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The video conferencing market is forecasted to grow by USD 8.84 billion during 2024-2029, accelerating at a CAGR of 12.6% during the forecast period. The report on the video conferencing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing globalization and need for cross-border communication, proliferation of mobile devices enables on-the-go video conferencing, and cost-savings offered by video conferencing when compared to in-person meetings.
The video conferencing market is segmented as below:
By Component
- Hardware
- Software
- Services
By End-user
- Large enterprises
- Small and medium enterprises
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the video conferencing market covers the following areas:
- Video Conferencing Market sizing
- Video Conferencing Market forecast
- Video Conferencing Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Component
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global video conferencing market: 8x8 Inc., Adobe Inc., Amazon.com Inc., Avaya LLC, Cisco Systems Inc., Dialpad Inc., Enghouse Systems Ltd., Google LLC, Haivision Systems Inc., HP Inc., Huawei Technologies Co. Ltd., Kaltura Inc., Logitech International SA, Microsoft Corp., Pexip Holding ASA, RingCentral Inc., Sonic Foundry Inc., TIBCO Software Inc., Verizon Communications Inc., and Zoom Video Communications Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of ai-driven features in video conferencing."
According to the report, one of the major drivers for this market is the increasing globalization and need for cross-border communication.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 8x8 Inc.
- Adobe Inc.
- Amazon.com Inc.
- Avaya LLC
- Cisco Systems Inc.
- Dialpad Inc.
- Enghouse Systems Ltd.
- Google LLC
- Haivision Systems Inc.
- HP Inc.
- Huawei Technologies Co. Ltd.
- Kaltura Inc.
- Logitech International SA
- Microsoft Corp.
- Pexip Holding ASA
- RingCentral Inc.
- Sonic Foundry Inc.
- TIBCO Software Inc.
- Verizon Communications Inc.
- Zoom Video Communications Inc.
