Video Conferencing Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the video conferencing industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected video conferencing market growth numbers 2021-2030.
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The Video Conferencing Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global video conferencing market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Video Conferencing Global Market Report 2021 covers video conferencing market drivers, video conferencing market trends, video conferencing market growth rate, video conferencing market major players, player-adopted strategies in the market, and video conferencing market size.
The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%.
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The report covers the video conferencing market segments-
1) By Conference Type: Telepresence, Integrated, Desktop, Service-Based Video Conferencing System
2) By Deployment: Cloud, On-Premises
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By End-Use: Corporate, Education, BFSI, Media And Entertainment, Government And Defense, Others
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