What is Conference Call Services Market?
A conference call is an audio or video call in which three or more callers can talk to each other at the same time. Also known as a teleconference, this type of call can be made on a landline, mobile, or via an internet connection, and is usually held to enable a meeting to take place when it’s not possible to get all participants in the same room. Operating a conference call means people in different locations to run meetings over the phone, to help get job done faster and without relying on everyone to be able to get to the same place at the same time. Conference call is beneficial for people who work at home or work remotely from another location, and calls can easily be made between participants in different countries.
The market study is being classified and major geographies with country level break-up.
Zoom Video Communications (United States), GoToMeeting (United States), Skype (Ireland), Microsoft Corporation (United States), Dialpad (United States), Arkadin SAS (France), Infinite Conferencing Inc. (United States), Premiere Global Services, Inc. (United States), Cisco WebEx (United States), Conference Calling (United States) and InterCall (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Segment Analysis
Analyst at AMA have segmented the market study of Global Conference Call Services market by Type, Application and Region.
On the basis of geography, the market of Conference Call Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Time-Saving Methods for Communication
- Increasing Demand for Security of the Data
Market Trend
- Continuous Improvements in the Technologies
Restraints
- Poor Audio Quality Can Reduce Call Effectiveness
- Cost of Video Conferencing Is A Bit Higher Due To the Equipment That Is Involved
Opportunities
- Rising Demand for Conference Call Services in Developing Countries
Challenges
- If Equipment Is Not High Quality It Can Also Be Limiting Because the Video Feed Can Be Delayed
Market Leaders and some development strategies
On April 10, 2019 Dialpad, has announced the addition of three new Master Agents to its growing partner roster: Avant, Intelysis and Telarus. The expanded channel partner program builds upon Dialpad’s commitment to over 400 channel partners providing UCaaS services and distributing the company’s business communications product lines.
On March 22, 2019 Zoom has announced new features and integrations for their Zoom Phone, Zoom Rooms and Zoom Meetings solutions. With a portfolio designed to combine video, content sharing, voice, and chat, Zoom delivers an exceptional cloud platform.
Key Target Audience
Service Providers of Conference Call, Associate Industry, Research Institutes and Governmental Bodies