Video Conferencing Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Cisco(Tandberg), Polycom, Huawei, ZTE, Avaya (Radvision), Lifesize, Vidyo

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Video Conferencing Equipment market is expected to register a phenomenal CAGR of 11.4% during the review period (2022 to 2027).

Video Conferencing Equipment Market Overview

Video conferencing sessions are real-time visual sessions between one or more participants. The integration of developed technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud technology is expected to drive market growth in the near future. Furthermore, the growing need for video communication, virtual workforce management, and cloud-based collaboration platform are some of the major factors impacting the market growth. Organizations and corporations are adopting video collaboration solutions with the aim to make faster decisions and avoid high costs associated with traveling. Further, increasing demand for remote learning is anticipated to drive market growth.The growing trend of deploying video banking solutions, as a result of the increasing prevalence of online and mobile banking among customers, is predicted to boost the growth of the video conferencing Equipment market trends. Customers may save time and money by using video banking options. Furthermore, video banking enables end-users to safely engage with faraway clients and coworkers, enhancing operational efficiency. As a result, visual communication solutions are increasingly being used by loan officers, customer service personnel, financial advisers, and others in the banking and finance industry. To meet the growing demand for video financial services in the banking and financial sector, key providers are developing new products.

Recent Development

Huawei unveilings video conferencing solution in APAC - Huawei’s global video conferencing solution HUAWEI CLOUD Meeting has rolled out in the Asia Pacific region, connecting remote workers, customers and partners during the ongoing pandemic.

Huawei APAC president of cloud and AI, Daniel Zhou, says that the company continues to invest in core audio and video capabilities for collaboration, operational efficiency, and faster decision making.

What are the major Applications, Types and Regions for Video Conferencing Equipment Market?

By Type, it is segmented into

• Collaboration Room Endpoint


• Collaboration Personal Endpoint

By Applications, it is segmented into

• Education - Public/Private


• Consulting/Professional Services


• Government


• Manufacturing


• Financial Services

Video Conferencing Equipment Market Regional Analysis

All these factors greatly affect the Video Conferencing Equipment market growth. It further aims at providing a complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

North America subject the market for video conferencing in 2021 and acquired a revenue share of over 39%. The regional market is mature in terms of the adoption of video conferencing solutions. The Asia Pacific is anticipated to grow exponentially during the forecast period. The growth is attributable to the increasing demand for video collaboration solutions for advanced automation processes in the research and education sectors.

What is our Video Conferencing Equipment Market report scope?

Key Takeaways from this Video Conferencing Equipment Report

• Evaluate Video Conferencing Equipment market potential by analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at the country level - for product types, end-use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Video Conferencing Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than the top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Video Conferencing Equipment Market is studied from 2017 - 2027.

 What is the growth rate of Video Conferencing Equipment Market?

The Video Conferencing Equipment Market is growing at a CAGR of 11.4% over the next 5 years.

What regions does this Video Conferencing Equipment Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.