The term web conferencing combines different types of online collaboration services such as webcasts, webinars, and web meetings. It is an online service through which businesses or enterprises can hold distant meetings, presentations, and conferences. Increasing globalization in the emerging economies and conglomerates setting up their offices in these countries is particularly influencing the demand for web conferencing. The Asia Pacific is expected to observe high growth for the web conferencing market during the forecast period.
MARKET DYNAMICS
The web conferencing market is anticipated to grow in the forecast period owing to driving factors such as the growing use of the internet in communication, coupled with the increasing demand for WebRTC solutions across enterprises. Demand for robust and secure communication is further expected to augment the market growth. However, interoperability issues across browsers may hamper the growth of the web conferencing market during the forecast period. On the other hand, customized solutions catering to different organizational needs offer lucrative growth prospects for the web conferencing market over the coming years.
MARKET SCOPE
The "Global Web Conferencing Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of web conferencing market with detailed market segmentation by communication mode, enterprise size, and geography. The global web conferencing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading web conferencing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global web conferencing market is segmented on the basis of communication mode and enterprise size. Based on communication mode, the market is segmented as voice, video, and text. On the basis of the enterprise size, the market is segmented as large enterprises and SMEs.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global web conferencing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The web conferencing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting web conferencing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the web conferencing market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global web conferencing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The web conferencing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting web conferencing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the web conferencing market in these regions.
MARKET PLAYERS
The reports cover key developments in the web conferencing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from web conferencing market are anticipated to lucrative growth opportunities in the future with the rising demand for web conferencing in the global market. Below mentioned is the list of few companies engaged in the web conferencing market.
The report also includes the profiles of key web conferencing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Adobe
- Cisco Systems, Inc.
- IBM Corporation
- iotum Corporation
- Oracle Corporation
- Premiere Global Services, Inc.
- R-HUB Communications, Inc.
- Skype Communications S.a r.l.
- VeriShow
- Zoho Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Web Conferencing Market - By Communication Mode
1.3.2 Web Conferencing Market - By Enterprise Size
1.3.3 Web Conferencing Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WEB CONFERENCING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WEB CONFERENCING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. WEB CONFERENCING MARKET - GLOBAL MARKET ANALYSIS
6.1. WEB CONFERENCING - GLOBAL MARKET OVERVIEW
6.2. WEB CONFERENCING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WEB CONFERENCING MARKET - REVENUE AND FORECASTS TO 2028 - COMMUNICATION MODE
7.1. OVERVIEW
7.2. COMMUNICATION MODE MARKET FORECASTS AND ANALYSIS
7.3. VOICE
7.3.1. Overview
7.3.2. Voice Market Forecast and Analysis
7.4. VIDEO
7.4.1. Overview
7.4.2. Video Market Forecast and Analysis
7.5. TEXT
7.5.1. Overview
7.5.2. Text Market Forecast and Analysis
8. WEB CONFERENCING MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
8.1. OVERVIEW
8.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
8.3. LARGE ENTERPRISE
8.3.1. Overview
8.3.2. Large Enterprise Market Forecast and Analysis
8.4. SMES
8.4.1. Overview
8.4.2. SMEs Market Forecast and Analysis
9. WEB CONFERENCING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Web Conferencing Market Overview
9.1.2 North America Web Conferencing Market Forecasts and Analysis
9.1.3 North America Web Conferencing Market Forecasts and Analysis - By Communication Mode
9.1.4 North America Web Conferencing Market Forecasts and Analysis - By Enterprise Size
9.1.5 North America Web Conferencing Market Forecasts and Analysis - By Countries
9.1.5.1 United States Web Conferencing Market
9.1.5.1.1 United States Web Conferencing Market by Communication Mode
9.1.5.1.2 United States Web Conferencing Market by Enterprise Size
9.1.5.2 Canada Web Conferencing Market
9.1.5.2.1 Canada Web Conferencing Market by Communication Mode
9.1.5.2.2 Canada Web Conferencing Market by Enterprise Size
9.1.5.3 Mexico Web Conferencing Market
9.1.5.3.1 Mexico Web Conferencing Market by Communication Mode
9.1.5.3.2 Mexico Web Conferencing Market by Enterprise Size
9.2. EUROPE
9.2.1 Europe Web Conferencing Market Overview
9.2.2 Europe Web Conferencing Market Forecasts and Analysis
9.2.3 Europe Web Conferencing Market Forecasts and Analysis - By Communication Mode
9.2.4 Europe Web Conferencing Market Forecasts and Analysis - By Enterprise Size
9.2.5 Europe Web Conferencing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Web Conferencing Market
9.2.5.1.1 Germany Web Conferencing Market by Communication Mode
9.2.5.1.2 Germany Web Conferencing Market by Enterprise Size
9.2.5.2 France Web Conferencing Market
9.2.5.2.1 France Web Conferencing Market by Communication Mode
9.2.5.2.2 France Web Conferencing Market by Enterprise Size
9.2.5.3 Italy Web Conferencing Market
9.2.5.3.1 Italy Web Conferencing Market by Communication Mode
9.2.5.3.2 Italy Web Conferencing Market by Enterprise Size
9.2.5.4 United Kingdom Web Conferencing Market
9.2.5.4.1 United Kingdom Web Conferencing Market by Communication Mode
9.2.5.4.2 United Kingdom Web Conferencing Market by Enterprise Size
9.2.5.5 Russia Web Conferencing Market
9.2.5.5.1 Russia Web Conferencing Market by Communication Mode
9.2.5.5.2 Russia Web Conferencing Market by Enterprise Size
9.2.5.6 Rest of Europe Web Conferencing Market
9.2.5.6.1 Rest of Europe Web Conferencing Market by Communication Mode
9.2.5.6.2 Rest of Europe Web Conferencing Market by Enterprise Size
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Web Conferencing Market Overview
9.3.2 Asia-Pacific Web Conferencing Market Forecasts and Analysis
9.3.3 Asia-Pacific Web Conferencing Market Forecasts and Analysis - By Communication Mode
9.3.4 Asia-Pacific Web Conferencing Market Forecasts and Analysis - By Enterprise Size
9.3.5 Asia-Pacific Web Conferencing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Web Conferencing Market
9.3.5.1.1 Australia Web Conferencing Market by Communication Mode
9.3.5.1.2 Australia Web Conferencing Market by Enterprise Size
9.3.5.2 China Web Conferencing Market
9.3.5.2.1 China Web Conferencing Market by Communication Mode
9.3.5.2.2 China Web Conferencing Market by Enterprise Size
9.3.5.3 India Web Conferencing Market
9.3.5.3.1 India Web Conferencing Market by Communication Mode
9.3.5.3.2 India Web Conferencing Market by Enterprise Size
9.3.5.4 Japan Web Conferencing Market
9.3.5.4.1 Japan Web Conferencing Market by Communication Mode
9.3.5.4.2 Japan Web Conferencing Market by Enterprise Size
9.3.5.5 South Korea Web Conferencing Market
9.3.5.5.1 South Korea Web Conferencing Market by Communication Mode
9.3.5.5.2 South Korea Web Conferencing Market by Enterprise Size
9.3.5.6 Rest of Asia-Pacific Web Conferencing Market
9.3.5.6.1 Rest of Asia-Pacific Web Conferencing Market by Communication Mode
9.3.5.6.2 Rest of Asia-Pacific Web Conferencing Market by Enterprise Size
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Web Conferencing Market Overview
9.4.2 Middle East and Africa Web Conferencing Market Forecasts and Analysis
9.4.3 Middle East and Africa Web Conferencing Market Forecasts and Analysis - By Communication Mode
9.4.4 Middle East and Africa Web Conferencing Market Forecasts and Analysis - By Enterprise Size
9.4.5 Middle East and Africa Web Conferencing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Web Conferencing Market
9.4.5.1.1 South Africa Web Conferencing Market by Communication Mode
9.4.5.1.2 South Africa Web Conferencing Market by Enterprise Size
9.4.5.2 Saudi Arabia Web Conferencing Market
9.4.5.2.1 Saudi Arabia Web Conferencing Market by Communication Mode
9.4.5.2.2 Saudi Arabia Web Conferencing Market by Enterprise Size
9.4.5.3 U.A.E Web Conferencing Market
9.4.5.3.1 U.A.E Web Conferencing Market by Communication Mode
9.4.5.3.2 U.A.E Web Conferencing Market by Enterprise Size
9.4.5.4 Rest of Middle East and Africa Web Conferencing Market
9.4.5.4.1 Rest of Middle East and Africa Web Conferencing Market by Communication Mode
9.4.5.4.2 Rest of Middle East and Africa Web Conferencing Market by Enterprise Size
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Web Conferencing Market Overview
9.5.2 South and Central America Web Conferencing Market Forecasts and Analysis
9.5.3 South and Central America Web Conferencing Market Forecasts and Analysis - By Communication Mode
9.5.4 South and Central America Web Conferencing Market Forecasts and Analysis - By Enterprise Size
9.5.5 South and Central America Web Conferencing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Web Conferencing Market
9.5.5.1.1 Brazil Web Conferencing Market by Communication Mode
9.5.5.1.2 Brazil Web Conferencing Market by Enterprise Size
9.5.5.2 Argentina Web Conferencing Market
9.5.5.2.1 Argentina Web Conferencing Market by Communication Mode
9.5.5.2.2 Argentina Web Conferencing Market by Enterprise Size
9.5.5.3 Rest of South and Central America Web Conferencing Market
9.5.5.3.1 Rest of South and Central America Web Conferencing Market by Communication Mode
9.5.5.3.2 Rest of South and Central America Web Conferencing Market by Enterprise Size
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. WEB CONFERENCING MARKET, KEY COMPANY PROFILES
11.1. ADOBE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CISCO SYSTEMS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. IBM CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. IOTUM CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ORACLE CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PREMIERE GLOBAL SERVICES, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. R-HUB COMMUNICATIONS, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SKYPE COMMUNICATIONS S.A R.L.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VERISHOW
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZOHO CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Adobe
2.Cisco Systems, Inc.
3.IBM Corporation
4.iotum Corporation
5.Oracle Corporation
6.Premiere Global Services, Inc.
7.R-HUB Communications, Inc.
8.Skype Communications S.a r.l.
9.VeriShow
10.Zoho Corporation
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
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
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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