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Video Conferencing Market : Recent Industry Trends, Current and Projected Industry Size by 2015 - 2023
1. Video Conferencing Market : Recent Industry Trends, Current
and Projected Industry Size by 2015 - 2023
Report Description
Video conferencing refers to conducting conferences using
telecommunication technologies to enable real-time two-way
transmission of audio and video. With increasing globalization, most
organizations are shifting toward conference meetings in order to
enable faster decisions and reduce traveling hassles. Additionally, in
order to extend their reach globally, organizations around the world are
2. increasingly focused on curtailing costs related to their means of
communication. This has created immense opportunities for the video
conferencing market, leading to the development of advanced
conferencing solutions. Due to the availability of cloud-based solutions,
which help organizations reduce their initial investment, the
penetration of video conferencing solutions is estimated to increase
substantially in the coming years.
The report titled “Video Conferencing Market (On-premise, Managed
and Cloud-based Video Conferencing) – Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2015 – 2023” aims to
provide a comprehensive strategic analysis of the global market
scenario along with the market size and growth forecast for the period
from 2013 to 2023. The key factors driving the growth of video
conferencing market are the increasing globalization of businesses
and rising costs of international operations. With increases in the cost
of managing and maintaining the global supply chain, the need for
efficient and cost-effective means of communication has increased.
Video conferencing is a viable solution for multinational organizations
3. to easily establish communication among headquarters and various
offices scattered around the globe. Another factor driving the growth of
the video conferencing market is the rise in applications of video
conferencing in the healthcare and education sectors. Healthcare
organizations are able to widen the reach of healthcare services
through managed video conferencing services and cloud-based video
conferencing solutions. Remote patient monitoring and tele-
consultation have been widely implemented across the world. In the
education sector, video conferencing has found numerous applications
in distance learning and web seminars. Educational institutes are able
to offer tutorial and training services to numerous students in different
parts of the world using video conferencing solutions.
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conferencing-market
This research study on the global video conferencing market offers a
detailed analysis of the various deployment models of video
conferencing solutions and aims to explain the driving forces behind
4. the rising demand for these models across different industries. The
report also provides an analysis of the various factors affecting the
market dynamics, such as market drivers, restraints, and growth
opportunities. These factors help analyze various trends that would
impact the market during the forecast period from 2015 to 2023. The
report includes a comprehensive coverage of underlying economic and
technological factors influencing the video conferencing market. The
market positioning analysis of key players in the video conferencing
market throws light on the prevalent competition in this market. The
section also elucidates different strategies adopted by various players
in the market along with recommendations.
Based on the deployment model, the video conferencing market is
segmented into on-premise video conferencing, managed video
conferencing services, and cloud-based video conferencing. Based on
factors such as budget, scalability, availability, and security, customers
identify a best-fit solution out of all the models in order to cater to their
requirements. Cost plays a crucial role in the decision-making process
for the installation of video conferencing solutions. Another factor that
5. plays a crucial role in the selection of deployment model for video
conferencing is security. Video conferencing solutions are deployed in
various industries: corporate enterprises, government and defense,
healthcare, education, manufacturing, retail, and media and
entertainment. Factors that relate to the growth of video conferencing
solutions in these industries have been identified in this report. The
study provides a comprehensive assessment of various end-use
industries and deployment models in the global video conferencing
market. The report aims to provide a comprehensive cross-sectional
analysis of the video conferencing market across geographies
including North America, Europe, Asia Pacific, Middle East & Africa
(MEA), and Latin America.
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The report concludes with the company profiles section, which
provides an overview of the major companies operating in the market,
including the strategies deployed by them to gain competitive
advantage, annual revenue generated by them in the past two years,
6. and key developments in the market. The companies profiled in this
report include Polycom, Inc., Avaya, Inc., Cisco Systems, Inc.,
Microsoft Corporation, Vidyo, Inc., Lifesize (Division of Logitech
International S.A.), ZTE Corporation, Huawei Technologies Co., Ltd.,
Adobe Systems, Inc., and InterCall (West Corporation).
Video Conferencing Market Segmentation:
Video Conferencing Market, by Deployment Type
• On-premise
• Managed
• Cloud-based
Video Conferencing Market, by End-use Industry
• Corporate Enterprise
• Healthcare
• Government & Defense
7. • Education
• Others (Manufacturing, Retail and Media & Entertainment)
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Video Conferencing Market, by Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa (MEA)
• Latin America
8. Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Video Conferencing Market (2014 and
2023)
2.2 Global Video Conferencing Market, 2013 – 2023, Revenue (US$
Bn) and Y-o-Y Growth (%)
2.3 Global Video Conferencing Market, by Deployment Type, 2014
(US$ Bn)
2.4 Global Video Conferencing Market, by End-use Industry, 2014
(US$ Bn)
2.5 Global Video Conferencing Market, by Geography, 2014 (US$ Bn)
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