North America Video Conferencing Market Size and Competitive Analysis by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

North America Video Conferencing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Hardware, Software, and Services); Deployment (On-premise, Hybrid, and Cloud); Industry Vertical (Corporate Enterprise, Government & Defense, Healthcare, Education, Manufacturing, and Others), and Country

Report Date : Aug 2020
Report Code : TIPRE00012808

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 153

Page Updated: Oct 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Video Conferencing Market in North America was valued at US$ 2,029.8 million in 2019 and is projected to reach US$ 3,180.3 million by 2027.

Advancements in the 5G communication technology and efforts toward its commercialization are among the factors fuelling the growth of the Video Conferencing Market. Roll out of 5G would encourage the employees to conduct office meetings from personal devices such as smartphones and laptops. With the growing preference for flexible workplace, mainly among the millennial population, the North Amirica Video Conferencing Market for both hardware and software is likely to progress in the coming years.

Video conferencing is a live video-based platform made for conducting meetings between two or more individuals in distinct locations through a video-enabled devices. It enables several individuals to meet and collaborate face to face through long distance meeting by transmitting video, audio, text, and presentations in a real time via internet. The adoption of video conferencing has increased rapidly in the last few years. The businesses are observing a broad array of advantages as the companies are replacing their obsolete web or audio conferencing contracts with a modern cloud-based video conferencing solutions. Through their video conferencing solutions, players such as Zoom and Lifesize help enhance team communications and collaborations while increasing employee engagement and reducing operating costs.

The US industries continue to expand their business units across the nation’s borders. This is majorly attributed to the fact that the US government supports the well-established companies as well as the emerging companies or the SMEs to expand their businesses. The strong financial support from the government enables the SMEs and emerging companies to grow their businesses by expanding and incorporating newer and robust technologies such as establishing video conference set up at the new workspace. Thus, with continuous financial support from the government, the demand for Video Conferencing Market solutions is expected to rise.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Video Conferencing Market Segmentation

North America Video Conferencing Market – By Type

Hardware
Software
Services

North America Video Conferencing Market – By Deployment

On-Premise
Cloud
Hybrid

North America Video Conferencing Market – By Industry Vertical

Corporate Enterprise
Government & Defense
Healthcare
Education
Manufacturing
Others

North America Video Conferencing Market – By Country

US
Canada
Mexico

North America Video Conferencing Market – Companies Mentioned

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

North America Video Conferencing Report Scope

Report Attribute	Details
Market size in 2019	US$ 2,029.8 Million
Market Size by 2027	US$ 3,180.3 Million
Global CAGR (2020 - 2027)	XX%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Hardware Software Services By Deployment On-premise Hybrid Cloud By Industry Vertical Corporate Enterprise Government & Defense Healthcare Education Manufacturing
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Adobe Inc. Amazon Brother International Corporation Cisco Systems, Inc. Facebook, Inc. Google LLC Microsoft Corporation TeamViewer GmbH Zoho Corporation

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Video Conferencing Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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