Web Real-Time Communication (WebRTC) Market Overall Study Report 2020-2026| Google , Cisco Systems, Inc., Oracle Corporation, AT&T Inc, Polycom, Avaya, Inc, Genband Inc and others

The "Global Web Real-Time Communication (WebRTC) Market: 2020" Industry Report is a professional and in-depth study on the current state of the Web Real-Time Communication (WebRTC) Market by PMR. The Web Real-Time Communication (WebRTC) market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2026. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches, joint ventures, mergers and acquisitions and the respective effect on the sales, import, export, revenue and CAGR values have been studied completely in the report. The scope of this Web Real-Time Communication (WebRTC) market report can be expanded from market scenarios to comparative pricing between major players. The emerging trends along with major drivers, challenges and opportunities in the market are also identified and analysed in this report.

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The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Top Key Players:
• Cisco Systems, Inc.
• Oracle Corporation
• AT&T Inc.
• Polycom, Inc.
• Google Inc.
• Avaya, Inc
• Genband Inc.
• Cafex Communications, Inc.
• Plivo, Inc.
• Tokbox Inc.
• Mitel Networks
• Alcatel-Lucent
• IBM
• Dialogic Corporation

PMR has segmented the Web Real-Time Communication market report on the basis of Platform, Product, End-User, and Region

Web Real-Time Communication Platform
• Mobile Applications
• Web Browser
• Others

Web Real-Time Communication Product
• Solution
o Video Conferencing
o Voice Calling
o Collaboration
o Others
• Services
o Consulting
o Implementation
o Others

Web Real-Time Communication End-User
• BFSI
• Healthcare
• Manufacturing
• IT and Telecom
• Retail
• Transportation
• Others

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The global Web Real-Time Communication market size is expected to reach USD 16,570.5 million and is anticipated to grow at a CAGR of 32% during the forecast period according to a new study by Polaris Market Research. The WebRTC market is projected to witness a significant growth over the forecast period. WebRTC provides a platform for real-time voice or video communications with other WebRTC devices. WebRTC is an open-source API offering high quality voice and video communication, while improving security against external attacks. It is adaptable to diverse network conditions and supports multiple media types and endpoints. There has been a massive increase in need for secure and affordable communication solutions by organizations owing to increased adoption of mobile devices, BYOD, IoT, and social media.

The end-users of Web Real-Time Communication include BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, and others. The IT and Telecom segment accounted for the highest share in 2019. However, the healthcare segment is expected to grow at the highest rate during the forecast period. In April 2018, TokBox, was selected by InTouch Health to provide WebRTC solutions to enhance its platform and deliver improved remote clinical care to patients. InTouch Health is a telehealth and telecommunications network offering virtual healthcare services to patients. The solution offered by TokBox implements AES encryption for protection of critical patient data.

North America dominated the global WebRTC market in 2019 and is expected to maintain its dominance over the forecast period. Rising applications in industries such as retail, healthcare, transportation, and manufacturing in the North American region is a significant driver for market growth. Rise in investment by small and medium sized businesses, along with technological advancement in telecommunication industry, is expected to drive the WebRTC market growth during the forecast period. The growing adoption of IoT, BYOD, and smart cities is expected to raise the market investment during the forecast period.

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