DUBLIN--(BUSINESS WIRE)--The "Video Conferencing Market By Product, End User, Deployment - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022" report has been added to ResearchAndMarkets.com's offering.
The video conferencing market worldwide accounted for revenue of US$ 5,663.3Mn in 2019. The market is projected to expand with a CAGR of 12.7% during the forecast period from 2020 to 2028.
Due to expanding globalization among the business organizations worldwide and the resulting lockdown restrictions and work from the home model due to the ongoing COVID-19 pandemic, the need for effective collaboration techniques for real-time video communication has spurred substantially.
In addition to this, organizations look for cost effective solutions that can fulfil their need seamlessly. Apart from the corporate enterprises from different industry verticals, segments such as healthcare and education are increasingly shifting towards video conferencing in order to ensure effective delivery of services for participants at their home. Thus, healthcare and education segments are expected to emerge as the most promising segments for video conferencing market in the following years.
Additionally, with growing shift towards cloud-based solutions, the market for cloud-based video conferencing solutions is estimated to expand substantially in the following years. Although issues including limited channel capacity, frequency spectrum shortage, and complexity related with the deployment resulting in increased up-front cost have somewhat marred the market growth, the advancements in wireless technology are expected to tame the impact of these challenges over the forecast period.
The revenue estimates for Government & Defense segment have been evaluated considering different types of government viz. Federal, State, and Local. The market, on the basis of the deployment model, has been evaluated considering the basic components i.e. hardware, software, and services.
In order to help strategic decision-makers, the report also includes competitive profiling of the leading video conferencing solutions vendors, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments.
Other in-depth analysis provided in the report includes:
- Current and future market trends to justify the forthcoming attractive markets within the video conferencing industry
- Market fuelers, market impediments, and their impact on the market growth
- In-depth competitive environment analysis
Value Chain Analysis
- Trailing 2-Year market size data (2018 - 2019)
SRC (Segment-Region-Country) Analysis
Overall, the research study provides a holistic view of the global video conferencing market, offering market size and estimates for the period from 2020 to 2028, keeping in mind the above-mentioned factors.
Key Topics Covered:
1.1. Report Scope and Description
1.2. Research Methodology
2. Executive Summary
2.1. Video Conferencing Market Industry Snapshot
3. Global Video Conferencing Market Analysis
3.1. Video Conferencing Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Video Conferencing Vendors
4. Global Video Conferencing Market, By Deployment Model, 2018 - 2028 (US$ Mn)
4.1. Comparative Analysis
5. Global Video Conferencing Market, By End-user, 2018 - 2028 (US$ Mn)
5.1. Comparative Analysis
5.2. Corporate Enterprises
5.4. Government & Defense
5.6. Media & Entertainment
5.7. Others (Retail, Manufacturing and Residential)
6. North America Video Conferencing Market, 2018 - 2028 (US$ Mn)
6.2. North America Video Conferencing Market, By Deployment Model, 2018 - 2028 (US$ Mn)
6.2.1. Comparative Analysis
6.3. North America Video Conferencing Market, By End-user, 2018 - 2028 (US$ Mn)
6.3.1. Comparative Analysis
6.3.2. Corporate Enterprises
6.3.4. Government & Defense
6.3.6. Media & Entertainment
6.3.7. Others (Retail, Manufacturing and Residential)
6.4. North America Video Conferencing Market, By Country 2018 - 2028 (US$ Mn)
7. Europe Video Conferencing Market, 2018 - 2028 (US$ Mn)
8. Asia Pacific Video Conferencing Market, 2018 - 2028 (US$ Mn)
9. Rest of the World Video Conferencing Market, 2018 - 2028 (US$ Mn)
10. Company Profiles
10.1. Cisco Systems, Inc.
10.2. Polycom, Inc.
10.3. Avaya, Inc.
10.4. ZTE Corporation
10.5. Zoom Video Communications, Inc.
10.6. Microsoft Corporation
10.7. Lifesize (Division of Logitech International S.A.)
10.8. Vidyo, Inc.
10.9. InterCall (West Corporation)
10.10. Adobe Systems, Inc.
10.12. Google, LLC
For more information about this report visit https://www.researchandmarkets.com/r/rfjw4c