Press release
Video Conferencing Market 2018 | Worth CAGR 7.82% With USD 8.44 billion by 2023; Orange Business Services, Microsoft, Logitech, JOYCE CR Ltd, ZTE, Vidyo, Arkadin Cloud Communications, Adobe Systems and West Unified Communications Services.
Video Conferencing Market
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Competitive Insights
The major players in the market are Orange Business Services, Microsoft, Logitech, JOYCE CR Ltd, ZTE, Vidyo, Arkadin Cloud Communications, Adobe Systems and West Unified Communications Services. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Trend Analysis Overview:
he Video Conferencing Market was worth USD 4.28 billion in 2014 and is expected to reach approximately USD 8.44 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.82% during the forecast period. Video conferencing is associated with carrying out a conference by making use of telecommunication technologies for a real-time two-way transmission of audio and video. With rising globalization, companies are moving toward videoconference meetings in order to empower quicker basic leadership and lessen travel hassles. In the corporate section, video conferencing is majorly used for viable correspondence on real time basis over long distances at low cost and time and improve efficiency between groups based at various areas around the world. Moreover, it reduces travel costs and addresses client inquiries progressively.
Regional Insights
The APAC region possesses the biggest share; it is anticipated to encounter the highest growth rate over the forecast period. The increase in start-ups in this region would also help in market development. North America is expected to develop significantly in the following years due to the presence of major players in the region.
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Market Segmentation-
By Component:
Software
On-premise
Cloud-based
Hardware
Codec
Microphone
Camera
Others
Services
Managed/Outsourced
Others
By End User:
Health Care
Government
Corporate Enterprise
Education
Others
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
Drivers and Restraints
The video conferencing market is observing huge development inferable from the rising appropriation of cloud-based video conferencing arrangements all inclusive. Expanding adoption of cloud-based video conferencing administrations has prompted execution of better encryption and secret key secured answers for cloud-based video conferencing systems over the world. Moreover, increasing usage of cloud-based solutions and rise of 3D innovation in video conferencing arrangements are a main factor increasing the demand for this solution globally.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
5. Video Conferencing Market, By Component
5.1. Introduction
5.2. Global Video Conferencing Sales, Revenue and Market Share by Component (2014-2018)
5.2.1. Global Video Conferencing Sales and Sales Share by Component (2014-2018)
5.2.2. Global Video Conferencing Revenue and Revenue Share by Component (2014-2018)
5.3. Hardware
5.3.1. Global Hardware Sales and Growth Rate By Type (2014-2018)
5.3.2. Global Hardware Sales and Growth Rate (2014-2018)
5.3.3. Camera
5.3.3.1. Global Camera Sales and Growth Rate (2014-2018)
5.3.4. Codec
5.3.4.1. Global Codec Sales and Growth Rate (2014-2018)
5.3.5. Microphone
5.3.5.1. Global Microphone Sales and Growth Rate (2014-2018)
5.3.6. Others
5.3.6.1. Global Others Sales and Growth Rate (2014-2018)
5.4. Software
5.4.1. Global Software Sales and Growth Rate By Type (2014-2018)
5.4.2. Global Software Sales and Growth Rate (2014-2018)
5.4.3. On-premise
5.4.3.1. Global On-premise Sales and Growth Rate (2014-2018)
5.4.4. Cloud-based
5.4.4.1. Global Cloud-based Sales and Growth Rate (2014-2018)
5.5. Services
5.5.1. Global Services Sales and Growth Rate By Type (2014-2018)
5.5.2. Global Services Sales and Growth Rate (2014-2018)
5.5.3. Managed/Outsourced
5.5.3.1. Global Managed/Outsourced Sales and Growth Rate (2014-2018)
5.5.4. Other Services
5.5.4.1. Global Other Services Sales and Growth Rate (2014-2018)
6. Video Conferencing Market, By End User
7. Video Conferencing Market, By Region
8. Company Profiles
…..CONTINUED FOR TOC
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
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Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.
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