DUBLIN--(BUSINESS WIRE)--The "Online Corporate Meeting Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global online corporate meeting services market was worth US$ 4.5 Billion in 2018
Online corporate meeting services are a mode of communication used between an enterprise and its employees or various stakeholders through video and web conferencing. This service aids in effective communication through media-rich data and voice sharing applications. The user can conduct live meetings, conferences, presentations and training sessions through these services. These services significantly contribute to a free and transparent interaction between all the participants irrespective of their location.
The rising trend of globalization, along with the high internet penetration rate, is one of the key factors driving the market growth. These trends have led to the emergence of the virtual workspace, which is gaining immense preference across the globe, owing to its flexibility.
The online corporate meeting service forms an integral part of virtual workspaces where one can instantly collaborate on projects, share their knowledge base and utilize mobile and cloud computing facilities. This also assists in reducing the transportation costs and travel time associated with in-person meetings as well as providing work-time flexibility.
Furthermore, the ongoing trend of information technology (IT) consumerization, including increasing adoption of video and mobile conferencing among small and medium-sized organizations to effectively perform daily operations, is also fostering the demand for these services across the globe. Additionally, improved user experience, product simplification, smart workflow mechanisms of web conferencing and reduced operational costs of the organizations are some of the other factors contributing to the market growth.
Looking forward, the market to reach a value of US$ 7.1 Billion by 2024, registering a CAGR of around 8% during 2019-2024.
Key Questions Answered in This Report:
- How has the global online corporate meeting services market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global online corporate meeting services industry?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the meeting type?
- What are the various stages in the value chain of the global online corporate meeting services industry?
- What are the key driving factors and challenges in the global online corporate meeting services industry?
- What is the structure of the global online corporate meeting services industry and who are the key players?
- What is the degree of competition in the global online corporate meeting services industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Online Corporate Meeting Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Service Type
5.4 Market Breakup by Meeting Type
5.5 Market Breakup by Region
5.6 Market Forecast
6 Market Breakup by Service Type
6.1 Online Corporate VCS (Video Conferencing Services)
6.1.1 Market Trends
6.1.2 Market Breakup by Type
126.96.36.199 On-premises VCS
188.8.131.52 Hosted VCS
184.108.40.206 Managed VCS
6.1.3 Market Forecast
6.2 Online Corporate WCS (Web Conferencing Services)
6.2.1 Market Trends
6.2.2 Market Breakup by Type
220.127.116.11 On-premises WCS
18.104.22.168 Hosted WCS
6.2.3 Market Forecast
7 Market Breakup by Meeting Type
7.1 Small Size Meeting
7.2 Medium Size Meeting
7.3 Large Size Meeting
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.3 Blue Jeans Network
13.3.4 Citrix Systems
13.3.5 AT&T Connect Support
13.3.8 New Row
13.3.10 BT Conferencing
13.3.12 Communique Conferencing
For more information about this report visit https://www.researchandmarkets.com/r/p7vipk