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Global Video Conferencing Market : Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges by 2024
[May 20, 2019]

Global Video Conferencing Market : Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges by 2024

Our latest research report entitled Video Conferencing Market (by component (software, and hardware), end-use industry (government, corporate enterprise, education, media and entertainment, healthcare, and others)) provides complete and deep insights into the market dynamics and growth of video conferencing. Latest information on market risks, industry chain structure video conferencing cost structure and opportunities are offered in this report.

The past, present and forecast market information will lead to investment feasibility by studying the essential video conferencing growth factors.The forecast video conferencing market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, video conferencing on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report, the global video conferencing market is projected to grow at a CAGR of 8.45% over the forecast period of 2018-2024.

Ask for Sample Copy of Research Report with Table of Content @ A video conference is a live connection by using telecommunication technologies between two or more people residing in separate locations for the purpose of communication. Video conferencing differs from videophone calls. In the business world, desktop video conferencing is an essential component of integrated communications applications and Web conferencing services, while cloud-based virtual meeting room services enable organizations to organize video conferencing with negligible infrastructure investment. Uses for video conferencing include negotiating business deals, holding routine meetings, and interviewing job candidates. The major benefits offered by video conferencing are reduced travel time and cost. People calling from different locations, define start and end-times for structured meetings. This allows a more intensive discussion with less chit-chat, and participants are more likely to stay alert and focused on what is discussed.Widespread adoption of smartphones and the introduction of 3G and 4G technologies across various locations drives the growth of the video conferencing market. Increasing adoption of cloud-based video conferencing has led to the implementation of better encryption and password protected solutions for cloud-based video conferencing systems.

This, in turn, is strengthening the growth of the video conferencing market. Moreover, growing inclination of a mobile rising trend and Bring Your Own Device (BYOD) has led to widespread adoption of cloud-based video conferencing services. The video conferencing service providers, such as ezTalks and Polycom are offering easily downloadable mobile applications that can transform mobile devices into video conferencing workstations. Furthermore, healthcare administrations have stretched the magnitude of healthcare services through accomplished video conferencing services and cloud-based video conferencing for distant patient observing and teleconsultation solutions. This, in turn, has created several growth opportunities for the key players in the video conferencing market.Among the geographies, North America dominated the video conferencing market. The growth in the North American region is due to the availability of highly sophisticated network infrastructure along with the local presence of global players such as Cisco and Polycom. Favorable government initiatives for modernizing ICT infrastructure and increasing adoption of cloud-based video conferencing solutions are driving the growth in the Asia Pacific regions. Moreover, Advanced ICT markets such as Japan, Australia, and South Korea are observing cumulative rollouts of different delivery models for UC services.

Market Segmentation by Component The report on global video conferencing market covers segments such as component, and end-use industry. On the basis of the component, the sub-markets include software and hardware. On the basis of end-user industry, the sub-markets include government, corporate enterprise, education, media & entertainment, healthcare, and others.

Competitive Landscape  The report provides profiles of the companies in the market such as ZTE Corporation, West Corporation, Vidyo, Inc., Polycom, Inc., Orange Business Services, Microsoft Corporation, Logitech, JOYCE R, S.R.O., Huawei Technologies Co., Ltd., and Cisco Systems, Inc.

Browse Detailed TOC, Description, and Companies Mentioned in Report @

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