Global Video Conferencing Market was valued at USD 4.02 billion in 2018, which is expected to reach USD 7.22 billion by 2030, at a CAGR 10.2 %.
Video conferencing is the process of conducting meetings by using telecommunication technologies, which involves a real time, two-way transmission of audio and video content. Faster decision making and eliminate travelling time, and associated cost are the main advantages of video conferencing. Also, video conferencing have various applications such as digital classroom- healthcare automated talent & acquisition, smart factories, and others.
Increase in demand for video communication on account of globalization of businesses is the key driving factor for market which is expected to boost the global video conferencing market growth. As several fields like online education and telemedicine have become increasingly popular in emerging economies such as India, and Brazil will expected to demand for video conferencing risen significantly during this forecast period. Furthermore, increase in technological advancements such as facial recognition, to authenticate and detect the meeting participants is expected to propel the global video conferencing market growth. Moreover, rise in use of cloud based solutions and incorporation of virtual reality in video conferencing which is expected to accelerate the global video conferencing market growth.
However, security and privacy concern of information is act as restraining factor which is expected to hamper the global video conferencing market growth.
Global Video Conferencing Market is segmented into component such as Hardware, Software, and Services, by deployment type such as On-premise, and Cloud, by application such as Digital Classroom, e-Healthcare, Automated Talent Acquisition, Smart Factories, and Others. Further, Global Video Conferencing Market is segmented into enterprise size such as Large Enterprises, and Small & Medium Enterprises, and by end use such as Education, Healthcare, BFSI, Media & Entertainment, Government & Defense, and Corporate.
Also, Global Video Conferencing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Avaya Inc., Huawei Technologies, ZTE Corporation, Panasonic Corporation, Microsoft Corporation, Logitech International S.A., Adobe Systems, Polycom.Inc., Blue Jeans Network, Inc, and Cisco Systems.
1.1. Market Taxonomy
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
5.1. Y-o-Y Growth Comparison, By Component
5.2. Global Video Conferencing Market Share Analysis, By Component
5.3. Global Video Conferencing Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2 Software
5.3.3 Services
6.1. Y-o-Y Growth Comparison, By Deployment
6.2. Global Video Conferencing Market Share Analysis, By Deployment
6.3. Global Video Conferencing Market Size and Forecast, By Deployment
6.3.1On-premise
6.3.2 Cloud
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Video Conferencing Market Share Analysis, By Application
7.3. Global Video Conferencing Market Size and Forecast, By Application
7.3.1 Digital Classroom
7.3.2 e-Healthcare
7.3.3 Automated Talent Acquisition
7.3.4 Smart Factories
7.3.5 Others
8.1. Y-o-Y Growth Comparison, By Enterprise Size
8.2. Global Video Conferencing Market Share Analysis, By Enterprise Size
8.3. Global Video Conferencing Market Size and Forecast, By Enterprise Size
8.3.1Large Enterprises
8.3.2 Small & Medium Enterprises
9.1. Y-o-Y Growth Comparison, By End Use
9.2. Global Video Conferencing Market Share Analysis, By End Use
9.3. Global Video Conferencing Market Size and Forecast, By End Use
9.3.1 Education
9.3.2 Healthcare
9.3.3 Manufacturing
6.3.4 BFSI
6.3.5 Media & Entertainment
6.3.6 Government & Defense
6.3.7 Corporate
10.1. Y-o-Y Growth Comparison, By Region
10.2. Global Video Conferencing Market Share Analysis, By Region
11.1 Introduction
11.2 North America Video Conferencing Market Analysis, By Component
11.3 North America Video Conferencing Market Analysis, By Deployment
11.4 North America Video Conferencing Market Analysis, By Application
11.5 North America Video Conferencing Market Analysis, By Enterprise Size
11.6 North America Video Conferencing Market Analysis, By End Use
11.7 North America Video Conferencing Market Analysis, By Country
11.7.1USA
11.7.2 Canada
11.7.3 Mexico
12.1 Introduction
12.2 Europe Video Conferencing Market Analysis, By Component
12.3 Europe Video Conferencing Market Analysis, By Deployment
12.4 Europe Video Conferencing Market Analysis, By Application
12.5Europe Video Conferencing Market Analysis, By Enterprise Size
12.6 Europe Video Conferencing Market Analysis, By End Use
12.7 Europe Video Conferencing Market Analysis, By Country
12.7 .1Germany
12.7 .2 France
12.7 .3 UK
12.7 .4 Rest of Europe
13.1 Introduction
13.2 Asia Pacific Video Conferencing Market Analysis, By Component
13.3Asia Pacific Video Conferencing Market Analysis, By Deployment
13.4Asia Pacific Video Conferencing Market Analysis, By Application
13.5Asia Pacific Video Conferencing Market Analysis, By Enterprise Size
13.6Asia Pacific Video Conferencing Market Analysis, End Use
13.7 Asia Pacific Video Conferencing Market Analysis, By Country
13.7.1China
13.7.2 India
13.7.3 Japan
13.7.4 Rest of Asia Pacific
14.1 Introduction
14.2 Latin America Video Conferencing Market Analysis, By Component
14.3Latin America Video Conferencing Market Analysis, By Deployment
14.4Latin America Video Conferencing Market Analysis, By Application
14.5Latin America Video Conferencing Market Analysis, by Enterprise Size
14.6Latin America Video Conferencing Market Analysis, End Use
15.1 Introduction
15.2 Middle East & Africa Video Conferencing Market Analysis, By Component
15.3Middle East & Africa Video Conferencing Market Analysis, By Deployment
15.4Middle East & Africa Video Conferencing Market Analysis, By Application
15.5Middle East & Africa Video Conferencing Market Analysis, By Enterprise Size
15.6Middle East & Africa Video Conferencing Market Analysis, End Use
16.1 Competition Dashboard
16.2Market Share Analysis of Top Vendors
16.3 Key Development Strategies
17.1 Avaya Inc
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financial
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Huawei Technologies
17.3 ZTE Corporation
17.4 Panasonic Corporation
17.5 Microsoft Corporation
17.6 Logitech International S.A
17.7 Adobe Systems
17.8 Polycom.Inc
17.9 Blue Jeans Network, Inc
17.10 Cisco system
