Web Real Time Communication (webRTC) Market size is to grow by USD 66,579.72 million from 2022 to 2027 | Historical and current forecast analysis research report- Technavio

NEW YORK, July 14, 2023 /PRNewswire/ -- The web real time communication (webRTC) market is to grow by USD 66,579.72 million from 2022 to 2027, at a CAGR of 48.89%, according to the latest research report from Technavio. Discover Application Software industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!

The web real time communication (webRTC) market covers the following areas:

• Web Real Time Communication (webRTC) Market Sizing
• Web Real Time Communication (webRTC) Market Forecast
• Web Real Time Communication (webRTC) Market Analysis

Vendor Landscape

The web real time communication (webRTC) market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

• ALE International - The company offers web real time communication solutions such as the ALE Rainbow platform.
• Alphabet Inc. - The company offers web real time communication solutions such as Google Chrome, under the brand, Google Inc.
• Anthology Inc. - The company offers web real time communication solutions under the brand, Blackboard Inc.

For market's vendor landscape highlights with a comprehensive list of vendors and their offerings - View Sample in a minutes

Key Market Segmentation

This webRTC Market report extensively covers market segmentation by application (video, voice, and data sharing), platform (mobile, browser, and UC), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

• The market share growth by the video segment will be significant during the forecast period. WebRTC solutions enable users to engage in video conferencing through instant streaming feeds without the need to download additional software or plugins. This technology offers reliable and high-quality video conferencing capabilities, and it is commonly utilized for integrated video calls on web or mobile applications. Unlike separate applications like Skype and FaceTime, WebRTC operates as an extension of the browser, leveraging the browser as the video conferencing endpoint. WebRTC video conferencing relies on three HTML APIs (getUserMedia, RTCPeerConnection, and RTCDataChannel) that are integrated into the browser, allowing for video and audio capture, user identification, and streaming data transmission to other browsers. WebRTC technology is open-source and ensures encrypted transmission of video conferencing data through a standardized protocol called Datagram Transport Layer Security (DTLS). This protocol is supported by browsers that are compatible with WebRTC. WebRTC video conferencing solutions offer superior, secure, and cost-effective video conferencing facilities compared to alternative options available in the market. These advantages will drive the growth of the segment in the forecast period.

View Sample Report in minutes of this report for more highlights into the market segments.

Regional Market Outlook

North America is estimated to account for 35% of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America, including countries like the US and Canada, has a highly developed market and a population with high disposable income, driving the demand for video and voice conferencing solutions for both personal and business purposes. Small and medium-sized organizations in the region are particularly focused on digitalization and leveraging conferencing technology for product promotions. Web application vendors in North America utilize WebRTC to create cost-effective and platform-independent solutions. Compared to other regions, there is widespread adoption of WebRTC among small and medium-sized enterprises in North America.

For more key highlights on the regional market share of most of the above-mentioned countries.- View Sample Report

Companies Mentioned

• ALE International
• Alphabet Inc.
• Anthology Inc.
• Apple Inc.
• AT and T Inc.
• CafeX Communications Inc.
• Cisco Systems Inc.
• Enghouse Systems Ltd.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Microsoft Corp.
• Mitel Networks Corp.
• Oracle Corp.
• Plivo Inc.
• Quobis Networks SLU
• Ribbon Communications Inc.
• Sangoma Technologies Corp.
• Telefonaktiebolaget LM Ericsson
• Twilio Inc.
• Avaya Inc.

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! 

Key Web Real Time Communication (webRTC) Market Driver- The growing popularity of video and audio conferencing is a major factor notably driving the web real time communication (webRTC) market growth. Voice and video conferencing play a crucial role in enhancing communication and collaboration between businesses and their employees, partners, and customers. The technology behind video and voice conferencing has significantly advanced over time and is now accessible to a wide range of users. WebRTC, an open-source platform, facilitates peer-to-peer connections for voice and video conferencing, allowing applications to access audio, video, and other data streams. With WebRTC, clients can utilize microphones and webcams to connect and interact through a peer-to-peer data channel. The demand for video and voice conferencing is on the rise, with over 70% of B2C marketers and 90% of B2B marketers utilizing videos for marketing purposes. This increasing demand for video and voice conferencing is expected to drive the growth of the Web Real-Time Communication Market during the forecast period.

Significant Web Real Time Communication (webRTC) Market Trends- Increasing adoption of BYOD is an emerging trend sharing the market growth. 

Major Challenge- The lack of high-end video conferencing features is the major factor hindering the web real time communication market growth.

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Key Topics Covered:

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 Market Segmentation by Platform
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global web real time communication (webRTC) market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global web real time communication (webRTC) market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Platform Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Video - Market size and forecast 2022-2027
• Exhibit 34: Chart on Video - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Video - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Video - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Video - Year-over-year growth 2022-2027 (%)

• 6.4 Voice - Market size and forecast 2022-2027
• Exhibit 38: Chart on Voice - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Voice - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Voice - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Voice - Year-over-year growth 2022-2027 (%)

• 6.5 Data sharing - Market size and forecast 2022-2027
• Exhibit 42: Chart on Data sharing - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Data sharing - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Data sharing - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Data sharing - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• Exhibit 46: Market opportunity by Application ($ million)
• Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Platform

• 7.1 Market segments 
• Exhibit 48: Chart on Platform - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Platform - Market share 2022-2027 (%)

• 7.2 Comparison by Platform 
• Exhibit 50: Chart on Comparison by Platform
• Exhibit 51: Data Table on Comparison by Platform

• 7.3 Mobile - Market size and forecast 2022-2027
• Exhibit 52: Chart on Mobile - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Mobile - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Mobile - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Mobile - Year-over-year growth 2022-2027 (%)

• 7.4 Browser - Market size and forecast 2022-2027
• Exhibit 56: Chart on Browser - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Browser - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Browser - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Browser - Year-over-year growth 2022-2027 (%)

• 7.5 UC - Market size and forecast 2022-2027
• Exhibit 60: Chart on UC - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on UC - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on UC - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on UC - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Platform 
• Exhibit 64: Market opportunity by Platform ($ million)
• Exhibit 65: Data Table on Market opportunity by Platform ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 ALE International 
• Exhibit 119: ALE International - Overview
• Exhibit 120: ALE International - Product / Service
• Exhibit 121: ALE International - Key offerings

• 12.4 Alphabet Inc. 
• Exhibit 122: Alphabet Inc. - Overview
• Exhibit 123: Alphabet Inc. - Business segments
• Exhibit 124: Alphabet Inc. - Key news
• Exhibit 125: Alphabet Inc. - Key offerings
• Exhibit 126: Alphabet Inc. - Segment focus

• 12.5 Anthology Inc. 
• Exhibit 127: Anthology Inc. - Overview
• Exhibit 128: Anthology Inc. - Product / Service
• Exhibit 129: Anthology Inc. - Key offerings

• 12.6 Apple Inc. 
• Exhibit 130: Apple Inc. - Overview
• Exhibit 131: Apple Inc. - Business segments
• Exhibit 132: Apple Inc. - Key news
• Exhibit 133: Apple Inc. - Key offerings
• Exhibit 134: Apple Inc. - Segment focus

• 12.7 AT and T Inc. 
• Exhibit 135: AT and T Inc. - Overview
• Exhibit 136: AT and T Inc. - Business segments
• Exhibit 137: AT and T Inc. - Key news
• Exhibit 138: AT and T Inc. - Key offerings
• Exhibit 139: AT and T Inc. - Segment focus

• 12.8 Avaya Inc. 
• Exhibit 140: Avaya Inc. - Overview
• Exhibit 141: Avaya Inc. - Business segments
• Exhibit 142: Avaya Inc. - Key offerings
• Exhibit 143: Avaya Inc. - Segment focus

• 12.9 CafeX Communications Inc. 
• Exhibit 144: CafeX Communications Inc. - Overview
• Exhibit 145: CafeX Communications Inc. - Product / Service
• Exhibit 146: CafeX Communications Inc. - Key offerings

• 12.10 Cisco Systems Inc. 
• Exhibit 147: Cisco Systems Inc. - Overview
• Exhibit 148: Cisco Systems Inc. - Business segments
• Exhibit 149: Cisco Systems Inc. - Key news
• Exhibit 150: Cisco Systems Inc. - Key offerings
• Exhibit 151: Cisco Systems Inc. - Segment focus

• 12.11 Enghouse Systems Ltd. 
• Exhibit 152: Enghouse Systems Ltd. - Overview
• Exhibit 153: Enghouse Systems Ltd. - Business segments
• Exhibit 154: Enghouse Systems Ltd. - Key offerings
• Exhibit 155: Enghouse Systems Ltd. - Segment focus

• 12.12 International Business Machines Corp.
• Exhibit 156: International Business Machines Corp. - Overview
• Exhibit 157: International Business Machines Corp. - Business segments
• Exhibit 158: International Business Machines Corp. - Key news
• Exhibit 159: International Business Machines Corp. - Key offerings
• Exhibit 160: International Business Machines Corp. - Segment focus

• 12.13 Microsoft Corp. 
• Exhibit 161: Microsoft Corp. - Overview
• Exhibit 162: Microsoft Corp. - Business segments
• Exhibit 163: Microsoft Corp. - Key news
• Exhibit 164: Microsoft Corp. - Key offerings
• Exhibit 165: Microsoft Corp. - Segment focus

• 12.14 Mitel Networks Corp. 
• Exhibit 166: Mitel Networks Corp. - Overview
• Exhibit 167: Mitel Networks Corp. - Product / Service
• Exhibit 168: Mitel Networks Corp. - Key offerings

• 12.15 Ribbon Communications Inc. 
• Exhibit 169: Ribbon Communications Inc. - Overview
• Exhibit 170: Ribbon Communications Inc. - Business segments
• Exhibit 171: Ribbon Communications Inc. - Key offerings
• Exhibit 172: Ribbon Communications Inc. - Segment focus

• 12.16 Sangoma Technologies Corp. 
• Exhibit 173: Sangoma Technologies Corp. - Overview
• Exhibit 174: Sangoma Technologies Corp. - Product / Service
• Exhibit 175: Sangoma Technologies Corp. - Key offerings

• 12.17 Telefonaktiebolaget LM Ericsson 
• Exhibit 176: Telefonaktiebolaget LM Ericsson - Overview
• Exhibit 177: Telefonaktiebolaget LM Ericsson - Business segments
• Exhibit 178: Telefonaktiebolaget LM Ericsson - Key news
• Exhibit 179: Telefonaktiebolaget LM Ericsson - Key offerings
• Exhibit 180: Telefonaktiebolaget LM Ericsson - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

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