Web conferencing is defined as the real-time sharing of computer screens, individual applications, or web-based content among two or more digital devices. It was designed as an upgraded audio bridge with pictures that made possible to share presentations with audio participants located around the globe. It has several features such as recording and presenting a video, setting up and conducting meetings amongst others.
This report identifies the Web Conferencing market size in terms of value for the year 2017-2021, and forecast of the same for year 2022. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Web Conferencing market.
This report has been divided based on type which includes meetings, presentations and collaborations.
This report also includes Web Conferencing market by end-use Industries which includes BFSI, IT, Education, Healthcare, Manufacturing and Others.
This report has been further segmented into major regions, which includes detailed analysis of each region such as Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). Country level markets for each of the regions are also analyzed and determined.
The major countries considered under the Americas region are Argentina, Brazil and the North American region. The major countries considered under the Asia-Pacific region are China, Japan, India, South Korea and others. The major countries considered under the European region are United Kingdom, France, Germany and others.
Globally demand for web conferencing is expected to witness growth in the upcoming future due to need for increasing productivity and social networking, globalization and growing awareness of user-friendly services. The major factor restraining the substantial growth of web conferencing market is the growing emergence of alternative products to web conferencing services. Shortcoming in the accessibility of web conferencing environment is the major challenge in the web conferencing market. North America and Europe has the highest market shares by value in global web conferencing market and Asia Pacific region is projected to have a significant growth during the forecast period.
This market research report includes in depth analysis of web conferencing in each application and in the regional segment separately to provide in depth view of key insights and market scenario. Forecasts are also provided for all the market segments for the period 2017-2022.
This report also includes detailed profiling of following the major players in the global web conferencing market:
- Microsoft Corporation
- Google Inc.
- Cisco Systems Inc.
- Adobe Systems Inc.
- IBM Corporation