Crystal Market Research adds “Video Conferencing Market – 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023” reports to its database.
Crystal Market Research (CMR) render to you profound details in respect to leading participants, regions, application and type of the Video Conferencing Market which is estimated to encounter substantial growth over the forecast period 2018-2023. The Video Conferencing Market was worth USD 4.28 billion in 2014 and is expected to reach approximately USD 8.44 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.82% during the forecast period.
Industry Outlook and Trend Analysis:
Video conferencing is associated with carrying out a conference by making use of telecommunication technologies for a real-time two-way transmission of audio and video. With rising globalization, companies are moving toward videoconference meetings in order to empower quicker basic leadership and lessen travel hassles. In the corporate section, video conferencing is majorly used for viable correspondence on real time basis over long distances at low cost and time and improve efficiency between groups based at various areas around the world. Moreover, it reduces travel costs and addresses client inquiries progressively.
Competitive Insights:
The major players in the market are Orange Business Services, Microsoft, Logitech, JOYCE CR Ltd, ZTE, Vidyo, Arkadin Cloud Communications, Adobe Systems and West Unified Communications Services. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Drivers and Restraints:
The video conferencing market is observing huge development inferable from the rising appropriation of cloud-based video conferencing arrangements all inclusive. Expanding adoption of cloud-based video conferencing administrations has prompted execution of better encryption and secret key secured answers for cloud-based video conferencing systems over the world. Moreover, increasing usage of cloud-based solutions and rise of 3D innovation in video conferencing arrangements are a main factor increasing the demand for this solution globally.
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Market Segmentation:
The Video Conferencing Market is segmented on the basis of component and end user. Based on component the market is segmented into hardware, software, and services. In terms of end user the market is segmented into corporate enterprise, healthcare, government and defence, education, and others. Cloud-based video conferencing services provide enhanced accessibility to end-users, as the infrastructure is managed and maintained at the service provider’s site.
The Video Conferencing Market is segmented as follows-
By Component:
Software: On-premise & Cloud-based
Hardware: Codec, Microphone, Camera & Others
Services: Managed/Outsourced & Others
By End User: Health Care, Government, Corporate Enterprise, Education & Others
By Region:
North America: U.S., Canada & Mexico
Europe: Germany, UK, France, Russia, Italy & Rest of Europe
Asia-Pacific: China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific
South America: Brazil, Argentina, Columbia, South Africa & Rest of South America
Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA
Regional Outlook and Trend Analysis:
The APAC region possesses the biggest share; it is anticipated to encounter the highest growth rate over the forecast period. The increase in start-ups in this region would also help in market development. North America is expected to develop significantly in the following years due to the presence of major players in the region.
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What makes our report unique?
1) An extensive research study on the Global Video Conferencing Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Video Conferencing Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major ToC of Global Video Conferencing Market:
Part 1. Introduction
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Market Analysis by Regions
Part 5. Video Conferencing Market, By Component
Part 6. Video Conferencing Market, By End User
Part 7. Video Conferencing Market, By Region
Part 8. Company Profiles
Part 9. Global Video Conferencing Market Competition, by Manufacturer
Part 10. Video Conferencing Market Forecast (2018-2023)
…CONTINUED FOR TOC
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.