Q. The report outlines the market size, market characteristics, and market growth for Video Conferencing industry, categorized by type, application, and consumer sector. Hardware segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share. Terraces at The Ambassador Gardens - Tuesday, October 10, 2017. if you want to learn more check out this link: https://promo.com/for/online-video-maker. 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. This information can help stakeholders to make appropriate decisions before investing. DMCA Protected DataBridge - All Rights Reserved. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. 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 document also identifies significant trends and challenges for various market segmentations in an effort to increase stakeholder earnings between Q. This technology, which has virtually become a necessary instrument to substitute actual encounters during this period of confinement, has resulted in the birth of a sector that is frequently viewed as unclear yet in full change. and Who are the key competitors or market players and how they perform in the Global Video Conferencing benchmarking matrix? On the other hand, network infrastructure issues and issues of privacy and security are expected to obstruct market growth. Privacy Policy The report provides Automated Valet Parking (AVP) Technology market size analysis By Types, Application categories, and Regional-level analysis of the top geographies. For instance, Kinley and Pexip AS partnered in 2019 for the expansion of video conferencing business solutions in North America and EMEA. According to Apptopia, Inc. mobile application company Zoom application was downloaded 2.13 Mn times around the world on 23 March 2020. 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%. 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 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. 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. 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. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. To know more about the research methodology, drop in an inquiry to speak to our industry experts. In the long term, web conferencing decreases the amount of space needed, which reduces land consumption. By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research The global video conferencing market is segmented into component, deployment, enterprise size, and end use. What are the units or denomination for measuring market value in the report? Which region expected to account for significant revenue share in video conferencing market? An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. The three main categories of devices that are enabling video in meeting spaces, home offices, and classrooms include: 6. 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. are helping the market share to increase. What are the Main Data Pointers Covered in Video Conferencing Market Report? 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. 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. The report will be delivered in PDF format without printing rights. 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. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. 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. Real Names required. This site uses cookies, that help us to provide and improve our service. Q. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. There is also no downtime, which is not always spent constructively while travelling. Some of the players considered in the report scope are Microsoft Corporation; Plantronics, Inc.; Vidyo Inc.; and West Corporation. The "Video Conferencing Endpoint market" report offers a thorough market analysis by addressing topics such as expansion drivers, industry trends, the WebThe Video Conferencing Market is expected USD 41.41 billion by 2029. A. Corporates grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Video Conferencing Market. In terms of video conferencing solution usage, the regional market is mature. 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. Short decision-making routes improve responsiveness. On the other hand, use of Voice over Internet Protocol (VoIP) is expected to obstruct market growth. Receive the daily weather forecast and the weekly outlook in your inbox each morning. and 2022 Decision Foresight. or anything. On the basis of application, the video conferencing market is segmented into corporate communications, training and development, and marketing and client engagement. CO2 emissions are decreased since certain business travels are unnecessary. Video Conferencing Endpoint Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022 - 2028 Published: Dec. 6, 2022 at 3:06 a.m. DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem. The video conferencing market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. 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. This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. 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. 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 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. The "State of the Global Video Conferencing Devices Market - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The $3.85 billion global video conferencing devices market is undergoing seismic changes in the wake of massive work, workplace, and workforce transformation. (US), Zoom Video Communications, Inc. (US), Google LLC (US), Avaya Inc. (US), LogMeIn, Inc. (US), Logitech. each comment to let us know of abusive posts. A. WebThe video conferencing market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%. The video conferencing market was valued at USD 28.87 billion in 2021 and is expected to reach USD 41.41 billion by 2029, registering a CAGR of 11.30% during the forecast period of 2022-2029. Also, Internet bandwidth and technical glitch issues are projected to challenge the video conferencing market in the forecast period of 2022-2029. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. Subscribe to Email Newsletters And Breaking News Alerts, State of the Video Conferencing Devices Market - Global Forecast to 2027: Market is Undergoing Seismic Changes in the Wake of Massive Work, Workplace, and Workforce Transformation - ResearchAndMarkets.com. This is expected to increase the product portfolio and enhance the customer base. It is advised for a single user. Winds NE at 5 to 10 mph. The report summarizes the result of the assessment in the field of Automated Valet Parking (AVP) Technology Market from the global perspective. Your purchase was successful, and you are now logged in. High bandwidth is known to video quality. What is the historical year, base year and forecast year considered in the research report on Global Video Conferencing Market? What would be the growth rate or CAGR of Global Video Conferencing Market during 2020-25? Don't knowingly lie about anyone Areas of patchy fog. Inclusivity and employee well-being are big themes in technology development. Asia-Pacific to Soar with the Highest CAGR in Forthcoming Years. However, the emphasis of players such as Huawei Technologies and Microsoft Corporation in the industry to provide video conferencing solutions especially for the corporates are adding pace to the market share growth. The global video conferencing market in 2027 is expected to be worth above US$ 8.3 Bn. Which end use segment is expected to account for significant revenue share in the global video conferencing market? The implementation of lockdown by government across the globe escalated the demand for video conferencing. video 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. What are the players considered in the report scope? We won't share it with anyone else. The above data points provided are only related to the companies' focus related to video conferencing market. Video conferencing The communications 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. To know more, please request an analyst call or drop down your inquiry. In 2020, Verizon acquired BlueJeans Network a service provider of video conferencing platform. Privacy Policy 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 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. Most of the standard Video conferencing systems offer up to 2 Mbps, including IP bandwidth. Low 64F. What are the country-wise industry size, growth drivers and challenges and key market trends? Both are environmentally friendly and may be efficiently marketed. Once you have a list of topics to cover, you can break them down into a question and answer video. ICYMI also features select historical content. and 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. 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. Which End-Use segment would emerge as an opportunity area for players in Global Video Conferencing Market? The robust urbanization along with the increased command of high-speed data connectivity among consumers have a positive impact on the market. Which Countries Data is Covered in the Video Conferencing Market? However, a high cost of the hardware and software which is required for video conferencing setup will restrain the market growth. Which region would grab the highest market share during 2020-25? What are the Major Companies 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. Plan your fishing trips with Capt. 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. Wether they were the most important, most read or most talked about we want to make sure you read them. If you forget it, you'll be able to recover it using your email address. The increase in preference for professional video conferencing depending on the bandwidth accelerate the market growth. According to MarkNtel Advisors, the availability of numerous local and foreign players in regions makes the global industry highly competitive. The COVID-19 has positively impacted video conferencing market. Hardware accounts for the largest application segment in the respective market owing to the rise of the Internet of Things. The unit CAGR is forecasted at 15.3 percent driven by greater video-enablement of all meeting spaces for better hybrid work. The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry. According to the The rise in the use of telepresence for bridging communication gap between users further influence the market growth. (Belgium), StarLeaf. Additionally, rapid digitization, surge in investments, increased consumer spending and change in lifestyle positively affect the video conferencing market. Get a link to the latest e-Edition delivered to your inbox each morning. Privacy Policy Please avoid obscene, vulgar, lewd, person will not be tolerated. Microsoft said that its Teams collaboration platform had 44 million daily active users in March, up from 25 million in November. Winds NNE at 5 to 10 mph.. Cloudy skies. Submitting this form below will send a message to your email with a link to change your password. Global Cabin Air Filter Market - Industry Growth, New Trends and Forecast 2022 To 2027: Ken Research Sep 19, 2022 Explore detailed TOC, tables and figures of Global Video Conferencing 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. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025. The use of video conferencing include negotiating business deals, negotiating business deals, and holding routine meetings. The Global Video Conferencing Market is expected to growth at a CAGR 9.50 % during 2020-25. Powered by Absolute Reports. 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. Increasing demand communication platform that is reliable, efficient, and has two-way transmission of audio and video content from end use industries is resulting in increasing demand for video conferencing solution which is a major factor expected to drive the growth of global market. However, APAC is expected to witness a robust growth in the forecast period of 2020-25 owing to the increasing adoption of video conferencing by the small-medium enterprises in the developing countries. 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. 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. Receive Laura Elder's Biz Buzz direct to your inbox every Sunday. 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. 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. 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. Terms and Conditions. However, there is room for expansion in the region for upgrading existing technology and subscribing to cloud-based services. This is the name that will be used to identify you within the system. 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. 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. This leads to innovation and our clients to come out as winners. 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. High 72F. Video marketing is an innovative type of internet marketing in which corporate convert their already existing articles into short videos. The increasing need for reducing operations costs and effective communication from the remote locations are contributing to the increasing market share of corporates. 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. Industries provided Work from Home and remote working options to their employees to prevent the spread of coronavirus. The surging number of solution providers and emerging start-ups in countries such as the U.S and Canada are boosting the market growth. The technology is beneficial in the use of the latest HD audio and video technology, furnishings, interior design and media technology. 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? A. WebHistorical Data: 2016 - 2019 Description Table of Contents Analysis Type Research Methodology Request for Sample Report Summary The global video conferencing A. Rapidly Growing Video Conferencing Solution to Fuel Market Growth Based on the component, the market has been divided into solutions and services. The COVID-19 pandemic impacted the global business environment and the organizations allow their employees to work from home for smooth business operations. 2004 - 2022 openPR. The report provides insights on global video conferencing market segment by component, deployment, enterprise size, end use and major geographic regions. 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 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. Data collection and base year analysis are done using data collection modules with large sample sizes. It likewise envelops the examination of information inconsistencies seen across different information sources. Among end use the software segment is expected to account for significant revenue share in the global market. The Receive updates on the latest issues of Coast Monthly. Receive the latest Dear Abby column in your inbox each morning. So, there has been a surge in the demand of video conferencing solutions.. 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). The market data is analysed and estimated using market statistical and coherent models. Notifications from this discussion will be disabled. You don't need to write anything new to use your webinar content as a video. The user experience and feature sets are evolving to make sure every participant is seen and heard. Coverage of Data Bridge is not restricted to developed or emerging economies. In this report, we summarize emerging hybrid work trends, their impact on the meeting space, and the growth in video conferencing devices. 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. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. WebVideo Conferencing Market Growth, Trends, Industry Analysis and Forecast to 2025 . 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. 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. It is advised for companies where multiple users would like to access the report from multiple locations. (UK), Pexip AS (Norway), Amazon Web Services, Inc. (US), Blue Jeans Network Inc. (US), Enghouse Systems Limited (Canda), Qumu Corporation (US), among others. 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. Growth Drivers of Hereditary Genetic Testing Market Size Research Report 2022 by . 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. The $3.85 billion It is advised for up to five users. Government and market key players adopted new safety measures for developing the practices. 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. racist or sexually-oriented language. The Video Conferencing Market is expected USD 41.41 billion by 2029. This acquisition is expected to help the company to expand the product portfolio and enhance the profit ratio. 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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 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. It is forecast that North America will dominate the market with majority market share, with market size registering considerably higher CAGR. Accept Cookies & Privacy Policy 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. and The Video Conferencing Market is Expected to Witness CAGR of 11.30% During the Forecast Period of 2022 to 2029. 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. A. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. In addition, strategic business development activities by major players in order to increase the business presence is another factor expected to further support the growth of target market in this region. 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. 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). The market is currently undergoing significant normalization, as it gets aligned with the new future of hybrid work. Use the 'Report' link on Why is it Increasingly Difficult to Grow? The solution is expected to have the largest market share over the projected period. Be Nice. Video conferencing save coordination time and enhance staff productivity in organizations with many locations. Asia Pacific is expected to witness faster growth in the near future owing to industries approach towards adoption of work-from-home culture. Your e-mail address will be used to confirm your account. Be Proactive. 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. 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). are generating the need for services in the Video Conferencing market. Joe Kent's Reel Report every evening. 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. Crucial data about the geographical terrain and variables guiding the development of market division are offered in the research. 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 partnership allows Lumen to offer Zoom as part of its Unified Communications and Collaboration Suite. Webinars offer cutting-edge market ideas and solutions through virtual Internet forums to its executive clients. 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. Despite challenging market conditions, the value of video communications has become deeply entrenched across all industries creating a long-term upward market trajectory. Your account has been registered, and you are now logged in. The market in North America is expected to account for significant revenue share owing to rising demand from various end use industries. Why Asia Pacific is expected to witness faster growth? Video Conferencing enable real-time two-way communication of audio as well as video This report covers the market for business/professional use of video conferencing devices. In 2019, Avaya launched a cloud-based video conferencing and collaboration service. Data Bridge Market Research is a leader in advanced formative research. Companies Focus on Interoperability Integration to Make a Mark Video Conferencing market size was valued at USD 5.78 billion by 2020, growing with 8.9% CAGR during the forecast period, 2021-2030. 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