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Telepresence Equipment Market by 2024 Revenue and Trends With Key Players - Cisco, Polycom, Huawei Technologies, HP, Sony Electronics, Array Telepresence, Avaya, Vidyo and ZTE Corporation
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One of the key developments in the telepresence equipment market is the use of screen less telepresence systems with holographic technology. The massive increase in computational processing power along with the availability of devices capable of tracking user’s movements are helping the growth of holographic technology in the telepresence as well as video conferencing systems.
The rising adoption of virtual meetings and conferences owing to increasing globalization as well as usage of telepresence equipment in various applications such as education, healthcare, and entertainment are the key growth drivers of the telepresence equipment market.
North America was the most mature telepresence equipment market; wherein the region held the highest market share. Europe, on the other hand, accounted for the second largest market share. Asia-Pacific (APAC) is expected to be the fastest growing market during the forecast period.
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Some of the other competitors in the global telepresence equipment market includes HP Inc., Sony Corporation, Array Telepresence Inc., Avaya Inc., Vidyo Inc. and ZTE Corporation.
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