The Video conferencing market subscriber base is expected to reach 1.1 Billion users by the end 2025 and APAC will account for the maximum number of subscribers.
In terms of revenue, the Market is forecast to grow by 125% in 2020-2021 and 22% in 2022-2025 .
The growth in revenue is lesser as compared to the subscriber base in 2022-2025 because the market will become more fragmented and the average price will go down.
Education segment is forecast to become a $3.5 Billion market by 2025 in terms of revenue and reach 295 Million in terms of subscribers.
GoTo Meeting, Cisco Webex, Microsoft teams and Zoom are forecasted to remain the biggest players in terms of revenue as well as subscriber base in 2021. Cisco and Zoom will grow more than GoTo Meeting.
Zoom is forecast to be the fastest growing company with 252% revenue growth by 2021, Cisco is also forecast to grow by more than 200% by 2021 due to the impact of COVID-19.
Reliance Jio is expected to launch new video conferencing application JioMeet.
Icewarp US based software company has extended its services to video conferencing solutions.
Verizon has completed the acquisition of teleconferencing application BlueJeans Netrwork.
Bangalore based firm Kredily has launched a new platform for conferencing called ‘Greet’.
Norway based Pexip has witness a 50% increase in the annual recurring revenue during the first quarter of 2020.
Kenyan start-up Usiku Games has developed Africa’s first ever video conferencing platform called Gumzo.
Tencent has launched its video conferencing app VooV in India region.
HCL’s Zoho and Hyderabad based PeopleLink are among the 10 selected by the government to develop a made-in-India video conferencing solution. Some of the other.
Zoom has witnessed a huge spike in daily meetings participants compared to last December, from 10 million participants to 300 million participants in April 2020 about 30 times increase in number.
Dingtalk a Alibaba’s subsidiary announced the platform is used by almost 120 million students and 10 million business across China.
2. Google Meet
4. Cisco Systems
7. Reliance Indistries
12. Alibaba Group
TABLE OF CONTENTS
Sl no Topic
1 Market Segmentation
2 Scope of the report
4 Research Methodology
5 Executive Summary
7 Insights from Industry stakeholders
8 Cost breakdown of Product by sub-components and average profit margin
9 Disruptive innovation in the Industry
10 Technology trends in the Industry
11 Consumer trends in the industry
12 Recent Production Milestones
13 Component Manufacturing in US, EU and China
14 COVID-19 impact on overall market
15 COVID-19 impact on Production of components
16 COVID-19 impact on Point of sale
17 Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18 Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19 Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20 Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21 Product installation rate by OEM, 2020
22 Incline/Decline in Average B-2-B selling price in past 5 years
23 Competition from substitute products
24 Gross margin and average profitability of suppliers
25 New product development in past 12 months
26 M&A in past 12 months
27 Growth strategy of leading players
28 Market share of vendors, 2020
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Global Video Conferencing Market size and Forecast (Subscribers and $Million), by region, by application
2. Average B-2-B price for Global Video Conferencing Market, by region
3. Market share of leading vendors, by region
4. Coronavirus impact on Global Video Conferencing Market earnings