Global Telepresence Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global telepresence equipment market in its upcoming report titled, “Global Telepresence Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global telepresence equipment market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global telepresence equipment market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global telepresence equipment market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global telepresence equipment market report has been segmented on the basis of type, form factor, end-user, and region.
Telepresence equipment makes video conferencing a great experience by giving a feeling of real person being present at the same place other than their true location. Telepresence equipment components include microphone, telepresence camera, and display devices. Telepresence is a sensation of being elsewhere, which is created by virtual reality technology, and is especially used for remote control of machinery. Telepresence services provides high speed data transfer capabilities which enables users to communicate without any hurdles.
Rising adoption of virtual meetings in the corporate world, due to increasing globalization, and to reduce traveling cost for the employees are key factors driving growth of the global telepresence equipment market. In addition, technological inventions such as robotic telepresence video conferencing is expected to further fuel growth of the global telepresence equipment market. Moreover, increasing usage of telepresence equipment by governments of various countries, and in various end-use applications such as education sector, healthcare sector, etc., is another factor boost growth of the telepresence equipment market over the forecast period.
However, higher installation cost, and lack of bandwidth in some area in developing countries are the key factors restraining growth of the global telepresence equipment market.
Furthermore, governments initiatives and planning for establishing telepresence rooms as services for population and increasing adoption of telepresence video conferencing systems by organisations in some developed countries owing to its cost-effectiveness of high quality interaction are factors expected to create various opportunities for market players in the global telepresence equipment market over the forecast period.
North America market is the dominant in the global telepresence equipment market and is expected to continue its dominance, owing to increasing acceptance of videoconferencing and VoIP based technologies in countries in this region. Asia Pacific market is expected to register highest CAGR during the forecast period, owing to surging industrialization in countries in this region.
Global telepresence equipment market segmentation by type:
- Multi-Codec Telepresence
- Personal Telepresence
- Immersive Telepresence
- Room based Telepresence
Global telepresence equipment market segmentation by form factor:
Global telepresence equipment market segmentation by end-user:
- Large Enterprise
- Medium Enterprise
- Small Enterprise
Global telepresence equipment market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Array Telepresence Inc.
- Avaya Inc.,
- Cisco Systems Inc.
- Huawei Technologies Co., Ltd.
- Polycom, Inc.
- Vidyo Inc
- ZTE Corporation
- Digital Video Enterprises, Inc
- Microsoft Corporation
- HaiVision Systems, Inc.
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