123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Video Conferencing Market Share, Demand And Growth Analysis, Forecast 2017 To 2022 – By Credence Res

By Author: Chris Smith
Total Articles: 86

According to a new market research report published by Credence Research “Video Conferencing Market (Corporate Enterprises, Healthcare, Government & Defense, Education, Media & Entertainment and Others (Retail, Manufacturing and Residential) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the global video conferencing market was valued at US$ 3,967.6 Mn in 2014 and is estimated to expand with a CAGR of 8.6% from 2015 to 2022.
Browse the full report at http://www.credenceresearch.com/report/video-conferencing-market
Market Insights
Video conferencing refers to video communication among two or more participants in real-time. With the rising globalization of business organizations worldwide, need for flexible, scalable and cost effective communication techniques has grown substantially since the past few years. Video conferencing is a viable solution for organizations to organize online conference thereby eliminating the costs related to traveling and accommodation. Likewise, video conferencing acts as a boon for business entities having multiple geographical locations requiring frequent collaboration. Video conferencing solutions are available both; on-premise as well as cloud-based. Video conferencing vendors also offer managed solutions with an intent of delivering more feasible and cost-effective solution to consumers. As a result, the market is witnessing a paradigm shift towards cloud-based solutions due to their low costs as compared to the on-premise deployment. Corporate enterprises and government & defense are the largest consumer segments for these solutions. Due to growing penetration of video conferencing solutions across these segments worldwide, advanced solutions such as high definition (HD) video conferencing services are likely to become popular in the coming years.
Competitive Insights
The global video conferencing market is highly consolidated in nature with few major players accounting for more than 60% of the total market revenue. Major companies dominating the market include Cisco Systems, Inc., Polycom, Inc. and Huawei Technologies Co., Ltd. Some of the other prominent players in the market are ZTE Corporation, Microsoft Corporation, Vidyo, Inc. and Avaya, Inc. The market is largely technology driven and hence highly competitive in nature. Thus, most of these players focus on offering viable and cost-effective solutions in order to sustain in the market. As a part of providing advanced solutions, video conferencing vendors focus on delivering cloud-based and high quality video services.
Key Trends
• Shift towards cloud-based video conferencing solutions
• Focus on healthcare industry due to increasing adoption of video conferencing solutions in the segment
• Introduction of high quality video conferencing solutions comprising HD video service

• Request Free Sample - http://www.credenceresearch.com/sample-request/57718
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: +1-800-361-8290
Web: http://www.credenceresearch.com

Total Views: 100Word Count: 636See All articles From Author

Business Articles

1. Be A Security Guard And Live A Life With Dignity While Protecting Commoners
Author: George Hoover

2. Have A Plan
Author: brokerleonardfields.com

3. Our Year Round Services Include Part - Iii
Author: arnoldstreeservice.com

4. Best Smart Security
Author: SecurPoint Security

5. Choosing The Best Security Guard Company In Delhi
Author: Sushma Deshwal

6. Siddhakala Renewable Energy System Pvt. Ltd
Author: SIDDHAKALA RENEWABLE ENERGY SYSTEM PVT. LTD

7. Why You Should Use Professionals To Deal With Your Bed Bug Issues
Author: Steve Stein

8. Bed Bug Exterminators And The Solution To Your Bed Bug Problem
Author: Steve Stein

9. Chief Sand Supplier In Hyderabad
Author: Sand Suppliers

10. What Do Hvac Repair Technicians Do?
Author: emly

11. Professionally Expert Technician Of Air Condition
Author: Honestair Systems

12. Why Live Chat Script Is Necessary
Author: Surabhi Joshi

13. How Does Advertising Use Your Imagination?
Author: MichaelDavidWilson

14. Export Compliance Needs – What People Should Do?
Author: Fred Danny

15. Hair Removal Products & Epilators Review
Author: Smooth Life

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: