Middle East & Africa Video Conferencing Market to Grow at a CAGR of 7.9% to reach US$ 1182.6 Million from 2020 to 2027

The video conferencing market in MEA was valued at US$ 619.5 million in 2019 and is projected to reach US$ 1182.6 million by 2027.

 

Advancements in the 5G communication technology and efforts toward its commercialization are among the factors fuelling the growth of the video conferencing market. Roll out of 5G would encourage the employees to conduct office meetings from personal devices such as smartphones and laptops. With the growing preference for flexible workplace, mainly among the millennial population, the video conferencing market for both hardware and software is likely to progress in the coming years.

Video conferencing is an eccentric alternative to the actual physical travel, broadcast vision, and sound meetings without risk and time lost. The video conference is continuously evolving across the region due to the availability of 5G and the growing concept of digitization. Saudi Arabia and UAE are the major countries that are inclined to bring digitalization within their territory. In the current scenario and complex world of communications technology, the need to provide advanced technological solutions is gaining high momentum.  Moreover, As per Okta’s first EMEA Business @ Work report, the OKta’s customers are opting for the Zoom app heavily in the region. As zoom works efficiently in low-bandwidth environments, it has provided the users with an opportunity to opt for video conferencing solutions. Earlier, the video conferencing has been bandwidth-intensive and thus was difficult in varied areas of EMEA, where Internet architecture is still inefficient. However, with constant and significant investments by telco & communication providers and government bodies in developing economies, the internet infrastructure is getting better. With the pace of time, the region has started to recognize the advantages of cloud communications, which would positively impact the adoption of more video conferencing solutions, including zoom.in the region.

Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region and is followed by South Africa and the UAE, among others. UAE was the first country in the Middle East and Africa to report a confirmed case of coronavirus. The global COVID-19 pandemic would have significant effects on global economies, but the Middle East region is anticipated to be especially impacted by the rapid collapse in oil prices. Further, many small and medium-sized enterprises (SMEs) in many Middle East states are likely to collapse in the coming years which have slow down the growth of video conferencing market in 2021.

MEA Video Conferencing Market Segmentation

MEA Video Conferencing Market – By Type

• Hardware
• Software
• Services

MEA Video Conferencing Market – By Deployment

• On-Premise
• Cloud
• Hybrid

MEA Video Conferencing Market – By Industry Vertical

• Corporate Enterprise
• Government & Defense
• Healthcare
• Education
• Manufacturing
• Others

MEA Video Conferencing Market – By Country

• UAE
• Saudi Arabia
• South Africa
• Rest of MEA

MEA Video Conferencing Market – Companies Mentioned

• Adobe Inc.
• Amazon
• Brother International Corporation
• Cisco Systems, Inc.
• Facebook, Inc.
• Google LLC
• Microsoft Corporation
• TeamViewer GmbH
• Zoho Corporation
• Zoom Video Communications, Inc.

Middle East & Africa Video Conferencing Market Report Scope