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Web Real Time Communication (webRTC) Market to grow by USD 66.58 billion from 2022-2027, Increasing adoption of bring-your-own-device (BYOD) to be a major trend - TechnavioNEW YORK, Feb. 5, 2024 /PRNewswire/ -- The global web real-time communication (webRTC) market size is estimated to grow by USD 66.58 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 48.89% during the forecast period. The primary trend driving the Web Real-Time Communication (WebRTC) market growth is the increasing adoption of bring-your-own-device (BYOD) policies. For more insights on the historical data (2017 to 2021) and forecast size (2023 to 2027) - Request a sample report With more employers encouraging or providing devices to staff, WebRTC solutions offer professional standards of interaction across various remote devices, supporting the trend and enhancing communication tools in small businesses, thus contributing to market growth. What's New?
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., and Avaya Inc. are the major companies in the market.
Technavio has segmented the market based on Application (Vido, Voice, and Data sharing ), Platform (Mobile, Browser, and UC ), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).
Insights on the market contribution of various segments including country and region, historical data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report "The growing popularity of video and audio conferencing drives growth, however, the lack of high-end video conferencing features may hamper the growth." Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report! What are the key data covered in this Web Real Time Communication (webRTC) Market report?
Technavio's SUBSCRIPTION platform Applications include: The Web Real-Time Communication (WebRTC) industry is witnessing robust growth driven by its versatile applications in video conferencing, VoIP solutions, and real-time collaboration. This technology facilitates seamless browser-based communication, enabling online meetings, live chat solutions, and remote collaboration. With a focus on unified communications and cloud communication, WebRTC platforms are shaping the future of digital communication and telecommunication industry trends. Related Reports: The Web 3.0 blockchain market is estimated to grow at a CAGR of 47.85% between 2022 and 2027. The market size is forecast to increase by USD 27,422.25 million. Global Web Application Firewall Market size is estimated to grow at a CAGR of 18.76% between 2022 and 2027. The size of the market is forecast to increase by USD 6,895.11 million. About Us Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/web-real-time-communication-webrtc-market-to-grow-by-usd-66-58-billion-from-2022-2027--increasing-adoption-of-bring-your-own-device-byod-to-be-a-major-trend---technavio-302052747.html SOURCE Technavio |