According to a new industry research report published by Credence Research “Video Conferencing (Corporate Enterprises, Healthcare, Government & Defense, Education, Media & Entertainment and Others (Retail, Manufacturing and Residential)) industry – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global video conferencing industry was valued at US$ 3,967.6 Mn in 2014 and is estimated to expand with a CAGR of 8.6% from 2015 to 2022.
Browse the full report at http://www.credenceresearch.com/report/video-conferencing-market
Industry Insights
Video conferencing refers to video communication among two or more participants in real-time. With the rising globalization of business organizations globaly, need for flexible, scalable and cost effective communication techniques has grown substantially since the past few years. Video conferencing is a viable solution for organizations to organize online conference thereby eliminating the costs related to traveling and accommodation. Likewise, video conferencing acts as a boon for business entities having multiple geographical locations requiring frequent collaboration.st
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Video conferencing solutions are available both; on-premise as well as cloud-based. Video conferencing vendors also offer managed solutions with an intent of delivering more feasible and cost-effective solution to consumers. As a result, the industry is witnessing a paradigm shift towards cloud-based solutions due to their low costs as compared to the on-premise deployment. Corporate enterprises and government & defense are the largest consumer segments for these solutions. Due to growing penetration of video conferencing solutions across these segments globaly, advanced solutions such as high definition (HD) video conferencing services are likely to become popular in the coming years.
Browse the full report at http://www.credenceresearch.com/report/video-conferencing-market
Competitive Insights
The global video conferencing industry is highly consolidated in nature with few major players accounting for more than 60% of the total industry revenue. Major companies dominating the industry include Cisco Systems, Inc., Polycom, Inc. and Huawei Technologies Co., Ltd. Some of the other prominent players in the industry are ZTE Corporation, Microsoft Corporation, Vidyo, Inc. and Avaya, Inc. The industry is largely technology driven and hence highly competitive in nature. Thus, most of these players focus on offering viable and cost-effective solutions in order to sustain in the industry. As a part of providing advanced solutions, video conferencing vendors focus on delivering cloud-based and high quality video services.
Key Trends
About Us:
Credence Research is a globaly industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a globaly firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our globaly nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Browse the full report at http://www.credenceresearch.com/report/video-conferencing-market
Industry Insights
Video conferencing refers to video communication among two or more participants in real-time. With the rising globalization of business organizations globaly, need for flexible, scalable and cost effective communication techniques has grown substantially since the past few years. Video conferencing is a viable solution for organizations to organize online conference thereby eliminating the costs related to traveling and accommodation. Likewise, video conferencing acts as a boon for business entities having multiple geographical locations requiring frequent collaboration.st
Request For Sample: http://www.credenceresearch.com/sample-request/57718
Video conferencing solutions are available both; on-premise as well as cloud-based. Video conferencing vendors also offer managed solutions with an intent of delivering more feasible and cost-effective solution to consumers. As a result, the industry is witnessing a paradigm shift towards cloud-based solutions due to their low costs as compared to the on-premise deployment. Corporate enterprises and government & defense are the largest consumer segments for these solutions. Due to growing penetration of video conferencing solutions across these segments globaly, advanced solutions such as high definition (HD) video conferencing services are likely to become popular in the coming years.
Browse the full report at http://www.credenceresearch.com/report/video-conferencing-market
Competitive Insights
The global video conferencing industry is highly consolidated in nature with few major players accounting for more than 60% of the total industry revenue. Major companies dominating the industry include Cisco Systems, Inc., Polycom, Inc. and Huawei Technologies Co., Ltd. Some of the other prominent players in the industry are ZTE Corporation, Microsoft Corporation, Vidyo, Inc. and Avaya, Inc. The industry is largely technology driven and hence highly competitive in nature. Thus, most of these players focus on offering viable and cost-effective solutions in order to sustain in the industry. As a part of providing advanced solutions, video conferencing vendors focus on delivering cloud-based and high quality video services.
Key Trends
- Shift towards cloud-based video conferencing solutions
- Focus on healthcare industry due to increasing adoption of video conferencing solutions in the segment
- Introduction of high quality video conferencing solutions comprising HD video service
About Us:
Credence Research is a globaly industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a globaly firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our globaly nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
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