Tag Archives: Video Conferencing Market

Global Market for Video Conferencing is Likely to Expand at a CAGR of 8.3% Between 2017 and 2025

A new report added to the repository of Market Research Reports Search Engine “Video Conferencing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” is a comprehensive repository of information, providing market share, size, and forecast.

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Global Video Conferencing Market Projected to Grow at Over 8% CAGR through 2025

A growing trend of virtual meetings with remotely located teams for real-time communication has been observed. Video conferencing has helped businesses connect with their offshore teams, reducing operational costs and boosting communication. A new report titled “Video Conferencing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” added to the Market Research Reports Search Engine (MRRSE) offers valuable advice on the key factors that will impact the global video conferencing market during the forecast period. The report projects the global video conferencing market to grow at over 8% CAGR through 2025.

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About  Video Conferencing Market

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.

Global Video Conferencing Market By Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

“The Report Video Conferencing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About   Video Conferencing Market

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.

The Video Conferencing Market offers huge growth opportunities for the future

Big Market Research added a report on “Video Conferencing Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”

Video conferencing market involves establishing a live connection between people at different locations for communication. It is a set of technologies and processes that allows enterprises to use a video-system with internet providing the required connectivity. Usage of a video conferencing platform eliminates geographical boundaries and allows people to conduct meetings and conversations. Video conferencing has emerged as a widely-accepted form of business communication. Many businesses have been using video conferencing internally to help geographically distant teams of sales representatives, marketing personnel, product designers, managers, engineers, and other employees work more closely. Businesses have started to use video conferencing for external communication, as a way to facilitate face-to-face communication with partners, suppliers, investors, and clients.

Real time Communication among Distantly Located Teams Fuels Growth of Video Conferencing Market

​The video conferencing market has one clear leader Cisco Systems Inc., which is further expanding its outreach by means of product innovation. The spectrum of video conferencing products offered by the company has enhanced its brand image globally. Acquisitions of smaller companies is another notable growth strategy adopted by the company.

The increasing trend of virtual meetings for real-time communication with distantly located teams is the primary factor driving the global video conferencing market. With rapid globalization, video conferencing is a major communication tool used by enterprises that benefits in the form of enhanced productivity and faster decision making.

Cloud-based Video Conferencing Market Ride on the BYOD Wave

​The implementation of Video Conferencing Market in any enterprise significantly improves the rate and clarity of communication between employees across the hierarchy. This applies a great deal more to globally spread out companies, as the use of video conferencing can help them cut costs in operations management, training, and recruitment.

Additionally, the current rate of cloud computing implementations in video conferencing is allowing an influx of companies of all sizes as customers in this market. Another trend expected to boost video conferencing usage is the increasing demand for telemedicine, especially in the developed economies.

Video Conferencing Market Growth, Trend, Price and Forecast to 2023

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.

Video Conferencing Market : Scenario along with the market size and growth forecast for the period 2015 – 2023

Video conferencing enables effective face-to-face real-time communication over long distances. With the rising globalization of businesses, organizations need to operate from numerous offices located in different parts of the world. Multinational companies need to establish efficient and effective communication among regional offices and the headquarters of the organization. Video conferencing offers a viable solution to offices situated far away from one another to communicate and share business information on a real-time basis. In addition, video conferencing enables organizations to reduce the time and costs associated with foreign travel and accommodation. Video conferencing vendors also offer flexible models of deployment: on-premise, managed, and cloud-based. Organizations operating in several geographical locations can synchronize their business processes without the need for personnel to travel across the world to collect and share critical business information. In case of emergencies, video conferencing offers an effective and immediate means for mass communication. Government and regulatory authorities can leverage video conferencing solutions to deal with natural calamities, communal disrupts, and other emergencies. On account of such factors, the overall video conferencing market is expected to witness increasing adoption around the world. In 2014, the global video conferencing market was valued at US$ 3.69 Bn and is estimated to reach US$ 7.85 Bn by 2023, expanding at a CAGR of 8.5% during the forecast period from 2015 to 2023.

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