The Video Conferencing Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This helps to understand about the crucial opportunities as well as threats that can impact market globally as world economy has great impact due to COVID 19.
The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%.
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Top Leading Companies Mentioned are Cisco Systems Inc, Polycom, Adobe Systems, Microsoft Corporation, Vidyo Inc.
The video conferencing market consists of sales of video conferencing software and its related services by entities (organizations, sole traders, and partnerships) that enable users in different locations to conduct face-to-face meetings without the necessity to move to one place together. Video conferencing increases performance, saves time, minimizes travel costs, and facilitates collaboration. Video conferencing allows the power to encourage all those benefits without the necessity for constant travel for face-to-face communication.
The video conferencing market covered in this report is segmented by conference type into telepresence, integrated, desktop, service-based video conferencing system; by deployment into cloud, on-premises; by enterprise size into small and medium enterprises, large enterprises; by end-use into corporate, education, BFSI, media & entertainment, government & defense, others.
This report provides a detailed analysis of the Video Conferencing market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Video Conferencing Industry:
- Video Conferencing Market Sales Overview.
- Video Conferencing Market Sales Competition by Manufacturers.
- Video Conferencing Market Sales Analysis by Region.
- Video Conferencing Market Sales Analysis by Type.
- Video Conferencing Market Analysis by Application.
- Video Conferencing Market -Manufacturers Analysis.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Video Conferencing in these regions, from 2015 to 2030(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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