The global Video Conferencing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Video Conferencing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Video Conferencing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Video Conferencing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Video conferencing market is segmented based on component and end-use industry. Based on component, the global video conferencing market is categorized into hardware, software, and services. Among these components, the hardware component segment is further sub-segmented into camera, codec, microphone/speakers, and others. The software segment is further classified into on-premise and cloud-based. Furthermore, the services segment is further split into managed/outsourced and others.
This report aims to provide a comprehensive presentation of the global market for Video Conferencing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Video Conferencing. This report contains market size and forecasts of Video Conferencing in global, including the following market information:
- Global Video Conferencing Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
Owing to factors such as rising demand for cloud-based video conferencing solutions across the world,annual growth rate of the software segment is high. The shift toward cloud-based video conferencing solutions is currently low. However, it is expected to rise substantially in the coming years. Furthermore, the services segment is also expected to expand rapidly during the forecast period. This is due to an increasing trend among organizations to ensure the availability of video conferencing services without the need to employ and maintain a permanent in-house technical team for the purpose.
We surveyed the Video Conferencing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Video Conferencing Market, by Approach, 2018-2023, 2024-2030 ($ millions)
Global Video Conferencing Market Segment Percentages, by Approach, 2022 (%)
- Tablet
- Computer
- Telephone
- Others
Global Video Conferencing Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Video Conferencing Market Segment Percentages, by Application, 2022 (%)
- Corporate Enterprise
- Healthcare
- Government and Defense
- Education
- Others
Global Video Conferencing Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Video Conferencing Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Video Conferencing revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Video Conferencing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Adobe Systems
- Arkadin Cloud Communications
- Cisco Systems
- Huawei Technologies
- JOYCE CR
- Logitech International
- Microsoft
- Orange Business Services
- Polycom
- Vidyo
- West Unified Communications Services
- ZTE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Video Conferencing, market overview.
Chapter 2: Global Video Conferencing market size in revenue.
Chapter 3: Detailed analysis of Video Conferencing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by approach, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Video Conferencing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
