. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. The Countries Covered in the Video Conferencing Market Report 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). We won't share it with anyone else. The application segment is further bifurcated into corporate, education, healthcare, government & defense, BFSI, media & entertainment, and others. or anything. Only market data will be provided in the excel spreadsheet. It is advised for up to five users. What is the historical year, base year and forecast year considered in the research report on Global Video Conferencing Market? Explore detailed TOC, tables and figures of Global Video Conferencing Coverage of Data Bridge is not restricted to developed or emerging economies. Vidyo Inc. (United States), Zoom Video Communication Inc. (United States), Logitech International S.A. (Switzerland), Panasonic Corporation (Japan), Microsoft Corporation (United States), ZTE Corporation (China), Fuze Inc. (United States), Huawei Technologies Co. Ltd. (China), Avaya Inc. (United States), Google, LLC (United States), Facebook, Inc. (United States), Lifesize Inc. (United States), StarLeaf (United Kingdom), Premiere Global Services, Inc. (United States), ezTalks Technology Co., Ltd. (Hong Kong), Bharti Airtel Limited (India),, Cisco (United States), Reliance JioInfocom Limited (India) and others. Polaris Market Research recently released a revised report on Video Conferencing Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030. Worldwide, the voice and text messaging communications platform-as-a-service (CPaaS) market, which is a significant part of the broader web and video conferencing technology sector, is expected to grow up to $10.9 billion by 2022. What are the Major Companies Operating in the Video Conferencing Market? 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 Video Conferencing is a method of conducting conferences or meeting through telecommunication technologies. .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. What is the Growth Rate of the Video Conferencing Market? The "Video Conferencing Endpoint market" report offers a thorough market analysis by addressing topics such as expansion drivers, industry trends, the The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. Real Names required. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and 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. On the basis of deployment mode, the video conferencing market is segmented into on-premises and cloud. However, factors such as rising concern related to data theft and high cost and complexity of solutions are expected to hamper the growth of global video conferencing market. Cloudy skies. The objectives of educating, entertaining, Video on Demand Market (Business Model - Transactional Video on Demand, Subscrip , Video on Demand Market: Snapshot Q. 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: +1 888 387 2818 UK: +44 208 089 1725, US: +1 888 387 2818 UK: +44 208 089 1725 Hong Kong: +852 8192 7475. In The key players of Video Conferencing market are Vidyo Inc. (United States), Zoom Video Communication Inc. (United States), Logitech International S.A. (Switzerland), Panasonic Corporation (Japan), Microsoft Corporation (United States), ZTE Corporation (China), Fuze Inc. (United States), Huawei Technologies Co. Ltd. (China), Avaya Inc. (United States), Google, LLC (United States), Facebook, Inc. (United States), Lifesize Inc. (United States), StarLeaf (United Kingdom), Premiere Global Services, Inc. (United States), ezTalks Technology Co., Ltd. (Hong Kong), Bharti Airtel Limited (India),, Cisco (United States), Reliance JioInfocom Limited (India) and others. 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. On the basis of component, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. such as rising 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. The video conferencing market is analysed and market size insights and trends are provided by country, component, hardware, deployment mode and application as referenced above. A. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service, By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing market was valued at USD 7.75 billion in 2020 and is expected to grow at a CAGR of 19.8% during the forecast period. The report offers valuation and analysis of Video Conferencing market on a global as well as regional level. WebThe global video conferencing market is anticipated to grow at a CAGR of 10.2% over the forecast period 2020 to 2027 and to reach around US$ 8.3 Bn by 2027. 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. 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). Which major factor expected to drive the growth of global video conferencing market? Receive an email notification each time resident weather expert Stan Blazyk writes a new article. Furthermore, the healthcare sector is adopting video conferencing solutions due to the need for immediate medical assistance from a remote location coupled with the adoption of telemedicine services in countries such as the U.S, China, France, etc. The report will be delivered in PDF format with printing rights. Video conferencing is being highly deployed due to its various benefits, such as saves time, promotes collaboration, strengthens productivity and minimizes travel expenses. Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. Privacy Policy Use the 'Report' link on The Industry Report forecasts the future growth of the market based on precise assumptions. Crucial data about the geographical terrain and variables guiding the development of market division are offered in the research. The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry. The global market is high highly competitive due to presence of large number of players and innovative product offerings. A. Your e-mail address will be used to confirm your account. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Video Conferencing Industry? The above data points provided are only related to the companies' focus related to video conferencing market. (Belgium), StarLeaf. Receive special offers from The Daily News and select partners including discounts, contests and more. 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. On the basis of application, the video conferencing market is segmented into corporate communications, training and development, and marketing and client engagement. 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 What would be the growth rate or CAGR of Global Video Conferencing Market during 2020-25? In addition, players approach towards product development, coupled with introduction of innovative solution is expected to impact the growth of target market positively. CO2 emissions are decreased since certain business travels are unnecessary. So, there has been a surge in the demand of video conferencing solutions.. Winds NNE at 5 to 10 mph.. Cloudy skies. The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The Major Players Operating in the Video Conferencing Market are Microsoft (US), Huawei Technologies Co., Ltd. (China), Cisco Systems, Inc. (US), Adobe. The Video Conferencing Market is expected USD 41.41 billion by 2029. What are the country-wise industry size, growth drivers and challenges and key market trends? Growth Opportunities Fuel the Growth Pipeline Engine, Video Adoptions Trends in 2022 and Beyond, Key Benefits and Challenges of Hybrid/Remote work, Rapid Migration to Cloud Video Conferencing, Key Capabilities for Room Video Conferencing Devices, Video Conferencing Devices - Total Addressable Market (TAM), Percent of Revenue Forecast by Device Type, Percent of Unit Shipment Forecast by Device Type, Meeting Room Count and Video Conferencing Penetration Rate, USB Conference Room Camera Market - Revenue Share, USB Conference Room Camera Market - Unit Share, Growth Opportunities - Top Recommendations. The technology enables the ability to encourage all those benefits and also does not require constant travel for face-to-face communication. The three main categories of devices that are enabling video in meeting spaces, home offices, and classrooms include: 6. Growth Drivers of Hereditary Genetic Testing Market Size Research Report 2022 by . The global video conferencing market in 2027 is expected to be worth above US$ 8.3 Bn. Our analysts take pride in our clients success. The stage includes obtaining market information or related data through various sources and strategies. 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. Companies Focus on Interoperability Integration to Make a Mark Customer organizations and market participants including technology vendors, service providers, channel partners, resellers, IT/telecom decision-makers, among others will find value in leveraging the findings of this study to develop sustainable workplace growth strategies. This is expected to increase the product portfolio and enhance the customer base. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. Additionally, rapid digitization, surge in investments, increased consumer spending and change in lifestyle positively affect the video conferencing market. Video Conferencing Market Segment Analysis, 2019. According to the Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. 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. No racism, sexism or any sort of -ism A. Industries provided Work from Home and remote working options to their employees to prevent the spread of coronavirus. All of this is discussed in detail as below: The rise in the penetration of Internet of Things across the globe acts as one of the major factors driving the growth of video conferencing market. 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. The global Video Conferencing Market Size Is Expected To Reach USD 32.70 Billion By 2028, at a CAGR of 19.8% during the forecast period. Not only may direct savings be made on travel expenses, but also on communication costs. ET The early adoption of any technology to remain upgraded and technologically advanced across industries makes the large enterprises the market dominator. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. Short decision-making routes improve responsiveness. 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. 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. Privacy Policy In 2020, Verizon acquired BlueJeans Network a service provider of video conferencing platform. Threats of harming another Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. If you forget it, you'll be able to recover it using your email address. Latest findings of the research report on Cloud Video Conferencing Market presents the growth prospects and performance potential of the market landscape Q. (Belgium), StarLeaf. The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. 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. The unit CAGR is forecasted at 15.3 percent driven by greater video-enablement of all meeting spaces for better hybrid work. Which end use segment is expected to account for significant revenue share in the global video conferencing market? The user experience and feature sets are evolving to make sure every participant is seen and heard. 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. What are the Major Companies Low 64F. However, the emphasis of players such as Huawei Technologies and Microsoft Corporation in the industry to provide video conferencing solutions especially for the corporates are adding pace to the market share growth. 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. Q. Don't Threaten. 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. Accept Cookies & Privacy Policy Fairfield Market Research states that Asia Pacific video conferencing market will register a whopping CAGR of 18.3% between the forecast period of 2021 and 2026. Microsoft said that its Teams collaboration platform had 44 million daily active users in March, up from 25 million in November. Request Brochure Request Discount Customize This Report. Most of the standard Video conferencing systems offer up to 2 Mbps, including IP bandwidth. 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