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Video Conferencing Market to Reach USD 10.06 Bn by 2030 at 9.1% CAGR

01-21-2025 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Video Conferencing Market

Video Conferencing Market

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐“๐ซ๐ž๐ง๐๐ฌ, ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

The global video conferencing market is experiencing remarkable growth, driven by the rising demand for remote collaboration tools, advancements in technology, and increased adoption across industries. This press release provides detailed insights into the market, including its CAGR, market size, country-specific opportunities, recent mergers and acquisitions, and key developments in regions such as Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global video conferencing market was valued at USD 5.47 Bn in 2023 and is expected to grow at a CAGR of 9.1% from 2024 to 2030, reaching USD 10.06 Bn by the end of the forecast period. The demand for video conferencing solutions is driven by the growth of remote work, hybrid workplaces, and the increasing need for seamless communication across geographies.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/63052/

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's video conferencing market is expanding due to increased digital transformation initiatives in both public and private sectors. Companies like ๐™๐จ๐จ๐ฆ ๐•๐ข๐๐ž๐จ ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ have been collaborating with local businesses to introduce cost-effective video solutions tailored to small and medium-sized enterprises (SMEs). The government's focus on digitizing education and public administration further accelerates market growth.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's growing tech-savvy workforce and the rise of hybrid workplaces are driving demand for video conferencing tools. ๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐จ๐Ÿ๐ญ ๐“๐ž๐š๐ฆ๐ฌ has gained popularity in the corporate sector, offering integrated solutions for seamless collaboration. Thailand's push for smart city development is a key driver for increased adoption in public services and enterprises.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's video conferencing market is witnessing significant growth due to its focus on technological innovation and the adoption of hybrid work models. Companies like ๐‚๐ข๐ฌ๐œ๐จ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ are introducing AI-powered video conferencing solutions that cater to the demands of Japanese businesses. The integration of video conferencing tools with advanced technologies like augmented reality (AR) presents lucrative opportunities.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's video conferencing market is dominated by domestic giants like ๐“๐ž๐ง๐œ๐ž๐ง๐ญ ๐Œ๐ž๐ž๐ญ๐ข๐ง๐  and ๐€๐ฅ๐ข๐›๐š๐›๐š ๐‚๐ฅ๐จ๐ฎ๐. These companies are expanding their offerings to include advanced features such as end-to-end encryption and AI-based transcription. Consolidation through partnerships and acquisitions is a key trend shaping the competitive landscape.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's market for video conferencing solutions is thriving due to its highly connected population and advanced IT infrastructure. ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ has been introducing hardware and software solutions to enhance video conferencing experiences. The government's focus on digital education and telemedicine boosts market demand.

๐„๐ฑ๐œ๐ข๐ญ๐ž๐ ๐ญ๐จ ๐๐ข๐ฏ๐ž ๐ข๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐ข๐ญ๐ฌ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/63052/

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's emphasis on technology-driven solutions for businesses and education makes it a vital market for video conferencing tools. ๐†๐จ๐จ๐ ๐ฅ๐ž ๐Œ๐ž๐ž๐ญ has gained traction in the education sector, supported by government initiatives to promote e-learning. The country's thriving startup ecosystem creates opportunities for innovative video conferencing solutions.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US remains a leader in the global video conferencing market, driven by its robust IT sector and widespread adoption across industries. Companies like ๐™๐จ๐จ๐ฆ, ๐–๐ž๐›๐ž๐ฑ ๐›๐ฒ ๐‚๐ข๐ฌ๐œ๐จ, and ๐†๐จ๐จ๐ ๐ฅ๐ž ๐Œ๐ž๐ž๐ญ are continuously innovating to meet the needs of hybrid workplaces. Federal initiatives to modernize communication infrastructure further support market growth.

๐•๐ข๐๐ž๐จ ๐‚๐จ๐ง๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's video conferencing market is growing steadily, driven by the adoption of remote work policies and government initiatives to digitize public services. Companies like ๐‹๐จ๐ ๐ข๐ญ๐ž๐œ๐ก are focusing on developing high-quality video conferencing hardware tailored to the needs of European businesses. The rise of virtual events and telemedicine also fuels market demand.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/63052/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ

Hardware
Software
Services

The market is divided into three segments: services, software, and hardware. The market for video conferencing was dominated by software in 2023 and is anticipated to remain so during the forecast period. The industry for video conferencing is dominated by software mainly because of its scalability, accessibility, and variety. The software-based platforms improve user experience and cooperation by providing a variety of features like screen sharing, virtual backdrops, and chat capabilities. Without requiring actual hardware upgrades, the software solutions may be updated and improved more quickly due to their greater adaptability to changing user needs and technology developments.

๐›๐ฒ ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Œ๐จ๐๐ž

Cloud-Based
On-premises
Others

๐›๐ฒ ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž ๐’๐ข๐ณ๐ž

Small and Medium-sized Enterprises (SMEs)
Large Enterprises

๐›๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ

Education
Healthcare
Government and Public Sector
Finance and Banking
Others

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-video-conferencing-market/63052/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

๐†๐ฅ๐จ๐›๐š๐ฅ
1. Zoom Video Communications (San Jose, California, USA)
2. Cisco Systems (San Jose, California, USA)
3. Microsoft Corporation (Redmond, Washington, USA)
4. Google (Mountain View, California, USA)
5. Adobe Inc. (San Jose, California, USA)

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
1. LogMeIn (Boston, Massachusetts, USA)
2. Lifesize (Austin, Texas, USA)
3. Avaya Inc. (Durham, North Carolina, USA)
4. Blackboard Inc. (Washington, D.C., USA)
5. BlueStar Inc. (Florence, Kentucky, USA)
6. Fuze Inc. (Boston, Massachusetts, USA)
7. Poly (Santa Cruz, California, USA)
8. Vonage (Holmdel Township, New Jersey, USA)

๐„๐ฎ๐ซ๐จ๐ฉ๐ž
1. StarLeaf (Watford, Hertfordshire, England)
2. Pexip (Oslo, Norway)

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ
1. Huawei Technologies Co., Ltd. (Shenzhen, China)
2. Tencent (Shenzhen, China)
3. Zoho Corporation (Chennai, Tamil Nadu, India)

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Thin Boiling Starch Market https://www.maximizemarketresearch.com/market-report/thin-boiling-starch-market/147120/

โ™ฆ Wireless Keyboard Market https://www.maximizemarketresearch.com/market-report/global-wireless-keyboard-market/3701/

โ™ฆ Global Cesium Market https://www.maximizemarketresearch.com/market-report/global-cesium-market/89395/

โ™ฆ Industrial Palletizing Robots Market https://www.maximizemarketresearch.com/market-report/industrial-palletizing-robots-market/77409/

โ™ฆ Operational Technology Market https://www.maximizemarketresearch.com/market-report/operational-technology-market/171620/

โ™ฆ Global Fall Detection System Market https://www.maximizemarketresearch.com/market-report/global-fall-detection-system-market/25573/

โ™ฆ Global Conductive Inks Market https://www.maximizemarketresearch.com/market-report/global-conductive-inks-market/33202/

โ™ฆ Enterprise Risk Management Market https://www.maximizemarketresearch.com/market-report/global-enterprise-risk-management-market/39991/

โ™ฆ Global Soy Milk Market https://www.maximizemarketresearch.com/market-report/global-soy-milk-market/77593/

โ™ฆ Ductless HVAC System Market https://www.maximizemarketresearch.com/market-report/global-ductless-hvac-system-market/28305/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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08-25-2023 | IT, New Media & Software
ReportsnReports
Remote Team Online Collaboration Tools Market Size in 2023 To 2029 | Asana (USA) โ€ฆ
The global market for Remote Team Online Collaboration Tools is anticipated to achieve a value of US$ million by 2029, experiencing growth from the US$ million recorded in 2022. This expansion is projected to be fueled by a compounded annual growth rate (CAGR) of % during the timeframe spanning from 2023 to 2029. Notable factors influencing the market, including economic conditions, the impacts of COVID-19, and the Russia-Ukraine War, haveโ€ฆ
02-19-2019 | Business, Economy, Finances, B โ€ฆ
Report Hive
Risk Analysis Management Market 2019: By FireMon (USA), ForcePoint (USA), HPE De โ€ฆ
This report studies the Risk Analysis Management market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Risk Analysis Management market by product type and applications/end industries. The global Risk Analysis Management market is valued at xx million USD in 2017 and is expected to reach xx million USD byโ€ฆ
02-13-2019 | Health & Medicine
Medical Wearable Market
Global Medical Wearable Market to 2025| Abbott Laboratories(USA), MC10(USA), Med โ€ฆ
Researchmoz added Most up-to-date research on "Global Medical Wearable Market Insights, Forecast to 2025" to its huge collection of research reports. The global Medical Wearable market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The objectives of this study are to define, segment, and project the size of the Medical Wearable market based on company,โ€ฆ
01-07-2019 | Business, Economy, Finances, B โ€ฆ
Wearables in Healthcare Market
Global Wearables in Healthcare Market to 2025: Abbott Laboratories(USA), MC10(US โ€ฆ
Researchmoz added Most up-to-date research on "Global Wearables in Healthcare Market Insights, Forecast to 2025" to its huge collection of research reports. The global Wearables in Healthcare market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The objectives of this study are to define, segment, and project the size of the Wearables in Healthcareโ€ฆ
12-14-2018 | IT, New Media & Software
Research Reports Inc.
Risk Analysis Management Market Outlook to 2023 โ€“ FireMon (USA), ForcePoint (U โ€ฆ
Risk and Vulnerability Analysis โ€“ including the ability to create virtual network maps and visualize network connections and analyze traffic flow In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management willโ€ฆ
11-28-2018 | IT, New Media & Software
Research Reports Inc.
Risk Analysis Management Market Outlook to 2023 โ€“ FireMon (USA), ForcePoint (U โ€ฆ
In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Risk and Vulnerability Analysis โ€“ including the ability to create virtual network maps and visualize network connections and analyze traffic flow Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management willโ€ฆ