Title: Global Video Conferencing Market Industry | MRL
1Video Conferencing Market Growth, Trends,
Forecasts (2019 - 2026)
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2Video Conferencing Market Overview
The Video Conferencing Market is expected to grow
from USD 6.36 billion in 2019 to USD 12.04
billion by 2026 at a CAGR of 9.54 from 2019 to
2026. Video conferencing is a live video-based
platform made for conducting meetings between two
or more individuals in distinct locations through
a video-enabled device. It allows several
individuals to meet and cooperate face to face
through long-distance meetings by transmitting
video, audio, text, and presentations in
real-time via the internet. This is allowing the
market players to knowledge substantial growth in
demand for their products over the years. The
businesses are observing a broad array of
compensations as the companies are replacing
their outmoded web or audio conferencing
contracts with a modern cloud-based video
conferencing solutions. Through their video
conferencing solutions players, like Zoom and
Lifesize, help enhance team communications and
collaborations while increasing employee
engagement and reducing operating costs. These
advantages are brilliant in the rise in adoption,
which, in turn, is showcasing growth in the
market. The stupendous development of global
industrialization is majorly credited to large
enterprises. But the small scale and medium scale
enterprises also play a critical role in driving
the industrialization trend. The global market is
segregated on the basis of End-use Industry as
for Government Defense, Education, Others,
Corporate Enterprise, and Healthcare. Based on
Component the global market is segmented in
Services, Hardware, and Software. View Complete
Report _at_ https//marketreportslibrary.com/report/i
c0145/video-conferencing-market
3Video Conferencing Market Key Players
The report scope includes a detailed competitive
outlook covering market shares and profiles key
participants in the global market share. Major
industry players with significant revenue share
include JOYCE CR, S.R.O., Logitech International
S.A., LogMeIn, Inc., Microsoft Corporation,
Orange Business Services, Adobe Systems
Incorporated., Atlassian Corporation Plc., Cisco
Systems, Inc., Fuze, Inc., Huawei Technologies
Co., Ltd, and others.
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4Table Of Content
- Introduction
- Research Methodology
- Executive Summary
- Market Dynamics
- Video Conferencing Market, By End-use Industry
- Video Conferencing Market, By Component
- Video Conferencing Market, By Region
- Company Profiles
- Appendix
-
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