Video Conferencing Market - Trends Forecast Till 2028

Market Overview

The Video Conferencing market size is projected to reach a CAGR of 19.9% from 2022 to 2028.

Video Conferencing is an online interface which allows its users to conduct face to face meeting without physically being at the same location. It allows people at different location to conduct successful meetings and are used to hold not just routine meetings but also business deals and interviews. It is classified into 4 types on the basis of users involved.

With the world moving towards digitalization along with the internet penetration along with the transformation of the workforce are some of the factors that have supported long-term expansion for Video Conferencing Market.

COVID-19 had a booming effect on the market, as the conventional physical meets were halted dur to the pandemic the world shifted to the video conferencing.

Regional Analysis

APAC is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the internet penetration along with the digitalization in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Avaya, Inc.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Logitech International S.A.
• Microsoft Corporation
• Polycom Inc.
• Zoom Video Communications, Inc.

Recent Developments

• In January 2021, Microsoft joined hand with SAP’s intelligent suite of Solution, leading to the integration of Microsoft Teams and SAP Solution, such as SAP S/4HANA, SAP SuccessFactors, and SAP Customer Experience.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Video Conferencing Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope