Middle East & Africa $1.18 Bn Video Conferencing Market Forecast to 2027 with COVID-19 Impact and Regional Analysis - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Middle East & Africa Video Conferencing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type; Deployment; Industry Vertical, and Country" report has been added to ResearchAndMarkets.com's offering.

The video conferencing market in MEA was valued at US$ 619.5 million in 2019 and is projected to reach US$ 1182.6 million by 2027; it is expected to grow at a CAGR of 7.9% from 2020 to 2027.

The countries in MEA region are the fastest growing economies in the world. The rate of industrialization in MEA is stupendous, and it is expected to continue in coming years. Several large enterprises in the region are expanding their business across the region, leading the industrialization at a prime rate.

Additionally, emerging SMEs with higher capital investments are also expected to boost the adoption of video conferencing tools. Thus, considering the growth prospect of large enterprises and SMEs in the region, the video conferencing market players in the region are anticipated to witness a significant demand.

Countries such as South Africa are technologically advancing, by hosting numerous large enterprises and SMEs year on year. Traditionally, the enterprises in these countries used Virtual Private Network (VPN) to interact among teams or clients. With the evolution of video conferencing tools, the majority of large enterprises and several SMEs are switching to advanced solutions.

The governments in MEA countries have started incorporating video conferencing tools to interact with government officials and hold important meetings regularly. The awareness related to the benefits of video conferencing over telephonic or in-person meetings is rising, which is expected to boost the growth of the video conferencing market.

At present, the defense forces in the region are also using video conference solutions, with an objective to discuss several important issues with multiple participants. With the increase in procurement of advanced video conferencing tools among government sector and defense forces in UAE, the video conferencing market is expected to witness substantial growth in the coming years.

A few of the players present in the MEA Video Conferencing Market are Adobe Inc., Google LLC, Microsoft Corporation, and Zoom Video Communications, Inc..

Key Topics Covered:

1. Introduction

1.1 Study Scope

1.2 Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Video Conferencing Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 MEA

4.3 Ecosystem Analysis

5. Video Conferencing Market - Key Industry Dynamics

5.1 Market Drivers

5.1.1 Accentuating Demand from Small and Medium Enterprises

5.1.2 Increasing Adoption of Advanced Technology in Educational and Healthcare Sectors

5.2 Market Restraints

5.2.1 Cyber-attacks Pose a Critical Challenge

5.2.2 Weak Network Infrastructure in Various Developing Countries

5.3 Market Opportunities

5.3.1 End Users to Stimulate the Demand

5.4 Future Trends

5.4.1 Commercialization of 5G to Revolutionize the Demand

5.5 Impact Analysis of Drivers And Restraints

6. Video Conferencing Market - MEA Market Analysis

6.1 Video Conferencing Market Overview

6.2 Video Conferencing Market -Revenue and Forecast to 2027 (US$ Million)

7. Video Conferencing Market Analysis - By Type

7.1 Overview

7.2 Video Conferencing Market, By Type (2019 and 2027)

7.3 Hardware

7.3.1 Overview

7.3.1.1 Hardware: Video Conferencing Market - Revenue, and Forecast to 2027 (US$ Million)

7.4 Software

7.5 Services

8. Video Conferencing Market Analysis - By Deployment

8.1 Overview

8.2 Video Conferencing Market, By Deployment (2019 and 2027)

8.3 Cloud

8.3.1 Overview

8.3.1.1 Cloud: Video Conferencing Market - Revenue, and Forecast to 2027 (US$ Million)

8.4 On-Premise

8.5 Hybrid

9. Video Conferencing Market Analysis - By Industry Vertical

9.1 Overview

9.2 Video Conferencing Market, By Industry Vertical (2019 and 2027)

9.3 Corporate Enterprises

9.3.1 Overview

9.3.1.1 Corporate Enterprises: Video Conferencing Market - Revenue, and Forecast to 2027 (US$ Million)

9.4 Government& Defense

9.5 Healthcare

9.6 Education

9.7 Manufacturing

9.8 Others

10. MEA Video Conferencing Market - Country Analysis

11. Impact of COVID-19 Pandemic On MEA Video Conferencing Market

11.1 MEA: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Development

13. Company Profiles

13.1 Key Facts

13.2 Business Description

13.3 Products and Services

13.4 Financial Overview

13.5 SWOT Analysis

13.6 Key Developments

• Adobe Inc.
• Amazon
• Brother International Corporation
• Cisco Systems, Inc.
• Facebook, Inc.
• Google LLC
• Microsoft Corporation
• TeamViewer GmbH
• Zoho Corporation
• Zoom Video Communications, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rvic0g