USA: +1 347 690-0211 | UK: +44 2032 894158 | JAPAN: +81 50 5806 9039 | Translate : 

Global Video Conferencing Market Projected to Reach USD 9.2 Billion by 2026

22-Oct-2020 | Facts and Factors

Findings from Facts and Factors report “Video Conferencing Market By Component (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional, Managed)), By Deployment (On-Premise, Cloud-Based), By Enterprise (Large Enterprise, Small and Medium Enterprises) and By End User (Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Video Conferencing market in 2019 was approximately USD 4.8 Billion. The market is expected to grow above a CAGR of 11.45% and is anticipated to reach over USD 9.2 Billion by 2026.

The two-way transmission of audio and video content by using telecommunication devices is referred to as video conferencing. Video conferencing plays important role in the business processes by saving traveling time and cost to the organization.

Request Sample Request Customization Buy Now

Browse the full “Video Conferencing Market By Component (Hardware (Camera, Microphone & Headphone, Others), Software, Services (Professional, Managed)), By Deployment (On-Premise, Cloud-Based), By Enterprise (Large Enterprise, Small and Medium Enterprises) and By End User (Corporate, Education, Healthcare, Government & Defense, BFSI, Media & Entertainment, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/video-conferencing-market

The incorporation of innovative technologies like virtual reality, face recognition in video conferencing is playing a pivotal role in boosting the speed and simplification of processes.

The rising globalization of businesses across the globe has led to an increased demand for video conferencing solutions in major companies. Additionally, the workforce management and business operations at various locations are further catalyzing the demand for video conferencing solutions across various industries. Additional demand for video conferencing solutions is been created from the expansion of online workshops, seminars, and conferences. The coronavirus pandemic has created a major pull towards the video conferencing solutions as the work from home concept has to adopted at various industry levels. The integration of modern technologies like virtual reality and face recognition is expected to create future business opportunities for market expansion.

The hardware segment is anticipated to generate maximum revenue throughout the studied period. The rising innovation in the field of video conferencing cameras such as facial recognition is expected to further strengthen the hardware market. The large enterprise is expected to dominate the global market share. The major factor driving the growth in large enterprises is the rapid adoption of video conferencing solutions with active investment for enhancing the business processes. The SME sector is anticipated to exhibit the highest growth during the forecast period. The corporate sector is anticipated to create maximum business opportunities during the studied period. Geographically, North America is projected to dominate the global video conferencing market share. The higher adoption, notable investments, and presence of major video conferencing solution providers are the factors driving the market growth in the region. The Asia Pacific region is anticipated to exhibit the highest growth during the forecast period. The growing IT and telecommunication industry in parallel with the rising economic condition in the region is projected to catalyze the market growth.

Top Companies in the Industry:

Major players operating in the global video Conferencing market mentioned in this report include 8X8 Inc., Adobe Systems Inc., Arkadin, AT&T, Avaya Inc., BlueJeans Network, Cenero, Cisco Corporation, Citrix Systems Inc., Facebook, Fuze Inc., Google Inc., Highfive, Huawei Technologies Co. Ltd., KOLLECTIVE, Lifesize Inc., LogiTech, LogMeIn Inc., MediaPlatform, Microsoft Corporation, Panasonic, Pexip, Polycom (Plantronics), Premiere Global Services Inc., ReadyTalk, uStudio Inc., Vbrick, Vidyo Inc., Zoom Video Communication Inc., ZTE and others.

This report segments the global Video Conferencing market as follow:

Global Video Conferencing Market: By Component Segmentation Analysis

  • Hardware
    • Camera
    • Microphone & Headphone
    • Others
  • Software
  • Services
    • Professional
    • Managed

Global Video Conferencing Market: By Deployment Segmentation Analysis

  • On-Premise
  • Cloud-Based

Global Video Conferencing Market: By Enterprise Segmentation Analysis

  • Large Enterprise
  • Small and Medium Enterprises

Global Video Conferencing Market: By End User Segmentation Analysis

  • Corporate
  • Education
  • Healthcare
  • Government &Defense
  • BFSI
  • Media & Entertainment
  • Others

Global Video Conferencing Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1 (347) 690-0211
Email: [email protected]
Web: https://www.fnfresearch.com


Latest Market Research Reports

report img

Private Tutoring Market Report 2022 – 2028

[200+ Pages Report] According to Facts and Factors, the global private tutoring market size was worth USD 29.6 billion in 2021 and is estimated to grow to USD 49.9 billion by 2028, with a compound annual growth rate (CAGR) of approximately 9.1 percent over the forecast period. The report analyzes t

Published Date : 10-Aug-2022 | | Category : Technology & Media | Pages : 200 | Format : Read more

Inquiry for Buying Request Sample
report img

System in Package (SiP) Technology Market Report 2022 – 2028

[210+ Pages Report] According to Facts and Factors, the global system in package (SiP) technology market size was worth USD 14,952.5 million in 2021 and is estimated to grow to USD 25,774.9 million by 2028, with a compound annual growth rate (CAGR) of approximately 9.5 percent over the forecast per

Published Date : 10-Aug-2022 | | Category : Technology & Media | Pages : 210 | Format : Read more

Inquiry for Buying Request Sample
report img

Virtual Workspaces Software Market Report 2022 – 2028

[215+ Pages Report] According to Facts and Factors, the global virtual workspaces software market size was worth around USD 9,273.40 million in 2021 and is estimated to grow to about USD 29393.73 million by 2028, with a compound annual growth rate (CAGR) of approximately 21.20% over the forecast pe

Published Date : 10-Aug-2022 | | Category : Technology & Media | Pages : 215 | Format : Read more

Inquiry for Buying Request Sample
report img

Wellness Real Estate Market Report 2022 – 2028

[220+ Pages Report] According to Facts and Factors, the global wellness real estate market size was worth around USD279.4 billion in 2021 and is estimated to grow to about USD 863.9 billion by 2028, with a compound annual growth rate (CAGR) of approximately 20.70% over the forecast period. The repo

Published Date : 10-Aug-2022 | | Category : Consumer Goods | Pages : 220 | Format : Read more

Inquiry for Buying Request Sample
report img

Wheel Loaders Market Report 2022 – 2028

[225+ Pages Report] According to Facts and Factors,the global wheel loaders market size was worth USD 16,293.4 million in 2021 and is estimated to grow to USD 19,568.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 3.1% over the forecast period. The report analyzes the

Published Date : 10-Aug-2022 | | Category : Automotive | Pages : 225 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration