Global Videoconferencing Infrastructure Systems Market Trends, Applications, Analysis, Growth, and Forecast to 2027
MarketResearch.biz, in its upcoming report titled, “Global Videoconferencing Infrastructure Systems Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global videoconferencing infrastructure systems market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global videoconferencing infrastructure systems market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global videoconferencing infrastructure systems has been segmented on the basis of deployment type, end user, and region. Revenue from the global videoconferencing infrastructure systems is projected to expand at a CAGR of X.X% between 2018 and 2027, and reach a value of US$ XXXX.X million by the end of 2027.
A video conference is a live, visual connection between two or more people in separate locations for the purpose of communication. General or normal video conferencing provides transmission of static images and text between two locations, while more advanced video conferencing enables transmission of full-motion video images and high-quality audio between multiple locations.
The growing trend of virtual meetings in real-time with distantly located parties is the primary factor driving growth of the global videoconferencing infrastructure systems market to a significant extent. With rapid globalization, video conferencing is a major communication tool used by enterprises that offers benefits in the form of enhanced productivity and faster decision making. Acquisitions of smaller companies is another notable growth strategy adopted by companies, and is expected to be the major factor driving future market growth. However, growth of the global videoconferencing infrastructure systems market is expected to be hampered by high initial investments and high installation costs of video conferencing equipment and systems.
In 2016, North America dominated the global market, accounting for majority revenue share, and is expected to continue its dominance over the forecast period. This projected growth is attributed to wide adoption of telepresence to enhance workforce collaboration and also due to the popularity of managed video conferencing solutions among small and medium-sized companies.
Global videoconferencing infrastructure systems market segmentation by deployment type:
Global videoconferencing infrastructure systems market segmentation by end user:
- Corporate Enterprise
- Government and Defense
Global videoconferencing infrastructure systems market segmentation by region:
- North America
- Asia Pacific
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 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- West Unified Communications Services
- ZTE Corporation
- Polycom, Inc.
- Vidyo, Inc.
- Adobe Systems Incorporated.
- Microsoft Corporation
- Arkadin International SAS
- Logitech International S.A.
- Orange Business Services
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