Press release
Video Conferencing Services Market Size will Escalate Rapidly in the Near Future
Video conferencing refers to conducting conference using telecommunication technologies for a real-time two-way transmission of audio and video. With rise in globalization, organizations are shifting toward videoconference meetings so as to enable faster decision making and reduce travel hassles. In the corporate sector, video conferencing is predominantly used for effective real-time communication over long distances at minimal cost and time and enhance productivity between teams based at different locations worldwide. Additionally, it saves travel expenses and addresses customer queries in real time. The global video conferencing market is anticipated to grow at a CAGR of 7.9% during the forecast period. It was valued at approximately US$ 5 Bn in 2016.The video conferencing market is witnessing significant growth owing to the rising adoption of cloud-based video conferencing solutions globally. Increasing adoption of cloud-based video conferencing services has led to implementation of better encryption and password protected solutions for cloud-based video conferencing systems across the world. Furthermore, rise in usage of cloud-based solutions and emergence of 3D technology in video conferencing solutions are a major factor accelerating the demand for this solution globally. According to a report published by the American Telemedicine Association in 2015, more than 200 academic medical centers in the U.S. offer video-based consulting to clients based in other parts of the world.
Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3961
Video conferencing is a common technology tool used by enterprises for enhanced collaboration. Additionally, organizations are increasingly focusing on curtailing costs related to their means of communication. This has created immense opportunities for the video conferencing market, thereby, leading to development of advanced conferencing solutions and services. Furthermore, considering the rising need to reduce operating costs, there has been a recent shift from the traditional immersive telepresence systems to software solutions in the video conferencing market. Enterprises across the world seek to deploy low-cost and scalable cloud-based video conferencing solutions to reduce the total cost of ownership (TCO).
Managing business in the global context and increasing adoption of video conferencing solutions by small and medium enterprises (SMEs) are the key factors driving the growth of the video conferencing market globally. Cloud-based video conferencing services offer higher accessibility to end-users, as the infrastructure is managed and maintained at the service provider’s site. Moreover, the rising trend of mobile workforce and Bring Your Own Device (BYOD) has led to widespread adoption of cloud-based video conferencing services. At present, the on-premise segment accounts for a major market share, whereas, the cloud-based video conferencing segment is expected to exhibit higher CAGR during the forecast period. Verticals such as healthcare and government & defense are expected to register strong growth in the next few years.
The global video conferencing market comprises large as well as mid-sized manufacturers and suppliers. Companies such as Cisco Systems, Inc., Polycom Inc., and Huawei Technologies Co., Ltd. have been able to establish their strong presence in various countries across the world. Vendors in the video conferencing market are currently focusing on introducing advanced software and integrating new capabilities in the software to enable video conferencing across company boundaries and meet the need to manage video delivery and quality. Moreover, video conferencing solution providers are aggressively developing innovative products to meet customer expectations for enhanced features and integrated capability over connected devices. The video conferencing market is presently in a growing stage and the leading players are focusing on acquisition of local players in order to broaden their geographical reach.
View Our Report @ https://www.transparencymarketresearch.com/video-conferencing-market.html
Other significant players engaged in the video conferencing market include Adobe Systems Incorporated, Arkadin Cloud Communications, JOYCE CR, S.R.O., Logitech International S.A., Microsoft Corporation, Orange Business Services, Vidyo, Inc., West Unified Communications Services, and ZTE Corporation.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.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 Video Conferencing Services Market Size will Escalate Rapidly in the Near Future here
News-ID: 1058475 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for Video
Muka Video Downloader: Simplifying Video Saving in 2025
In today's fast-paced digital world, content is everywhere. Whether you're a social media enthusiast, a researcher, or a professional creating presentations, having the ability to save videos for offline use is crucial. https://mukasaver.com/ has emerged as a reliable tool for users looking to download and store videos efficiently, without compromising quality or speed.
________________________________________
What is Muka Video Downloader?
https://mukasaver.com/ is an advanced platform designed to make video downloading simple and accessible. Unlike…
Mango Animate's Online Video Enhancer Boosts Video Performance
In recent years, the demand for high-quality video content has surged across various platforms, from social media to professional productions. As more creators, marketers, and businesses seek to elevate their video presentations, tools that can enhance video quality have become essential. One such innovation is the online video enhancer (https://mangoanimate.com/ai/video-enhancer), a tool designed to improve video resolution, clarity, and overall visual appeal. Mango Animate has embraced this trend with Mango…
AudFree Netflix Video Downloader Changes Video Viewing
LOS ANGELES, CA. Aug 16, 2024 - AudFree Software, a leading innovative multimedia tools producer, is excited to announce the official launch of its groundbreaking Netflix Video Downloader.
AudFree Netflix Video Downloader is a multifunctional downloader for Windows and Mac. This innovative tool is designed to provide users with seamless access to their favorite Netflix content offline. It can download movies, TV shows, documentaries and the rest in up to 1080p.…
Adipurush Status Video : Download Latest Adipurush VIdeo Status
Adipurush is an upcoming Indian epic action film directed by Om Raut. The movie is inspired by the Hindu epic Ramayana and features popular actors like Prabhas and Saif Ali Khan in leading roles. As the film's release approaches, fans have been eagerly following every update and teaser related to Adipurush.
Adipurush Status Video Downloads: https://shortstatusvideos.com/adipurush-status-video/
The popularity of Adipurush has led to a surge in fan-created status videos related to the…
Derby video production company launches remote video service
Derby-based video production and animation company Future Proof Films has launched an innovative new remote filming service which enables it to deliver professional quality video despite the current lockdown.
The company, which is based at Connect Derby’s Sadler Bridge Studios, has launched its ‘Pro Remote Video’ service for those businesses that still need professional video content to support their marketing effort.
The idea is simple – the team at Future Proof…
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…
