The report analyzes and
presents an overview of "Popular
Market Report:Video Conferencing Market- Global Industry Analysis and
Forecast 2015 - 2023" worldwide.
Video
conferencing refers to conducting conferences using telecommunication
technologies to enable real-time two-way transmission of audio and
video. With increasing globalization, most organizations are shifting
toward conference meetings in order to enable faster decisions and
reduce traveling hassles. Additionally, in order to extend their
reach globally, organizations around the world are increasingly
focused on curtailing costs related to their means of communication.
This has created immense opportunities for the video conferencing
market, leading to the development of advanced conferencing
solutions. Due to the availability of cloud-based solutions, which
help organizations reduce their initial investment, the penetration
of video conferencing solutions is estimated to increase
substantially in the coming years.
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The
report titled “Video Conferencing Market (On-premise, Managed and
Cloud-based Video Conferencing) – Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast, 2015 – 2023” aims to provide
a comprehensive strategic analysis of the global market scenario
along with the market size and growth forecast for the period from
2013 to 2023. The key factors driving the growth of video
conferencing market are the increasing globalization of businesses
and rising costs of international operations. With increases in the
cost of managing and maintaining the global supply chain, the need
for efficient and cost-effective means of communication has
increased. Video conferencing is a viable solution for multinational
organizations to easily establish communication among headquarters
and various offices scattered around the globe. Another factor
driving the growth of the video conferencing market is the rise in
applications of video conferencing in the healthcare and education
sectors. Healthcare organizations are able to widen the reach of
healthcare services through managed video conferencing services and
cloud-based video conferencing solutions. Remote patient monitoring
and tele-consultation have been widely implemented across the world.
In the education sector, video conferencing has found numerous
applications in distance learning and web seminars. Educational
institutes are able to offer tutorial and training services to
numerous students in different parts of the world using video
conferencing solutions.
This
research study on the global video conferencing market offers a
detailed analysis of the various deployment models of video
conferencing solutions and aims to explain the driving forces behind
the rising demand for these models across different industries. The
report also provides an analysis of the various factors affecting the
market dynamics, such as market drivers, restraints, and growth
opportunities. These factors help analyze various trends that would
impact the market during the forecast period from 2015 to 2023. The
report includes a comprehensive coverage of underlying economic and
technological factors influencing the video conferencing market. The
market positioning analysis of key players in the video conferencing
market throws light on the prevalent competition in this market. The
section also elucidates different strategies adopted by various
players in the market along with recommendations.
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Based
on the deployment model, the video conferencing market is segmented
into on-premise video conferencing, managed video conferencing
services, and cloud-based video conferencing. Based on factors such
as budget, scalability, availability, and security, customers
identify a best-fit solution out of all the models in order to cater
to their requirements. Cost plays a crucial role in the
decision-making process for the installation of video conferencing
solutions. Another factor that plays a crucial role in the selection
of deployment model for video conferencing is security. Video
conferencing solutions are deployed in various industries: corporate
enterprises, government and defense, healthcare, education,
manufacturing, retail, and media and entertainment. Factors that
relate to the growth of video conferencing solutions in these
industries have been identified in this report. The study provides a
comprehensive assessment of various end-use industries and deployment
models in the global video conferencing market. The report aims to
provide a comprehensive cross-sectional analysis of the video
conferencing market across geographies including North America,
Europe, Asia Pacific, Middle East & Africa (MEA), and Latin
America.
The
report concludes with the company profiles section, which provides an
overview of the major companies operating in the market, including
the strategies deployed by them to gain competitive advantage, annual
revenue generated by them in the past two years, and key developments
in the market. The companies profiled in this report include Polycom,
Inc., Avaya, Inc., Cisco Systems, Inc., Microsoft Corporation, Vidyo,
Inc., Lifesize (Division of Logitech International S.A.), ZTE
Corporation, Huawei Technologies Co., Ltd., Adobe Systems, Inc., and
InterCall (West Corporation).
Video
Conferencing Market Segmentation:
- Video Conferencing Market, by Deployment Type
- On-premise
- Managed
- Cloud-based
- Video Conferencing Market, by End-use Industry
- Corporate Enterprise
- Healthcare
- Government & Defense
- Education
- Others (Manufacturing, Retail and Media & Entertainment)
- Video Conferencing Market, by Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa (MEA)
- Latin America
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