Video Conferencing Market: Up-to-Date Analysis of Market Trends and Technological Improvements
The increasing trend of virtual meetings for real-time communication with distantly located teams is the primary factor driving the global video conferencing market. With rapid globalization, video conferencing is a major communication tool used by enterprises that benefits in the form of enhanced productivity and faster decision making.
Acting as a barrier to the growth of the video conferencing market are high initial investments and high installation costs of video conferencing equipment.
As per a report by Transparency Market Research, the global market for video conferencing is likely to expand at a CAGR of 8.3% between 2017 and 2025, for the market to become worth US$8,958.7 mn by the end of 2025. The market was evaluated to be worth US$4,405.6 mn in 2016.
Obtain Report Details @
Amongst deployment type segments, on-premise dominates the video conferencing market in terms of revenue. However, cloud-based video conferencing is anticipated to surpass on-premise segment in terms of growth rate over the forecast period.
North America held supremacy in terms of revenue in the video conferencing market in 2016. The widespread popularity of telepresence and high adoption of managed video conferencing solutions are the key factors for the dominance of the region. The region is expected to display a significant growth rate over the forecast period.
The foremost factor driving the global video conferencing market is the increasing trend of virtual meetings with rising globalization across industries. Video conferencing allows real-time communication over long distances that benefits in the form of enhanced productivity and faster decision making. Additionally, it saves travel expenses and addresses customer queries.
In the corporate sector, video conferencing is a major communication tool used by enterprises for enhanced collaboration. It is because it allows two-way audio and video communication at minimal cost, especially in present times when organizations are focused on curtailing costs related to their means of communication. This has extended widespread opportunities for the video conferencing market.
Make an Enquiry @
Cisco. Systems Inc. that leads the global video conferencing market has been instrumental in the development and promotion of video conferencing technology, says a new report by Transparency Market Research. The company offers a spectrum of newer video conferencing products that integrate voice, video, data, and software apps. These offerings have enhanced its brand image across the world.
Besides innovation, strategic acquisitions is the focus of the company to expand its outreach. For example, Cisco Systems Inc. acquired Acano Ltd. in a bid to expand dynamically in the video conferencing market.
Some other prominent companies in the global video conferencing market are Huawei Technologies Co. Ltd., West Unified Communications Services, ZTE Corporation, Polycom Inc., Vidyo Inc., Adobe Systems Incorporated, Microsoft Corporation, Arkadin International SAS, Logitech International S.A., Orange Business Services, and JOYCE CR, S.R.O.
As per a report by Transparency Market Research, the global video conferencing market is expected to be worth US$8,958.7 mn by 2025, expanding at a CAGR of 8.3% during the forecast period between 2017 and 2025.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Video Conferencing Market: Up-to-Date Analysis of Market Trends and Technological Improvements here
News-ID: 833831 • Views: 112
More Releases from Transparency Market Research
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals
More Releases for Video
Video Management Software Market: Increasing need of Video Surveillance
Video Management Software Market: Overview Video management software are used for seamless management of digital video, audio, data and playback functionalities in a video surveillance systems. These software suites are specifically designed for managing, processing and storage of the signals from multiple camera feeds. The increasing penetration of video surveillance in wide range of applications such as facility protection, monitoring applications, event video surveillance and cross-border activities, is the key driving
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
Appia Video Communicator Lowers the Cost of Video Communication
TRAVERSE CITY, MI – November 14, 2008 – Managed services provider Appia Communications today announced a telepresence video communication solution that offers significant cost savings for companies and organizations. Video communication enables real-time collaboration without the costs, inefficiencies, and carbon emissions of travel. Until now, these benefits have been outweighed by high costs, which typically run from $10,000 to over $200,000 per conference room. According to Appia President Victor von
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