Video Conferencing Services Market with Innovations, Competitive Analysis and New Business Developments – Forecast to 2025: Adobe Systems Incorporated, Arkadin Cloud Communications, JOYCE CR, S.R.O., Logitech International S.A.

Video conferencing refers to conducting conference using telecommunication technologies for a real-time two-way transmission of audio and video. With rise in globalisation, organisations are shifting toward video conference 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 XX% during the forecast period. It was valued at approximately US$ XX Bn in 2016.

The Video Conferencing Services market is witnessing significant growth owing to the rising adoption of cloud-based Video Conferencing Services 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 Services systems across the world. Furthermore, rise in usage of cloud-based solutions and emergence of 3D technology in Video Conferencing Services 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.

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Video Conferencing Services is a common technology tool used by enterprises for enhanced collaboration. Additionally, organisations are increasingly focusing on curtailing costs related to their means of communication. This has created immense opportunities for the Video Conferencing Services 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 Services market. Enterprises across the world seek to deploy low-cost and scalable cloud-based Video Conferencing Services solutions to reduce the total cost of ownership (TCO).

The global Video Conferencing Services market comprises large as well as mid-sized manufacturers and suppliers. Companies such as Cisco Systems, Inc., Poly-com 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 Services market are currently focusing on introducing advanced software and integrating new capabilities in the software to enable Video Conferencing Services across company boundaries and meet the need to manage video delivery and quality. Moreover, Video Conferencing Services solution providers are aggressively developing innovative products to meet customer expectations for enhanced features and integrated capability over connected devices. The Video Conferencing Services 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.

Other significant players engaged in the Video Conferencing Services 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.

End-use Insights
On the basis of end use, the market is segmented into corporate, education, healthcare, government and defense, BFSI, and media and entertainment. The corporate segment dominated the global market in 2017 with a market share of approximately XX% and the trend is expected to continue over the forecast period.

Regional Insights
North America is leading the market owing to presence of well-established businesses and high technology adoption. As the markets in U.S. and Europe are relatively mature in terms of adoption of Video Conferencing Services systems, they are expected to witness demand either for up-gradation or replacement of systems. Companies in North America are early adopters of emerging technologies and hence, the region is expected to remain the largest market in terms of revenue over the forecast period.

Asia Pacific is expected to emerge as the fastest-growing region with a CAGR over the forecast period. Increasing number of technology and service-based start-ups in India and China is expected to propel the market growth. Strong presence of business and knowledge process outsourcing companies in the region is also expected to be a major driver in the industry.

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Table of Contents
Chapter One Introduction of Video Conferencing Services Industry
Chapter Two Manufacturing Technology of Video Conferencing Services
Chapter Three Analysis of Global Key Manufacturers
Chapter Four 2013-2018 Global and Chinese Market of Video Conferencing Services
Chapter Five Market Status of Video Conferencing Services Industry
Chapter Six 2018-2023 Market Forecast of Global and Chinese Video Conferencing Services Industry
Chapter Seven Analysis of Video Conferencing Services Industry Chain
Chapter Eight Global and Chinese Economic Impact on Video Conferencing Services Industry
Chapter Nine Market Dynamics of Video Conferencing Services Industry
Chapter Ten Proposals for New Project
Chapter Eleven Research Conclusions of Global and Chinese Video Conferencing Services Industry

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