Video Conferencing Market 2020 Analysis, Future Opportunities and Market Forecast To 2030

Video conferencing market accounted for over US$6.78 billion in 2020. It is anticipated to grow at a CAGR of approximately 13.5% from 2020 to 2030.

Rising concerns regarding the recent COVID-19outbreak have led to a worldwide necessity to work from home. Also, many regional governments have been encouraging employees to work from home. This results in an exponentially growing demand for video conferencing technologies to communicate in an effective manner. For instance, in China, Microsoft team meetings, calling, and video conferencing have increased by approximately 500%. Also, the stocks of Zoom Video Communications, Inc. have grown by more than 42% since late January. Therefore, the corona virus outbreak across the globe is fueling market growth.

Major Key Players of the Video Conferencing Market are:
Zoom Video Communications, Inc., Log MeIn, Inc., Cisco, ON24, Inc., Adobe, Click Meeting, and Microsoft, among others.

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Additionally, workforce management from different locations, growing geographical expansions of business operations and the emergence of online education programs are the major factors driving market growth. Moreover, the growing adoption of video conferencing for personal use and entertainment owing to the availability of the internet at low costs across the globe is boosting market growth. Furthermore mobile phones, laptops, tablets, etc. are equipped with suitable hardware, including camera, microphone, screen, and speaker further supplementing the market growth.

Increasing collaborations between hardware & software providers to provide better solutions for video conferencing have been creating new business opportunities in the market. However, issues related to the internet in some areas due to the lack of infrastructure, intermittent internet speeds across the globe and security & privacy concerns are the major factors hampering market growth.

Major Types of Video Conferencing Market covered are:
- Telepresence Video
- Integrated Video
- Desktop Video

Major Applications of Video Conferencing Market covered are:
- Corporate Enterprises
- Education
- Government
- Entertainment

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Research objectives:-

– To study and analyze the global Video Conferencing consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Video Conferencing market by identifying its various sub-segments.
– Focuses on the key global Video Conferencing manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Video Conferencing with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Video Conferencing Market Size
2.2 Video Conferencing Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Video Conferencing Market Size by Manufacturers
3.2 Video Conferencing Key Players Head office and Area Served
3.3 Key Players Video Conferencing Product/Solution/Service
3.4 Date of Enter into Video Conferencing Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Video Conferencing Sales by Product
4.2 Global Video Conferencing Revenue by Product
4.3 Video Conferencing Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Video Conferencing Breakdown Data by End User

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In the end, Video Conferencing industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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