Professionals 225 Users Online

Video Conferencing Endpoints And Infrastructure Market

Global Market Study on Video Conferencing: Rising Trend of Mobile Video Conferencing Boosting Market Growth

Demand for the video conferencing endpoints and infrastructure market in Europe region held a 23.2% value share in the global market in 2022.

Video Conferencing Endpoints and Infrastructure Market Outlook (2023-2033)

As of 2022, global demand for the video conferencing endpoints and infrastructure market valued US$ 10,129.5 Mn and is forecasted to have a sales revenue of US$ 42,656.4 Mn by the end of 2033. The video conferencing endpoints and infrastructure market is estimated to be US$ 11,421.1 Mn by 2023, and is predicted to grow at a CAGR of 12.5%.

Video conferencing is a kind of virtual, online conference in which two or more people communicate in real time via a video and audio connection. Video conferencing has been around for a while, but its popularity increased as school and work moved into the house during the 2020 pandemic.

Desktop video conferencing is a crucial part of unified communications platforms in the business world, which also has calling and texting features. A large number of vendors also offer standalone on-premises and cloud-based video conferencing platforms that may be integrated into commercial applications like telehealth, customer service, and distant learning. These platforms support desktop and room-based video.

The widespread use of cloud-based services makes it possible for businesses to employ video conferencing with little initial outlay and to benefit from quickly developing AI-powered capabilities that enhance audio and video quality.

The market in North America held the largest market share of 35.5% in 2022 and is expected to retain its dominant position throughout the forecast period and demand for the video conferencing endpoints and infrastructure market in Europe region held a 23.2% value share in the global market in 2022.

Video Conferencing Endpoints And Infrastructure Market Size (2022)

US$ 10,129.5 Mn

Projected Market Value (2033)

US$ 42,656.4 Mn

Global Market Growth Rate (2023-2033)

12.5%

Hardware Market Share (2022)

47.3%

US Market Share (2022)

19.2%

Video Conferencing for Enterprise Application Market Share (2022)

65.4%

Sample Report

FREE Report Sample is Available

In-depth report coverage is now just a few seconds away

Download PDF Get FREE Report Sample

What Are the Major Factors Driving Video Conferencing Sales?

“One of the Major Factors Driving Video Conferencing Sales Is the Growing Popularity of Remote Work”

The trend toward remote work, geographically dispersed business activities, and growing globalisation are the main drivers of this rise. Additionally, the expanding market is being fuelled by the rising demand for video conferencing solutions in the healthcare and education sectors. Due to the rapid increase in the usage of video and teleconferencing systems over the past few years, the business has experienced tremendous growth, particularly during the COVID-19 epidemic that followed the lockdown limitations.

Custom Report Cover

Make This Report Your Own

Take Advantage of Intelligence Tailored to your Business Objective

> Get a Customized Version

Which Factor Is Driving the Opportunity in The US for Video Conferencing Sales?

“Rising Focus of businesses on Controlling Communication Costs is Driving the Demand for Video Conferencing in US Market”

Due to a higher adoption rate in the US, the video conferencing endpoints and infrastructure market held a revenue share of over 35.5% in 2022. The market is anticipated to increase as a result of the rising demand for high-quality internet and visual meeting services. Additionally, the strong regional presence of several key competitors and the expanding popularity of bring your own device (BYOD) solutions, which has increased demand for webcams and headphones, are propelling market expansion.

Due to these reasons, in 2022, the US video conferencing endpoints and infrastructure market companies helped the country to account for a dominant share of 19.2% in the global marketplace.

Market Research Methodology

Market Research Methodology

-Perfect through Years of Diligence

Check Research Methodology

Which Countries in Asia Have the High Global CAGR for The Video Conferencing Endpoints and Infrastructure Market?

“India has high global CAGR for Video Conferencing Endpoints and Infrastructure Market”

One of the major factors driving video conferencing sales is the growing popularity of cloud based services. According to the assessments of Amazon Web Services, Inc., small and medium enterprises are expected to drive their cloud business in India in 2022. Thereby driving the market for video conferencing in Asia.

With the adoption of new work methods by regional organisations, the Asia Pacific video conferencing endpoints and infrastructure market is anticipated to grow at a considerable CAGR through 2033. Numerous businesses were forced to use remote working due of the COVID-19 epidemic, which aided in the growth of high-quality internet infrastructure in the area. As a result, there was a sharp increase in demand in the area for accessories, collaboration tools, and video conferencing hardware.

Additionally, the development of mobile broadband technologies, such as WiMAX and high-speed downlink packed-access (HSDPA) networks in nations like India and Japan, would hasten the market's expansion. The CAGR for India's adoption of video conferencing endpoints and infrastructure markets is predicted to be around 15.5%.

Sales Team

Sales Team
Client Partner

Let's Connect

Connect me to identify winning opportunities

Ask An Expert
I'm Available

Which Countries in Europe Have the High Global Markets Share for Video Conferencing Endpoints and Infrastructure Market?

“Germany Holds High Global Market Share in Europe Region”

The industry has significant growth opportunities owing to the emergence of conferencing systems based on machine learning and artificial intelligence (AI). By utilising facial recognition and virtual assistant technology, these solutions enable businesses to maximise the use of collaboration platforms and increase meeting productivity. Organizations can learn more about the perfect meeting size, ideal meeting duration, and best meeting time of day with the use of AI in conferencing systems. The NVIDIA Maxine platform, which offers a cloud-based selection of GPU-powered AI video conferencing software to enhance the streaming video, was introduced by NVIDIA Corporation in October 2020.

Due to such reasons, the video conferencing endpoints and infrastructure market for Germany in 2022 held a market share of 12.1% in the global video conferencing endpoints and infrastructure market.

Category-wise Insights

Which Product Segment of the Video Conferencing Endpoints and Infrastructure Market Holds the Largest Market Share?

“Large Enterprises Segment is Expected to Hold the Larger Market Share”

In 2022, the large enterprises market category had a revenue share of more than 75.5% due to the fact that these companies mainly use video conferencing services for cross-border business communications. Whereas, medium-sized enterprise segment is anticipated to experience a noteworthy CAGR of about 16.2% over the following few years as they come to appreciate the value of collaboration and conferencing, particularly in the wake of the COVID-19 epidemic.

Moreover, as companies and their employees look for new ways to work and collaborate in the hybrid environment, companies like HP and Poly have announced their merger. About 75% of office workers are making investments to upgrade their living arrangements. With a focus on meeting room solutions, conventional office spaces are also being renovated to facilitate hybrid work and collaboration. Thereby driving the market growth.

Why is the Video Conferencing for Enterprise Segment Hold a Large Market?

“Rising Sale of Video Conferencing for Enterprise Use”

In 2022, it was estimated that the enterprise application segment will account for 75% of the market share with a CAGR of more than 14.2% over the forecast period

The market is split into two applications: enterprise and consumer. The enterprise segment is estimated to have a larger market share. The larger market share is due to the increased demand for conference video endpoints, which are hardware devices installed and set up in conference rooms. Prior to the pandemic, it was anticipated that enterprise-based video conferencing solutions would experience greater growth due to increasing product use as a tool for internal communication and collaboration.

However, the pandemic prompted an increase in the purchase of consumer-grade solutions, which in turn prompted market participants to add improved features to their goods and services in order to draw in a wider clientele. For instance, Logitech introduced its first pair of TWS earphones in September 2021, which were created especially for the burgeoning work from home market. The brand-new TWS earphones can pair with cellphones and laptops at the same time.

Competitive Landscape

Companies in the market are focusing on new product development and strategic partnerships with several other vendors in order to expand their portfolios and meet the demands of a growing customer base. In this landscape, the development of new products and business alliances are critical.

Vendors are differentiating themselves in response to growing market demands and competition by adding new features and capabilities as well as integrating with other platforms and products to enable smooth workflow, enhance user experience, and better communication and collaboration. Organizations are beginning to invest in more sophisticated teaming and collaboration technology, such as real-time analytics, low-code/no-code, AR/VR, and smart whiteboarding, in addition to fundamental collaboration tools. To support the hybrid workforce, collaboration solutions are expected to be increasingly intelligent, immersive, and democratised.

  • In August 2022, HP completed the acquisition of Poly, a leading global provider of workplace collaboration solutions. The acquisition will position the combined company for long-term sustainable growth and value creation, accelerate HP's ambition to build a more growth-oriented portfolio, and further reinforce its industry opportunity in hybrid work solutions.
  • In September 2021, Zoom Video Communications, Inc. and Amazon Web Services (AWS) Marketplace partnered to provide video conferencing services to clients in the state, federal, and local governments.

Recent developments related to key players providing the video conferencing endpoints and infrastructure market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.

Video Conferencing Endpoints And Infrastructure Market Report Scope

Attribute

Details

Forecast Period

2023-2033

Historical Data Available for

2018-2022

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • GCC Countries

Key Market Segments Covered

  • Component
  • Organization Size
  • Application
  • Industry
  • Region

Key Companies Profiled

Pricing

Available upon Request

Key Segments of Video Conferencing Endpoints and Infrastructure Market Research

By Component:

  • Hardware
  • Software
    • Cloud
    • On-premise
  • Services
    • Professional Services
    • Manages Services

By Enterprise Size:

  • SME
  • Large Enterprises

By Application:

  • Consumer
  • Enterprise

By Industry:

  • BFSI
  • IT & Telecom
  • Healthcare
  • Education
  • Media & Entertainment
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

- Companies Covered in This Report -

  • Avaya, Inc
  • Cisco Systems, Inc.
  • Microsoft Corporation
  • Plantronics, Inc.
  • Zoom Video Communications, Inc.
  • Huawei Technologies Co., Ltd
  • Polycom Inc.
  • AWS
  • Google, LLC
  • HP
  • Qumu Corporation
  • Sonic Foundry Inc.
  • Lifesize, Inc.
  • Kaltura Inc.
  • BlueJeans Network

- Frequently Asked Questions -

In 2022, demand for the video conferencing endpoints and infrastructure market amounted to US$ 10,129.5 Mn.

The global video conferencing endpoints and infrastructure market is estimated to grow at a CAGR of 12.5% over the forecast period.

The market for video conferencing endpoints and infrastructure market is forecasted to have a market value of US$ 42,656.4 Mn by 2033.

Demand for the video conferencing endpoints and infrastructure market in India is projected to rise at 15.5% CAGR over the forecast period.

In 2022, North America video conferencing endpoints and infrastructure market held a dominant market share of 35.5%.

This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy
Google translate