Global Video Conferencing Endpoints and Infrastructure Market: Overview
The video conferencing industry has entered into a transition due to the constant technological evolutions and rapid adoptions of the digitalized communication ways over past few years. Video conferencing endpoints and infrastructure is implemented for introducing the simplification in the processes and reduces the operating costs for the execution of the video conferencing. The enterprises are undergoing the increasing adoption of the video conferencing endpoints and infrastructure technology due to the global expansions of the businesses going on at the worldwide locations as per the end user in the industry. The enterprises are increasingly adopting the video conferencing endpoints and infrastructure in the meeting and conference execution.
Due to increasing competition from the global entities, the businesses and enterprises are undergoing the rapid expansions to sustain in the market, and this is automatically fuelling the installations of the video conferencing endpoints at the office locations. Also, due to this Meetings are becoming less structured, more frequent, and less formal than the traditional meetings and video conference. The organizations globally are focusing on the constant digitalization of the workplace environment, and this digital transformation strategy is contributing significantly to the increasing deployment of the video conferencing endpoints and infrastructure.
Global Video Conferencing Endpoints and Infrastructure Market: Drivers and Restraints
The global demand for the Video Conferencing Endpoints and Infrastructure is primarily driven by the increasing adoption of video-based communications across multiple meeting environments such as huddle rooms, conference rooms, desktops, open spaces, mobile devices, and others. The other driving factor responsible for increasing demand of the video Conferencing Endpoints and Infrastructure is that its integration helps the business’s to improvise the business workflow using which business operations are becoming more flexible. Also, increasing cloud-based services is fueling the demand for the Video Conferencing Endpoints and Infrastructure technology. On the other hand, higher deployment cost for Video Conferencing Endpoints and Infrastructure technology and less awareness in developing countries are the significant challenges for the growth of the Video Conferencing Endpoints and Infrastructure market over the forecast period.
Global Video Conferencing Endpoints and Infrastructure Market: Segmentation
The global market for the Video Conferencing Endpoints and Infrastructures is segmented by the types of enterprise and end-use industry
Segmentation by types of Enterprises
The Video Conferencing Endpoints and Infrastructures are offered for different organizations, and these organizations are categorized based on the number of employees or size of the organization. The types of organizations are small and medium organizations and large organizations.
Segmentation by end use industry
The Video Conferencing Endpoints and Infrastructures are offered for different end-use industries using the video conferencing endpoints and infrastructures technology for their meeting and conferences. The types of organizations are healthcare, BFSI, manufacturing, IT & Telecommunications, Government, Energy and Utility, and others.
Global Video Conferencing Endpoints and Infrastructure Market: Industry Key Players
The global vendors for video conferencing endpoints and infrastructure include:
The key players considered in the study of the Video Conferencing Endpoints and Infrastructure market are Cisco, Inc., Polycom, Inc., Huawei Technologies Co., ZTE Corporation, Avaya Inc., and others. The key players are constantly focusing on developing a new functionality and adding new features to the existing products. Also, the vendors of video conferencing endpoints and infrastructure are focusing on building extensible and open platforms along with a wide network of developer partners.
Global Video Conferencing Endpoints and Infrastructure Market: Region-wise outlook
The global market for Video Conferencing Endpoints and Infrastructure is divided by regions into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa.
Among these regions, the North America region dominates the market regarding revenue generation because of the vast technological evolutions and continuous adaptations for new technologies followed by Latin America and European countries. As, the advanced digital solution for the meeting and conferences are increasingly deployed in the different end-use industries such as healthcare, corporate areas, and others. APEJ and Japan are expected to grow at the highest CAGR due to rapid industrialization, increasing disposable income, and increasing penetration of the multinational companies in this region. MEA region is expected to grow at moderate CAGR over the forecast period, due to less adaptation rate for the new technologies.
The report covers exhaustive analysis on:
Regional analysis for Global Video Conferencing Endpoints and Infrastructure includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.