Video Conferencing Market Scope And Analysis

  • Report Code : TIPTE100000350
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Video Conferencing Market Scope, Analysis, and Trends by 2031

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Video Conferencing Market Report Scope

Report Attribute Details
Market size in 2023 US$ 8.20 billion
Market Size by 2031 US$ 19.17 billion
Global CAGR (2024 - 2031) 11.2%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Hardware
  • Software
  • Services
By Deployment
  • On-premise Cloud
  • Hybrid
By Industry Vertical
  • Corporate Enterprise
  • Government & Defense
  • Healthcare
  • Education
  • Manufacturing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Adobe Systems Inc
  • Zoom
  • Avaya Inc
  • Cisco Systems Inc
  • Google
  • Huawei Investment and Holding Co Ltd
  • Lifesize Inc
  • Microsoft Corporation
  • Polycom Inc Platronic Inc
  • Video Conferencing Market News and Recent Developments

    The video conferencing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • In March 2024, Google Meet introduced a cutting-edge portrait touch-up feature designed specifically for virtual meetings. This innovative feature offers users the ability to enhance their appearance with 'Subtle touch-up' and 'Smoothing' settings, ensuring a professional and polished look. By instilling confidence in users, this feature contributes to a seamless and professional online meeting experience. It is accessible to Business Standard, Education Plus, and Google Workspace Individual users, empowering them to present themselves in the best possible light during virtual interactions.

    (Source: Google, Press Release, 2024)

    Video Conferencing Market Report Coverage and Deliverables

    The "Video Conferencing Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles