Press release
2021 Virtual Meeting Software Market Recent Trends with Growth Strategies by 2027 - Huawei Technologies Co., Ltd., Lifesize, Inc., LogMeIn, Inc., MICROSOFT CORPORATION, RingCentral, Webex (Cisco)
Growth in the Adoption of virtual meeting software among corporate and government organizations drives the global virtual meeting software market. However, the high initial cost may restrain the growth of the virtual meeting software market. Furthermore, the integration of advanced technology such as artificial intelligence and cloud-based technology is anticipated to surge the growth of virtual meetingVirtual Meeting Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Deployment Model (Cloud, On-Premise); Enterprise Size (Small and Medium Enterprises, Large Enterprises); Industry (BFSI, Education, IT and Telecom, Government, Healthcare, Manufacturing, Others) and Geography
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Virtual Meeting Software is used to conduct group discussions, meetings, and other conversations over the internet. Several businesses across the world are adopting virtual meeting software due to numerous benefits such as offering a fast and secure way of communication within the organization and enhancing communication between employees. Furthermore, it helps organizations save their operational cost and optimize business relationships with their customers, which surges virtual meeting software demand.
MARKET SCOPE
The "Global Virtual Meeting Software Market Analysis to 2027" is a specialized and in-depth study of the virtual meeting software market with a special focus on the global market trend analysis. The report aims to provide an overview of virtual meeting software market with detailed market segmentation by deployment model, enterprise size, industry and geography. The global virtual meeting software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading virtual meeting software market players and offers key trends and opportunities in the virtual meeting software market.
Top Listed Players in Virtual Meeting Software Market are -
- Adobe Systems Incorporated
- AVAYA INC.
- Google LLC
- Huawei Technologies Co., Ltd.
- Lifesize, Inc.
- LogMeIn, Inc.
- MICROSOFT CORPORATION
- RingCentral, Inc.
- Webex (Cisco)
- Zoom Video Communications, Inc.
MARKET SEGMENTATION
The global virtual meeting software market is segmented on the basis of deployment model, enterprise size, and industry. On the basis of deployment model, the market is segmented as cloud and on-premise. On the basis of enterprise size, the market is segmented as small and medium enterprises and large enterprises. On the basis of industry, the market is segmented as BFSI, education, IT and telecom, government, healthcare, manufacturing, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global virtual meeting software market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The virtual meeting software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting virtual meeting software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the virtual meeting software market in these regions.
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