openPR Logo
Press release

What's driving the Video Conferencing market trends? Leading Players: Microsoft, West Unified Communications Services, Adobe Systems Incorporated, Arkadin, JOYCE CR, Vidyo

What's driving the Video Conferencing market trends? Leading

The growing demand for next-gen communicating tools is likely to expand the global video conferencing market during the forecast period. Fortune Business Insights in a report, titled "Video Conferencing Market Size, Share and Global Trend By Component (Hardware & Software), By Industry Vertical (Corporate Enterprise, Health Care, Government, and others) and Geography Forecast till 2026," states that rapid urbanization and automation is one of the chief drivers of the market. In addition to this, these advances are expected to transform the future of next-gen tools

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/video-conferencing-market-100293

Introduction of Disruptive Technologies such as VaaS Bodes Well For the Market

Video conferencing enables real-time sharing of high-quality audio and video images among multiple sites. In addition to this, video conferencing solutions provide on-demand services via over-the-top video distribution. Rising awareness about these benefits is expected to drive the market in the upcoming years. Furthermore, video conferencing technology enables its users to experience live streaming videos, which in turn, is likely to fuel demand for video conferencing systems by 2026. Rapid development in audio and video cloud streaming services is another factor boosting the market's growth. The market for advanced video communication solutions is growing at a rapid pace, which acts as a potential growth trigger.
"High-end developers are investing their time to develop innovative video conferencing solutions," said a lead analyst at Fortune Business Insights. "The rising adoption of emerging technologies such as machine learning and artificial intelligence (AI) is further expected to help developers build advanced video conferencing software," he added. To add to this, some of the recent developments in the market include the adoption of AI and cloud streaming services in online conference videos.
The rising demand for next-generation communicating tools, urbanization, and automation are some of the other factors likely to fulfill the changing customer requirements. This, as a result, is anticipated to enable growth in the market.

Video conferencing can be used in several areas such as digital classrooms, smart factories, automated talent acquisition, e-healthcare, and video-driven customer engagement. The upsurge in cloud computing services is expected to push growth in the video conferencing market. The rising penetration of social media platforms such as WhatsApp, Google Duo, Skype among others in smartphones and tablets is driving the market.

Key Market Driver - Increased adoption of Video as a Service (VaaS), growth in video cloud streaming online service
Key Market Restraint - Network complexity and technical difficulties involved in video streaming

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/video-conferencing-market-100293

Major Segments Mentioned:

1. By Component
o Hardware
o Camera
o Codec
o Microphone
o Others
o Software
o On-premise
o Cloud-based
2. By Industry Vertical
o Corporate Enterprise
o Health Care
o Government
o Education
o Others
3. By Geography
o North America (the USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Growing Number of Online Users in APAC Garners Growth for the Market

APAC is anticipated to hold a major share in the global video conferencing market during the forecast period. This is primarily on account of the high adoption of video-conferencing platforms such as Instagram, Facebook, and their large online customer base. Among countries in this region, Australia and India have the highest adoption of video conferencing solutions owing to their huge online user base.

The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Order Complete Report https://www.fortunebusinessinsights.com/checkout-page/100293

Top Players List:

o Microsoft
o West Unified Communications Services
o Adobe Systems Incorporated
o Arkadin
o JOYCE CR
o Vidyo

The integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2026. Additionally, the rising adoption of e-financial services is expected to boost the global market.

Google Duo's Advanced Cloud-based Services Offer Increasingly User-friendly Solutions

Arkadin Cloud Communications, Adobe Systems Incorporated, Logitech International S.A., JOYCE CR, Orange Business Services, Microsoft Corporation, ZTE Corporation, West Unified Communications Services, and Vidyo, Inc. are some of the leading players operating on the global video conferencing market. Companies are planning to focus on acquisitions, partnerships, and new product launches to stay industry-focussed and broaden their portfolio. For instance, West Unified Communication Services announces the acquisition in 2018 with Flowroute. The aim of this strategic decision was to expand the formers diverse network, especially in APAC. Some of the significant mergers and acquisitions (M&A) in the
video conferencing market are listed below:

o Google Duo implemented cloud-based solutions in its different applications in April 2017. This implementation enables users to send and store audio and video messages up to 30 seconds long.
o Cisco announced the acquisition of Assemblage Entertainment Pvt. Ltd. in March 2018. The aim of this acquisition was to adopt VaaS in video conferencing apps and strengthen the video conference market.
o 8X8 acquired Jitsi video communications technology in Oct 2018 to extend its 8x8's cloud technology platform and improve the company's video collaboration capabilities.

On the contrary, the high cost associated with upgraded technology is a factor that may restrain the global Video Conferencing market.

As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.

The report also offers insights on the key players operating in the global Video Conferencing market.

Have Any Query? Ask Our Experts https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/video-conferencing-market-100293

Major Table of Content for Video Conferencing Market:

5. Global Video Conferencing Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights, and Forecast - By Type
5.2.1. Telepresence
5.2.2. Integrated
5.2.3. Desktop
5.2.4. Service-based
5.3. Market Analysis, Insights, and Forecast - By Applications
5.3.1. Small Room
5.3.2. Huddle Rooms
5.3.3. Middle Rooms
5.3.4. Large Rooms
5.4. Market Analysis, Insights, and Forecast - By Enterprises Size
5.4.1. Small and Medium Enterprises
5.4.2. Large Enterprises
5.5. Market Analysis, Insights, and Forecast - By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Middle East & Africa
5.5.5. Latin America
6. North America Video Conferencing Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis, Insights, and Forecast - By Type
6.2.1. Telepresence
6.2.2. Integrated
6.2.3. Desktop
6.2.4. Service-based
6.3. Market Analysis, Insights, and Forecast - By Applications
6.3.1. Small Room
6.3.2. Huddle Rooms
6.3.3. Middle Rooms
6.3.4. Large Rooms
6.4. Market Analysis, Insights, and Forecast - By Enterprises Size
6.4.1. Small and Medium Enterprises
6.4.2. Large Enterprises
6.5. Market Analysis, Insights, and Forecast - By Country
6.5.1. U.S.
6.5.2. Canada
7. Europe Video Conferencing Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Market Analysis, Insights, and Forecast - By Type
7.2.1. Telepresence
7.2.2. Integrated
7.2.3. Desktop
7.2.4. Service-based
7.3. Market Analysis, Insights, and Forecast - By Applications
7.3.1. Small Room
7.3.2. Huddle Rooms
7.3.3. Middle Rooms
7.3.4. Large Rooms
TOC Continued.....!

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com
Fortune Business Insights(TM)
LinkedIn | Twitter | Blogs

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Video Conferencing market trends? Leading Players: Microsoft, West Unified Communications Services, Adobe Systems Incorporated, Arkadin, JOYCE CR, Vidyo here

News-ID: 2028613 • Views: 80

More Releases from Fortune Business Insights Pvt. Ltd.

How Disposable Medical Gloves Market Will Dominate In Coming Years? Key Players: …
The global disposable medical gloves market size value is projected to touch USD 10.9 billion by 2026, registering a modest CAGR of 9.1%. One of the major drivers for this growth is the heightened risk of chronic diseases across the world. According to the Global Burden of Disease Study 2017 conducted by the World Health Organization (WHO) and Institute of Health Metrics Evaluation (IHME), chronic (non-communicable) diseases caused 80% of
How Hiv Drugs Market Will Dominate In Coming Years? Key Players: ViiV Healthcare …
The global HIV/AIDS drugs market is likely to derive growth form the increasing prevalence of the disease across the world. According to a report published by Fortune Business Insights, titled “HIV/AIDS Drugs Market: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 25,314.0 Mn in 2018. Fortune Business Insights has predicted that the market will reach US$ 40,675.0 Mn by 2026, thereby exhibiting a CAGR of
CRO services market set for rapid growth forecst 2020-2026| Key Players: Pharmac …
The global CRO services market is anticipated to exhibit remarkable growth owing to the rising globalization and increasing technological advancements. Fortune Business Insights, in a report, titled, “CRO Services Market Size, Share and Industry Analysis By Service Type (Discovery, Pre-Clinical, Clinical, Laboratory Services), By Application (Oncology, Cardiology, Infectious Disease, Metabolic Disorders, Others), By End User (Pharmaceutical & Biotechnological Companies, Medical Device Companies, Academic & Research Institutes, Others), and Regional Forecast
What's driving the Digital Radiography Market Growth? Prominent Players: Varex I …
According to a report published by Fortune Business Insights, titled ‘Digital Radiography Market Size, Share and Global Trend by Product Type (Computed Radiography, Direct Digital Radiography), Application (General, Radiography Dentistry, Oncology, Orthopedic) End User (Hospital, Clinics, Diagnostic Centers) and Geography Forecast till 2026,’ the market is likely to expand at an in impressive rate of 5.0% CAGR due to exceptional advancements made in the field of medical X-Ray technology. The

All 5 Releases


More Releases for Video

Video Virtualization Market: Rising Video Internet Traffic to Propel Growth
Virtualization is defined as the formation of virtual rather than real version of something such as server, operating system, network resources and storage devices. Increasing video internet traffic is the key factor influencing growth of global video virtualization market, accounting 80% of total internet traffic. Further, rising demand for video surveillance, increasing demand for anti-piracy software and growing expenditure on personalized video advertisement have been driving global video virtualization market.
Cloud-based Video Surveillance: The Future of Video Security Industry
Cloud-based video surveillance is emerging as the next generation of video surveillance for security. It is an IT solution routed through the cloud for greater efficiencies with a number of features and flexibility. This solution radically alters the landscape of the on-site DVR/NVR and analog camera dominated video surveillance market. Cloud-based video surveillance is also safe as there is no video storage device (DVR) on the customer premises and the
ViennaCC Launching Christmas Video
Austria based musician ViennaCC recorded the traditional Christmas song "Softly Falls Each Snow Flake" (Leise rieselt der Schnee) and produced a short music video showing impressions of the Christmas market in Vienna in wintry installations. The original song "Leise rieselt der Schnee" was written by Eduard Ebel, published 1895, as a child song. ViennaCC: "We do not have much snow in Vienna, but outside the city in the mountains there is
E.V.A. – Experimental Video Art
Summer Screening 16th July – 5th August 2011 Venue : Bashimi Art House Neutorstrasse 32k 5020 Salzburg, Austria Bashimi Art House is pleased to present a selection of experimental videos from emerging artists.9 artists from various countries participate the organisation with their last term works. Video screenings will take place in Bashimi Art House , Salzburg Gallery daily between 4pm – 7pm . Free entrance screenings will be open for all
Virtual Music Video launched
Todtenweis, Germany. The platform for online music collaboration, v-band.de, launched the first music video for a song created by musicians from three different continents. The song called \"Pirate of the deep blue sea\" sounds like a modern folk song including electronic elements. With recorded instruments provided by members from the USA and Germany the song went to life with lyrics and vocals written and recorded by a member from Australia. In addition
MediaCell Video Converter v1.0
MediaCell Video Converter is the best software for MP4/3GP file conversion of portable video device such as iPod/PSP/Mobile Devices. With unmatchable compression ratio and speed while retaining the highest quality, MediaCell Video Converter can convert almost all kinds of video files such as AVI, MPG, MPEG, DivX, XviD, MOV, VOB, VCD, DVD, SVCD, WMV, RM, RMVB, 3GP, AMR, FLV, formats to MP4/3GP video files. MediaCell Video Converter empowers users to