PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587895
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587895
Video Conferencing Market, By Component, By Enterprise Size, By Model, By End User, By Geography
The Global Video Conferencing Market is estimated to be valued at USD 11.43 Bn in 2024 and is expected to reach USD 20.82 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 11.43 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 9.00% | 2031 Value Projection: | US$ 20.82 Bn |
The global video conferencing market has witnessed substantial growth in recent years due to the rising adoption of cloud-based platforms for remote collaboration and real-time communication across organizations. Video conferencing plays a vital role in connecting dispersed teams and facilitating face-to-face interactions online. It enables enterprises to conduct meetings, seminars, webinars and group discussions without requiring physical co-presence. With advancements in network infrastructure and collaboration technologies, video communication systems have become more affordable and user-friendly. Moreover, the growing trend of mobile and remote working is prompting companies to invest in unified communication platforms for seamless connectivity. The market is anticipated to further gain momentum owing to emerging opportunities in industries such as healthcare, education, and e-commerce.
Market Dynamics:
The key drivers fuelling the global video conferencing market include growing connectivity and network speeds enabling high-quality video conferencing, increasing remote and flexible work trends, and rising focus on reducing business travel costs. However, data privacy and security concerns associated with cloud-based video conferencing platforms are expected to restrain the market growth. Opportunities lie in integrating advanced technologies such as artificial intelligence, augmented and virtual reality with video conferencing solutions. Market players are investing in developing innovative features around online meetings management, virtual collaboration spaces and real-time analytics.
Key Features of the Study:
This report provides in-depth analysis of the global video conferencing market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global video conferencing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Polycom, Inc., InterCall (West Corporation), Avaya, Inc., Adobe Systems, Inc., Cisco Systems, Inc., Huawei Technologies Co., Ltd, Microsoft Corporation, ZTE Corporation, Vidyo, Inc., and Lifesize (Division of Logitech International S.A.)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global video conferencing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global video conferencing market
Market Segmentation
- Component Insights (Revenue, USD, 2019 - 2031)
- Hardware
- Software
- Services
- Enterprise Size Insights (Revenue, USD, 2019 - 2031)
- SMEs
- Large Enterprises
- Model Insights (Revenue, USD, 2019 - 2031)
- B2B
- B2C
- End User Insights (Revenue, USD, 2019 - 2031)
- BFSI
- Healthcare
- Telecommunication & ITES
- Government
- Travel & Hospitality
- Education
- Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Polycom, Inc.
- InterCall (West Corporation)
- Avaya, Inc.
- Adobe Systems, Inc.
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd
- Microsoft Corporation
- ZTE Corporation
- Vidyo, Inc.
- Lifesize (Division of Logitech International S.A.)
Table of Contents
1. Research Objectives And Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component
- Market Snippet, By Enterprise Size
- Market Snippet, By Model
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, And Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Recent Developments/Updates
- Industry Trend
4. Global Video Conferencing Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Video Conferencing Market - COVID-19
- Impact Analysis
5. Global Video Conferencing Market, By Component, 2019-2031, (USD BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hardware
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Software
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Services
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Video Conferencing Market, By Enterprise Size, 2019-2031, (USD BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- SMEs
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Large Enterprises
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Video Conferencing Market, By Model, 2019-2031, (USD BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- B2B
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- B2C
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
8. Global Video Conferencing Market, By End User, 2019-2031, (USD BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- BFSI
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Healthcare
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Telecommunication & ITES
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Government
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Travel & Hospitality
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Education
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
9. Global Video Conferencing Market, By Region, 2019 - 2031, Value (USD BN)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (USD BN)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (USD BN)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (USD BN)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (USD BN)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Component, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Enterprise Size, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Model, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By End Use, 2019 - 2031, Value (USD BN)
- Market Size and Forecast, By Country, 2019- 2031, (USD BN)
- South Africa
- North Africa
- Central Africa
10. Competitive Landscape
- Polycom, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- InterCall (West Corporation)
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Avaya, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Adobe Systems, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Cisco Systems, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Huawei Technologies Co., Ltd
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Microsoft Corporation
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- ZTE Corporation
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Vidyo, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
- Lifesize (Division of Logitech International S.A.)
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
11. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. References and Research Methodology
- References
- Research Methodology
- About us
