Online corporate meeting services market size to grow by USD 5.58 billion from 2021 to 2026, Growth from corporate video conferencing services segment will be significant - Technavio

NEW YORK, March 7, 2023 /PRNewswire/ -- According to Technavio, the global online corporate meeting services market size is estimated to grow by USD 5.58 billion from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 14.78%. The corporate video conferencing services segment will account for a significant share of the online corporate meeting services market growth during the forecast period. For more insights on the market - Request a sample report

Online corporate meeting services market - Segmentation assessment
Segment overview
Technavio has segmented the market based on application (corporate video conferencing services and corporate web conferencing services). 

• Video conferencing has various benefits, such as enabling real-time collaboration, increasing productivity, and saving time. Vendors like Cisco Systems, Inc. provide highly secure, convenient video conferencing from any device or environment. The services create a better overall user experience to chat, call, and collaborate online. These benefits will drive the growth of the online corporate meeting services segment during the forecast period.

Geography Overview
Based on geography, the global online corporate meeting services market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global online corporate meeting services market.

• North America will account for 40% of the market's growth during the forecast period. The US and Canada are the key contributors to the growth of the online corporate meeting services market in the region. However, market growth in this region will be slower than the growth of the market in APAC. The presence of a strong corporate structure will drive the online corporate meeting services market growth in North America during the forecast period.

Insights on the market contribution of various segments - Download a sample report

What's New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - buy the report!

Online corporate meeting services market – Market dynamics
Key factor driving market growth

• The expansion of MNCs is driving the online corporate meeting services market growth.
• MNCs are outsourcing their administrative functions to emerging countries such as India for advantages such as cost reduction, risk management, improved management control, compliance, and business expansion.
• Colombia is also a lucrative destination for foreign investment and business expansion.
• Mexico, due to its proximity to the US, is an emerging destination for corporate services.
• Such factors will create new growth opportunities for vendors in the online corporate meeting services market during the forecast period.

Leading trends influencing the market 

• The increasing adoption of virtual meeting apps is a key trend in the market.
• With the use of video calls and meetings, businesses can gain benefits such as high productivity, shorter meetings, faster decision-making, and cost savings.
• Vendors are updating their apps to launch services for customers.
• For instance, in October 2021, Cisco Systems, Inc. announced its next-generation hybrid work collaboration product.
• Therefore, the rising adoption of virtual meeting apps will increase the number of customers procuring such services during the forecast period.

Major challenges hindering the market growth

• Offline meetings are challenging the online corporate meeting services market growth.
• Offline meetings enable people to share information and solve problems easily.
• Board meetings, seminars, product launch meetings, training seminars, meetings with suppliers, clients, and other corporate meetings are some examples of offline meetings.
• Such meetings can lower work pressure, which increases employee productivity.
• These factors may challenge the online corporate meeting services market growth during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this online corporate meeting services market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the online corporate meeting services market between 2022 and 2026
• Precise estimation of the size of the online corporate meeting services market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the online corporate meeting services market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of online corporate meeting services market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Corporate video conferencing services - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Corporate video conferencing services - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Corporate video conferencing services - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Corporate video conferencing services - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Corporate video conferencing services - Year-over-year growth 2021-2026 (%)

• 5.4 Corporate web conferencing services - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Corporate web conferencing services - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Corporate web conferencing services - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Corporate web conferencing services - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Corporate web conferencing services - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application 
• Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 India - Market size and forecast 2021-2026
• Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 8x8 Inc. 
• Exhibit 93: 8x8 Inc. - Overview
• Exhibit 94: 8x8 Inc. - Product / Service
• Exhibit 95: 8x8 Inc. - Key offerings

• 10.4 Adobe Inc. 
• Exhibit 96: Adobe Inc. - Overview
• Exhibit 97: Adobe Inc. - Business segments
• Exhibit 98: Adobe Inc. - Key news
• Exhibit 99: Adobe Inc. - Key offerings
• Exhibit 100: Adobe Inc. - Segment focus

• 10.5 Alphabet Inc. 
• Exhibit 101: Alphabet Inc. - Overview
• Exhibit 102: Alphabet Inc. - Business segments
• Exhibit 103: Alphabet Inc. - Key news
• Exhibit 104: Alphabet Inc. - Key offerings
• Exhibit 105: Alphabet Inc. - Segment focus

• 10.6 AT and T Inc. 
• Exhibit 106: AT and T Inc. - Overview
• Exhibit 107: AT and T Inc. - Business segments
• Exhibit 108: AT and T Inc. - Key offerings
• Exhibit 109: AT and T Inc. - Segment focus

• 10.7 Avaya Holdings Corp. 
• Exhibit 110: Avaya Holdings Corp. - Overview
• Exhibit 111: Avaya Holdings Corp. - Business segments
• Exhibit 112: Avaya Holdings Corp. - Key offerings
• Exhibit 113: Avaya Holdings Corp. - Segment focus

• 10.8 Cisco Systems Inc. 
• Exhibit 114: Cisco Systems Inc. - Overview
• Exhibit 115: Cisco Systems Inc. - Business segments
• Exhibit 116: Cisco Systems Inc. - Key news
• Exhibit 117: Cisco Systems Inc. - Key offerings
• Exhibit 118: Cisco Systems Inc. - Segment focus

• 10.9 Microsoft Corp. 
• Exhibit 119: Microsoft Corp. - Overview
• Exhibit 120: Microsoft Corp. - Business segments
• Exhibit 121: Microsoft Corp. - Key news
• Exhibit 122: Microsoft Corp. - Key offerings
• Exhibit 123: Microsoft Corp. - Segment focus

• 10.10 Verizon Communications Inc. 
• Exhibit 124: Verizon Communications Inc. - Overview
• Exhibit 125: Verizon Communications Inc. - Business segments
• Exhibit 126: Verizon Communications Inc. - Key offerings
• Exhibit 127: Verizon Communications Inc. - Segment focus

• 10.11 Zoho Corp. Pvt. Ltd. 
• Exhibit 128: Zoho Corp. Pvt. Ltd. - Overview
• Exhibit 129: Zoho Corp. Pvt. Ltd. - Product / Service
• Exhibit 130: Zoho Corp. Pvt. Ltd. - Key offerings

• 10.12 Zoom Video Communications Inc. 
• Exhibit 131: Zoom Video Communications Inc. - Overview
• Exhibit 132: Zoom Video Communications Inc. - Product / Service
• Exhibit 133: Zoom Video Communications Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 134: Inclusions checklist
• Exhibit 135: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 136: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 137: Research methodology
• Exhibit 138: Validation techniques employed for market sizing
• Exhibit 139: Information sources

• 11.5 List of abbreviations 
• Exhibit 140: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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