Video Conferencing Market COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast 2029

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Video Conferencing Market was valued at USD 4.98 Billion in 2022, and it is expected to reach USD 9.05 Billion by 2029, exhibiting a CAGR of 8.9% during the forecast period (2023-2029)

Video Conferencing Market Overview:

The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Video Conferencing Market suppliers in the forecast period through 2029. The Maximize Market Research, an Video Conferencing market research firm, has served more than 600 clients across the world since 2018.

Video Conferencing Market Scope:

The report provides current Video Conferencing market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Video Conferencing market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Video Conferencing market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Video Conferencing market research report.

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Video Conferencing Market Segmentation:

by Component


In 2022, the hardware sector had the highest share (47%), component by component. The development is being aided by laptops, cell phones, and desktop computers equipped with high-definition cameras, microphones, and speakers. In 2020, several businesses will adopt the work-from-home paradigm, which has decreased demand for and spending on enterprise-based hardware. 

by Deployment Mode


In 2022, the on-premise segment, which was based on deployment, held the greatest proportion, at 47%. This is because on-premise deployment is becoming more and more common among large businesses as a result of growing concerns over data theft and efficient information security system maintenance.

by Enterprise Size

Large Enterprises
Small & medium enterprises

In 2022, the large enterprises segment had the highest share (77%), according to enterprise size. Large organizations are the ones who use video conferencing services the most frequently since they need reliable and secure solutions. Corporate network performance is a top priority for large organizations, which also use cutting-edge technology like SD-WAN. 

by Application


In 2022, the enterprise category had the highest share (84%), according to the application. Conference video endpoints that are installed, deployed, and set up in conference rooms and boardrooms are a part of room-based hardware solutions.

by End-Use


The company's rise may be ascribed to the quick expansion of the cloud-based communication and collaboration software sector, which has opened up the market for new entrants, and the sector by end-user, the corporate segment held the greatest share of 28% in 2022.

Table of Content: Video Conferencing Market

Part 01: Executive Summary

Part 02: Scope of the Video Conferencing Market Report

Part 03: Global Video Conferencing Market Landscape

Part 04: Global Video Conferencing Market Sizing

Part 05: Global Video Conferencing Market Segmentation 

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Players are:

1. Cisco Systems
2. Verizon Communications
3. Polycom Inc.
4. Alphabet Inc.
5. Adobe Systems
6. Microsoft Corporation
7. Vidyo Inc.
8. Zoom Video Communication
9. Logitech International S.A.
10. Panasonic Corporation
11. ZTE Corporation
12. Fuze Inc.
13. Huawei Technologies Co.
14. Avaya Inc.
15. Facebook, Inc.
16. Lifesize Inc.
17. StarLeaf
18. Google
19. AWS
20. LogMeIn
21. Enghouse Systems
22. Pexip
23. Sonic Foundry
24. Kaltura

Regional Analysis:

Video Conferencing Region dominated the Video Conferencing Market in 2022 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Video Conferencing Market growth in the region. The Video Conferencing market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.

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Key Questions answered in the Video Conferencing Market Report are:

  • What is Video Conferencing Market?
  • What is the forecast period of the Video Conferencing Market?
  • What is the competitive scenario of the Video Conferencing market?
  • Which region held the largest market share in the Video Conferencing Market?
  • What are the opportunities for the Video Conferencing Market?
  • What factors are affecting the Video Conferencing market growth?
  • Who are the key players of the Video Conferencing market?
  • Which company held the largest share in the Video Conferencing market?
  • What will be the CAGR of the Video Conferencing market during the forecast period?
  • What key trends are likely to emerge in the Video Conferencing market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue| 2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Video Conferencing Market
  • Landscape- Leading key players and other prominent key players

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:


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Chicago, IL, 60606, USA.

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