Video Conferencing Market Report: Trends, Forecast and Competitive Analysis to 2030

Video Conferencing Trends and Forecast

The future of the global video conferencing market looks promising with opportunities in the corporate, education, healthcare, government & defense, BFSI, and media & entertainment markets. The global video conferencing market is expected to reach an estimated $24.1 billion by 2030 with a CAGR of 13.4% from 2024 to 2030. The major drivers for this market are embracing a worldwide shift toward a flexible work environment, surging expansion of cloud-native businesses, and growing need in the healthcare and education sectors for video conferencing solutions.

A more than 150-page report is developed to help in your business decisions.

Video Conferencing by Segment

The study includes a forecast for the global video conferencing by deployment , enterprise size, end use industry, application, and region.

Video Conferencing Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• On-Premise
• Cloud

Video Conferencing Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:

• Large Enterprises
• Small and Medium Enterprises

Video Conferencing Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Corporate
• Education
• Healthcare
• Government & Defense
• BFSI
• Media & Entertainment
• Others

Video Conferencing Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Consumer
• Enterprise

Video Conferencing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Video Conferencing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies video conferencing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the video conferencing companies profiled in this report include-

• Avaya
• Cisco Systems
• Huawei Technologies
• Logitech International
• Microsoft Corporation
• Polycom
• Zoom Video Communications

Video Conferencing Market Insights

Lucintel forecasts that cloud is expected to witness highest growth over the forecast period due to increased accessibility by making it simple to access video conferencing services via a variety of media, including laptops and mobile devices.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Video Conferencing Market

Market Size Estimates: Video conferencing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Video conferencing market by various segments, such as by deployment , enterprise size, end use industry, application and region in terms of($B).

Regional Analysis: Video conferencing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different , deployment , enterprise size, end use industry, application, and regions for the video conferencing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the video conferencing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the video conferencing market size?

Answer: The global video conferencing market is expected to reach an estimated $24.1 billion by 2030.

Q.2 What is the growth forecast for video conferencing market?

Answer: The global video conferencing market is expected to grow with a cagr of 13.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the video conferencing market?

Answer: The major drivers for this market are embracing a worldwide shift toward a flexible work environment, surging expansion of cloud-native businesses, and .

Q4. What are the major segments for video conferencing market?

Answer: The future of the video conferencing market looks promising with opportunities in the corporate, education, healthcare, government & defense, BFSI, and media & entertainment markets.

Q5. Who are the key video conferencing market companies?

Answer: Some of the key video conferencing companies are as follows.

• Avaya
• Cisco Systems
• Huawei Technologies
• Logitech International
• Microsoft Corporation
• Polycom
• Zoom Video Communications

Q6. Which video conferencing market segment will be the largest in future?

Answer: Lucintel forecasts that cloud is expected to witness highest growth over the forecast period due to increased accessibility by making it simple to access video conferencing services via a variety of media, including laptops and mobile devices.

Q7. In video conferencing market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the video conferencing market by deployment (on-premise and cloud), enterprise size (large enterprises and small and medium enterprises), end use industry (corporate, education, healthcare, government & defense, BFSI, media & entertainment, and others), application (consumer and enterprise), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?