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: 37Word Count: 636See All articles From Author

Business Articles

1. Why Indian Crafts Is A Best Company To Buy Furniture Online ?
Author: Mukesh Tiwari

2. How Does Digital Marketing Works? And What Is Importance Of Digital Marketing?
Author: MBHITECH Solutions

3. What To Know More About Outsourcing Accounting Services?
Author: capecoralaccounting

4. How To Manage The Accounting Service For Your Business?
Author: capecoralaccounting

5. Thermal Fluid Heat Transfer Systems
Author: heattransferglobal

6. Employee Provident Fund, Labour Law, Employees State Insurance Consultant In Mumbai
Author: ATSCO Corporation

7. Top Mba Colleges In Jaipur
Author: celinabrainbuxa

8. Android App Development Company In Usa, Android App Development Web Services, Android App Developmen
Author: wizbiztechllc

9. The Case For Growth Of Car Parking Tensile Structure In India
Author: Tensile Structure

10. Photocopier, Currency Counting Machines And Cctv Service Provider In Mumbai
Author: Amtech Enterprises

11. Why Opt For Custom Shipping Crates?
Author: Kurt Heimbrock

12. למעלה קבלני חיתוך בטון
Author: Kidoh65

13. Pain Management Doctors In San Antonio Texas
Author: sigmapainseo

14. Regular Professional Mold Inspections Ottawa – Why Every Homeowner Should Consider
Author: Mark Simon

15. Online Class Help, My Online Class Help
Author: ehomeworksolution

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