Frequently Asked Questions:
The global Video Conferencing market is expected to be affected positively by COVID-19.
North America accounted for the highest share in the global Video Conferencing market in terms of value.
The key drivers of growth include the growing tendency of remote working, geographically dispersed company activities, and more globalisation. In addition, increased demand for video conferencing solutions in the education and healthcare sectors is propelling market expansion. As a result of the rapid growth in the video conferencing business, the sector has gained considerable traction in recent years, particularly during the COVID-19 outbreak following lockout constraints.
Hardware segment had a major share in 2021 with more than 40% of the market revenue share.
On-premise segment had a major share in 2021 with more than 60% of the market revenue share.