The company has a strong presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Figure 26 Vendor Market Positioning Analysis (20192021) 11.4.4. According to the US Bureau of Labor Statistics, 11.5 million new jobs will be created for data science and analytics by the year 2026. 7.2.2.3. & Law & Legal The regions covered in the augmented reality in training and education report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Our aim is to provide the best solution that matches the exact customer requirements. We value your investment and offer free customization with every report to fulfil your exact research needs. Assumptions for the studies 5. The modern communication infrastructure in North America enables video conferencing providers to provide their customers with high-quality services. These video conferencing solutions increase the efficiency of corporate communication through high-quality video conferencing and enable real-time collaborations. Figure 16 Global Video Conferencing Market Size, by Component, 2021 Vs. 2028 (USD Million) 5.3. Table 19 Global Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) Insights into the market, product descriptions, company summaries, financial data, and contact details are all contained in Construction and Design Software market study data. By Value (USD Million) South America Video Conferencing Market Share & Forecast,2016-2027. Global video conferencing market was valued at USD 4.21 trillion in 2020. The growth of the Video Conferencing Market is mainly attributed to the COVID-19 pandemic and the consequent global lockdown, which affected most industries impacting the global economy. Introduction The rapid expansion of the market is predominantly due to global workforce transformation and growing eLearning and remote learning adoption. Table 103 Roe: Video Conferencing Market Size, by Deployment Mode, 20192028 (USD Million) The company operates through three major segments: Google services, Google Cloud, and Other Bets. The key deployment types adopting video conferencing are cloud and on-premises. Table 47 U.S.: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) On-Premise Deployment The augmented reality in the training and education market research report is one of a series of new reports from The Business Research Company that provides augmented reality in the training and education market statistics, including augmented reality in the training and education industry global market size, regional shares, competitors with augmented reality in the training and education market share, detailed augmented reality in the training and education market segments, market trends and opportunities, and any further data you may need to thrive in the augmented reality in the training and education industry. 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. Table 121 China: Video Conferencing Market Size, by Technology, 20192028 (USD Million) Video Conferencing Market Competitive Landscape And Company Profiles, 27.1. USA Video Conferencing Market, Segmentation By Conference Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 22.3. Growth Forecast The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. Global Video Conferencing Market - By Conference Type. List of Tables | Request for a free product review before report purchase. and Transportation, Chemicals Company Overview, Table 258 Adobe Systems Incorporated. Video Conferencing Market Trends And Strategies, 4. This video conferencing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. Few leading-edge organizations use an agile approach to manage their data systems. In October 2021, Microsoft Teams surpassed Zoom as the leading corporate video conferencing platform. 11.3.3. 10. 11.4.2. 10.8. Introduction This factor was derived by averaging various market influencers, including recent developments, regulations, mergers and acquisitions, enterprise/SME adoption, startup ecosystem, IT spending, technology propensity and maturity, use cases, and the estimated number of organizations per region. Research Approach 5.2.1.2. Case Studies It was also arrived at by analyzing the product portfolios of the major companies and rating the companies based on their performance and quality. Table 64 U.K.: Video Conferencing Market Size, by Technology, 20192028 (USD Million) For instance, the ZSpace application allows students to study the human heart and different layers of the earths atmosphere more effectively. It is helping pharmaceutical companies to improve clinical trials, enable predictive power in the R&D process and has the ability to elevate pharma manufacturing. Table 43 U.S.: Video Conferencing Market Size, by Component, 20192028 (USD Million) The business processes outsourcing (BPO) market consists of sales of BPO services by entities (organizations, sole traders and partnerships) that provide BPO services. LogMeIn, Inc. Data analytics will help in analysis of IoT data in several areas such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). By component, the market segment is divided into 5.1. The key video conferencing software players operating in the market are Zoom Video Communication, Inc. (U.S.), MS Teams (U.S.), Cisco (U.S.), Blue Jeans Network Inc. (Verizon) (U.S.), LogMeIn, Inc. (U.S.), Alphabet Inc. (U.S.), ON24, Inc. (U.S.), Dialpad, Inc. (U.S.), Zoho Corporation Pvt. Global Video Conferencing Market - Industry Trends & Forecast Report 2028. Blackboard, Inc. Table 152 LATAM: Video Conferencing Hardware Market Size, by Type, 20192028 (USD Million) The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their products, and releasing upgraded items for customers. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. Technology Evolution & Landscape TOP 10 COMPANIES IN ALTERNATIVE PROTEIN MARKET, TOP 10 COMPNIES IN GEOSPATIAL ANALYTICS MARKET, TOP 10 COMPANIES IN AI IN GENOMICS MARKET, Top 10 Companies in the Machine Condition Monitoring Market. Figure 1 Market Ecosystem Hardware Rest of Asia-Pacific Poly (formerly known as Plantronics, Inc.) Some of the companys major subsidiaries are Cisco Meraki, OpenDNS, ThousandEyes, Inc., and AppDynamics. Impact of Covid-19 On the Video Conferencing Market Video conferencing can also be held using smartphones and other connected mobile devices with cameras. Case Study 3 Table 35 North America: Video Conferencing Market Size, by Technology, 20192028 (USD Million) Figure 7 Market Sizing and Growth Forecast Approach The average company uses four paid video conferencing apps. The large-scale report acts as a credible resource for assessing historic and forecast data, development patterns, and also their current industry drivers. Developing hardware, software and system integration require trained and specialized resources to handle data preparation, create predictive models, and integrate these into applications. Indonesia Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 14. All rights reserved. BlueJeans Network, Inc. (Verizon) 2.3.1.3. The SMEs segment is expected to account for the largest market share in 2021. & To speak to our analyst for a discussion on the above findings, click Speak to Analyst, 1 INTRODUCTION (Page No. South America Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 24.1. Some of the companys major subsidiaries are Grasshopper, LogMeIn Ireland Ltd., LogMeIn Japan, Ltd., and LogMeIn (India) Private Limited. 13.15. List of Figures These companies become more customer-centric, have higher revenue growth, and a more engaged workforce. The growth in the adoption of room conferencing meetings during the lockdown has positively impacted the demand for multi-codec and single-codec endpoints, such as cameras, phones, and mics. It is one of the early adopters of video conferencing solution, since the majority of large enterprises are located in this region. 10.7. Market Analysis, by Deployment Mode North America The video conferencing market is expected to grow with a CAGR of 9.5% during the forecast period of 2019-2025. Global corporate groups can connect and discuss commercial opportunities via cloud-integrated networking solutions. SPY shares fell $0.43 (-0.11%) in after-hours trading Friday. According to the research report, the global video conferencing market in 2019 was Table 94 Spain: Video Conferencing Solutions Market Size, by Type, 20192028 (USD Million) Data visualization is the method of converting big data sets and metrics into charts, graphs, and other graphics. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Remote Video Conferencing market in terms of revenue. 11.2.2. However, the education segment is expected to grow at the highest CAGR during the forecast period. Middle East and Africa Table 133 South Korea: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) In the secondary research process, various sources were referred to for identifying and collecting information for the study. Intuitive collaborative whiteboards for smart offices, telepresence systems, end-point solutions, ultra 4K UHD cameras, and premium microphones are all available on the hardware market. Submit Press Release News center. At what rate is the demand expected to grow over the next 57 years? In 2021, the IT & communication segment is expected to account for the largest market share. 10.5. 4. Who are the key players in the Global Video Conferencing Market? Additionally, it is beneficial to the employers, which can cut electricity, office spaces, maintenance charges, office supplies, and other miscellaneous spendings. The global Video Conferencing Market size is projected to register a CAGR of 12.6% during the forecast period, reaching USD 19.1 Billion by 2027 from an estimated USD Which are the key deployment types adopting video conferencing? USB cameras play an essential role in providing the high-quality video needed. In September 2020, Zoom Video Communications Inc. (U.S.) partnered with Lumen Technologies, Inc. (U.S.), allowing Lumen to offer Zoom as part of its Unified Communications and Collaboration Suite. Eastern Europe Video Conferencing Market, Segmentation By Conference Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 19.3. All rights reserved, Technological Advancements/Recent Developments, Market Size & Forecast by Value, 2018-2028, Middle East & Africa Video Conferencing Market, Global Video Conferencing Company Market Share Analysis, 2021, Competitive Benchmarking, By Operating Parameters, Key Strategic Developments (Mergers, Acquisitions, Partnerships), Impact of Covid-19 on Global Video Conferencing Market, (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, SWOT, and Strategic Outlook), Breakdown of Primary Research Respondents, By Region, Information And Communication Technology (ICT). 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. The main analytics tools of big data and analytics are dashboard and data visualization, self-service tools, data mining and warehousing, reporting and others. In 2019, data breach incidents were most prevalent in the public, manufacturing, healthcare, finance, and information industries. Vanguards Table 97 Spain: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) Zoom provides a unified communication platform by connecting them through frictionless and secure video, phone, chat, and content sharing. North America (United States, Canada), Europe (Germany, Italy, UK, France, Spain, Netherlands, Belgium, NORDIC Countries, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, Peru, Colombia, Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Qatar, Kuwait, Iran, South Africa, Egypt, Morocco, Nigeria, Kenya, Algeria, Rest of Middle East & Africa), By Component, By Conference Type, By Deployment, By Enterprise Size, By Application, By Region. 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. Major subsidiaries of the company include Huawei Technologies Coperatief U.A. Case Study - 1 Introduction 11.3. 2) By Deployment Mode: On-Premise, Cloud Ltd. (Singapore), and Huawei Software Technologies Co., Ltd. (PRC). Table 155 LATAM: Video Conferencing Market Size, by End User, 20192028 (USD Million) Table 76 Germany: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) 13.8. During the projected period, it is anticipated that the cloud deployment segment will experience a considerable growth rate. Companies are currently using video conferences in their innovative hiring processes. Figure 19 Global Video Conferencing Market Size, by End User, 2021 Vs. 2028 (USD Million) Table 42 U.S.: Video Conferencing Market Size, by Technology, 20192028 (USD Million) The segmental analysis focuses on revenue and forecast by Type and by Application for the Remote Video Conferencing Market Forecast period 2015-2026. Start video conferencing with the new GoToMeeting. Table 79 France: Video Conferencing Market Size, by Component, 20192028 (USD Million) Moreover, 5G is paving the way for video conferencing, also propelling the Global Video Conferencing Market. Room-Based Codec System You don't need to write anything new to use your webinar content as a video. Table 127 China: Video Conferencing Market Size, by End User, 20192028 (USD Million) Table 73 Germany: Video Conferencing Solutions Market Size, by Type, 20192028 (USD Million) Lower Internet Speed Database Software Market Definition 7.2.1. The following customization options are available for the report: Need to develop deeper understanding of video conferencing market, 7500+ companies worldwide approach us every year for their revenue growth initiatives. Read our Privacy Policy The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. Market Share Analysis [236 Pages Report] The video conferencing market is projected to grow at a CAGR of 12.6% during the forecast period to reach USD 19.1 billion by 2027 from an estimated USD 10.6 billion in 2022. Figure 40 ZTE: Financial Overview (2020), $3757.5 However, the Asia-Pacific region is estimated to register the fastest CAGR during the forecast period. Highfive, a US-based company engaged in combining cloud-based software with the companys proprietary in-room video conferencing hardware. SPY shares fell $0.43 (-0.11%) in after-hours trading Friday. Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is an American communications technology company headquartered in San Jose, California.It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications (Meetings), messaging (Chat), voice calls (Phone), In April 2020, Tata Consultancy Services (TCS), an India-based IT service provider, announced its plan to allow 75% of employees, around 4.5 lakh employees, to work from home till 2025. The companys product categories are headsets, video, and voice. In 2021, the solutions segment is expected to account for the largest share of the market. (India), Vidyo, Inc. (U.S.). Cisco WebEx competes with 138 competitor tools in video-conferencing category. Broadly, it's a collaborative methodology where cross-functional teams develop and create minimally viable products (MVPs) and features quickly, test them with consumers, and optimize and improve them in rapid iterations. The company held a market share of almost 50 percent at that time generating almost 230 million U.S. dollars in revenue. Financial Overview. What is the revenue generated by the global video conferencing market? The augmented reality in training and education market is expected to grow to $69.01 billion in 2026 at a CAGR of 59.6%.. Table 106 Asia-Pacific: Video Conferencing Market, by Country/Region, 20192028 (USD Million) Challenges The countries covered in the IoT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. Market Insights Agriculture Technologies, Internet Of Due to users' increasing desire for online and mobile banking, video banking is emerging as a new trend, which is expected to fuel the expansion of the video conferencing market. The IoT devices collect a great deal of data of all types. For small-sized companies or enterprises, setting up video conferencing in the corporate sector may be a little costly. What is the current size of the Global Video Conferencing Market? These reasons will likely lead to a large growth in the video conferencing sector. 11.4. AI In Pharma Market Definition As a result, loan officers, customer care agents, financial advisors, and others working in the banking and finance sector are increasingly using visual communication solutions. Table 48 U.S.: Video Conferencing Market Size, by End User, 20192028 (USD Million) The organization offers a bunch of trending industry reports on the portal, of which the recently published report is the global Remote Video Conferencing market report. Limitations - 139) 11.1 OVERVIEW 11.2 MARKET EVALUATION FRAMEWORK FIGURE 30 MARKET EVALUATION FRAMEWORK, 20192022 11.3 KEY MARKET STRATEGIES 11.3.1 PRODUCT LAUNCHES TABLE 129 VIDEO CONFERENCING MARKET: PRODUCT LAUNCHES, 20192022 11.3.2 DEALS TABLE 130 MARKET: DEALS, 20192022 11.3.3 OTHERS TABLE 131 MARKET: OTHERS, 20192022 11.4 MARKET SHARE ANALYSIS OF TOP MARKET PLAYERS TABLE 132 MARKET: DEGREE OF COMPETITION 11.5 HISTORICAL REVENUE ANALYSIS FIGURE 31 HISTORICAL REVENUE ANALYSIS OF TOP PLAYERS 11.6 EVALUATION MATRIX FOR KEY PLAYERS, 2022 11.6.1 EVALUATION MATRIX: METHODOLOGY AND DEFINITIONS TABLE 133 PRODUCT FOOTPRINT WEIGHTAGE 11.6.2 STARS 11.6.3 PERVASIVE PLAYERS 11.6.4 PARTICIPANTS 11.6.5 EMERGING LEADERS FIGURE 32 EVALUATION MATRIX FOR KEY PLAYERS, 2022 11.7 EVALUATION MATRIX FOR STARTUPS/SMES, 2022 11.7.1 PROGRESSIVE COMPANIES 11.7.2 RESPONSIVE COMPANIES 11.7.3 DYNAMIC COMPANIES 11.7.4 STARTING BLOCKS FIGURE 33 EVALUATION MATRIX FOR STARTUPS/SMES, 2022 11.8 COMPANY PRODUCT FOOTPRINT ANALYSIS TABLE 134 COMPANY PRODUCT FOOTPRINT TABLE 135 COMPANY APPLICATION FOOTPRINT TABLE 136 COMPANY INDUSTRY FOOTPRINT TABLE 137 COMPANY REGIONAL FOOTPRINT 11.9 KEY PLAYER RANKING, 2022 FIGURE 34 KEY PLAYER RANKING, 2022. The MarketWatch News Department was not involved in the creation of this content. Primary interviews were conducted to gather insights, such as market statistics, data on revenue collected from solutions and services, market breakups, market size estimations, market forecasts, and data triangulation. The advantage of video conferencing is facilitating all of those benefits without requiring constant travel for face-to-face communication. Plantronics, Inc. Table 69 U.K.: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) When compared to video communications, audio-based communication needs a lot less bandwidth and can run on infrastructure with a lot less capacity. The growing demand for unified communication solutions has led the Microsoft Teams is the hub for teamwork in Microsoft 365. Table 80 France: Video Conferencing Solutions Market Size, by Type, 20192028 (USD Million) Ltd. Category: Information and Communications Technology, Entered Product matrix provides a detailed comparison of the product portfolio of each company, Further breakup of the North American video conferencing market, Further breakup of the Asia Pacific market, Further breakup of the Latin American market, Further breakup of the Middle Eastern and African market, Detailed analysis and profiling of additional market players (up to 5), Get Data as per your Format and Definition, Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor, What are the Known and Unknown Adjacencies Impacting the Video Conferencing Market. 11.4.1. Furthermore, with such measures, the global video communication sector will fuel the expansion of the video conferencing market. October 2022 Major companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. Who are the key vendors in the video conferencing market? It offers on-demand applications allowing businesses to conduct web conferencing, telework, and application remote control. Table 134 South Korea: Video Conferencing Market Size, by End User, 20192028 (USD Million) This has boosted the use of cloud-based video conferencing tools, such as Zoom and Microsoft Teams. Secondary Research Customers that use video banking options do so to save time and money. Founded in 2003 and based in Massachusetts (U.S.), LogMeIn, Inc. provides software as a service (SaaS) and cloud-based remote work tools for collaboration, IT management, and customer engagement. Table 14 Multi-Codec Endpoint Hardware Market Size, by Country/Region, 20192028 (USD Million) North America was the second largest region in the big data and analytics market. Table 91 Italy: Video Conferencing Market Size, by End User, 20192028 (USD Million) 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. The Remote Video Conferencing Market is Segmented by Types: The Remote Video Conferencing Market is Segmented by Applications: Enterprise Government and Defense Education Other, Enquire before purchasing this report -https://www.researchreportsworld.com/enquiry/pre-order-enquiry/16030918, Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Remote Video Conferencing in these regions, from 2021 to 2027, covering. Whichever stage of the customer funnel you are targeting, videos can help. Table 2 Global Video Conferencing Market Size, by Technology, 20192028 (USD Million) South America Video Conferencing Market, Segmentation By Conference Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 23.3. Logitechs brands include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Ultimate Ears, Jaybird, and Blue Microphones. Canada Table 163 Recent Developments by Major Players (20192021) Adobe, Inc. Table 15 Video Conferencing Services Market Size, by Country/Region, 20192028 (USD Million) Electronics, Consulting Table 165 Key Synergic Developments in the Video Conferencing Market Single Codec Endpoint Hardware Table 5 Room-Based Codec System Market Size, by Country/Region, 20192028 (USD Million) Table 1 Currency Conversion Rate (20172019) $ 4175.00, $4993.75 The database software market consists of the sales revenues earned by entities (organizations, sole traders and partnerships) that are engaged in computer software publishing, or publishing and reproduction. Incorporation of AR/VR Technology The company has a global presence. Logitech, Inc. Figure 15 Global Video Conferencing Market Size, by Technology, 2021 Vs. 2028 (USD Million) 3) By End User: Higher Education, K-12, Internet of Things (IoT) Global Market Report 2022 By Platform (Device Management, Application Management, Network Management), By End Use Industry (BFSI, Retail, Government, Healthcare, Manufacturing, Transportation, IT & Telecom), By Application (Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility And Transportation) Market Size, Trends, And Global Forecast 2022-2026, The Internet of Things (IoT) market consists of sales of IoT and related services that are used in building and home automation, smart energy and utilities, connected logistics, smart retail, smart mobility, and transportation. Impact Of High Inflation On Video Conferencing Market, 5. India Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 11.1. As a result, educational institutions are using Software to give learners a productive learning environment. Increased network speed and capability with the launch of 5G technology to enable high-quality video conferences is projected to contribute to the growth of the video conferencing market. The global augmented reality in training and education market grew from $6.42 billion in 2021 to $10.63 billion in 2022 at a compound annual growth rate (CAGR) of 65.4%. Which technology segment showcases high growth opportunities for the video conferencing market players? Zooms market valuation has dropped 82.4% from its peak. Western Europe Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 16.1. Table 52 Canada: Video Conferencing Hardware Market Size, by Type, 20192028 (USD Million) Vidyo, Inc. (Enghouse Systems Limited) Some users of video conferencing find that video systems are less comfortable than older technology or audio conferencing. The growing number of SMEs in economies such as China, India, South Korea, Singapore, and Japan are driving the adoption of video conferencing. The cloud-based video conferencing is helps to reduce costing of investing and maintaining expensive infrastructure equipment required for on-premise deployment. Global Video Conferencing Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 8. There is a large amount of real time data that is generated from sensors, devices, video/audio, networks, log files, transactional applications, web, and social media, which is too large or complex to be dealt with by traditional data-processing application software. 2. Figure 35 Adobe, Inc.: Financial Overview (2020) Eastern Europe Video Conferencing Market Overview, 19.2. Meticulous Research in its latest publication on Global Video Conferencing Market has predicted the growth of 15.5% during the forecast year 2021 to 2028. https://www.intelligencemarketreport.com/report-sample/534658, https://www.intelligencemarketreport.com/send-an-enquiry/534658, https://www.intelligencemarketreport.com/checkout/534658, Advertising, Media Consulting, Marketing Research, Business, Economy, Finances, Banking & Insurance, Pressemitteilung kostenlos verffentlichen. The major players in the video conferencing market include Microsoft (US), Zoom Video Communications (US), Cisco (US), Adobe (US), Huawei (China), Avaya, Inc. (US), AWS (US), Google, LLC (US), HP (US), GoTo (US), Enghouse Systems (Canada), Pexip (Norway), Qumu Corporation (US), Sonic Foundry Inc. (US), Lifesize, Inc. (US), Kaltura Inc. (US), BlueJeans Network (US), Kollective Technology, Inc. (US), StarLeaf Inc. (UK), Dialpad (US), Logitech (US), Barco (Belgium), Fuze Inc. (US), Haivision Inc. (Canada), and Premium Global Services Inc. (US). The improved network speeds and bandwidth capacity can support top-quality calls in HD or even 3D without delay or other interruptions found in the busy 4G network. Cloud Deployment Database Software Market 2021 - By Product Type (Database Maintenance Management, Database Operation Management), By End User (BFSI, IT & Telecom, Media & Entertainment, Healthcare), By Type Of Deployment (Cloud, On-Premise), And By Region, Opportunities And Strategies Global Forecast To 2030. Technologies, Water The market is forecast to almost double by 2026, increasing up to 27.3 billion U.S. dollars. 13.14. 13. Figure 9 Meticulous Research Estimates: by Technology Tely Australia Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 13.1. Global Video Conferencing Market, Segmentation By Conference Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 6.2. Oil, Gas, and Energy Global Video Conferencing Market - Industry Trends & Forecast Report 2028. Though the nature of the macro challenges, such as disrupted supply chains, decentralized workforce, and the provision of safe and healthy employee workspaces, are different than in past recessions, the market players must deal with these monumental challenges. However, this equipment does not intervene in the fire suppression. Businesses are spending more on cloud-based video services due to the growing number of players in the industry, decreased travel time and expense, the significance of involving employees in setting strategic goals, and the growing need for virtual meeting spaces. Verizon is the parent company of BlueJeans, Network, Inc. 2. Also, the region is technologically advanced, and there is swift adoption of video conferencing in daily work schedules. 2.2. Company Market Share (Top 3-5) Economic Impact Study on Asia Pacific Video Conferencing Market ; South America Video Conferencing Market Overview. Video conferencing boosts productivity, saves time, reduces travel expenses, and overall promotes collaboration. It enables customers to choose to run Microsoft Teams by default on Cisco Room and Desk devices. Figure 17 Global Video Conferencing Market Size, by Deployment Mode, 2021 Vs. 2028 (USD Million) Table 93 Spain: Video Conferencing Market Size, by Component, 20192028 (USD Million) Available Customization The video conferencing market research report is one of a series of new reports from The Business Research Company that provides video conferencing market statistics, including Video conferencing is changing the way we meet and, in most cases, for the better. But improvement is actionable as youll still need to invest in the right equipment to make it work. But with the savings, efficiency, and competitive edge that video conferencing can bring to a company, its well worth the investment. Vendor-side analysis: The market size estimates of associated solutions and services were factored in from the vendor side by assuming an average of licensing and subscription-based models of leading and innovative vendors in the market. Table 18 On-Premise Video Conferencing Market Size, by Country/Region, 20192028 (USD Million) 1. Based on the conference type, the market is categorized into telepresence, integrated, desktop, and service-based systems. Global Video Conferencing Historic Market, 2016-2021, $ Billion, 5.2. For instance, the Europass Teacher Academy, a provider of professional development courses, says that schools are adopting the augmented reality to help students gain knowledge, acquire various skills by playing games, and experience reality through augmented reality. Few emerging and underdeveloped nations are lacking in the necessary communication infrastructure to facilitate high-quality video transmission, despite the fact that the majority of developed nations have highly developed communication infrastructure. Gamification in video meetings is a leading trend gaining popularity in the video conferencing market. The report offers valuation and analysis of Video Conferencing market on a global as well as regional level. 3.3. 11.5. More schools and colleges are adopting AR technology to keep students actively engaged and experience learning instead of just reading and looking at pictures. Microsoft Teams on Iristick offers a complete hand-free option for collaboration and remote assistance. The increased demand for conferencing solution Business processes outsourcing is the process of subcontracting business-related operations to third-party vendors or services providers. It can be useful in handling data and presenting results that encourage better decision-making and save human efforts, cost, and time. Furthermore, Infosys, a major IT service provider, has permanently announced flexible work from home model. Big Data And Analytics Market Definition Ltd. (India). Need more information? Based on component, the solutions segment is expected to account for the largest share of the video conferencing market in 2021. The software is from LogMeIn, and it is premium software that will grab your interest in it. Fire Detection Equipment Market Definition Detection of fire is done by detecting the smoke, heat, or flames. - 159) 12.1 INTRODUCTION 12.2 KEY PLAYERS (Business Overview, Products, Solutions & Services offered, 13 ADJACENT AND RELATED MARKETS (Page No. Ineffective classroom integration is slowing down the growth of augmented reality in the training and education market. ZTE Due to the growing popularity of endpoints like smartphones, laptops, and desktops with high-resolution cameras, speakers, and microphones, the hardware segment accounted for a sizable portion of sales. Table 131 South Korea: Video Conferencing Hardware Market Size, by Type, 20192028 (USD Million) 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. Meticulous Research in its latest publication on Global Video Conferencing Market has predicted the growth of 15.5% during the forecast year 2021 to 2028. 2023 Stock Market Outlook >. Table 113 Asia-Pacific: Video Conferencing Market Size, by End User, 20192028 (USD Million) Historic And Forecast Inflation Rates, Big Data And Analytics Market 2021 - By Analytics Tools (Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting), By Deployment Mode (On-Premise, Cloud), By End Use Industry (BFSI, Retail, Manufacturing, IT And Telecom, Government, Healthcare, Utility), By Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics), And By Region, Opportunities And Strategies Global Forecast To 2030. Some of the companys major subsidiaries are Nuance Communications, Inc., GitHub, Inc., LinkedIn Corporation, and Microsoft India Private Limited. Chemical and Materials, Big Data Establishments that are engaged in writing, modifying, designing, testing, assisting in installation, providing documentation and supporting software are also included in this market. South Korea Video Conferencing Market, Segmentation By Conference Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 14.2. Russia Video Conferencing Market, Segmentation By End-Use , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion, 21. The primary sources from the supply side included various industry experts, including Chief Technology Officers (CTOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from digital payment solution and service vendors, system integrators, professional and managed service providers, industry associations, and consultants; and key opinion leaders. Table 41 North America: Video Conferencing Market Size, by End User, 20192028 (USD Million) : Financial Overview (2020) Technology is changing education in many ways but this newer advanced technology of augmented reality (AR) is improving the learning environment. Augmented Reality In Training And Education Global Market Report 2022 By Category (Primary and Secondary Education, Test Preparation, Reskilling and Certifications, Higher Education, Language and Other Learnings), By Device (Classroom Projectors, Smartphones, Laptops), By End User (Higher Education, K-12) Market Size, Trends, And Global Forecast 2022-2026, The augmented reality in the training and education market consists of sales of augmented reality software for education and training and related products. The global video conferencing market as a whole is expected to reach 9.95 billion in value by 2028 with a CAGR of 11.4% according to market prospects. Solutions Market Analysis, by Organization Size 2.2.1. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. Table 104 Roe: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) For just one recurring meeting, the same call runs weekly would cost $2,714.40 in annual usage fees. Middle East Video Conferencing Market Overview, 25.2. Table 51 Canada: Video Conferencing Solutions Market Size, by Type, 20192028 (USD Million) 10.6. Table 154 LATAM: Video Conferencing Market Size, by Organization Size, 20192028 (USD Million) Figure 21 Geographic Snapshot: North America Video Conferencing Market DOWNLOAD PDF. Table 107 Asia-Pacific: Video Conferencing Market Size, by Technology, 20192028 (USD Million) Table 60 Europe: Video Conferencing Hardware Market Size, by Type, 20192028 (USD Million) Africa Video Conferencing Market Overview, 26.2. The surge in high-speed data networks has enabled VoD service providers to. The regions covered in the video conferencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Secondary research was mainly used to obtain key information about the industrys value chain and supply chain to identify key players by various solutions, services, market classifications, and segmentation according to offerings of the major players and industry trends related to technologies, applications, and regions, and key developments from both market and technology oriented perspectives. Some of the major subsidiaries of Alphabet Inc. are YouTube, Waymo, DeepMind, and Kaggle. However, the VaaS segment is expected to record the highest CAGR during the forecast period. Introduction The big data and analytics market consists of sales of big data and analytics software by entities (organizations, sole traders and partnerships) that develop such software used for applications such as data mining and predictive modeling. Key Growth Strategies 13.2. This data was supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report. 2004 - 2022 openPR. In May 2021, Pexip collaborated with Avaya and revealed the availability of Pexip Service registration for Avaya endpoints. Vendors of video conferencing solutions give businesses the ability to securely centralize, manage, and deliver videos. The company has a strong presence across the Americas, Europe, Asia-Pacific, and the Middle East & Africa, through its subsidiaries. LogMeIn is one of the worlds largest SaaS companies with millions of active users. Table 17 Cloud Video Conferencing Market Size, by Country/Region, 20192028 (USD Million) Here are the top 10 companies operating in Video Conferencing Market . 5.2.3. Figure 11 Meticulous Research Estimates: by Deployment Mode Video Conferencing Market Size And Forecast. Video Conferencing Market Size was valued at USD 4.02 Billion in 2019 and is projected to reach USD 8.35 Billion by 2027, growing at a CAGR of 9.6% from 2020 to 2027.. The robust urbanization which is responsible for the use of video conferencing is driving factor growth. 11.2. 9. Table 39 North America: Video Conferencing Market Size, by Deployment Mode, 20192028 (USD Million) Table 82 France: Video Conferencing Market Size, by Deployment Mode, 20192028 (USD Million) The market for video conferencing is divided into solutions and services. 11.3.2. The brand-new TWS earphones can pair with cellphones and laptops at the same time. Vidyo Arkadin Cloud Communications Polycom Logitech International The top alternatives for It reports also covers monetary and exchange fluctuations, import-export trade, and global market status in a market pattern. Video conferencing companies introducing gamification for corporate end-users in their video meetings to improve employee performance and drive productivity. Table 150 LATAM: Video Conferencing Market Size, by Component, 20192028 (USD Million) Table 54 Canada: Video Conferencing Market Size, by Organization Size, 20192028(USD Million) Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments) The resulting visual representation of data makes it easier to detect and convey real-time patterns, outliers, and fresh insights about the data. Besides the standard structure reports, we also provide custom research according to specific requirements. You can also contact MarketWatch Customer Service via our Customer Center. 5.2.4.1. Ask the Analyst to customize an exclusive study to serve your research needs, As the business world is changing dynamically every day. 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