Web Real-time Communications Market is projected to reach USD 6.49 billion by 2022 | – Google Corporation, TokBox, Twilio, Alcatel-Lucent S.A., Mozilla Corporation, Cisco Systems Inc., ASA Opera Software, Voxeo Corporation.

Web Real-time Communications Market Size and Growth Rate:
According to our research report, the Web Real-Time Communication Market Size was projected to grow from an estimated USD 1.04 Billion in 2017 to USD 6.49 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.2% during the period 2017–2022.

Web Real-time Communications Market Overview:
Web Real-Time Communication (Web-RTC) is an open source application programming interface created by the World Wide Web Consortium. The web real-time communications market is analyzed according to the solutions and services offered by market players in various vertical sectors.

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Web Real-time Communications Market Drivers and Restraints:
Advances in web-based communication technology, increased ICT spending, exponential population growth, high-speed connectivity and the high number of young people in smartphones are driving the growth of the market. In addition, the RTC website offers better audio and video quality at a lower cost, as well as an improved level of security compared to other telecommunication systems, so it could stimulate the growth of the global web real-time communications market. These real-time communications adapt and adjust according to changing network conditions. It adjusts for bandwidth availability and avoids network congestion, which increases the efficiency of the network. Organizations using BTI-enabled web products could improve customer interactions, promotional activities and increase sales in a cost-effective manner.

However, the web real-time communications is an emerging technology. It presents several challenges, such as privacy issues related to the use of the public Internet and data security. These problems should limit the growth of the global market.

The growth of customer-oriented industries, such as retail, medical care and hospitality, would further increase the opportunities for the web real-time communications market. It offers different solutions such as the video call solutions, voice solutions, messaging solutions, and file-sharing solutions.

Web Real-time Communications Market Regional Analysis:
Geographically, the global web real-time communications market is segmented into the following regions: North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. The web real-time communications technology shows its strong presence in North America, where the players in this region achieving technological advances and providing significant investments. The Asia-Pacific region and Europe are also adopting these real-time communications significantly because of the phenomenal growth in the use of various web applications.

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Web Real-time Communications Market Key Players:
The main players in the world web real-time communications market include companies such as Google Corporation, TokBox, Twilio, Alcatel-Lucent S.A., Mozilla Corporation, Cisco Systems Inc., ASA Opera Software, Voxeo Corporation, American Telephone & Telegraph Corporation and Avaya Inc.

Web Real-time Communications Market Segmentation:
By Type:
• Introduction
• Solution
• Services

By Vertical
• Introduction
• IT & Telecom
• Media & Entertainment
• BFSI
• Retail & Consumer Goods
• Public Sector & Education
• Healthcare
• Transportation & Logistics
• Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and America

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