Video Conferencing Market By Deployment mode (Hardware, Solution, Services) By Hardware (Multi point Control Unit, Hard Codec, Peripheral Devices) By Deployment mode (On-premises, Cloud) By Application (Corporate Communications, Training and Development, Marketing and client engagement) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 12010 | Report Format : PDF

What role does technology play in the video conferencing market?

Video conferencing solutions boost team productivity across multiple locations and time zones throughout the world by enhancing communication, training and development, knowledge sharing, employee and client engagement, and marketing. To improve flexibility and reliability in internal company processes, enterprises and SMEs are increasingly turning to cloud-based video conferencing solutions. In addition, the incorporation of new technology represents a substantial opportunity for the video conferencing business in the next years. 5G networks give an upgraded internet experience with speeds of up to 1 Gbps and latency of 10ms, as well as a platform for cloud and AI-based video applications. IT and telecom, retail, healthcare, automotive, media and entertainment, BFSI, and agricultural all have varied video conferencing needs, such as high bandwidth, low power, ultra-low latency, and high speed.

To meet the growing demand for video conferencing, network Hardware must be raised by utilising new spectrum, which would result in widespread adoption of the 5G core for the 5G technology implementation for improved mobile broadband services. For instance, there were around664 million active 5G subscriptions in 2021. By 2027, this number is expected to have increased by more than sixteen fold, with around 4.39 billion active 5G subscriptions. Furthermore, Real-time visual conferences between one or more participants are known as video conferencing sessions. In the near future, market growth is likely to be driven by the integration of developed technologies such as Artificial Intelligence (Al), Internet of Things (loT), and cloud technology. In recent years, the Internet of Things (IoT) has become a big consumer trend. In 2021, the number of worldwide IoT connections increased by 8% to 12.2 billion active endpoints, a far slower rate than in prior years. By 2025, it is expected that there will be around 27 billion linked IoT devices as supply limitations ease and demand increases.

Video Conferencing Market

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What is the Market Size of Video Conferencing in terms of value?

The global Video Conferencing Market is projected to increase at a significant CAGR of 11.10% in the coming years. In 2021, the worldwide video conferencing market was worth USD 6279.5 million, and by 2028, it is expected to be worth USD 12655.15 million. The demand for Video Conferencing is projected to increase substantially in the coming years and is presumed to generate revenue opportunities for the key industry players worth USD 5925.65 million during the forecast period of 2022 and 2028.

What impact has Covid 19 had on the video conferencing market?

The rising lockdown situation caused by COVID-9 affects all enterprises. As a result, with the adoption of the work-from-home model by all technological enterprises, demand for video conferencing solutions is likely to rise. With COVID-19, the entire workforce has shifted to remote working, paving the path for video conferencing systems and hardware devices. Post-pandemic, applications such as Microsoft Teams, an in-built application of Office 365 that is already used by most organisations for end-to-end productivity with email and storage capabilities, enjoyed tremendous growth. The Zoom meeting solution is also growing in popularity due to its feasibility and convenience of use. Due to the growing impact of COVID-19 on government work, the government and defence industry is likely to make a substantial contribution to the overall video conferencing market. During the shutdown in 2020, governments are expected to use video conferencing to connect with various government agencies in order to enhance output and operations.

Interesting Facts about Video Conferencing Industry

  • The key drivers of growth include the growing tendency of remote working, geographically dispersed company activities, and more globalisation. In addition, the market is expanding due to rising demand for video conferencing solutions in the education and healthcare sectors. As a result of the significant growth in the video conferencing business in recent years, the sector has gained tremendous traction, particularly during the COVID-19 outbreak following lockout restrictions.
  • North America region had a major share in terms of volume as well as value in the global Video Conferencing market in 2021 and is projected to continue its dominance over the forecast period.
  • Dedicated video conferencing networks, as well as high-priced end-points like high-definition (HD) monitors, cameras, and microphones, have contributed significantly to total video conferencing industry income.
  • The global video conferencing market includes both major and small manufacturers and suppliers. The video conferencing market’s players are currently working on delivering advanced software and integrating new capabilities inside the software to enable video conferencing across business boundaries and to fulfil the demand to monitor video delivery and quality. Furthermore, suppliers are implementing partnership and acquisition tactics in order to compete effectively in the regional market.

Who are the Top 10 players/companies in the Video Conferencing market in term of value?

The key players in the global Video Conferencing market in terms of value include Microsoft (US), Zoom (US), Cisco (US), Adobe (US), Huawei (China), Google(US), Kaltura (US), BlueJeans Network (US), Kollective Technology (US), StarLeaf(UK), HighFive (US), Logitech(Switzerland), Barco(Belgium), Avaya (US), AWS (US), Poly (US), LogMeIn (US), Enghouse Systems (Canada), Pexip (Norway), Qumu (US), Sonic Foundry (US), Lifesize (US), Fuze (US), Haivision (Canada)and Premium Global Services (US). These key players are concentrating on new product developments as well as technological innovation to enhance their production in Video Conferencing to gain competitive market share at a global level. For instance, in January 2021, Microsoft collaborated with SAP to provide new connectors between Microsoft Teams and SAP solutions such as SAP S/4HANA, SAP SuccessFactors, and SAP Customer Experience. On the other hand, in September 2020, Zoom Video Communications, Inc. and Lumen Technologies, Inc. collaborated to integrate Zoom into Lumen’s unified communications and collaboration platform. Using Zoom’s video-first unified communications technology, Lumen will be able to provide expanded video communications services to its increasing global customer base.

Who are the Top 10 Countries in the Video Conferencing Market?

In the global Video Conferencing market, the major countries are US, Canada, China, Japan, Australia, Germany, France, Italy, Spain, and UK. The largest market share is in United States. The video conferencing market in the United States is expected to increase at a significant rate, owing to the increasing usage of cloud-based solutions. With the surge in video conference meetings, various video conferencing businesses, including Google LLC, Microsoft Corporation, and Zoom Video Communications Inc., have created technologically advanced cloud-based videoconferencing solutions to produce a more user-friendly application. Users can download the programme on numerous platforms, such as smartphones, Training and Developments, and Marketing and client engagements, boosting market income. According to a survey performed in June 2021, 70% of businesses intend to employ hybrid operations. Several organisations, including Spotify, Adobe, Twitter, and Salesforce, have adopted the strategy. Furthermore, according to Microsoft’s Work Trend Index 2021, 66 % decision-makers in the United States are thinking about changing physical workspaces to match the needs of hybrid workplaces. Market players’ initiatives are driving revenue growth in the market in the United States. For instance, in September 2021, Zoom Video Communications, Inc. joined the AWS Partner Network (APN) for Public Sector Partners and is scheduled to offer its Zoom for Government solutions to Amazon Web Services’ public sector partners through the AWS Marketplace. Zoom Meetings and Chat, Zoom Rooms, and Zoom Video Webinars will be offered to AWS’ federal, state, and local government customers via AWS Marketplace, which is housed on AWS GovCloud infrastructure and co-located data centres in the United States.

Which is the Key deployment mode segment in the Video Conferencing Market?

The on-premise category dominated the market in terms of deployment. This is mostly due to the increased acceptance of this deployment approach across large enterprises in response to growing data security concerns. However, the increased preference for cloud technology is projected to impede segment growth in the future years. However, the cloud deployment segment is expected to grow at a rapid pace. Cloud technology improves accessibility by providing easy access to video conferencing services via many channels, such as mobile devices and Marketing and client engagement computers. Furthermore, the growing adoption of the Software as a Service (SaaS) platform, which has attracted a large number of small and medium-sized businesses, is driving category growth. According to AmazonWeb Services, Inc., SME’s will drive their cloud business in India in 2022.

What are the Major Driving Factors for Video Conferencing Market?

The rising trend of remote working, geographically dispersed corporate activities, and increased globalisation are the primary reasons driving growth. Furthermore, rising demand for video conferencing solutions in the education and healthcare sectors is driving market growth. The sector has gained tremendous traction in recent years, particularly during the COVID-19 epidemic following lockdown limitations, as a result of the rapid surge in the usage of video conferencing market. Furthermore, the introduction of conferencing platforms based on machine learning and artificial intelligence (AI) is providing the industry with promising growth opportunities. The growing demand for video conferencing to support offshore operations and a work-from-home culture, as well as the growing demand for better engagement than phone conferencing, are all expected to fuel revenue growth in the global video conferencing market.

What are the major market restraints for video conferencing?

The lack of experience with online meeting technology is likely to impede market revenue growth. Environmental changes, as well as software, hardware, and network issues, can disrupt remote connections. In the event of a service disruption, the lack of technical help may pose a difficulty. Furthermore, issues such as enhanced self-consciousness regarding appearance, gaze awareness, and transmission delays, which are likely to stymie market revenue growth during the projection period, might stymie productivity and generate anxiety in employees while video-conferencing.

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Which Region Dominated the World Video Conferencing Market?

In 2021, North America dominates the Video Conferencing market over the forecast period. The market’s rapid revenue growth rate can be ascribed to the increasing presence of a large number of enterprises and the growing adoption of work from culture. Factors such as the expanding work-from-home lifestyle and rising demand for high-speed video communication devices are driving the growth of the video conferencing market. Video conferencing increases productivity, saves time, lowers travel costs, and fosters overall collaboration in this region. Furthermore, the presence of prominent market competitors such as LifeSize Communications, Inc., Microsoft Corporation, Adobe, Inc., Cisco Systems, Inc., and Zoom Video Communications, Inc., among others, is likely to fuel the region’s market revenue growth.

These factors are projected to boost video conferencing adoption in the region. Moreover, several private organisations are investing in the development of video conferencing platforms to improve team collaboration and customer satisfaction, which is likely to fuel market revenue growth. For instance, in October 2021, 100ms, a video infrastructure platform, raised USD 4.50 billion in seed capital led by Accel and Strive.vc. Companies can integrate Zoom-style video conferencing to their products in hours thanks to 100ms. The startup was formed by the same team that built the live video infrastructure that powers billions of video minutes every day at Facebook and Disney.

Asia Pacific is expected to have the highest growth rate because of the region’s strong presence of industries such as BFSI, healthcare, and IT, among others. Increased government initiatives and funding for research and development of new made-in-country video conferencing software will boost video conferencing demand. The Ministry of Electronics and Information Technology of India announced on 20 August 2020 that it will fund USD 128,932 (INR 1 crore) in the first year and USD 12,894.08 (INR 10 lakh) over the next three years for the creation and maintenance costs of a country-made videoconferencing programme to compete with Zoom video meeting application.

Segmentation of Global Video Conferencing Market-

Global Video Conferencing Market – By Deployment mode

  • Hardware
  • Solution
  • Services

Global Video Conferencing Market – By Hardware

  • Multi point Control Unit
  • Hard Codec
  • Peripheral Devices

Global Video Conferencing Market – By Deployment mode

  • On-premises
  • Cloud

Global Video Conferencing Market – By Application

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

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Video Conferencing Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Video Conferencing Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Deployment mode
3.3.2. Application
3.3.3. Component
3.3.4. Indicator
3.3.5. Hardware
3.3.6. Power Range
3.3.7. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Deployment modes
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Video Conferencing Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Video Conferencing Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. On-premises
6.2.3. Cloud
6.3. North America Video Conferencing Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Corporate Communications
6.3.3. Training and Development
6.3.4. Marketing and client engagement
6.3.5. Others
6.4. North America Video Conferencing Market, by Component, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Hardware
6.4.3. Solutions
6.4.4. Services
6.5. North America Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
6.5.1. Overview
6.5.2. Multi point Control Unit
6.5.3. Hard Codec
6.5.4. Peripheral Devices

7. Europe
7.1. Europe Video Conferencing Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. On-premises
7.2.3. Cloud
7.3. Europe Video Conferencing Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Corporate Communications
7.3.3. Training and Development
7.3.4. Marketing and client engagement
7.3.5. Others
7.4. Europe Video Conferencing Market, by Component, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Hardware
7.4.3. Solutions
7.4.4. Services
7.5. Europe Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
7.5.1. Overview
7.5.2. Multi point Control Unit
7.5.3. Hard Codec
7.5.4. Peripheral Devices

8. Asia Pacific
8.1. Asia Pacific Video Conferencing Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. On-premises
8.2.3. Cloud
8.3. Asia Pacific Video Conferencing Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Corporate Communications
8.3.3. Training and Development
8.3.4. Marketing and client engagement
8.3.5. Others
8.4. Asia Pacific Video Conferencing Market, by Component, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. Hardware
8.4.3. Solutions
8.4.4. Services
8.5. Asia Pacific Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
8.5.1. Overview
8.5.2. Multi point Control Unit
8.5.3. Hard Codec
8.5.4. Peripheral Devices

9. Latin America
9.1. Latin America Video Conferencing Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. On-premises
9.2.3. Cloud
9.3. Latin America Video Conferencing Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Corporate Communications
9.3.3. Training and Development
9.3.4. Marketing and client engagement
9.3.5. Others
9.4. Latin America Video Conferencing Market, by Component, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. Hardware
9.4.3. Solutions
9.4.4. Services
9.5. Latin America Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
9.5.1. Overview
9.5.2. Multi point Control Unit
9.5.3. Hard Codec
9.5.4. Peripheral Devices

10. Middle East
10.1. Middle East Video Conferencing Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. On-premises
10.2.3. Cloud
10.3. Middle East Video Conferencing Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Corporate Communications
10.3.3. Training and Development
10.3.4. Marketing and client engagement
10.3.5. Others
10.4. Middle East Video Conferencing Market, by Component, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. Hardware
10.4.3. Solutions
10.4.4. Services
10.5. Middle East Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
10.5.1. Overview
10.5.2. Multi point Control Unit
10.5.3. Hard Codec
10.5.4. Peripheral Devices

11. Africa
11.1. Africa Video Conferencing Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. On-premises
11.2.3. Cloud
11.3. Africa Video Conferencing Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Corporate Communications
11.3.3. Training and Development
11.3.4. Marketing and client engagement
11.3.5. Others
11.4. Africa Video Conferencing Market, by Component, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. Hardware
11.4.3. Solutions
11.4.4. Services
11.5. Africa Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
11.5.1. Overview
11.5.2. Multi point Control Unit
11.5.3. Hard Codec
11.5.4. Peripheral Devices

12. Global
12.1. Global Video Conferencing Market, by Deployment mode, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. On-premises
12.1.3. Cloud
12.2. Global Video Conferencing Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Corporate Communications
12.2.3. Training and Development
12.2.4. Marketing and client engagement
12.2.5. Others
12.3. Global Video Conferencing Market, by Component, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Hardware
12.3.3. Solutions
12.3.4. Services
12.4. Global Video Conferencing Market, by Hardware, 2016-2028(US$ Bn)
12.4.1. Overview
12.4.2. Multi point Control Unit
12.4.3. Hard Codec
12.4.4. Peripheral Devices

13. Company Profiles
13.1. Google LLC
13.2. Microsoft Corporation
13.3. Zoom Video Communications Inc.
13.4. Avaya, Inc.
13.5. Cisco Systems, Inc.
13.6. Huawei Technologies Co., Ltd.
13.7. Logitech International S.A.
13.8. Polycom Inc.
13.9. Aver Information Inc.
13.10. Blue Jeans Netwrk Inc.
13.11. Others

List of Figures

FIG. 1 Global Video Conferencing Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Video Conferencing Market Segmentation
FIG. 4 Global Video Conferencing Market, by Deployment mode, 2019 (US$ Bn)
FIG. 5 Global Video Conferencing Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Video Conferencing Market, by Component, 2019 (US$ Bn)
FIG. 7 Global Video Conferencing Market, by Hardware, 2019 (US$ Bn)
FIG. 8 Global Video Conferencing Market, by Geography, 2021 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Positioning of Key Video Conferencing Market Manufacturers, 2019
FIG. 11 Global Video Conferencing Market Value Contribution, By Deployment mode, 2021 & 2028 (Value %)
FIG. 12 Global Video Conferencing Market, by On-premises, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Video Conferencing Market, by Cloud, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Video Conferencing Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 15 Global Video Conferencing Market, by Corporate Communications, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Video Conferencing Market, by Training and Development, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Video Conferencing Market, by Marketing and client engagement, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Video Conferencing Market Value Contribution, By Component, 2021 & 2028 (Value %)
FIG. 19 Global Video Conferencing Market, by Hardware, 2016-2028 (US$ Bn)
FIG. 20 Global Video Conferencing Market, by Solution, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Video Conferencing Market, by Hardware, Value, 2016-2028 (US$ Bn)
FIG. 22 Global Video Conferencing Market Value Contribution, By Hardware, 2021 & 2028 (Value %)
FIG. 23 Global Video Conferencing Market, by Multi point Control Unit, 2016-2028 (US$ Bn)
FIG. 24 Global Video Conferencing Market, by Hard Codec, 2016-2028 (US$ Bn)
FIG. 25 Global Video Conferencing Market, by Peripheral Devices, 2016-2028 (US$ Bn)
FIG. 26 U.S. Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 27 Rest of North America Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 28 U.K. Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 29 Germany Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 30 France Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 31 Italy Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 32 Spain Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 33 Russia Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 34 BENELUX Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 35 Poland Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 36 Austria Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Europe Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 38 Japan Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 39 China Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 40 India Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 41 South Korea Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 42 Australia Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 43 Southeast Asia Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 44 Rest of Asia Pacific Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 45 Middle East & Africa Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 46 South Africa Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 47 Nigeria Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 48 Egypt Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 49 GCC Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 50 Israel Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 51 Latin America Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 52 Mechanicalzil Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 53 Argentina Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 54 Colombia Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 55 Peru Video Conferencing Market, 2016-2028 (US$ Bn)
FIG. 56 Chile Video Conferencing Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Video Conferencing Market
TABLE 2 Global Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 3 Global Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 4 Global Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 5 Global Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 6 Global Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 7 Global Video Conferencing Market, by Geography, 2016-2028 (US$ Bn)
TABLE 8 North America Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 9 North America Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 North America Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 11 North America Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 12 North America Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 13 North America Video Conferencing Market, by Country, 2016-2028 (US$ Bn)
TABLE 14 Europe Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 15 Europe Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Europe Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 17 Europe Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 18 Europe Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 19 Europe Video Conferencing Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Asia Pacific Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 21 Asia Pacific Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 Asia Pacific Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 23 Asia Pacific Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 24 Asia Pacific Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 25 Asia Pacific Video Conferencing Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 26 Latin America Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 27 Latin America Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 28 Latin America Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 29 Latin America Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 30 Latin America Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 31 Latin America Video Conferencing Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 32 Middle East Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 33 Middle East Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 34 Middle East Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 35 Middle East Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 36 Middle East Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 37 Middle East Video Conferencing Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 38 Africa Video Conferencing Market, by Deployment mode, 2016-2028 (US$ Bn)
TABLE 39 Africa Video Conferencing Market, by Application, 2016-2028 (US$ Bn)
TABLE 40 Africa Video Conferencing Market, by Component, 2016-2028 (US$ Bn)
TABLE 41 Africa Video Conferencing Market, by Consumer, 2016-2028 (US$ Bn)
TABLE 42 Africa Video Conferencing Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 43 Africa Video Conferencing Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How does COVID-19 Impact the global Video Conferencing market?

The global Video Conferencing market is expected to be affected positively by COVID-19.

Which is the leading market for Video Conferencing?

North America accounted for the highest share in the global Video Conferencing market in terms of value.

What are the key drivers for the growth of the Video Conferencing market?

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.

Which is the major Deployment mode segment in Video Conferencing Market by drugs by route of administration?

Hardware segment had a major share in 2021 with more than 40% of the market revenue share.

Which is the major deployment mode segment in Video Conferencing Market by molecule Deployment mode?

On-premise segment had a major share in 2021 with more than 60% of the market revenue share.

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