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Video Conferencing Market Share

Report ID: GMI3003
Published Date: Dec 2022
Report Format: PDF

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Video Conferencing Market Share

Avaya Inc
Cisco Systems Inc
Adobe Systems Incorporated
Google LLC
Huawei Technologies Co Ltd
Zoom Video Communications Inc
Microsoft Corporation
BlueJeans

are dominating the video conferencing industry. With remote learning and working becoming more widespread, industry participants are focusing on product innovations to expand their market presence.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of video conferencing crossed USD 25 billion in 2022 and is poised to depict over 10% CAGR from 2023 to 2032.

The telepresence type segment is slated to surpass USD 30 billion by 2032, driven by the ability of telepresence tools to emulate a physical meeting room and rising demand for immersive virtual co-working and collaboration solutions.

Asia Pacific market is expected to grow at around 15% growth rate through 2032, on account of progressive government efforts in the region to improve upon their respective communication and Internet infrastructure.

Some key contenders partaking in the global market include, Avaya Inc., Adobe Systems Incorporated, Cisco Systems, Inc., Microsoft Corporation, Google LLC, Zoom Video Communications, Inc., Huawei Technologies Co. Ltd., BlueJeans, among others.