Global Video Conferencing Market 2024-2028

Description

List of Tables

The video conferencing market is forecasted to grow by USD 7.44 bn during 2023-2028, accelerating at a CAGR of 11.9% during the forecast period. The report on the video conferencing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing globalization and the need for cross-border communication, proliferation of mobile devices enables on-the-go video conferencing, and cost-savings offered by video conferencing when compared to in-person meetings.

Technavio's video conferencing market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	10.57%
CAGR	11.9%
Incremental Value	$7.44bn

By Component

Hardware
Software
Services

By End-user

Large enterprises
Small
Medium enterprises

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increasing adoption of AI-driven features in video conferencing as one of the prime reasons driving the video conferencing market growth during the next few years. Also, integration of AR and VR technologies for immersive virtual meetings and training sessions and adoption of cloud-based video conferencing platforms will lead to sizable demand in the market.

The report on the video conferencing market covers the following areas:

Video conferencing market sizing
Video conferencing market forecast
Video conferencing market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading video conferencing market vendors that include 8x8 Inc., Adobe Inc., Alphabet Inc., Amazon.com Inc., Avaya LLC, Cisco Systems Inc., Dialpad Inc., Enghouse Systems Ltd., Haivision Systems Inc., HP Inc., Huawei Technologies Co. Ltd., Kaltura Inc., Logitech International SA, Microsoft Corp., Pexip AS, RingCentral Inc., Sonic Foundry Inc., TIBCO Software Inc., Verizon Communications Inc., and Zoom Video Communications Inc.. Also, the video conferencing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77521

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global video conferencing market 2018 - 2022
4.2 Component Segment Analysis 2018 - 2022
4.3 End-User Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Component

6.1 Market segments
6.2 Comparison by Component
6.3 Hardware - Market size and forecast 2023-2028
6.4 Software - Market size and forecast 2023-2028
6.5 Services - Market size and forecast 2023-2028
6.6 Market opportunity by Component

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Large enterprises - Market size and forecast 2023-2028
7.4 Small and medium enterprises - Market size and forecast 2023-2028
7.5 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 India - Market size and forecast 2023-2028
9.11 Canada - Market size and forecast 2023-2028
9.12 Germany - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Adobe Inc.
12.4 Alphabet Inc.
12.5 Amazon.com Inc.
12.6 Avaya LLC
12.7 Cisco Systems Inc.
12.8 Enghouse Systems Ltd.
12.9 HP Inc.
12.10 Huawei Technologies Co. Ltd.
12.11 Kaltura Inc.
12.12 Microsoft Corp.
12.13 Pexip AS
12.14 Sonic Foundry Inc.
12.15 TIBCO Software Inc.
12.16 Verizon Communications Inc.
12.17 Zoom Video Communications Inc.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations