Industry Background:
Video conferencing is a live, visual connection between two or more people residing in separate locations for the purpose of communication. Video conferencing service providers video conferencing platform. It offers up to 100 participants, unlimited one to one meetings, group meetings, phone support, real-time usage dashboard and others.This growth is primarily driven by High Demand for Unified Communication Solution
.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cisco Systems, Inc. (United States), Polycom, Inc. (United States), Avaya (United States), ZTE Corporation (China), Huawei (China), Microsoft Corporation (United States), Lifesize (United States), Vidyo, Inc. (United States), InterCall (United States) and Adobe Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2018, Polycom, Inc. has announced the signing of a merger agreement to acquire Obihai Technology, Inc., a San Jose-based innovator in VoIP audio solutions. Obihai Technology develops software and hardware for VoIP endpoints.
Video Conferencing Services Market Dynamics:
Attributes | Details |
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Growth Drivers | - High Demand for Unified Communication Solution
- Rising Adoption of Vidoe Conferencing Services
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Influencing Trends | - Increasing Need for Communication Cost Reduction
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Restraints | - Technical Issues related to the Services
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Road Blocks / Challenges | - Privacy and Security Concerns
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Gaps & Opportunities | - Growing Demand for Improved Productivity
- Increasing Trend for Cloud Application
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Video Conferencing Services Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Video Conferencing Services Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Video Conferencing Services players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Video Conferencing Services Study Sheds Light on
The Video Conferencing Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Video Conferencing Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Video Conferencing Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.