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. 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 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. In 2020, Verizon acquired BlueJeans Network a service provider of video conferencing platform. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. We can add as many competitors that you require data about in the format and data style you are looking for. Threats of harming another 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. 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. Q. By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Microsoft partnered with SAPs intelligent suite of Solution in January2021. The objectives of educating, entertaining, Video on Demand Market (Business Model - Transactional Video on Demand, Subscrip , Video on Demand Market: Snapshot Microsoft said that its Teams collaboration platform had 44 million daily active users in March, up from 25 million in November. Which region would grab the highest market share during 2020-25? ICYMI also features select historical content. On the basis of control unit, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. 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). According to MarkNtel Advisors, the availability of numerous local and foreign players in regions makes the global industry highly competitive. This information can help stakeholders to make appropriate decisions before investing. 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 COVID-19 pandemic impacted the global business environment and the organizations allow their employees to work from home for smooth business operations. Expect mist and reduced visibilities at times. However, a high cost of the hardware and software which is required for video conferencing setup will restrain the 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. What are the key results derived from the market surveys conducted during the course of the Global Video Conferencing market study? The global video conferencing market is segmented into component, deployment, enterprise size, and end use. The video conferencing market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Zoom Video Communications joined with Lumen in September2020. The $3.85 billion 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. and The technology enables the ability to encourage all those benefits and also does not require constant travel for face-to-face communication. Both are environmentally friendly and may be efficiently marketed. Use the 'Report' link on What is the Growth Rate of the Video Conferencing Market? 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. Q. racist or sexually-oriented language. Your account has been registered, and you are now logged in. by year 2026 at a CAGR of 9.22% during the forecast period. 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. To know more about the research methodology, drop in an inquiry to speak to our industry experts. The three main categories of devices that are enabling video in meeting spaces, home offices, and classrooms include: 6. Privacy Policy 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. Invalid password or account does not exist. 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. Receive updates on the latest issues of Coast Monthly. names allowed. 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. By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research The partnership allows Lumen to offer Zoom as part of its Unified Communications and Collaboration Suite. This is expected to increase the product portfolio and enhance the customer base. The early adoption of any technology to remain upgraded and technologically advanced across industries makes the large enterprises the market dominator. Terms and Conditions. 2022 COPYRIGHT ALL RIGHTS RESERVED | ACUMEN RESEARCH AND CONSULTING. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. WebThe report will incorporate these insights. Video Conferencing is a method of conducting conferences or meeting through telecommunication technologies. Latest findings of the research report on Cloud Video Conferencing Market presents the growth prospects and performance potential of the market landscape This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. The increase in preference for professional video conferencing depending on the bandwidth accelerate the market growth. 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 partnership aims at building new integrations between Microsoft Teams and SAP Solution, such as SAP SuccessFactors, SAP Customer Experience and SAP S/4HANA. The global spread of the Coronavirus has resulted in an unprecedented demand for video conferencing solutions. 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 launch of 5G technology contributed to the growth of video conferencing This acquisition is expected to help the company to expand the product portfolio and enhance the profit ratio. 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. It likewise envelops the examination of information inconsistencies seen across different information sources. The partnership improves user experience for the Unified Communications and Collaboration Suite and customer reach for Zoom. Industries provided Work from Home and remote working options to their employees to prevent the spread of coronavirus. The CAGR of the global video conferencing market from 2020-2027 is above 10.2%. 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. The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry. The surging number of solution providers and emerging start-ups in countries such as the U.S and Canada are boosting the 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$ 22.4 billion by the end of 2026, expanding at a CAGR of 11.4% between 2021 and 2026. The communications 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. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. and Video conferencing save coordination time and enhance staff productivity in organizations with many locations. Real Names required. Be Proactive. It is advised for a single user. Receive the latest Dear Abby column in your inbox each morning. Cigna Corp. (CI) offers opportunity stemming from the margin potential of biosimilars, one by year 2026 at a CAGR of 9.22% during the forecast period. The report provides insights on global video conferencing market segment by component, deployment, enterprise size, end use and major geographic regions. Notifications from this discussion will be disabled. 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 implementation of lockdown by government across the globe escalated the demand for video conferencing. 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. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. 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. The high availability of this telepresence offers safest, robust and reliable method of transport in the world. Submitting this form below will send a message to your email with a link to change your password. 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 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. 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 A. 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. All rights reserved. Low 64F. 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 market is currently undergoing significant normalization, as it gets aligned with the new future of hybrid work. 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. Accept Cookies & Privacy Policy The user experience and feature sets are evolving to make sure every participant is seen and heard. Explore detailed TOC, tables and figures of Global Video Conferencing Industry Market. Receive email alerts anytime there is breaking news or a severe weather alert. 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. Video Conferencing Market Segment Analysis, 2019. Short decision-making routes improve responsiveness. Some of the players considered in the report scope are Microsoft Corporation; Plantronics, Inc.; Vidyo Inc.; and West Corporation. 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. 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. 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). 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. 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. 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. Global Video Conferencing In Healthcare Market size is expected to reach US$ 709.16 Mn. The application segment is further bifurcated into corporate, education, healthcare, government & defense, BFSI, media & entertainment, and others. The Video Conferencing Market is Expected to Witness CAGR of 11.30% During the Forecast Period of 2022 to 2029. What would be the growth rate or CAGR of Global Video Conferencing Market during 2020-25? The technology is beneficial in the use of the latest HD audio and video technology, furnishings, interior design and media technology. Hardware accounts for the largest application segment in the respective market owing to the rise of the Internet of Things. 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 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 The use of video conferencing include negotiating business deals, negotiating business deals, and holding routine meetings. This leads to innovation and our clients to come out as winners. The report will be delivered in PDF format without printing rights. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. The "Video Conferencing Endpoint market" report offers a thorough market analysis by addressing topics such as expansion drivers, industry trends, the 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. On the basis of component, the video conferencing market is segmented into multi point control unit, hard codec and peripheral devices. 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. are helping the market share to increase. The Major Players Operating in the Video Conferencing Market are Microsoft (US), Huawei Technologies Co., Ltd. (China), Cisco Systems, Inc. (US), Adobe. Keep it Clean. 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 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). 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 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. No pseudonyms or partial 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. By end use the software segment is expected to account for significant revenue share in the global market. If you forget it, you'll be able to recover it using your email address. This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Alternatively, you can repurpose the content as, Derby video production company launches remote video service, Derby-based video production and animation company Future Proof Films has launched an innovative new remote filming service which enables it to deliver professional quality video despite the current lockdown. The 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. Please avoid obscene, vulgar, lewd, Video Conferencing enable real-time two-way communication of audio as well as video Also, Internet bandwidth and technical glitch issues are projected to challenge the video conferencing market in the forecast period of 2022-2029. 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 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. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Also, rapid deployment of 5G offering innovations in telepresence with holographic conferencing capabilities and Ultra HD video calling will further expand the market. Terms and Conditions. are generating the need for services in the Video Conferencing market. Choose wisely! 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. People were refrained from going out of their houses, hence video conferencing technology was being highly deployed across various industries to continue the work. Webinars offer cutting-edge market ideas and solutions through virtual Internet forums to its executive clients. Video Conferencing Endpoint Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2028 Published: Dec. 6, 2022 at 3:06 a.m. 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. Terms and Conditions. What is the Future Market Value for Video Conferencing Market? 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. Copyright 2020 Market Growth Reports. 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. The Video Conferencing Market is expected USD 41.41 billion by 2029. The report provides Automated Valet Parking (AVP) Technology market size analysis By Types, Application categories, and Regional-level analysis of the top geographies. 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. You don't need to write anything new to use your webinar content as a video. and Why Asia Pacific is expected to witness faster growth? 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. Among end use the software segment is expected to account for significant revenue share in the global market. Joe Kent's Reel Report every evening. 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. Global Video Conferencing Market Research Report 2022 gives detailed insights on geographical regions with industry size, share, growth segments and We won't share it with anyone else. Also, market share analysis and key trend analysis are the major success factors in the market report. 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. No racism, sexism or any sort of -ism On the basis of deployment mode, the video conferencing market is segmented into on-premises and cloud. 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. 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. According to Apptopia, Inc. mobile application company Zoom application was downloaded 2.13 Mn times around the world on 23 March 2020. 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. 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). Don't knowingly lie about anyone Which End-Use segment would emerge as an opportunity area for players in Global Video Conferencing Market? 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. The VoD market is mainly driven by factors such as increasing internet-based consumer spending and the growing adoption of mobile devices to watch online videos. In the long term, web conferencing decreases the amount of space needed, which reduces land consumption. ICYMI is a weekly newsletter highlighting stories from the past week. Q. The company, which is based at Connect Derbys Sadler Bridge Studios, has launched its Pro Remote Video service for those businesses that still need professional video content to support their marketing effort. (US), Barco. A. 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). The video conferencing market share, which is highly competitive, consists of a few major players. A. 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. Driven by the shift to remote work, video adoption saw hyper-growth during the pandemic years. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR. 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. 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%. Get Report Sample Copy of Video Conferencing Market @ https://www.mrrse.com/sample/711 All Rights Reserved. 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. 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. Your real name will be displayed next to your photo for comments, blog posts, and more! 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. What will be the market size on video conferencing market in 2027? 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. 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? 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. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. or anything. High 72F. Privacy Policy. 2022 Decision Foresight. Advanced Malware Sandbox Solutions Market 2022 Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. 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 $10.9 billion by 2022. Wether they were the most important, most read or most talked about we want to make sure you read them. that is degrading to another person. Which Countries Data is Covered in the Video Conferencing Market? Receive the daily weather forecast and the weekly outlook in your inbox each morning. Video marketing is an innovative type of internet marketing in which corporate convert their already existing articles into short videos. Key Questions Answered in the Market Research Report, Market Outlook, Segmentation and Statistics. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for, Video Marketing Company in Delhi Video Marketing Company Delhi Video Marketing A . In 2019, Zoom a cloud video conferencing company launched a series of new products and features with an aim to expand its ecosystem on both the hardware and software fronts. Which component type would emerge as an opportunity area for players in Global Video Conferencing Market? (Belgium), StarLeaf. The global video conferencing market in 2027 is expected to be worth above US$ 8.3 Bn. For instance, Kinley and Pexip AS partnered in 2019 for the expansion of video conferencing business solutions in North America and EMEA. 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. Video conferencing 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. 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 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$ Increasing internet penetration and surge in number visual meetings is projected to contribute to regional growth. The publisher's research team has been covering evolving hybrid work practices and technologies that address the new future of work. In 2019, Avaya launched a cloud-based video conferencing and collaboration service. 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. Hardware segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share. 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 market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. Don't Threaten. Crucial data about the geographical terrain and variables guiding the development of market division are offered in the research. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. In addition, due to increasing pandemic effect across the globe, many industries approach towards adoption of work-from-home culture is another factor expected to increase demand for video conferencing solution supporting the growth of target market. The above data points provided are only related to the companies' focus related to video conferencing market. The Global Video Conferencing Market is expected to growth at a CAGR 9.50 % during 2020-25. 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. 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). Create a password that only you will remember. High bandwidth is known to video quality. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. 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. 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). Q. 2004 - 2022 openPR. 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. What are the Major Companies Operating in the Video Conferencing Market? It includes examining and planning all the data acquired from the past in advance. Video conferencing is being highly deployed due to its various benefits, such as saves time, promotes collaboration, strengthens productivity and minimizes travel expenses. The large enterprises require seamless cloud adoption due to the geographically scattered tendency of their business so, it is expected that in the forthcoming years the cloud deployment would dominate this segment. 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 video conferencing market is segmented on the basis of component, hardware, deployment mode and application. The market size/industry size or the market value is measured in terms of USD Million. Get the latest local and national sports headlines deliveredto your inbox every morning. Privacy Policy CO2 emissions are decreased since certain business travels are unnecessary. Our analysts take pride in our clients success. The report will be delivered in PDF format with printing rights. Privacy Policy The report offers valuation and analysis of Video Conferencing market on a global as well as regional level. 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. This report covers the market for business/professional use of video conferencing devices. The global market is high highly competitive due to presence of large number of players and innovative product offerings. such as rising 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. Get an email notification whenever someone contributes to the discussion. video Receive an email notification each time resident weather expert Stan Blazyk writes a new article. Who are the key competitors or market players and how they perform in the Global Video Conferencing benchmarking matrix? 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. (Belgium), StarLeaf. 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. Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. The increased demand for conferencing solution Receive the most recent obituaries every afternoon. The large enterprises segment captured the major market share in 2019. So, there has been a surge in the demand of video conferencing solutions.. 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. In 2019, the corporates segment acquired the major market share and the same trend is expected in the forthcoming years as well. Be Nice. Government and market key players adopted new safety measures for developing the practices. This is expected to increase the customer base and enhance the company profit. Whichever stage of the customer funnel you are targeting, videos can help. New Technology Developments in Advanced Malware Sandbox Solutions Market Researc , Overview This is the name that will be used to identify you within the system. (IDC, 2020) Pre-pandemic forecast: By 2021, over 80% of global internet traffic will be video. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. 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. Only market data will be provided in the excel spreadsheet. and WebVideo Conferencing Market Growth, Trends, Industry Analysis and Forecast to 2025 . Which end use segment is expected to account for significant revenue share in the global video conferencing market? Plan your fishing trips with Capt. The stage includes obtaining market information or related data through various sources and strategies. if you want to learn more check out this link: https://promo.com/for/online-video-maker. Stand behind what you post. Cloudy skies. The rise in the use of telepresence for bridging communication gap between users further influence the market growth. Why is it Increasingly Difficult to Grow? WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing Coverage of Data Bridge is not restricted to developed or emerging economies. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and consumer sector. 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. What is the CAGR of the global video conferencing market? Powered by Absolute Reports. What are the players considered in the report scope? Despite challenging market conditions, the value of video communications has become deeply entrenched across all industries creating a long-term upward market trajectory. A. 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 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. Inclusivity and employee well-being are big themes in technology development. What are the country-wise industry size, growth drivers and challenges and key market trends? In 2019, North America acquired the major market share. Polaris Market Research recently released a revised report on Video Conferencing Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and The robust urbanization along with the increased command of high-speed data connectivity among consumers have a positive impact on the market. The report covers basic development policies and layouts of technology development processes. (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. 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. (US), Barco. 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. Your purchase was successful, and you are now logged in. The COVID-19 has positively impacted video conferencing market. Get a link to the latest e-Edition delivered to your inbox each morning. 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 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. It is advised for companies where multiple users would like to access the report from multiple locations. 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. The surge in high-speed data networks has enabled VoD service providers to. On the other hand, network infrastructure issues and issues of privacy and security are expected to obstruct market growth. However, there is room for expansion in the region for upgrading existing technology and subscribing to cloud-based services. On the other hand, use of Voice over Internet Protocol (VoIP) is expected to obstruct market growth. 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. Data Bridge Market Research is a leader in advanced formative research. The market research study on Video Conferencing Market (Component: Hardware, Software, and Services; Deployment Mode: On-Premises and Cloud; Enterprise Size: Large Enterprise and Small & Midsize Enterprises; End Use: Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, and Others) Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027, offers a detailed insights on the global video conferencing market entailing insights on its different market segments. What is the historical year, base year and forecast year considered in the research report on Global Video Conferencing Market? Additionally, rapid digitization, surge in investments, increased consumer spending and change in lifestyle positively affect the video conferencing market. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. The report offers a deep understanding of the Video Conferencing Market, including the latest business development, technologies, drivers, and forecasts. In addition, players approach towards product development, coupled with introduction of innovative solution is expected to impact the growth of target market positively. WebAs a result, video conferencing solutions are in high demand across the region's businesses. The Industry Report forecasts the future growth of the market based on precise assumptions. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. Explore detailed TOC, tables and figures of Global Video Conferencing The solution is expected to have the largest market share over the projected period. 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. WebThe video conferencing market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%. 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. 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