The global video conferencing market is expected to grow from USD 3,678.68 million 2016 to USD 7,467.88 million by the end of 2023 at a Compound Annual Growth Rate (CAGR) of 10.64%.
“Improved management communication is one of the factors largely attributing to the growth of video conferencing market globally”
The factors attributing to the growth of the market are improved management communication, increased productivity and efficiency, increasing trend of video content sharing, and globalization of digital business and remote workforce. However, some factors such as concerns related to security and privacy of contents, and evolving competitive landscape may hinder the market growth. The global video conferencing market is expected to showcase the opportunities such as unified communication and collaboration, and mobile and cloud-based video conferencing. In the near future, the market may face possible challenges in the growth due to evolving technologies and services and needs a highly strict and secure web environment. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global video conferencing market.
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On the basis of industry, the global video conferencing market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.
On the basis of geography, the global video conferencing market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“Adobe: The potential growing player for the global video conferencing market”
The key players profiled in the global video conferencing market are Adobe, Amazon Web Services, Inc., Blue Jeans Network, Cisco Systems, Inc., ClickMeeting, LogMeIn, Microsoft Corporation, ZOHO Corporation, and Zoom Video Communications.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global video conferencing market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global video conferencing market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global video conferencing market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global video conferencing market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global video conferencing market.
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TABLE OF CONTENT
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
188.8.131.52. Secondary Instrument
184.108.40.206. Primary Instrument
2.1.2. Research Approaches
220.127.116.11. Bottom-up Approach
18.104.22.168. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
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