Video Conferencing Market to Grow at a CAGR of 8.6% to reach US$ 12,005.7 Million from 2020 to 2027

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

Publication Month: Apr 2020 | Report Code: TIPTE100000350 | No. of Pages: 186 | Category: Technology, Media and Telecommunications | Status: Published
Covid

The video conferencing marketwas valued at US$ 5,970.3 million in 2019 and is projected to reach US$ 12,005.7 million by 2027; it is expected to grow at a CAGR of 8.6% 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 real time via internet. This is enabling the video conferencing market players to experience substantial growth in demand for their products over the 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. These advantages are reflecting in the rise in adoption, which, in turn, is showcasing growth in the video conferencing market.

 

The stupendous growth of global industrialization is majorly attributed to large enterprises. However, the small scale and medium scale enterprises also play a critical role in driving the industrialization trend. The developed and developing countries have been continuously witnessing the increase in number of small and medium-sized enterprises (SMEs) over the past couple of years. As the SMEs across the globe are establishing multiple offices to enhance the productivity and profit year-on-year,thedeployment of video conferencing tools is surging rapidly among the SMEs, with an objective to interact with remotely or disparately located teams. The rising demand for virtual video meeting solutions is boosting the video conferencing market growth.

 

The continuous growth of SMEs in developing countries is anticipated to bolster the video conferencing market growth in the coming years. This is due to the fact that the SMEs in the IT sector relyheavily on foreign clients, and the SMEs are expected to raise the investments toward virtual discussion rooms to offer better service to their clients. This factor would rise in the adoption of audio visual over IP (AV-IP) solutions, thereby propelling the growth of video conferencing market.

 

The outbreak of COVID-19 has led several countries across APAC to impose lockdown. 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 growth.

 

Lucrative Regions for Video Conferencing Market

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Video Conferencing 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 use 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 patients located remotely. This is a crucial driving force for the video conferencing market.

 

The online education is highly noticeable in countries such as India, Singapore, Japan, South Korea, and Australia. This majorly pertains to the rise in the quest to organize an academic conference, in teacher’s training programme, or a webinar for online education with other schools. Additionally, the modern video conference tools support recording and playback options, which have attracted several educational institutes and students. The record and playback option facilitates the learner to replay the session for a better understanding of the subject. These factors are creating significant business opportunities for the video conferencing market players.

 

Similarly, the healthcare industry is making significant strides to adopt technologically advanced solutions. As the demand for online consultation or telemedicine is surging among the patients, the healthcare industry players are emphasizing on adopting virtual consultation room setups, which is catalyzing the procurement of video conferencing tools, thereby driving the growth of the video conferencing market. The requirement for online or virtual consultation is growing especially among the remotely or geographically disparate patients. Additionally, the advent of telepresence robots has facilitated the doctors to assist their patients residing in the remote locations. Thus, the rising adoption of online video consultation solutions in the healthcare sector is driving the video conferencing market.

 

Type-BasedInsights

Video conferencing solutions are increasingly becoming commonplace in every organization across industries. The rising demand for these solutions is catering the growth of the video conferencing market. With an objective to interact with remotely located employees, or clients, or with any individuals located at disparate geographies, the demand for video conferencing solutions is growingsteeply. The rise in demand has been reflecting growth in the number of hardware manufacturers, software developers, and service providers in the video conferencing market across the globe.

 

The hardware providers play a critical role in supporting the video conferencing market growth by innovating and delivering robust technology products to the clients. The software developers, on the other hand, are continuously focusing on upgrading the existing software with newer features, which is attracting a significant percentage of end users, thereby driving the video conferencing market. The service providers are observing extraordinary demand for their services as the end users inthevideo conferencing market are demanding for continuous consultation services, educational service, and maintenance services.

 

Global Video ConferencingMarket, by Type– 2019& 2027

Global Video ConferencingMarket, by Type– 2019& 2027

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Deployment - Based Insights

The video conferencing market encompasses large enterprises as well as small andmedium-sized 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 cyberattacks. Thus, companies using for on-premises solutions are emphasizing toward hybrid solutions with an objective to utilize the benefits of highly secured on-premises solutions with an optimized cloud architecture. Thus, with the rise in the demand for hybrid architecture, the video conferencing market is expected to surge over the years.

 

Industry Vertical - Based Insights

With the increase in globalization and the presence of numerous large enterprises and 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 industry verticals.

 

The video conferencing market is expected to experience surge in the coming years pertaining to the rising number of SMEs across the globe. In addition, the outbreak of the COVID-19 pandemic has reflected enormous growth in demand for video conferencing solutions, pertaining to the fact that the maximum number of industries across the globe expect healthcare and defense are exercising work from home. This has led the enterprises to opt for video conference solutions intending to interact with employees and clients and ultimately gain profit, which is showcasing growth in the video conferencing market.

 

Strategic Insights

Product innovation strategy is commonly adopted by the video conferencing market players to grow theircustomer base, meet the growing demand, and expand their global footprints. This strategy is mostly observed in North America and Europe. The players present in the video conferencing market adopt the strategy of expansion and investment in research and development to enlarge customer base across the world, which also permits the players to maintain their brand name globally. A few recent acquisitions are listed below:

 

In 2019,Lifesize introduced Rooms-as-a-Service thatincludes the availability and pricing packages to help enterprises lower 20–30% of total cost of ownership in a first two years of service. 

 

In 2019, Poly revealed broad array of video endpoints thatsimplifies video conferencing experience for the Zoom Rooms. The company has stated two new purpose-built all-in-one video bars, Poly Studio X50, and Poly Studio X30.

 

In 2019, Poly G7500 introduced all-in-one content and video conferencing solution


By Type

  • Hardware
  • Software
  • Services


By Deployment

  • On-premises
  • Cloud
  • Hybrid


By Industry Vertical

  • Corporate Enterprises
  • Government & Defense
  • Healthcare
  • Education
  • Manufacturing
  • Others

 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Indonesia
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

 

CompanyProfiles

  • Adobe
  • Zoom Video Communications, Inc.
  • Avaya, Inc.
  • Cisco Systems, Inc.
  • Google LLC
  • Huawei Technologies, Ltd.
  • Lifesize, Inc.
  • Microsoft Corporation
  • Polycom Inc. (Plantronics Inc.)
  • ZTE Corporation  

 

 

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 List of  companies - Video Conferencing Market-

  1. Adobe Systems Inc.
  2. Zoom
  3. Avaya Inc.
  4. Cisco Systems Inc.
  5. Google
  6. Huawei Investment and Holding Co., Ltd.
  7. Lifesize Inc.
  8. Microsoft Corporation
  9. Polycom Inc. (Platronic Inc.)
  10. ZTE Corporation

 

  • 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 video conferencing market, thereby allowing players to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global 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 technology and solution type.
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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.

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