$4550
$2730
The Video Conferencing Market was valued at US$ 464.7 Mn in 2019 and is projected to reach US$ 1577.6 Mn by 2027; it is expected to grow at a CAGR of 16.9% from 2020 to 2027.
Video conferencing is a live video-based platform made for conducting meetings between two or more individuals in distinct locations through a video-enabled device. 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. Advancements in the 5G communication technology and efforts toward its commercialization are among the factors fueling the growth of the global 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.The countries in Asia Pacific region are the fastest growing economies in the world. The rate of industrialization in APAC is stupendous, and it is expected to continue in coming years. Several large enterprises in the region are expanding their business across the APAC region, leading the industrialization at a prime rate. Additionally, emerging SMEs with higher capital investments are also expected to boost the adoption of video conferencing tools. Thus, considering the growth prospect of large enterprises and SMEs in the region, the video conferencing market players in the region are anticipated to witness a significant demand. Countries such as China, Japan, South Korea, India, Taiwan, and Singapore are technologically advancing, by hosting numerous large enterprises and SMEs year on year. Traditionally, the enterprises in these countries used Virtual Private Network (VPN) to interact among teams or clients. With the evolution of video conferencing tools, the majority of large enterprises and several SMEs are switching to advanced solutions. The governments in APAC countries have started incorporating video conferencing tools to interact with government officials and hold important meetings regularly. The awareness related to the benefits of video conferencing over telephonic or in-person meetings is rising, which is expected to boost the growth of the video conferencing market. At present, the defense forces in the region are also using video conference solutions, with an objective to discuss several important issues with multiple participants. With the increase in procurement of advanced video conferencing tools among government sector and defense forces in APAC, the video conferencing market is expected to witness substantial growth in the coming years.
The outbreak of COVID-19 has led several countries across APAC to impose lockdown and restrict individuals to come out of their house. This has led the governments, enterprises, schools to use video conferencing tools to interact with individuals. The service providers operating in the video conferencing market are experiencing tremendous demand from numerous end users, which is catalyzing the video conferencing market.
Lucrative Regions for Video Conferencing Market
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Market Insights
Increasing Adoption of Advanced Technology in Educational and Healthcare Sectors
The educational and healthcare sectors are maturing across developing countries and are continuously experiencing the emergence of advanced technological solutions to increase efficiency. Traditionally, these sectors used room based interaction strategies; however, with the rise in technology, these sectors are investing in virtual solutions for better performance. In recent years, several educational institutions and healthcare organizations are incorporating video conferencing tools to educate students and treat located remotely patients. This is a crucial driving force for the video conferencing market.Component-Based Market Insights
Based on component, the Video Conferencing market is segmented into hardware, software, and services. Video conferencing solutions are increasingly becoming commonplace in every organization across industries. With an objective to interact with remotely located employees, or clients, or with any individuals located at disparate geography, the demand for video conferencing solutions is steeply growing. The rise in demand has been reflecting growth in the number of video conferencing hardware manufacturers, software developers, and service providers across the globe
Deployment Type Based- Market Insights
The video conferencing market encompasses large enterprises as well as small & medium enterprises (SMEs). The organizations are exercising paradigm shift from traditional video conferencing systems to modern-day video conferencing solutions. Companies across the world are looking forward to integrating their video conferencing with cloud-based applications. However, increasing dependency on the cloud has increased the threats from cyber-attacks. Thus, companies using for on-premise solutions are emphasizing towards hybrid solutions with an objective to utilize the benefits of highly secured on-premise solutions with an optimized cloud architecture.
Industry Vertical Based- Market Insights
The video conferencing market has been analyzed on the basis of different industry verticals such as corporate enterprises, government & defense, healthcare, education, manufacturing, and others. With the increase in globalization and the presence of numerous large enterprises as well as SMEs across different industries, the companies are extensively focusing on increasing their productivity. In an attempt to interact with clients, employees, doctors, patients, students, and defense personnel, the industry end users are constantly emphasizing on procuring video conference solutions. This factor is driving the video conferencing market across the industry vertical.
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Video Conferencing Market: Strategic Insights
Market Size Value in US$ 464.7 Mn in 2019 Market Size Value by US$ 1577.6 Mn by 2027 Growth rate CAGR of 16.9% from 2020 to 2027 Forecast Period 2020-2027 Base Year 2020
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Product development is the commonly adopted strategy by companies to expand their product portfolio. Adobe Systems Inc., Zoom, Avaya Inc., Cisco Systems Inc., Google LLC, Huawei Technologies, Ltd., Lifesize Inc., among others are the key players implementing strategies to enlarge the customer base and gain significant share in the global Video Conferencing Market, which in turn permits them to maintain their brand name. A few of the recent key developments are:Customize Research To Suit Your Requirement
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Video Conferencing Market: Strategic Insights
Market Size Value in | US$ 464.7 Mn in 2019 |
Market Size Value by | US$ 1577.6 Mn by 2027 |
Growth rate | CAGR of 16.9% from 2020 to 2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to Analyst- In 2020, Adobe Connect plays a crucial role is expanding its support due to spread of Adobe Connect. The product is helping schools, emergency response teams, communities, and businesses along with large virtual conferences and public health training arena.
- In 2020, Huawei revealed Huawei IdeaHub category of videoconferencing systems. The IdeaHub is an intelligent endpoint that integrates varied functions such as multi-screen collaboration between the mobiles and PCs, FHD video conferencing, remote collaboration, Huawei Cloud WeLink service, interactive whiteboard, and built-in HD AppGallery.
Video Conferencing Market Segmentation:
By Components
- Hardware
- Software
- Service
By Deployment Type
- Cloud
- Hybrid
- On-Premises
By Industry Vertical
- Corporate Enterprise
- Government & Defense
- Healthcare
- Education
- Manufacturing
- Others
Company Profiles
- Adobe Systems Inc.
- Zoom
- Avaya Inc.
- Cisco Systems Inc.
- Google LLC
- Huawei Technologies, Ltd.
- Lifesize Inc.
- Microsoft Corporation
- Polycom Inc.
- ZTE Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type; Deployment; Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
Corporate enterprises are among the key end users in the video conferencing market. The corporate enterprises comprise of large enterprises as well as small and medium enterprises (SMEs). These enterprises utilize video conferencing solutions heavily in order to interact with teams located at disparate geographical locations, and clients. Several large enterprises have been using this technology over a period of time. However, the large enterprises exercise up-gradation of video conferencing solutions in order to adopt newer and robust technologies. This factor is critically driving the video conferencing market.
Accentuating demand from SMEs is one of the key factor driving the global video conferencing market. The SMEs globally are observing growth in their annual revenues year on year, which is enabling them to invest in advanced technologies, including video conferencing tools. The benefit of the availability of faster internet infrastructure in developed and developing countries, coupled with the emergence of low-cost video conferencing solutions and cloud-based video meeting solutions, the video conferencing tools are becoming an integral technology among the SMEs.
The video conferencing market was dominated by North America due to developed economies such as the US, Canada, and Mexico. The US is a developed country in terms of modern technology and infrastructure. Technological advancements have led to highly competitive markets across North America. The region hosts several technological giants that invest significant amounts in the development of robust technologies. The presence of a large number of well-established, as well as emerging, video conferencing solution providers is a key force driving the video conferencing market in the region.
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
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Video Conferencing Market – Key Market 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 Asia Pacific 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 – Global Market Analysis
6.1 Video Conferencing Market Overview
6.2 Video Conferencing Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Key Players
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. Video Conferencing Market – Geographic Analysis
10.1 Overview
10.2 North America: Video Conferencing Market
10.2.1 North America: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Video Conferencing Market, by Type
10.2.3 North America: Video Conferencing Market, by Deployment
10.2.4 North America: Video Conferencing Market, by Industry Vertical
10.2.5 North America: Video Conferencing Market, by Key Country
10.2.5.1 US: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Video Conferencing Market, by Type
10.2.5.1.2 US: Video Conferencing Market, by Deployment
10.2.5.1.3 US: Video Conferencing Market, by Industry Vertical
10.2.5.2 Canada: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Video Conferencing Market, by Type
10.2.5.2.2 Canada: Video Conferencing Market, by Deployment
10.2.5.2.3 Canada: Video Conferencing Market, by Industry Vertical
10.2.5.3 Mexico: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Video Conferencing Market, by Type
10.2.5.3.2 Mexico: Video Conferencing Market, by Deployment
10.2.5.3.3 Mexico: Video Conferencing Market, by Industry Vertical
10.3 Europe: Video Conferencing Market
10.3.1 Europe: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Video Conferencing Market, by Type
10.3.3 Europe: Video Conferencing Market, by Deployment
10.3.4 Europe: Video Conferencing Market, by Industry Vertical
10.3.5 Europe: Video Conferencing Market, by Key Country
10.3.5.1 Germany: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Video Conferencing Market, by Type
10.3.5.1.2 Germany: Video Conferencing Market, by Deployment
10.3.5.1.3 Germany: Video Conferencing Market, by Industry Vertical
10.3.5.2 France: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Video Conferencing Market, by Type
10.3.5.2.2 France: Video Conferencing Market, by Deployment
10.3.5.2.3 France: Video Conferencing Market, by Industry Vertical
10.3.5.3 Italy: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Video Conferencing Market, by Type
10.3.5.3.2 Italy: Video Conferencing Market, by Deployment
10.3.5.3.3 Italy: Video Conferencing Market, by Industry Vertical
10.3.5.4 UK: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Video Conferencing Market, by Type
10.3.5.4.2 UK: Video Conferencing Market, by Deployment
10.3.5.4.3 UK: Video Conferencing Market, by Industry Vertical
10.3.5.5 Russia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Video Conferencing Market, by Type
10.3.5.5.2 Russia: Video Conferencing Market, by Deployment
10.3.5.5.3 Russia: Video Conferencing Market, by Industry Vertical
10.3.5.6 Rest of Europe: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Video Conferencing Market, by Type
10.3.5.6.2 Rest of Europe: Video Conferencing Market, by Deployment
10.3.5.6.3 Rest of Europe: Video Conferencing Market, by Industry Vertical
10.4 APAC: Video Conferencing Market
10.4.1 APAC: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Video Conferencing Market, by Type
10.4.3 APAC: Video Conferencing Market, by Deployment
10.4.4 APAC: Video Conferencing Market, by Industry Vertical
10.4.5 APAC: Video Conferencing Market, by Key Country
10.4.5.1 Australia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Video Conferencing Market, by Type
10.4.5.1.2 Australia: Video Conferencing Market, by Deployment
10.4.5.1.3 Australia: Video Conferencing Market, by Industry Vertical
10.4.5.2 China: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Video Conferencing Market, by Type
10.4.5.2.2 China: Video Conferencing Market, by Deployment
10.4.5.2.3 China: Video Conferencing Market, by Industry Vertical
10.4.5.3 India: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Video Conferencing Market, by Type
10.4.5.3.2 India: Video Conferencing Market, by Deployment
10.4.5.3.3 India: Video Conferencing Market, by Industry Vertical
10.4.5.4 Japan: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Video Conferencing Market, by Type
10.4.5.4.2 Japan: Video Conferencing Market, by Deployment
10.4.5.4.3 Japan: Video Conferencing Market, by Industry Vertical
10.4.5.5 South Korea: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Video Conferencing Market, by Type
10.4.5.5.2 South Korea: Video Conferencing Market, by Deployment
10.4.5.5.3 South Korea: Video Conferencing Market, by Industry Vertical
10.4.5.6 Indonesia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Indonesia: Video Conferencing Market, by Type
10.4.5.6.2 Indonesia: Video Conferencing Market, by Deployment
10.4.5.6.3 Indonesia: Video Conferencing Market, by Industry Vertical
10.4.5.7 Rest of APAC: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.7.1 Rest of APAC: Video Conferencing Market, by Type
10.4.5.7.2 Rest of APAC: Video Conferencing Market, by Deployment
10.4.5.7.3 Rest of APAC: Video Conferencing Market, by Industry Vertical
10.5 MEA: Video Conferencing Market
10.5.1 MEA: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Video Conferencing Market, by Type
10.5.3 MEA: Video Conferencing Market, by Deployment
10.5.4 MEA: Video Conferencing Market, by Industry Vertical
10.5.5 MEA: Video Conferencing Market, by Key Country
10.5.5.1 South Africa: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Video Conferencing Market, by Type
10.5.5.1.2 South Africa: Video Conferencing Market, by Deployment
10.5.5.1.3 South Africa: Video Conferencing Market, by Industry Vertical
10.5.5.2 Saudi Arabia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Video Conferencing Market, by Type
10.5.5.2.2 Saudi Arabia: Video Conferencing Market, by Deployment
10.5.5.2.3 Saudi Arabia: Video Conferencing Market, by Industry Vertical
10.5.5.3 UAE: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Video Conferencing Market, by Type
10.5.5.3.2 UAE: Video Conferencing Market, by Deployment
10.5.5.3.3 UAE: Video Conferencing Market, by Industry Vertical
10.5.5.4 Rest of MEA: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Video Conferencing Market, by Type
10.5.5.4.2 Rest of MEA: Video Conferencing Market, by Deployment
10.5.5.4.3 Rest of MEA: Video Conferencing Market, by Industry Vertical
10.6 SAM: Video Conferencing Market
10.6.1 SAM: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Video Conferencing Market, by Type
10.6.3 SAM: Video Conferencing Market, by Deployment
10.6.4 SAM: Video Conferencing Market, by Industry Vertical
10.6.5 SAM: Video Conferencing Market, by Key Country
10.6.5.1 Brazil: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Video Conferencing Market, by Type
10.6.5.1.2 Brazil: Video Conferencing Market, by Deployment
10.6.5.1.3 Brazil: Video Conferencing Market, by Industry Vertical
10.6.5.2 Argentina: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Video Conferencing Market, by Type
10.6.5.2.2 Argentina: Video Conferencing Market, by Deployment
10.6.5.2.3 Argentina: Video Conferencing Market, by Industry Vertical
10.6.5.3 Rest of SAM: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Video Conferencing Market, by Type
10.6.5.3.2 Rest of SAM: Video Conferencing Market, by Deployment
10.6.5.3.3 Rest of SAM: Video Conferencing Market, by Industry Vertical
11. Impact of COVID-19 Pandemic on Video Conferencing Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South 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. Global Video Conferencing Market, by Region – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 6. North America: Video Conferencing Market, by Country – Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 9. US: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Europe: Video Conferencing Market, by Deployment– Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. Germany: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 21. Germany: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. France: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 24. France: Video Conferencing Market, By End-Use Industry – Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 26. Italy: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 27. Italy: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 28. UK: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 29. UK: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 30. UK: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 33. Russia: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC:Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 38. APAC: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 39. APAC: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 40. APAC: Video Conferencing Market, by Key Country – Revenue and Forecast to 2027 (US$ Million)
Table 41. Australia: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 42. Australia: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 43. Australia: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 44. China: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. China: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 46. China: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 47. India: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 48. India: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 49. India: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 50. Japan: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 51. Japan: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 52. Japan: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 53. South Korea: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 54. South Korea: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 55. South Korea: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 56. Indonesia: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 57. Indonesia: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 58. Indonesia: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 59. Rest of APAC: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 60. Rest of APAC: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 61. Rest of APAC: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 62. MEA: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 63. MEA: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 64. MEA: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027(US$ Million)
Table 65. South Africa: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 66. South Africa: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 67. South Africa: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 68. Saudi Arabia: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 69. Saudi Arabia: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 70. Saudi Arabia: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 71. UAE: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 72. UAE: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 73. UAE: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 74. Rest of MEA: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 75. Rest of MEA: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 76. Rest of MEA: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 77. SAM: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 78. SAM: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 79. SAM: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 80. South America Video Conferencing Market, by Country – Revenue and Forecast to 2027 (US$ Million)
Table 81. Brazil: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 82. Brazil: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 83. Brazil: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 84. Argentina: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 85. Argentina: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 86. Argentina: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 87. Rest of SAM: Video Conferencing Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 88. Rest of SAM: Video Conferencing Market, by Deployment – Revenue and Forecast to 2027 (US$ Million)
Table 89. Rest of SAM: Video Conferencing Market, by Industry Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 90. Video Conferencing Market: List of Abbreviation
LIST OF FIGURES
Figure 1. Video Conferencing Market Segmentation
Figure 2. Video Conferencing Market Segmentation – By Geography
Figure 3. Global Video Conferencing Market- Geographical Analysis
Figure 4. Global Video Conferencing Market Overview
Figure 5. Hardware Segment Is Expected To Dominate The Market By Type
Figure 6. Hybrid Segment Is Expected To Witness The High Growth During The Forecast Period 2020-2027
Figure 7. Education Segment Is Expected To Witness The High Growth During The Forecast Period 2020-2027
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. APAC: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. South America: PEST Analysis
Figure 13. Video Conferencing Market Ecosystem Analysis
Figure 14. Video Conferencing Market Impact Analysis of Drivers And Restraints
Figure 15. Global Video Conferencing Market
Figure 16. Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Global: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 18. Hardware: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Software: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Services: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Global: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 22. Cloud: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. On-Premise: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Hybrid: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Global: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 26. Corporate Enterprises: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Government& Defense: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Healthcare: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Education: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Manufacturing: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 31. Others: Video Conferencing Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 32. Global:Video Conferencing Market Revenue Share, by Region (2019 and 2027)
Figure 33. North America: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. North America: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 35. North America: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 36. North America: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 37. North America: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)
Figure 38. US: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Canada: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Mexico: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Europe: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Europe: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 43. Europe: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 44. Europe: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 45. Europe: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)
Figure 46. Germany: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. France: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Italy: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. UK: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Russia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Rest of Europe: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. APAC: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. APAC: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 54. APAC: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 55. APAC: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 56. APAC: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)
Figure 57. Australia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. China: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. India: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. Japan: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. South Korea: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. Indonesia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. Rest of APAC: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. MEA: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. MEA: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 66. MEA: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 67. MEA: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 68. MEA: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)
Figure 69. South Africa: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. Saudi Arabia: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. UAE: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. Rest of MEA: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. SAM: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. SAM: Video Conferencing Market Revenue Share, by Type (2019 and 2027)
Figure 75. SAM: Video Conferencing Market Revenue Share, by Deployment (2019 and 2027)
Figure 76. SAM: Video Conferencing Market Revenue Share, by Industry Vertical (2019 and 2027)
Figure 77. SAM: Video Conferencing Market Revenue Share, by Key Country (2019 and 2027)
Figure 78. Brazil: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 79. Argentina: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 80. Rest of SAM: Video Conferencing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 81. Impact of COVID-19 Pandemic in North American Country
Figure 82. Impact of COVID-19 Pandemic in Europe Country
Figure 83. Impact of COVID-19 Pandemic in Asia Pacific Country
Figure 84. Impact OF COVID-19 Pandemic in Middle East and Africa Country
Figure 85. Impact of COVID-19 Pandemic in South America Country
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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