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Conference Call Services Market 2026 Analysis, Growth, Drivers, Vendors Landscape, Opportunities, Challenges, Segmentation with Forecast To 2026

03-11-2019 12:38 PM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

Conference Call Services Market

Conference Call Services Market

The global conference call services market is expected to witness good growth, as it has become a necessity for all the leading corporate business companies to deal with their international service providers, partners, and customers. Conference call services enable real-time collaboration of the business units of any company or different companies to communicate with its operating or non-operating clients or business units. Increasing demand for security of the data and conversation between the users, rising need for time-saving & cost saving methods for communication for business or other related objectives, and increasing demand for communicating to the company’s workforce through mobile are some of the major factors driving growth of the global conference call services market. The audio clarity during the voice conference call and requirement of high constant internet connection during video conference call are some of the major restraints affecting growth of the global conferencing calls services market.

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Market Dynamics

Conference calling services provides the advantages such as help in urgent requirement of getting the status update between the teams of any company that are in different locations or business units, saves resources for any business. As per Polycom’s global study in 2017 of more than 24,000 professionals looked at the conferencing activity across 11 major countries found that every one in three people reduced the email activity after adopting conferencing technology. Conferencing call technology is increasingly being adopted in industries such as government & defense services, and corporate enterprises. The audio conferencing call has evolved to video call conferencing, as it is more flexible. It offers advantages of archiving, improved telecommunication, clear audio with vision, saves time & money, and content sharing through the video conferencing software such as ‘Scopia’ from Avaya.

Increasing demand for time-saving methods for communication is expected drive growth of the market

Meetings in corporate offices or companies takes place in the presence of all the important members who are necessary to accomplish any particular objective. Therefore, it is very important to take decisions in the presence of the concerned members. Conference call helps to reach out to multiple people who are at different locations and who cannot be present at the time of emergency for a meeting. The conference call services connects them at one place while saving time and money. Therefore, increasing demand for time-saving methods for communication is resulting in increasing demand for conference call services globally in different sectors.

Increasing trend of adopting advanced technology such as conference call services is expected to drive growth of the market

Leading players in the market such as Cisco and Polycom are adopting advanced technologies such as virtual reality and are continuously focusing on improving their working environment to enhance productivity. Conference call technology aids in effective management of resources, thereby driving growth of the market.

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Increasing demand for security of the data and the conversation between the users during conference calls are driving the market growth

Confidential business data shared during a conference call needs to be secured at the time of important discussions. Conference call services gives full security of the data and conversations between the users and also provides the advantages of conversation recording for future purposes, which is important to run a business more efficiently. This aids in growth of the global conference call services market.

Global Key Players:

Some of the key players operating in the global conference call services market include Microsoft Corporation, Zoom Video Communications, Dialpad, Polycom, Infinite Conferencing Inc., GlobalMeet, Arkadin SAS, AT Conference, ConferenceCalls, RingCentral Business Phone Services, Zip Conferencing, InterCall Online, and Budget Conferencing Inc.

Detailed Segmentation:

Global Conference Call Services Market, By Call Service Type:
◦ On-premise
◦ Cloud-based
◦ Managed Conference Calls Services

Global Conference Call Services Market, By End User:
◦ Corporate Enterprises
◦ Healthcare
◦ Government & Defense
◦ Media & Entertainment
◦ Others

Global Conference Call Services Market, By Region:
◦ North America
◦ Europe
◦ Asia Pacific
◦ Latin America
◦ Middle East
◦ Africa

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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