Web Conferencing Market Global Industry Analysis,Growth,Trends and Forecast 2020

Web conferencing or webinar is a type of RTC (real-time communications). In web conferencing several computer users with Internet connection can see similar screen in their Web browsers. It is a service that permits conferencing events to be shared with the remote locations. Web conferencing can also be referred as online workshops interactive conferences. This service uses Internet technologies, mainly on TCP/IP connections. Web conferencing allows multicast communications and real-time communications (point-to-point) from one sender to multiple receivers. It provides data streams of voice, text-based messages, and video chat to be shared across dispersed locations. This service permits users to execute seminars and business meetings, presentations, demonstrations among others. It also offer direct customer support and provide online education.

Web conferencing offers efficient way to demonstrate products online, present information and collaborate with customers. In a web conference, every participant with their own computer is connected to other user by means of the internet. It is the most advanced technique employed by organizations to reach their customers at flexible times at the same time providing digital work place and saving travel cost. The most efficient web conferencing solutions need high-speed Internet connections at user sites. Some of the popular web conferencing services comprise features such as full-motion video, voice over IP (VoIP) and texting.

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Web conferencing offers several advantages to businesses in different ways. It reduces geographic barriers for business teams who work on specific business processes. Web conferencing cut expenses by reducing cost for several activities. Web conferencing has become preferred method over travelling and other traditional communication methods due to worldwide economic trends. Web conferencing eases training activities for employees in different locations. Enterprises can benefit from engaging with external constituents such as customers and business partners to build relationships using web conferencing tools.

With the improvements in web cameras, information technology and the internet, communicating by means of web has become effective and efficient. This has lead to renowned interest in web conferencing communication over the past couple of years. Web conferencing mainly driven by wider deployments and larger base of service users. There is an accelerated adoption pace of web conferencing services as it offers potential cost savings and productivity enhancements. Requirement for flexible work styles, rapid pace of technology change and ongoing workplace transformation are further supporting the web conferencing market growth.

The ideal web conferencing software must have threaded discussions within conferences, host tools and speed, filter and search tools for readers, separate conferences for broad subject groups and access control among others. Different web conferencing services providers provide service on a nominal monthly subscription. WebEx MEetMe Now, Citrix GO To Meeting, Microsoft Office Live meeting, Acrobat Connect Professional and IBM Sametime are some of the leading web conferencing software.

Some of the key participants in this industry include PowWow365, Adobe Connect, Calliflower, Cisco WebEx, Elluminate, GoToWebinar, Epiphan Systems, ACT Conferencing, Genesys Meeting Center, IBM Sametime, eXo Platform with Weemo, VeriShow, InterCall, BigBlueButton, Mikogo, Oracle Beehive, Netviewer, RHUB Communications Inc., Skype, Starlight Networks StarLive, OmNovia Technologies, TeamViewer, VenueGen, TimeBridge and Voxeet among others.

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