Global Video Conferencing Market Size, Status and Forecast 2021-2027

Video conferencing market is segmented based on component and end-use industry. Based on component, the global video conferencing market is categorized into hardware, software, and services. Among these components, the hardware component segment is further sub-segmented into camera, codec, microphone/speakers, and others. The software segment is further classified into on-premise and cloud-based. Furthermore, the services segment is further split into managed/outsourced and others.
Owing to factors such as rising demand for cloud-based video conferencing solutions across the world,annual growth rate of the software segment is high. The shift toward cloud-based video conferencing solutions is currently low. However, it is expected to rise substantially in the coming years. Furthermore, the services segment is also expected to expand rapidly during the forecast period. This is due to an increasing trend among organizations to ensure the availability of video conferencing services without the need to employ and maintain a permanent in-house technical team for the purpose.

Market Analysis and Insights: Global Video Conferencing Market
The global Video Conferencing market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Video Conferencing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Video Conferencing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Video Conferencing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Video Conferencing market.

Global Video Conferencing Scope and Market Size
Video Conferencing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Video Conferencing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Approach and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Approach
Tablet
Computer
Telephone
Others

Segment by Application
Corporate Enterprise
Healthcare
Government and Defense
Education
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Adobe Systems
Arkadin Cloud Communications
Cisco Systems
Huawei Technologies
JOYCE CR
Logitech International
Microsoft
Orange Business Services
Polycom
Vidyo
West Unified Communications Services
ZTE