Conferencing Services Market By Type (Audio Conferencing, Video Conferencing, Web Conferencing), By Delivery Model (On-Premise, Software As A Service), By Application (Government Sector, Private Sector, Residential) – Growth, Future Prospects, And Competitive Landscape, 2019 – 2027

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Penetration of Mobile Workforces to Boost the Demand for Global Conferencing Services Worldwide

In 2018, the global conferencing services market was valued at US$ 13.99 Bn and was expected to grow at a CAGR of 5.6% during the forecast period from 2019 to 2027. Expansion of mobile workforces, globalization of businesses, and flexibility at workplaces are the major factors driving growth in the global conferencing services market. Conferencing services have several benefits, comprises cost-effective, saving time, increase efficiency and productivity, and others. The adoption of conferencing services at small and medium enterprises is the other major growth factor for the market. Consequently, we expect that the global conferencing services market will show substantial growth during the forecast period.

Market Synopsis

Video Conferencing is the Fastest Growing Segment

Based on type, the global conferencing services market was led by the audio conferencing segment in 2018. The audio conferencing segment accounted for over 45% of the market revenue in the same year. Low cost, easy setup, and reliability are some of the features driving the growth of the segment. On the other flip of the coin, we expect that the video conferencing segment will be the fastest-growing segment due to the benefits of video conferencing over audio conferencing. Video conferencing provides visuals, attention to the person, flexibility, and other additional features such as document sharing, application sharing, and others. As a result, we presumed that the video conferencing segment would be the fastest-growing segment throughout the forecast period.

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CTA Design Element 3

The Asia Pacific will be the Fastest Growing Region throughout the Forecast Period.

North America was the largest market for global conferencing services in 2018. The region accounts for more than 1/3rd of the market share in the same year. The dominance is due to a developed economy, established businesses, and the adoption of technology. Furthermore, we expect that the Asia Pacific will be the fastest-growing region owing to growing startup businesses, the rapid shift from the rural area to the urban area, and the globalization of businesses. Developing economies of the Asia Pacific, such as China and India, will be the major value contributors to the global conferencing market. Therefore, we expect that the Asia Pacific region will be the fastest-growing region throughout the forecast period 2019- 2027.

Some of the prominent players operating in the global conferencing services market include 8×8 Inc., Plantronics, Inc., Logitech International S.A., Microsoft Corporation, Aastra Technologies, Cisco Webex, LogMeIn, Inc. (GoToWebinar), Zoom Video Communications, Damovo, Avaya, Google LLC, Adobe Inc., IBM Corporation, AnyMeeting, Inc., Juniper Networks, Inc. among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The global conferencing services market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global conferencing services market based on type, delivery model, application, and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS

  Research Period    2017-2027

  The base Year       2018

  Forecast Period     2019-2027

  Historical Year       2017

  Unit                      USD Billion

 Segmentation  Type (2019–2027; US$ Bn)

  • Audio Conferencing
  • Video Conferencing
  • Web Conferencing

 Delivery Model (2019–2027; US$ Bn)

  • On-premise
  • Software as a service

 Application (2019–2027; US$ Bn)

  • Government Sector
  • Private Sector
  • Residential

Geography Segment (2019–2027; US$ Bn)

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report.

  • What was the market size of the global conferencing services market in 2018, and what is forecast up to 2027?
  • Which is the largest regional market for global conferencing services?
  • What are the major trends followed in the overall global conferencing services market across different regions?
  • What are the key high-growth opportunities observed in the global conferencing services market?
  • What are the drivers of the global conferencing services market?
  • Which are the leading global conferencing services providers worldwide?
  • What are the key strategies adopted by the leading global conferencing services providers?

Unique data points of this report

  • Recent trends across different regions in terms of the adoption of global conferencing services
  • Notable ongoing developments in the global conferencing services industry
  • Attractive investment proposition for different segments of the global conferencing services market
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global CS Market Snapshot
2.2. Global CS Market, By Type, 2018 (US$ Bn)
2.3. Global CS Market, By Delivery Model, 2018 (US$ Bn)
2.4. Global CS Market, By Application, 2018 (US$ Bn)
2.5. Global CS Market, By Geography, 2018 (US$ Bn)

3. Global Conferencing Services (CS) Market Analysis
3.1. Global CS Market Overview
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. Attractive Investment Proposition, By Geography, 2018
3.4. Market Positioning of Key Industry Participants
3.4.1. Major Strategies Adopted

4. Global Conferencing Services (CS) Market Value, By Type , 2017 – 2027 (US$ Bn)
4.1. Market Analysis
4.2. Audio Conferencing
4.3. Video Conferencing
4.4. Web Conferencing

5. Global Conferencing Services (CS) Market Value, By Delivery Model , 2017 – 2027 (US$ Bn)
5.1. Market Analysis
5.2. On-premise
5.3. Software as a service

6. Global Conferencing Services (CS) Market Value, By Application, 2017 – 2027 (US$ Bn)
6.1. Market Analysis
6.2. Government Sector
6.3. Private Sector
6.4. Residential

7. North America Conferencing Services (CS) Market Analysis, 2017 – 2027 (US$ Bn)
7.1. North America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
7.1.1. Audio Conferencing
7.1.2. Video Conferencing
7.1.3. Web Conferencing
7.2. North America CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
7.2.1. On-premise
7.2.2. Software as a service
7.3. North America CS Market Value, Application, 2017 – 2027 (US$ Bn)
7.3.1. Government Sector
7.3.2. Private Sector
7.3.3. Residential
7.4. North America CS Market Value, By Country, 2017 – 2027 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. CS Market Value, By Type, 2017 – 2027 (US$ Bn)
7.4.1.2. U.S. CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
7.4.1.3. U.S. CS Market Value, By Application, 2017 – 2027 (US$ Bn)
7.4.2. Rest of North America
7.4.2.1. Rest of North America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
7.4.2.2. Rest of North America CS Market Value, By Delivery Model, 2017– 2027 (US$ Bn)
7.4.2.3. Rest of North America CS Market Value, By Application, 2017 – 2027 (US$ Bn)

8. Europe Conferencing Services (CS) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Europe CS Market Value, By Type, 2017 – 2027 (US$ Bn)
8.1.1. Audio Conferencing
8.1.2. Video Conferencing
8.1.3. Web Conferencing
8.2. Europe CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
8.2.1. On-premise
8.2.2. Software as a service
8.3. Europe CS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.3.1. Government Sector
8.3.2. Private Sector
8.3.3. Residential
8.4. Europe CS Market Value, By Region, 2017 – 2027 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. CS Market Value, By Type, 2017 – 2027 (US$ Bn)
8.4.1.2. U.K. CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
8.4.1.3. U.K. CS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany CS Market Value, By Type, 2017 – 2027 (US$ Bn)
8.4.2.2. Germany CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
8.4.2.3. Germany CS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.4.3. France
8.4.3.1. France CS Market Value, By Type, 2017 – 2027 (US$ Bn)
8.4.3.2. France CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
8.4.3.3. France CS Market Value, By Application, 2017– 2027 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe CS Market Value, By Type, 2017 – 2027 (US$ Bn)
8.4.4.2. Rest of Europe CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
8.4.4.3. Rest of Europe CS Market Value, By Application, 2017 – 2027 (US$ Bn)

9. Asia Pacific Conferencing Services (CS) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Asia Pacific CS Market Value, By Type, 2017 – 2027 (US$ Bn)
9.1.1. Audio Conferencing
9.1.2. Video Conferencing
9.1.3. Web Conferencing
9.2. Asia Pacific CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
9.2.1. On-premise
9.2.2. Software as a service
9.3. Asia Pacific CS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.3.1. Government Sector
9.3.2. Private Sector
9.3.3. Residential
9.4. Asia Pacific CS Market Value, By Country, 2017 – 2027 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan CS Market Value, By Type, 2017 – 2027 (US$ Bn)
9.4.1.2. Japan CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
9.4.1.3. Japan CS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.4.2. China
9.4.2.1. China CS Market Value, By Type, 2017 – 2027 (US$ Bn)
9.4.2.2. China CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
9.4.2.3. China CS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.4.3. India
9.4.3.1. India CS Market Value, By Type, 2017 – 2027 (US$ Bn)
9.4.3.2. India CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
9.4.3.3. India CS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific CS Market Value, By Type, 2017 – 2027 (US$ Bn)
9.4.4.2. Rest of Asia Pacific CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
9.4.4.3. Rest of Asia Pacific CS Market Value, By Application, 2017 – 2027 (US$ Bn)

10. Rest of World Conferencing Services (CS) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Rest of World CS Market Value, By Type, 2017 – 2027 (US$ Bn)
10.1.1. Audio Conferencing
10.1.2. Video Conferencing
10.1.3. Web Conferencing
10.2. Rest of World CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
10.2.1. On-premise
10.2.2. Software as a service
10.3. Rest of World CS Market Value, By Application, 2017 – 2027 (US$ Bn)
10.3.1. Government Sector
10.3.2. Private Sector
10.3.3. Residential
10.4. Rest of World CS Market Value, By Region, 2017 – 2027 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
10.4.1.2. Latin America CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
10.4.1.3. Latin America CS Market Value, By Application, 2017 – 2027 (US$ Bn)
10.4.2. Middle-East and Africa
10.4.2.1. Middle-East and Africa CS Market Value, By Type, 2017 – 2027 (US$ Bn)
10.4.2.2. Middle-East and Africa CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
10.4.2.3. Latin America CS Market Value, By Application, 2017 – 2027 (US$ Bn)

11. Company Profiles
11.1 8×8 Inc.
11.2 Plantronics, Inc.
11.3 Logitech International S.A.
11.4 Microsoft Corporation
11.5 Aastra Technologies
11.6 Cisco Webex
11.7 LogMeIn, Inc. (GoToWebinar)
11.8 Zoom Video Communications
11.9 Damovo
11.10 Avaya
11.11 Google LLC
11.12 Adobe, Inc.
11.13 IBM Corporation
11.14 AnyMeeting, Inc.
11.15 Juniper Networks, Inc.

List of Figures

FIG. 1 Global Conferencing Services (CS): Market Segmentation
FIG. 2 Global CS Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global CS Market, By Type, 2018 (US$ Bn)
FIG. 5 Global CS Market, By Delivery Model, 2018 (US$ Bn)
FIG. 6 Global CS Market, By Application, 2018 (US$ Bn)
FIG. 7 Global CS Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global CS Market Value and Growth, 2018 – 2027 , (US$ Bn and % Y-o-Y)
FIG. 9 Market Positioning of Key Industry Participants, 2018
FIG. 10 Global CS Market Value Contribution, By Type, 2018 & 2027 (Value %)
FIG. 11 CS Audio Conferencing Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 12 CS Video Conferencing Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 13 CS Web Conferencing Market Value and Growth, 2017 – 2027 , (US$ Bn)
FIG. 14 Global CS Market Value Contribution, By Delivery Model, 2018 & 2027 (Value %)
FIG. 15 Global CS Market Value & Growth for On-premise , 2017 – 2027 , (US$ Bn)
FIG. 16 Global CS Market Value & Growth for Software as a service, 2017 – 2027 , (US$ Bn)
FIG. 17 Global CS Market Value Contribution, By Application, 2018 & 2027 (Value %)
FIG. 18 Global CS Market Value & Growth for Government Sector , 2017 – 2027 , (US$ Bn)
FIG. 19 Global CS Market Value & Growth for Private Sector, 2017 – 2027 , (US$ Bn)
FIG. 20 Global CS Market Value & Growth for Residential, 2017 – 2027 , (US$ Bn)
FIG. 21 North America CS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 22 Europe CS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 23 Asia Pacific CS Market Value and Growth, 2017 – 2027 , (US$ Bn) (Y-o-Y %)
FIG. 24 RoW CS Market Value and Growth, 2017– 2027, (US$ Bn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Conferencing Services (CS) Market
TABLE 2 Evolution of CS
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 6 North America CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 7 North America CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 8 North America CS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 11 U.S. CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North America CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 14 Rest of North America CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 15 Europe CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 16 Europe CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 17 Europe CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 18 Europe CS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 21 U.K. CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 22 France CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 23 France CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 24 France CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 25 Germany CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 26 Germany CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 27 Germany CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 30 Rest of Europe CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 32 Asia Pacific CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 33 Asia Pacific CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 34 Asia Pacific CS Market Value, By Country, 2017 – 2027 (US$ Bn)
TABLE 35 China CS Market Value, By Type, 2017- 2027 (US$ Bn)
TABLE 36 China CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 37 China CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 38 Japan CS Market Value, By Type, 2017– 2027 (US$ Bn)
TABLE 39 Japan CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 40 Japan CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 41 India CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 42 India CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 43 India CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacifc CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 46 Rest of Asia Pacific CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 47 Rest of World CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 48 Rest of World CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 49 Rest of World CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 50 Rest of World CS Market Value, By Region, 2017 – 2027 (US$ Bn)
TABLE 51 Latin America CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 52 Latin America CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America CS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 54 Middle-East and Africa CS Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 55 Middle-East and Africa CS Market Value, By Delivery Model, 2017 – 2027 (US$ Bn)
TABLE 56 Middle-East and Africa CS Market Value, By Application, 2017 – 2027 (US$ Bn)

Frequently Asked Questions

What is the size of Conferencing Services Market?

The market for Conferencing Services Market is expected to reach US$ XX Bn by 2027.

What is the Conferencing Services Market CAGR?

The Conferencing Services Market is expected to see significant CAGR growth over the coming years, at 5.6%.

What is the Forecast period considered for Conferencing Services Market?

The report is forecasted from 2019-2027.

What is the base year considered for Conferencing Services Market?

The base year of this report is 2018.

Who are the major players in this market?

8×8 Inc., Plantronics, Inc., Logitech International S.A., Microsoft Corporation, Aastra Technologies, Cisco Webexare some of the major players in the global market.

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