openPR Logo
Press release

Enterprise Video Conferencing Market size is over USD 7.94 Billion in 2023 with 7.44% CAGR estimation from 2016 to 2023, According to Research Nester

05-15-2018 09:30 AM CET | IT, New Media & Software

Press release from: Research Nester Pvt Ltd

Enterprise Video Conferencing Market size is over USD 7.94

Global Enterprise Video Conferencing Market Overview

The culture of business and environment has been dramatically changed in the past few years. Presence of digitization and visual data sharing technology changes the business and shaping it in a new a way to achieve desired goals. Today the world is heading towards globalization, multinational enterprises are shifting towards video conferences and meetings in order to obtain effective results and decisions from off-shore branches. These factors flourish the culture of the business which helps to enhance the productivity of the business.

The video conferencing solutions help the organizations to achieve the desired goals by discussing the strategies and providing trainings over video conferences to enhance the business output. And, the enterprise video conferencing market has grown up significantly due to introduction of web-based technology with fewer complications by the IT sector. These factors will help the enterprise to expand and operate their business efficiently from the remote locations.

Market size and forecast

The global enterprise video conferencing market is expected to reach USD 7.94 Billion by 2023 from USD 3.85 Billion in 2015 and it is expected to expand at a CAGR of 7.44%% over the forecast period i.e. 2015-2023. Rising adoption of video conferencing facilities in healthcare and education sectors across the globe has strengthened the demand for enterprise video conferencing.

The North-America market accounted for the largest revenue share of 38.14% in 2014 in overall enterprise video conferencing market across the globe and it is expected to maintain its dominance in the near future. Rising adoption of video conferencing facilities in corporate enterprises are expected to drive the market of enterprise video conferencing across North-America in near future.

Request For Sample Pages: https://www.researchnester.com/sample-request/2/rep-id-164

Further, market of enterprise video conferencing is expected to register a CAGR of 9.2% in the Asia-Pacific region during the forecast period i.e. 2015-2023. Moreover, expansion of business by national and multinational organizations in developing countries of Asia-Pacific region such as India are likely to improve facilities of video conferencing in order to carry out off-shore meetings in Asia Pacific region. Whereas, presence of huge economic and IT sector in China which have latest and updated technology are likely to impact positively on the growth of enterprise video conferencing market over the forecast period of 2015-2023. 

Market Segmentation

Global Enterprise Video Conferencing Market is segmented as follows:

Analysis By Deployment Type

On-Premise Video Conferencing

Managed Video Conferencing

Cloud-based Video Conferencing

Analysis By End-User

Corporate Enterprise

Healthcare

Educational Institutions

Government and Defense            

By Region

Global Enterprise Video Conferencing Market is further classified on the basis of region as follows:

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World  Market Size and Y-O-Y Growth Analysis

Growth Drivers and challenges

 The improvement in productivity among the workforce of the enterprises through video conferences and meeting is expected to trigger the market for enterprise video conferencing during the forecast period i.e. 2015-2023. There is a continuous expansion of internet-based services to enhance the video conferencing quality and introduction of fast internet networks such as 4G has intensified the demand for enterprise video conferencing over the past few years. Moreover, rising popularity of managed video conferencing and cloud based conferencing as well as enhanced video-interfaces are some of the key factors which will further propel the market growth of enterprise video conferencing globally in future.

However, increasing facilities of communication and installation of internet based devices in educational institutes are expected to grow the demand for enterprise video conferencing across the globe.  Another major factor driving the growth of enterprise video conferencing market is increase in penetration of applications of video conferencing in healthcare sectors. Flexibility of working through remote locations, reduction in capital expenditures, owing of powerful tools for communication and growing need for effective communication purposes in corporate enterprise are believed to be the major drivers for the enterprise video conferencing market over the forecast period 2015-2023.

Request For TOC Here: - https://www.researchnester.com/toc-request/1/rep-id-164

Introduction of cloud-based video conferences and high-end technology video interfaces are likely to fuel the growth for enterprise video conferencing market in the near future. The need for better and cost-effective technology for communication purposes has increased in past few years by the multinational organizations which are looking to expand their business across the globe. Apart from this, the security in the sector of communication plays a crucial role in order to maintain confidentiality of the video conferences and communication. The lack of security in communication and rising unethical activities such as hacking are expected to hinder the growth for enterprise video conferencing market globally. High cost of video conferencing equipment and lack of communication technology in rural regions is likely to have connectivity issues and deficient of latest technology equipment in the region. These factors are expected to retrain the growth of enterprise video conferencing market across the globe.

Key Players

The key players of enterprise video conferencing market across the globe as follows:

Cisco Systems

Company Overview

Key Product Offerings

Business Strategy

SWOT Analysis

Financials

Microsoft Corporation

Avaya, Inc.

Adobe Systems

ZTE Corporation

Lifesize

BT Conferencing

NTT Communications Corporation

Visions Connected Netherlands BV

Level 3 Communications, LLC

Singtel Optus Pty Limited.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global Enterprise Video Conferencing Market is segmented as follows:

By Deployment type Market Size and Y-O-Y Growth Analysis

By End-user Market Size and Y-O-Y Growth Analysis

By Regions

North America (U.S., Canada) Market Size and Y-O-Y Growth Analysis

Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis

Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis

Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis

Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Rest of World  Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Request Buy Now: https://www.researchnester.com/payment/rep-id-164

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

For Table of Content & Free Sample Report Contact:

Name:-Ajay Daniel

Email: ajay.daniel@researchnester.com

U.S. +1 646 586 9123                                        

U.K. +44 203 608 5919

Website:-www.researchnester.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Enterprise Video Conferencing Market size is over USD 7.94 Billion in 2023 with 7.44% CAGR estimation from 2016 to 2023, According to Research Nester here

News-ID: 1049816 • Views:

More Releases from Research Nester Pvt Ltd

Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions And Top Key Players Analysis From 2017-2024
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers. Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Product Demand Forecast Till 2027
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions. According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And Top Key Players Analysis From 2019-2027
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027. The rising penetration of insect repellents in untapped rural markets across the developing countries as well as
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, Development, Revenue, Demand And Forecast To 2027
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,

All 4 Releases


More Releases for Conferencing

Video Conferencing Market |video conferencing equipment,video conferencing softw …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Video Conferencing Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Report Sample Copy of Video Conferencing Market @ https://www.mrrse.com/sample/711 This comprehensive report analyzes
Video Conferencing Market - The Rising Adoption of Cloud-Based Video Conferencin …
According to a new market report published by Transparency Market Research the global video conferencing market was valued at US$ 5,039.8 Mn in 2016 and is expected to expand at a CAGR of 7.9% from 2018 to 2026 to reach US$ 10,520.6 Mn by the end of the forecast period. According to the report, the global video conferencing market is expected to continue to be influenced by a range
Video Conferencing Market: Cloud-based Video Conferencing Services Ride on the B …
Video Conferencing Market: Snapshot The implementation of video conferencing in any enterprise significantly improves the rate and clarity of communication between employees across the hierarchy. This applies a great deal more to globally spread out companies, as the use of video conferencing can help them cut costs in operations management, training, and recruitment. Additionally, the current rate of cloud computing implementations in video conferencing is allowing an influx of companies of all
Video Conferencing Market: Global Enterprises Look for Easier Business Managemen …
The implementation of video conferencing in any enterprise significantly improves the rate and clarity of communication between employees across the hierarchy. This applies a great deal more to globally spread out companies, as the use of video conferencing can help them cut costs in operations management, training, and recruitment. Additionally, the current rate of cloud computing implementations in video conferencing is allowing an influx of companies of all sizes as customers
Video Conferencing Market: Cloud-based Video Conferencing Services Ride on the B …
As stated by TMR, corporate enterprises collectively held almost 60% of the video conferencing market in 2014, showing a consolidated market, with the rest of the share taken up by a scattered number of regional players. Global Enterprises Look for Easier Business Management through Video Conferencing Tools “Companies are constantly trying to expand their geographic horizons in order to get the most out of the regionally diverse market opportunities,” states a TMR
NBS LAUNCHES CONFERENCING SERVICE
System utilizes NBS V.o.I.C.E. Platform WAYNE, NJ — May 11, 2007 — NBS, a NY Metro area based telecom reseller and service provider, announced today the availability of a new audio conferencing service called NBS V.o.I.C.E. Commander. It is a totally automated and user friendly system that requires no reservations and can be accessed via a toll free number. "It is available 24 hours a day, 7 days a week, and