North America Video Conferencing Market to Grow at a CAGR of 5.2% to reach US$ 3,180.3 Million from 2020 to 2027

North America Video Conferencing Market Forecast to 2027- Covid-19 Impact and 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

Publication Month: Aug 2020 | Report Code: TIPRE00012808 | No. of Pages: 153 | Category: Technology, Media and Telecommunications | Status: Published
Covid

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 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.
North America Video Conferencing Market

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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.

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research 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

4.1.1        North America

4.2         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        US and Canada 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 – North America 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

7.4.1        Overview

7.4.1.1          Software: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

7.5         Services

7.5.1        Overview

7.5.1.1          Services: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

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

8.4.1        Overview

8.4.1.1          On-Premise: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

8.5         Hybrid

8.5.1        Overview

8.5.1.1          Hybrid: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

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

9.4.1        Overview

9.4.1.1          Government& Defense: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

9.5         Healthcare

9.5.1        Overview

9.5.1.1          Healthcare: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

9.6         Education

9.6.1        Overview

9.6.1.1          Education: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

9.7         Manufacturing

9.7.1        Overview

9.7.1.1          Manufacturing: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

9.8         Others

9.8.1        Overview

9.8.1.1          Others: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

10.        North America Video Conferencing Market – Country Analysis

10.1      North America: Video Conferencing Market

10.1.1     North America: Video Conferencing Market, by Key Country

10.1.1.1       US: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       US: Video Conferencing Market, by Type

10.1.1.1.2       US: Video Conferencing Market, by Deployment

10.1.1.1.3       US: Video Conferencing Market, by Industry Vertical

10.1.1.2       Canada: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       Canada: Video Conferencing Market, by Type

10.1.1.2.2       Canada: Video Conferencing Market, by Deployment

10.1.1.2.3       Canada: Video Conferencing Market, by Industry Vertical

10.1.1.3       Mexico: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Mexico: Video Conferencing Market, by Type

10.1.1.3.2       Mexico: Video Conferencing Market, by Deployment

10.1.1.3.3       Mexico: Video Conferencing Market, by Industry Vertical

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

11.1      North America: 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      Adobe Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Avaya Inc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Cisco Systems, Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Google LLC

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Microsoft Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Polycom, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      ZTE Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Lifesize Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Zoom Video Communications, Inc.

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Huawei Technologies Co., Ltd.

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners
14.2      Word Index

LIST OF TABLES

Table 1.             Video Conferencing Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             North America Video Conferencing Market, By Country – Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 4.             US: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)

Table 5.             US: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Canada: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Canada: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)

Table 9.             Mexico: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Mexico: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Mexico: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Video Conferencing Market: List of Abbreviation

LIST OF FIGURES

Figure 1.           Video Conferencing Market Segmentation

Figure 2.           Video Conferencing Market Segmentation – By Country

Figure 3.           North America Video Conferencing Market

Figure 4.           Hardware segment is expected to dominate the market, by type

Figure 5.           Hybrid to witness high CAGR during the forecast period

Figure 6.           Corporate enterprise is expected to dominate the market during the forecast period

Figure 7.           North America: PEST Analysis

Figure 8.           Video Conferencing Market Ecosystem Analysis

Figure 9.          Video Conferencing Market Impact Analysis of Drivers And Restraints

Figure 10.        Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        North America: Video Conferencing Market Revenue Share, by Type (2019 and 2027)

Figure 12.        Hardware: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.        Software: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        Services: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        North America: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)

Figure 16.        Cloud: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        On-Premise: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Hybrid: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        North America: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)

Figure 20.        Corporate Enterprises: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        Government& Defense: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Healthcare: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Education: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        Manufacturing: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 25.        Others: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 26.        North America: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)

Figure 27.        US: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Canada: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Mexico: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.           Impact of COVID-19 Pandemic in North American Country

  1. Adobe Inc.
  2. Amazon
  3. Brother International Corporation
  4. Cisco Systems, Inc.
  5. Facebook, Inc.
  6. Google LLC
  7. Microsoft Corporation
  8. TeamViewer GmbH
  9. Zoho Corporation
  10. Zoom Video Communications, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Video Conferencing Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Video Conferencing Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
TIPRE00012808
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