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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 14.84 billion by 2029 | 18.08% | North America |
| By Type | By Application | By Region |
|---|---|---|
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|
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SCOPE OF THE REPORT
Cloud Based Video Conferencing Solutions Market Overview
The cloud based video conferencing solutions market is expected to grow at 18.08% CAGR from 2022 to 2029. It is expected to reach above USD 14.84 billion by 2029 from USD 3.33 billion in 2020.
The technology and services that make it possible to hold online meetings in real time are referred to as cloud-based video conferencing solutions. Participants can connect and interact remotely, regardless of their location, with the use of these technologies, which often offer video, audio, and messaging capabilities. The infrastructure and software necessary to enable cloud-based video conferencing solutions are hosted and managed by the service provider in a software as a service (SaaS) paradigm. There are numerous players on the market providing these solutions to various sectors, including healthcare, education, finance, and other industries.
The market for cloud-based video conferencing solutions is propelled by the rising need for tools for remote collaboration and communication as a result of the expansion of distant work and globalization. Aside from the demand for affordable and scalable communication solutions, other market growth drivers include technological advancements like cloud computing and high-speed internet. Yet there are other factors that limit market expansion as well, such the necessity for dependable internet connectivity and security worries. The market is fiercely competitive, with many vendors vying for consumers across a range of industries with unique and inventive solutions.
The market for cloud-based video conferencing solutions is being propelled by a number of factors, such as the growing need for remote work, the need for affordable communication tools, and the acceleration of globalization. In addition, the development of cloud computing and fast internet connectivity has increased the usability and accessibility of video conferencing. Since remote work and virtual collaboration have become crucial for many enterprises, the COVID-19 epidemic has also contributed to the market’s expansion. More companies are likely to implement remote work policies and look for cost-effective communication solutions, leading to further market expansion.
The market for cloud-based video conferencing solutions confronts a number of challenges, such as security difficulties regarding data privacy, the requirement for dependable and fast internet connectivity, and incompatibilities with current hardware and software. Traditional communication channels like face-to-face meetings and phone calls also pose a serious threat to the market. Vendors must always come up with new ideas and ways to set themselves apart from the competition as the market gets more saturated. Last but not least, some firms, especially smaller ones with limited resources, may find the expense of deploying and maintaining cloud-based video conferencing solutions exorbitant.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Thousand Units). |
| Segmentation | By Type, By Application, By Region. |
| By Type
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| By Application
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| By Region
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The market for cloud-based video conferencing systems offers a number of chances for expansion and innovation. The opportunity for companies to create and market new and enhanced video conferencing technologies is enormous given the rising need for solutions for remote work and virtual collaboration. As globalization continues to grow and cross-border communication becomes more important, businesses have more options to engage new customers and enter new markets. Vendors may have new potential to provide more immersive and interactive video conferencing experiences as a result of emerging technologies like virtual and augmented reality. Finally, the ongoing COVID-19 epidemic is probably going to keep increasing demand for remote collaboration technologies, opening up new growth prospects for suppliers.
While remote work and virtual meetings have become the new standard, the COVID-19 epidemic has had a huge impact on the market for cloud-based video conferencing solutions. As organizations and individuals look for methods to interact and work together online, demand for these solutions has increased. Users and revenue have increased exponentially for businesses like Zoom, Microsoft Teams, and Google Meet. The growing trend towards remote work and the demand for effective virtual communication tools are projected to propel the market’s increasing trajectory.
Cloud based video conferencing solutions Market Segment Analysis
The cloud based video conferencing solutions market is segmented based on type and application.
A form of video conferencing known as hardware-type cloud-based video conferencing links several individuals in various locations using hardware like cameras, microphones, and other devices. Business meetings, distance learning, and other professional uses frequently use this kind of video conferencing.
The industry has been divided into manufacturing, IT & telecom, healthcare, BFSI, and other segments based on application. Due to the widespread usage of cloud-based video conferencing by banks and other financial institutions, the BFSI category had a sizeable market share in 2021. Also, throughout the projection period, market expansion will be fueled by rising need for real-time communication between managers and staff in various departments. Due to more businesses working in this industry are using web conferencing solutions, the IT & telecom sector is anticipated to become one of the fastest-growing segments in the next years.
Cloud Based Video Conferencing Solutions Market Player
The cloud based video conferencing solutions market key players includes Cisco, ZTE, Microsoft, Zoom, Google, BlueJeans, Kedacom, Avaya, Vidyo, NEC Corp, Arkadin.
Industry News:
10 April 2023: ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions has announced the launch of its G5 series servers in Thailand.
17 March 2023: ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, in partnership with China Mobile, has completed the world’s first 400G QPSK (Quadrature Phase Shift Keying) pilot.
Who Should Buy? Or Key Stakeholders
- Cloud-based video conferencing solution providers
- Hardware manufacturers
- Internet service provider
- System integrators
- Resellers and distributors
- Industry associations and regulatory bodies
- Investors
- Others
Cloud Based Video Conferencing Solutions Market Regional Analysis
The cloud based video conferencing solutions market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America held more than 39% of the cloud based video conferencing solutions market revenue share in 2021 and will witness expansion in the forecast period. Due to the prominence of major corporations like Zoom and Microsoft and the widespread acceptance of the remote work culture, North America has the greatest market. Considering how quickly small and medium-sized businesses are adopting video conferencing solutions, Europe is predicted to experience tremendous growth.
Due to cloud-based video conferencing solutions are being adopted more widely in nations like China, India, and Japan, the Asia Pacific region is anticipated to grow at the fastest rate throughout the projected period. The market expansion in this area is anticipated to be driven by the emerging economies’ rapid digitalization and their demand for effective remote communication technologies.
Key Market Segments: Cloud Based Video Conferencing Solutions Market
Cloud Based Video Conferencing Solutions Market By Type, 2020-2029, (USD Billion), (Thousand Units).
- Hardware
- Software
Cloud Based Video Conferencing Solutions Market By Application, 2020-2029, (USD Billion), (Thousand Units).
- Manufacturing
- ICT
- Healthcare
- BFS
- Others
Cloud Based Video Conferencing Solutions Market By Region, 2020-2029, (USD Billion), (Thousand Units).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the expected growth rate of the cloud based video conferencing solutions market over the next 7 years?
- Who are the major players in the cloud based video conferencing solutions market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the cloud based video conferencing solutions market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the cloud based video conferencing solutions market?
- What is the current and forecasted size and growth rate of the global cloud based video conferencing solutions market?
- What are the key drivers of growth in the cloud based video conferencing solutions market?
- What are the distribution channels and supply chain dynamics in the cloud based video conferencing solutions market?
- What are the technological advancements and innovations in the cloud based video conferencing solutions market and their impact on application development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the cloud based video conferencing solutions market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the cloud based video conferencing solutions market?
- What are the products offerings and specifications of leading players in the market?
- What is the pricing trend of cloud based video conferencing solutions in the market and what is the impact of raw application prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS OUTLOOK
- GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION, THOUSAND UNITS), 2020-2029
- HARDWARE
- SOFTWARE
- GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION, THOUSAND UNITS), 2020-2029
- MANUFACTURING
- ICT
- HEALTHCARE
- BFS
- OTHERS
- GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY REGION(USD BILLION, THOUSAND UNITS), 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- CISCO
- ZTE
- MICROSOFT
- ZOOM
- BLUEJEANS
- KEDACOM
- AVAYA
- VIDYO
- NEC CORP
- ARKADIN
LIST OF TABLES
TABLE 1 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 2 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 3 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 5 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY REGION (THOUSAND UNITS), 2020-2029
TABLE 7 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 9 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 11 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 13 US CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14 US CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 15 US CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16 US CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 17 CANADA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18 CANADA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 19 CANADA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20 CANADA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 21 MEXICO CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22 MEXICO CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 23 MEXICO CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24 MEXICO CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 25 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 27 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 28 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 29 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 30 SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 31 BRAZIL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32 BRAZIL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 33 BRAZIL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34 BRAZIL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 35 ARGENTINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36 ARGENTINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 37 ARGENTINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38 ARGENTINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 39 COLOMBIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40 COLOMBIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 41 COLOMBIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42 COLOMBIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 43 REST OF SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44 REST OF SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 45 REST OF SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46 REST OF SOUTH AMERICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 47 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 49 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 51 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52 ASIA-PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 53 INDIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54 INDIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 55 INDIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56 INDIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 57 CHINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58 CHINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 59 CHINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60 CHINA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 61 JAPAN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62 JAPAN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 63 JAPAN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64 JAPAN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 65 SOUTH KOREA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66 SOUTH KOREA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 67 SOUTH KOREA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68 SOUTH KOREA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 69 AUSTRALIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70 AUSTRALIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 71 AUSTRALIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72 AUSTRALIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 73 SOUTH EAST ASIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74 SOUTH EAST ASIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 75 SOUTH EAST ASIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76 SOUTH EAST ASIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 77 REST OF ASIA PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78 REST OF ASIA PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 79 REST OF ASIA PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80 REST OF ASIA PACIFIC CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 81 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 83 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 85 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86 EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 87 GERMANY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88 GERMANY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 89 GERMANY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90 GERMANY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 91 UK CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92 UK CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 93 UK CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94 UK CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 95 FRANCE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96 FRANCE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 97 FRANCE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98 FRANCE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 99 ITALY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100 ITALY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 101 ITALY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102 ITALY CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 103 SPAIN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104 SPAIN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 105 SPAIN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106 SPAIN CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 107 RUSSIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108 RUSSIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 109 RUSSIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110 RUSSIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 111 REST OF EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 113 REST OF EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114 REST OF EUROPE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 115 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 117 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 119 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120 MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 121 UAE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122 UAE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 123 UAE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124 UAE CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 125 SAUDI ARABIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126 SAUDI ARABIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 127 SAUDI ARABIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128 SAUDI ARABIA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 129 SOUTH AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130 SOUTH AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 131 SOUTH AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132 SOUTH AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
TABLE 133 REST OF MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134 REST OF MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 135 REST OF MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136 REST OF MIDDLE EAST AND AFRICA CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION (THOUSAND UNITS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL CLOUD BASED VIDEO CONFERENCING SOLUTIONS MARKET BY REGION, USD BILLION, 2021
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 CISCO: COMPANY SNAPSHOT
FIGURE 17 ZTE: COMPANY SNAPSHOT
FIGURE 18 MICROSOFT: COMPANY SNAPSHOT
FIGURE 19 ZOOM: COMPANY SNAPSHOT
FIGURE 20 GOOGLE: COMPANY SNAPSHOT
FIGURE 21 BLUEJEANS: COMPANY SNAPSHOT
FIGURE 22 KEDACOM: COMPANY SNAPSHOT
FIGURE 23 AVAYA: COMPANY SNAPSHOT
FIGURE 24 VIDYO: COMPANY SNAPSHOT
FIGURE 25 NEC CORP: COMPANY SNAPSHOT
FIGURE 26 ARKADIN: COMPANY SNAPSHOT
FAQ
The cloud based video conferencing solutions market is expected to grow at 18.08% CAGR from 2022 to 2029. It is expected to reach above USD 14.84 Billion by 2029 from USD 3.33 Billion in 2020.
North America held more than 39% of the cloud based video conferencing solutions market revenue share in 2021 and will witness expansion in the forecast period.
The market for cloud-based video conferencing solutions is being propelled by a number of factors, such as the growing need for remote work, the need for affordable communication tools, and the acceleration of globalization. In addition, the development of cloud computing and fast internet connectivity has increased the usability and accessibility of video conferencing. Since remote work and virtual collaboration have become crucial for many enterprises, the COVID-19 epidemic has also contributed to the market’s expansion.
The industry has been divided into manufacturing, IT & telecom, healthcare, BFSI, and other segments based on application. Due to the widespread usage of cloud-based video conferencing by banks and other financial institutions, the BFSI category had a sizeable market share in 2021. Also, throughout the projection period, market expansion will be fueled by rising need for real-time communication between managers and staff in various departments.
North America held more than 39% of the cloud based video conferencing solutions market revenue share in 2021 and will witness expansion in the forecast period.Due to the prominence of major corporations like Zoom and Microsoft and the widespread acceptance of the remote work culture, North America has the greatest market.
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