Video Conferencing Market Is Likely to Enjoy a Tremendous Growth

Video Conferencing Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, The Video Conferencing market size is projected to reach a CAGR of 19.9% and Forecast to 2030.

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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.

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.

Recent Developments

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.

Top Key Players of Video Conferencing Market:

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

Video Conferencing Market is segmented into Component, vertical, deployment mode, application and region.

On the basis of Component

  • Hardware
  • Solution
  • Services

On the basis of Hardware

  • Multi point Control Unit
  • Hard Codec
  • Peripheral Devices

On the basis of Application

  • Corporate Communications
  • Training and Development
  • Marketing and client engagement

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

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In addition to the market data for Video Conferencing Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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