Enterprise video conferencing refers to video communication designed specifically for the corporate enterprises. These solutions offer better scalability and reliability so as to enable better team collaboration and decision making. With the ever-expanding globalization among the business organizations worldwide, the need for effective collaboration techniques for real-time video communication is spurred substantially. Major business organizations have multiple locations along with highly distributed workforce. Thus, it becomes difficult to organize online meetings without a viable collaboration solution. In addition to this, organizations look for cost effective solutions that can fulfil their need seamlessly. As a result, video conferencing vendors focus on providing video conferencing solutions designed specifically for the corporate enterprises.
One of the most important trends among the corporate enterprises is shift towards BYOD. This has led to increase in adoption of the cloud-based video conferencing solutions. With the overall growing shift towards cloud-based solutions, the market for cloud-based video conferencing solutions is estimated to expand substantially in the coming years. Although issues including limited channel capacity, frequency spectrum shortage, and complexity related with the deployment resulting in increased up-front cost have somewhat marred the market growth, the advancements in wireless technology are expected to tame the impact of these challenges over the forecast period.
The report titled “Global Enterprise Video Conferencing Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” offers strategic insights into the global video conferencing industry (with focus on the corporate enterprises) along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on deployment models and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2023. The market revenue for on-premise segment has been evaluated considering the basic components i.e. hardware, software and services. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.
In order to help strategic decision makers, the report also includes competitive profiling of the leading video conferencing solution vendors, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are Cisco Systems, Inc., Polycom, Inc., Avaya, Inc., Microsoft Corporation, Huawei Technologies Co., Ltd., Adobe Systems, Inc., Lifesize (Division of Logitech International S.A.), InterCall (West Corporation) and ZTE Corporation among others. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global enterprise video conferencing market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.
In 2015, the global enterprise video conferencing market was dominated by North America accounting for more than one third of the total market revenue. The high market share in the region is in the lieu of strong penetration of video conferencing solutions across various industry verticals. Additionally, due to high technology acceptance (especially HD services) coupled with presence of leading companies such as Cisco Systems, Inc. and Polycom, Inc. in the region, the segment is estimated to hold its dominant position in the global market throughout the forecast period.
Europe accounts for the second largest share, in terms of revenue, of the video conferencing market worldwide. However, Asia Pacific is poised to register the highest growth in global enterprise video conferencing market in the coming years. The growth is largely expected from China and India due to high adoption rate of video conferencing solutions across various industry verticals.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Enterprise Video Conferencing market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Deployment Model
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
