COVID-19: Significant Shift in Strategy of Global Web Real Time Communication Market 2020-2024 | Increasing Internet Penetration to Augment Growth | Technavio

LONDON--()--Technavio has been monitoring the global web real time communication market and it is poised to grow by USD 16.01 billion during 2020-2024, progressing at a CAGR of almost 46% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., AT&T Inc., Avaya Holdings Corp., Cisco Systems Inc., Dialogic Corp., International Business Machines Corp., Microsoft Corp., Ribbon Communications Inc., and Vonage Holdings Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing internet penetration has been instrumental in driving the growth of the market. However, lack of high-end video conferencing features might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/web-real-time-communication-market-industry-analysis

Web Real Time Communication Market 2020-2024: Segmentation

Web Real Time Communication Market is segmented as below:

  • Platform
    • Browser
    • Mobile
    • UC
  • Application
    • Video
    • Voice
    • Data sharing
  • Geographic Landscape
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43933

Web Real Time Communication Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The web real time communication market report covers the following areas:

  • Web Real Time Communication Market Size
  • Web Real Time Communication Market Trends
  • Web Real Time Communication Market Industry Analysis

This study identifies the increased adoption of BYOD concept as one of the prime reasons driving the web real time communication market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Web Real Time Communication Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist web real time communication market growth during the next five years
  • Estimation of the web real time communication market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the web real time communication market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of web real time communication market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Video - Market size and forecast 2019-2024
  • Voice - Market size and forecast 2019-2024
  • Data sharing - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Platform

  • Market segments
  • Comparison by Platform
  • Browser - Market size and forecast 2019-2024
  • Mobile - Market size and forecast 2019-2024
  • UC - Market size and forecast 2019-2024
  • Market opportunity by Platform

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Apple Inc.
  • AT&T Inc.
  • Avaya Holdings Corp.
  • Cisco Systems Inc.
  • Dialogic Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Ribbon Communications Inc.
  • Vonage Holdings Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Web Real Time Communication (webRTC) Market will grow by $ 16.01 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/