Latest Innovation: Conference Call Services Market Outlook 2021, Industry Assessment, Technology Perspective and Internal Players Analysis 2027

Conference call services has evolved many industries through its services and has totally changed the procedure or the way of working of the corporate enterprises as well as other industries. The shift from audio to video conferencing is taking a huge hike in the conference call services market, as it provides more flexibility and is more user friendly while saving the resources such as time and money of any enterprise or individual.

Global conference call services market is expected to witness significant growth during the forecast period (2018–2026). The market growth is majorly attributed to continuous improvements in the technologies and modes (video and audio) of conference calls. For instance, the first ever conference transcontinental call took place in 1915 between New York and San Francisco. Since then, the conference call services has evolved to augmented reality (AR) & virtual reality (VR).

This emerging trend in the conference call services market is expected to drive growth of the market over the forecast period of 2018-2026. The users can see others in front of them in a head mounted display, which enables them to have a hands-free collaborative experience. The main advantage of AR is that it brings remote conferencing from a computer screen into real world. The users can view people and it has been found that virtual video avatar of a remote collaborator in the workplace or meetings provides much high degree of social presence than when seen on the computer screen.

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What are the growth estimates for conference call services market till 2026?
The global conference call services market is estimated to surpas US$ 12.5 Billion by 2026.

Which are the prominent conference call services market players across the globe?
Major 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.

Which segment based on end user, accounted for the highest demand in the conference call services market?
Among end user, corporate enterprises segment held dominant position in the global conference call services market, followed by the media & entertainment segment.

What are the key factors driving growth of the conference call services market?
Increasing demand for time-saving methods for communication is one of the major factors that is expected to propel growth of the market over the forecast period.

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