Global Market Outlook and Forecasts for the Web Conferencing Sector 2020-2027 and the Impact of COVID-19
DUBLIN, Sept. 2, 2020 /PRNewswire/ -- The "Web Conferencing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis and the looming economic recession, the Web Conferencing market worldwide will grow by a projected US$3.8 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 8.5%. On-Premise, one of the segments analyzed and sized in this study, is forecast to grow at over 7.7% and reach a market size of US$1.9 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The On-Premise market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Web Conferencing market landscape.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Competitors identified in this market include, among others,
Key Topics Covered:
2. FOCUS ON SELECT PLAYERS
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