Meeting Apps Market by Component (Hardware, Solutions, Services), Application (Corporate Communications, Training and Developments, Marketing and Client Engagement), Vertical (Banking, Financial Services and Insurance, IT and Telecom, Healthcare and Life science, Education, Media and Entertainment), Deployment Mode (Cloud, On-Premise), and Region, Global trends and forecast from 2019 to 2028

Published on: Mar 2022
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Number Of Pages:145

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Market Size	CAGR	Dominating Region
USD 33.32 billion	20%	North America

by Component	by Vertical	by Deployment Mode	by Application
Solutions Services Hardware	Banking, Financial Services, And Insurance It And Telecom Healthcare And Lifesciences Media And Entertainment Education	Cloud On-Premise	Corporate Communications Training And Developments Marketing And Client Engagement

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Meeting Apps Market Overview

The global meeting apps market size to grow from USD 6.45 billion in 2019 to USD 33.32 billion by 2028, at a CAGR of 20% during the forecast period.

Virtual meeting software facilitated participants to engage in or host online meetings in real-time. This software empowered remote interaction through online video, VoIP, instant messaging, screen sharing, and file sharing. The amalgamation of virtual meeting solutions with cutting-edge technologies like Artificial Intelligence (AI), Internet of Things (IoT), and cloud-based virtual reality (VR) was anticipated to propel market growth. Additionally, factors such as the escalating demand for visual communication due to globalization in businesses worldwide, the management of remote workforces, and the increasing penetration of the internet were influencing market expansion.

The COVID-19 pandemic had a profound impact on work cultures across various industry sectors. The product experienced heightened demand as numerous enterprises embraced the Work-From-Home (WFH) policy. The imposition of stay-at-home mandates led to increased opportunities for providers of virtual meeting solutions. According to Microsoft Corporation, in 2020, Microsoft Teams exceeded approximately 44 million daily active users, as businesses utilized the digital platform to sustain their operations during the pandemic. The surge in adoption of virtual conferences, meetings, gatherings, exhibitions, and similar events drove the demand for immersive meeting solutions.

Meeting Apps Market | Exactitude Consultancy

The burgeoning adoption of 5G infrastructure was anticipated to expedite the growth of the virtual meeting software market. The widespread deployment of 5G connectivity fueled the demand for virtual meeting platforms such as Virtway Events and MootUp, among others, for hosting online meetings. 5G-enabled virtual event software facilitated the production of premium-quality 3D content, including augmented and virtual reality experiences, incorporating advanced features such as AR broadcast, motion capture, and volumetric capture. 5G services offered high speed, seamless connectivity, ultra-low latency, and high bandwidth capable of accommodating a large volume of data for multiple simultaneous end-users. Key market players were strategizing to introduce advanced software and services leveraging the 5G network.

Meeting Apps Market Segment Analysis

The global virtual meeting software is segmented on the basis of component, deployment mode, vertical, and region. Based on the component, the market has been divided into solutions and services. Among these, the solution segment is estimated to hold the largest video market share which can be attributed to the rising demand for video collaboration solutions such as Zoom, Skype, Microsoft Teams, and others in various industries. Based on the deployment segment, the market is divided into the cloud and on-premises. The on-premises segment is projected to account for larger market share.

Meeting Apps Market Players

The major players include Adobe, Avaya Inc., Cisco Systems, Inc., Google LLC, Huawei Technologies Co., Ltd., Lifesize, Inc., LogMeIn, Inc, Microsoft Corporation, Ring Central, Inc., Zoom Video Communications, Inc., and Plantronics.

Adobe Connect preserves the interactive design of your live meetings into recordings. It allows viewers to access web links, download files and participate in polls, quizzes and simulations, just like in a live session.
Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.
Zoom Video Communications, Inc. develops a people-centric cloud service that transforms real-time collaboration experience.

Who Should Buy? Or Key Stakeholders

Software Companies
Computer Networking Companies
Communication Industry
Investors
Technology companies
End user companies
Networking Hardware Companies

Meeting Apps Market Regional Analysis

The global electric motor 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

Its major share is occupied by North America, it holds 40% of the market. North American meeting apps market has shown significant market share due to the increase in demand for visual meetings and continuous access to high-quality internet across North American countries.

Key Market Segments: Meeting Apps Market

Meeting Apps Market by Component, 2019-2028, (In USD Million)

Solutions
Services
Hardware

Meeting Apps Market by Vertical, 2019-2028, (In USD Million)

Banking, Financial Services, And Insurance
It And Telecom
Healthcare And Lifesciences
Media And Entertainment
Education

Meeting Apps Market by Deployment Mode, 2019-2028, (In USD Million)

Cloud
On-Premise

Meeting Apps Market by Application, 2019-2028, (In USD Million)

Corporate
Communications
Training And Developments
Marketing And Client Engagement

Meeting Apps Market by Region, 2019-2028, (In USD Million)

North America
Europe
Asia Pacific
South America
Middle East And Africa

Important countries in all regions are covered.

Key Question Answered

What are the growth opportunities related to the adoption of meeting apps across major regions in the future?
What are the new trends and advancements in the meeting apps market?

Which product categories are expected to have highest growth rate in the meeting apps market?

Which are the key factors driving the meeting apps market?
What will the market growth rate, growth momentum or acceleration the market carries during the forecast period?

1. Introduction
  - Market Definition
  - Market Segmentation
  - Research Timelines
  - Assumptions and Limitations
2. Research Methodology
  1. Data Mining
    1. Secondary Research
    2. Primary Research
    3. Subject-Matter Experts’ Advice
  2. Quality Checks
    1. Final Review
  3. Data Triangulation
    1. Bottom-Up Approach
    2. Top-Down Approach
    3. Research Flow
  4. Data Sources
3. Executive Summary
4. Market Overview
  1. Global Meeting Apps Market Outlook
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  2. Impact of Covid-19 On Global Meeting Apps Market
5. Global Meeting Apps Market by Component, (USD Million)
  1. Solutions
  2. Services
  3. Hardware
6. Global Meeting Apps Market by Application, (USD Million)
  1. Corporate
  2. Communications
  3. Training and developments
  4. Marketing and client engagement
7. Global Meeting Apps Market by Vertical, (USD Million)
  1. Banking, Financial Services, And Insurance
  2. IT and Telecom
  3. Healthcare and Life Sciences
  4. Media and Entertainment
  5. Education
8. Global Meeting Apps Market by Deployment Mode, (USD Million)
  1. Cloud
  2. On-Premise
9. Global Meeting Apps Market by Region, (USD Million)
  1. Introduction
  2. Asia-Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
    6. South-East Asia
    7. Rest of Asia-Pacific
  3. North America
    1. United States
    2. Canada
    3. Mexico
  4. Europe
    1. Germany
    2. United Kingdom
    3. France
    4. Italy
    5. Spain
    6. Russia
    7. Rest of Europe
  5. South America
    1. Brazil
    2. Argentina
    3. Colombia
    4. Rest of South America
  6. Middle East and Africa
    1. UAE
    2. Saudi Arabia
    3. South Africa
    4. Rest of Middle East and Africa
1. Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
  1. Adobe
  2. Avaya Inc.
  3. Cisco Systems, Inc.
  4. Google LLC
  5. Huawei Technologies Co. Ltd.
  6. Lifesize, Inc.
  7. LogMeIn, Inc
  8. Microsoft Corporation
  9. Ring Central, Inc.
  10. Zoom Video Communications, Inc.
  11. Plantronics
  12. Others *The Company List Is Indicative
LIST OF TABLES

TABLE 1                 GLOBAL MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 2                 GLOBAL MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 3                 GLOBAL MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 4                 GLOBAL MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 5                 GLOBAL MEETING APPS MARKET BY REGION (USD MILLIONS) 2019-2028

TABLE 6                 US MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 7                 US MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 8                 US MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 9                 US MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 10              CANADA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 11              CANADA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 12              CANADA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 13              CANADA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 14              MEXICO MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 15              MEXICO MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 16              MEXICO MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 17              MEXICO MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 18              BRAZIL MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 19              BRAZIL MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 20              BRAZIL MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 21              BRAZIL MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 22              ARGENTINA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 23              ARGENTINA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 24              ARGENTINA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 25              ARGENTINA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 26              COLOMBIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 27              COLOMBIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 28              COLOMBIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 29              COLOMBIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 30              REST OF SOUTH AMERICA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 31              REST OF SOUTH AMERICA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 32              REST OF SOUTH AMERICA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 33              REST OF SOUTH AMERICA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 34              INDIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 35              INDIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 36              INDIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 37              INDIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 38              CHINA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 39              CHINA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 40              CHINA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 41              CHINA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 42              JAPAN MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 43              JAPAN MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 44              JAPAN MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 45              JAPAN MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 46              SOUTH KOREA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 47              SOUTH KOREA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 48              SOUTH KOREA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 49              SOUTH KOREA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 50              AUSTRALIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 51              AUSTRALIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 52              AUSTRALIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 53              AUSTRALIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 54              SOUTH-EAST ASIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 55              SOUTH-EAST ASIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 56              SOUTH-EAST ASIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 57              SOUTH-EAST ASIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 58              REST OF ASIA PACIFIC MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 59              REST OF ASIA PACIFIC MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 60              REST OF ASIA PACIFIC MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 61              REST OF ASIA PACIFIC MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 62              GERMANY MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 63              GERMANY MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 64              GERMANY MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 65              GERMANY MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 66              UK MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 67              UK MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 68              UK MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 69              UK MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 70              FRANCE MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 71              FRANCE MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 72              FRANCE MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 73              FRANCE MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 74              ITALY MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 75              ITALY MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 76              ITALY MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 77              ITALY MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 78              SPAIN MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 79              SPAIN MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 80              SPAIN MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 81              SPAIN MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 82              RUSSIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 83              RUSSIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 84              RUSSIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 85              RUSSIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 86              REST OF EUROPE MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 87              REST OF EUROPE MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 88              REST OF EUROPE MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 89              REST OF EUROPE MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 90              UAE MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 91              UAE MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 92              UAE MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 93              UAE MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 94              SAUDI ARABIA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 95              SAUDI ARABIA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 96              SAUDI ARABIA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 97              SAUDI ARABIA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 98              SOUTH AFRICA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 99              SOUTH AFRICA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 100            SOUTH AFRICA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 101            SOUTH AFRICA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

TABLE 102            REST OF MIDDLE EAST AND AFRICA MEETING APPS MARKET BY APPLICATION (USD MILLIONS) 2019-2028

TABLE 103            REST OF MIDDLE EAST AND AFRICA MEETING APPS MARKET BY COMPONENT (USD MILLIONS) 2019-2028

TABLE 104            REST OF MIDDLE EAST AND AFRICA MEETING APPS MARKET BY VERTICAL (USD MILLIONS) 2019-2028

TABLE 105            REST OF MIDDLE EAST AND AFRICA MEETING APPS MARKET BY DEPLOYMENT MODE (USD MILLIONS) 2019-2028

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 MEETING APPS MARKET BY COMPONENT, USD MILLION, 2019-2028

FIGURE 9             GLOBAL MEETING APPS MARKET BY APPLICATION, USD MILLION, 2019-2028

FIGURE 10           GLOBAL MEETING APPS MARKET BY VERTICAL, USD MILLION, 2019-2028

FIGURE 11           GLOBAL MEETING APPS MARKET BY DEPLOYMENT MODE, USD MILLION, 2019-2028

FIGURE 12           GLOBAL MEETING APPS MARKET BY REGION, USD MILLION, 2019-2028

FIGURE 13           PORTER’S FIVE FORCES MODEL

FIGURE 14           GLOBAL MEETING APPS MARKET BY COMPONENT, 2020

FIGURE 15           GLOBAL MEETING APPS MARKET BY APPLICATION 2020

FIGURE 16           GLOBAL MEETING APPS MARKET BY VERTICAL 2020

FIGURE 17           GLOBAL MEETING APPS MARKET BY DEPLOYMENT MODE 2020

FIGURE 18           MEETING APPS MARKET BY REGION 2020

FIGURE 19           MARKET SHARE ANALYSIS

FIGURE 20           ADOBE: COMPANY SNAPSHOT

FIGURE 21           AVAYA: COMPANY SNAPSHOT

FIGURE 22           CISCO SYSTEMS: COMPANY SNAPSHOT

FIGURE 23           GOOGLE: COMPANY SNAPSHOT

FIGURE 24           HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT

FIGURE 25           LIFESIZE INC: COMPANY SNAPSHOT

FIGURE 26           LOGMEIN: COMPANY SNAPSHOT

FIGURE 27           MICROSOFT CORPORATION: COMPANY SNAPSHOT

FIGURE 28           RING CENTRAL INC: COMPANY SNAPSHOT

FIGURE 29           ZOOM VIDEO COMMUNICATIONS: COMPANY SNAPSHOT

FIGURE 30           PLANTRONICS: COMPANY SNAPSHOT

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