Global Video Conferencing Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2031
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Global Video Conferencing Market Overview
“The global Video Conferencing market size is expected to be worth around US$ 17,440.00 million by 2031 from US$ 7,366.80 million in 2021, growing at a CAGR of 8.99% during the forecast period 2021 to 2031.”
It is complete with important statistics and other industry-relevant particulars, including factors expected to influence Video Conferencing market progress, drivers, restraints, opportunities, trends, sales reviews, landmark developments (existing and anticipated), SWOT analysis, as well as information on other potential revenue generation prospects in unexplored areas of operation.
The data collated by our analysts from both primary and secondary sources are validated by data management solutions and industry experts to ensure genuine authenticity. The global Video Conferencing market report will encompass imminent threats or challenges from existing industry contenders and potential new market entrants.
Additionally, this dossier will explore the existing and foreseeable impacts of the ongoing COVID-19 pandemic.
Impacts of the COVID-19 Pandemic:
Most industries across the world have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other restrictions enforced by governing authorities across the globe.
The same applies to the global Video Conferencing market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak.
These aforementioned elements are expected to burden the revenue trajectory of the global Video Conferencing market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Video Conferencing market is expected to recover accordingly.
Who are the Major Video Conferencing Market's Key Players?
Key industry players profiled in this global Video Conferencing market include Adobe Systems Incorporated., Atlassian Corporation Plc., Cisco Systems, Inc., Fuze, Inc., Huawei Technologies Co., Ltd., JOYCE CR, S.R.O., Logitech International S.A., LogMeIn, Inc., Microsoft Corporation, Orange Business Services, Polycom, Inc., Vidyo, Inc., Visual Systems Group, Inc. (VSGi), West Corporation, ZTE Corporation.
Segmentation of the Global Video Conferencing Market:
Video Conferencing Market, by Component
- Hardware
- Camera
- Codec
- Microphone/Speaker
- Others (Display, Cables, Switches, Projector, & Sensors)
- Software
- On-premise
- Cloud-based
- Services
- Managed/Outsourced
- Others (Consulting, Integration & Maintenance)
Video Conferencing Market, by End-use Industry
- Corporate Enterprise
- Healthcare
- Government & Defense
- Education
- Others
Video Conferencing Market by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
What are the Key Factors Covered in this Video Conferencing Market Report?
- CAGR of the Video Conferencing market during the forecast period 2021-2031.
- Precise estimation of the Video Conferencing market size and its contribution to the parent market.
- Detailed information on factors that will drive Video Conferencing market growth during the next ten years.
- Accurate predictions on upcoming trends and changes in consumer behaviour.
- The growth of the Video Conferencing market across APAC, North America, Europe, South America, and MEA.
- A thorough analysis of the Video Conferencing market’s competitive landscape and detailed information on key Players.
- Comprehensive details of factors that will challenge the growth of Video Conferencing market vendors.
- Video Conferencing Market’s Opportunity Orbits
- Market Investment Feasibility Index
- PEST Analysis
- PORTER’S Five Force Analysis
- Drivers & Restraints Impact Analysis
- Marketing Strategy
- Product Life Cycle Analysis
- Value Chain Analysis
- Cost Structure Analysis
- Macro-economic Factors
[table_custom cagr=8.99% market_size=7,366.80Mn USD projection=17,440.00Mn USD]
- Hardware
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- Adobe Systems Incorporated.
- Atlassian Corporation Plc.
- Cisco Systems, Inc.
- Fuze, Inc.
- Huawei Technologies Co.ltd.
- JOYCE CR
- S.R.O.
- Logitech International S.A.
- LogMeIn, Inc.
- Microsoft Corporation
- Orange Business Services
- Polycom, Inc.
- Vidyo, Inc.
- Visual Systems Group, Inc. (VSGi)
- West Corporation
- ZTE Corporation.