Global Video Conferencing Market, 2021-2027

Video conferencing is an online technology that allows users in different locations to hold face-to-face meetings without having to move to a single location together. This technology is particularly convenient for business users in different cities or even different countries because it saves time, expenses, and hassles associated with business travel. Garnering a CAGR of 14.7% from 2021 to 2027, the global video conferencing market is projected to reach worth of USD 24,439 million by 2027-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global video conferencing market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.

The video conferencing market is segmented on the basis of product, deployment model, organization size, end-user, and end-user. The video conferencing market is segmented as below:

By product:
- hardware
- software
- services

By deployment model:
- cloud-based
- on premises
- hybrid

By organization size:
- large enterprise
- small and medium-sized enterprises (SMEs)

By end-user:
- end-user
- enterprise
- government
- education
- healthcare
- BFSI
- others

By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)

The report also provides a detailed analysis of several leading video conferencing market vendors that include 8x8 Inc., Alphabet Inc., Avaya Inc., Cisco Systems, Inc., Huawei Technologies Co., Ltd., Lifesize, Inc., LogMeln Inc., Microsoft Corporation, Plantronics Inc. (Poly), RingCentral Inc., Verizon Communications Inc., Zoom Video Communications Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report
- To analyze and forecast the market size of the global video conferencing market.
- To classify and forecast the global video conferencing market based on product, deployment model, organization size, end-user, and end-user.
- To identify drivers and challenges for the global video conferencing market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global video conferencing market.
- To identify and analyze the profile of leading players operating in the global video conferencing market.

Why Choose This Report
- Gain a reliable outlook of the global video conferencing market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.