Global Online Corporate Meeting Services Market 2026, 40% of growth will originate from North America - Technavio
NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The online corporate meeting services market size is expected to grow by USD 5.58 billion during the forecast period. The expansion of MNCs and implementation of cloud-based corporate meeting services is one of the major factors propelling market growth.
However, factors such as the presence of offline meetings as an alternative, security constraints, and interoperability issues among disparate unified communications & collaboration (UC&C) solutions will hamper the market growth. Request Free Sample Report.
Online Corporate Meeting Services Market Geographic Landscape
North America will account for 40% of market growth. The main markets in North America for online corporate meeting services are the US and Canada. The market in this area will expand, although more slowly than the market in APAC. Over the course of the projected period, a solid corporate structure will support the expansion of the North American market for online corporate meeting services.
Online Corporate Meeting Services Market Segmentation
The corporate video conferencing services segment will significantly increase its market share in online corporate meeting services. The benefit of video conferencing is that in addition to hearing other people's words, you can also see their faces and their reactions. It can enable real-time collaboration, boost productivity, and save time, among other advantages.
Customers have access to desktop video conferencing, events, and presentations that are entirely video-based, as well as room-based video conferencing equipment and integrated tools. During the projected period, these advantages will fuel the expansion of the online corporate meeting services market. Buy Sample Report.
Online Corporate Meeting Services Market Vendors
Global Online Corporate Meeting Services Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
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