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The global video conferencing endpoint market was USD 2.27 billion in 2017 and is expected to grow significantly over the forecast period.
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Adroit Market Research Global Video Conferencing Endpoint Global Video Conferencing Endpoint Market Market Size by Solution Type [Standard Centric (Multi Codec Appliance, Single Codec Appliance, and Executive Appliance), Service Attached [Single Codec Appliance, Reference Design Kits and Do It Yourself (DIY)], By Application (Education, Consulting, Government, Manufacturing, Financial Services, Healthcare, Energy/Utilities, and Others), By Region and Forecast 2018 to 2025 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Video Conferencing Endpoint Market Size And Forecast, 2015 Global Video Conferencing Endpoint Market Size And Forecast, 2015- -2025 2025 The global video conferencing endpoint market size is expected to reach USD 3.39 billion by 2025. Technological advancements, increasing broadband speed, growing adoption of cloud-based services and standardization are some of the key factors driving market growth. According to the Federal Communication Commission, the global average broadband speed was 7.40 Mbps between May 2016 and May 2017 and increased to 9.10 Mbps between May 2017 and May 2018. Moreover, video conferencing is witnessing a strong demand in the healthcare, education, sports and media & entertainment sectors. Standard centric and service attached single codec appliance together dominated the market by contributing 56.2% of the global video conferencing endpoint market revenues in 2017. Single codec, also known as point-to-point, is majorly used for conferencing as it comes at a lower cost as compared to multi codec systems. The adoption of cloud services in video conferencing has paved a way for reference design kits and do-it-yourself (DIY) solutions. The revenues are majorly generated from service-based models such as subscription for yearly or monthly and pay-as-you-go basis. The government sector dominated the global video conferencing endpoint market by contributing to 26.5% of the overall market value in 2017, as numerous government agencies, international organizations, and military & defense make use of video conferencing systems to communicate and discuss most of the issues. Moreover, even courtrooms are using video conferencing in many countries across the world during trials and judgments. This way the government aims to save cost on security and speed up legal processes and also solve more number of cases. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Video Conferencing Endpoint Market Size And Forecast, 2015 Global Video Conferencing Endpoint Market Size And Forecast, 2015- -2025 2025 North America dominated the global video conferencing endpoint industry in 2017 and is expected to maintain its position during the projected period. Asia Pacific is anticipated to grow at the fastest CAGR of 6.6% over the forecast period, as a result of growing demand for video conferencing hardware devices in China, India and Southeast Asian countries. India is shifting from traditional ways of communication to wireless and modern communication technology markets. The investment made by the government to improve infrastructure and develop smart cities is expected to drive the demand for video conferencing endpoint market. The global video conferencing endpoint market is concentrated with the presence of major players across the globe. Global companies are acquiring locally established players in order to establish their presence in different geographies. For instance, in January 2016, Cisco acquired Acano Limited, a company based in London, UK. Acano was the provider of cloud-based and on-premises collaboration software and video infrastructure. Cisco has been the major player in the endpoint market leading the way with other major players including Polycom, Inc., Avaya, Huawei Technologies Co., Ltd., ZTE Corporation, Starleaf, Yealink Inc., Lifesize, Inc., Vidyo, Inc., Tely Labs, Inc., and Kedacom. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/video-conferencing- endpoint-market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Segment Overview of Global Video Conferencing Segment Overview of Global Video Conferencing Endpoint Market Endpoint Market Solution Type Overview, 2015-2025 (USD Million) Standard Centric Multi Codec Appliance Single Codec Appliance Executive Appliance Service Attached (Hardware) Single Codec Appliance Reference Design Kits and Do It Yourself (DIY) Application Overview, 2015-2025 (USD Million) Education Consulting Government Manufacturing Financial Services Healthcare Energy/Utilities Others +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Segment Overview of Global Video Conferencing Segment Overview of Global Video Conferencing Endpoint Market Endpoint Market Regional Overview, 2015-2025 (USD Million) • North America • Europe • Asia Pacific • South America • Middle East & Africa Purchase a single user copy of the global Video Conferencing Endpoint Market report@ https://www.adroitmarketresearch.com/researchreport/purchase/69 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
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