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Video Conferencing Market Latest Industry Trends, Size, Share, Statistics, Applications and Competition Strategies by 2026, Fortune Business Insights

Video Conferencing Market Size, Share and Global Trend By Component (Hardware & Software), By Industry Vertical (Corporate Enterprise, Health Care, Government and others), By Geography Forecast till 2028

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Top Players List:

  • Microsoft

  • West Unified Communications Services

  • Adobe Systems Incorporated

  • Arkadin

  • JOYCE CR

  • Vidyo

The integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2021-2028. Additionally, the rising adoption of e-financial services is expected to boost the global market.

Google Duo’s Advanced Cloud-based Services Offer Increasingly User-friendly Solutions

Arkadin Cloud Communications, Adobe Systems Incorporated, Logitech International S.A., JOYCE CR, Orange Business Services, Microsoft Corporation, ZTE Corporation, West Unified Communications Services, and Vidyo, Inc. are some of the leading players operating on the global video conferencing market. Companies are planning to focus on acquisitions, partnerships, and new product launches to stay industry-focussed and broaden their portfolio. For instance, West Unified Communication Services announces the acquisition in 2021 with Flowroute. The aim of this strategic decision was to expand the formers diverse network, especially in APAC. Some of the significant mergers and acquisitions (MandA) in the video conferencing market are listed below:

  • Google Duo implemented cloud-based solutions in its different applications in April 2021. This implementation enables users to send and store audio and video messages up to 30 seconds long.

  • Cisco announced the acquisition of Assemblage Entertainment Pvt. Ltd. in March 2021. The aim of this acquisition was to adopt VaaS in video conferencing apps and strengthen the video conference market.

  • 8X8 acquired Jitsi video communications technology in Oct 2021 to extend its 8x8’s cloud technology platform and improve the company’s video collaboration capabilities.

Have Any Query? Ask Our Experts https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/video-conferencing-market-100293

Major Table of Content for Video Conferencing Market:

  1. Introduction

  2. Executive Summary

  3. Market Dynamics

  4. Competition Landscape

  5. Key Market Insights and Analysis, By Segments

  6. Global Video Conferencing Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027

TOC Continued.....!

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

https://www.fortunebusinessinsights.com/industry-reports/video-conferencing-market-100293

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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Video Conferencing Market Latest Industry Trends, Size, Share, Statistics, Applications and Competition Strategies by 2026, Fortune Business Insights

COMTEX_381973037/2598/2021-03-01T23:42:56

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