Web Real-Time Communication Market By Type (Solution, Service), By Service (Consulting, Implementation, Integration, Support), By Application (Social Networking, Gaming, Voice Calling, Video Conferencing, Others), By End-User Vertical (BFSI, Public Sector, Healthcare, Transportation, Manufacturing, Media & Entertainment, It & Telecom, Energy & Utility, Retail) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2023

Growing focus of enterprise to enhance overall customer interaction experience is one of major drivers boosting growth of the WebRTC market. Also, widening application area of WebRTC solutions in BFSI and public sectors is driving the adoption of WebRTC enabled solutions and services. Further, increasing demand for real-time communication and increasing number of social networking and internet users is expected to support growth of the WebRTC market over the forecast period. However, lack of awareness among end-users regarding the benefits of WebRTC solutions and services is hampering growth of the market. Additionally, inefficient network infrastructure in developing regions is impeding adoption of the WebRTC solutions and services.

Web Real-Time Communication Market

Report Scope

This report analyzes the global WebRTC market in terms of type, service, application, end-user vertical, and geography. The global WebRTC market has been segmented based on type into solution and service. On the basis of service, the global WebRTC market is segmented into consulting, implementation, integration and support. Based on application, the market is bifurcated into social networking, gaming, voice calling, video conferencing, and others. The end-user segment includes BFSI, public sector, healthcare, transportation, manufacturing, media & entertainment, IT & telecom, energy & utility, and retail. The global WebRTC market covers major geographies such as North America, Europe, Asia Pacific, and Rest of World.

Web Real-Time Communication Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global WebRTC Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global WebRTC market.

Target Audience

  • Industry Investors
  • WebRTC Solution Providers
  • WebRTC Service Providers

USP and Key Offerings

The report titled “Global WebRTC Market- Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global WebRTC market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, solution, end-user, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading WebRTC vendors, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the WebRTC market
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Ecosystem Analysis
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global WebRTC market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above mentioned factors.

On the basis of application, the global WebRTC market is categorized into following segments:

  • Social Networking
  • Gaming
  • Voice Calling
  • Video Conferencing
  • Others

Their contribution to the global WebRTC market in 2015 and 2023 is as shown in the figure below.

Web Real-Time Communication Market

Among application segments, video conferencing segment is projected to hold a major chunk of overall WebRTC market revenue share over the forecast period. In 2015, the segment accounted for over 40% of the overall market share. Rising deployment of WebRTC solutions by contact centers in major end-user segments is boosting growth of the market. However, the social networking is expected to emerge as a one of the fastest growing segment due to increasing penetration of internet across the globe.

On the basis of geography, the global WebRTC market is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • United Kingdom
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global WebRTC market in 2015 and 2023 is as shown in the figure below:-

Web Real-Time Communication Market

In 2015, North America dominated the global WebRTC market in terms of revenue generation. The region accounted for over 35% market share in the same year. This is mainly driven by rising demand for cost-effective browser-based communication solutions by contact centers in BFSI and retail sectors. Europe and Latin America collectively accounted for over 30% share of overall WebRTC in 2015. However, the WebRTC market in Asia Pacific is projected to expand at the highest CAGR of over the forecast period, 2016 – 2023. This growth is mainly attributed to increasing number of social media and Internet users in the region.

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Published Date:  Jan 2017
Category:  Technology & Media
Report ID:   58320
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
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