Video conferencing is the
telecommunication technologies allowing two or more persons at different
locations to communicate by simultaneous two-way audio and video
transmissions. Video conferencing services differ from the video call
services, video conferencing majorly help in conferencing multiple
locations over individuals. Video conferencing services providers have
to follow certain standards laid by International Telecommunications
Union (ITU) such as ITU H.320, ITU H.264 and ITU V.80. Key equipment
used in video conferencing services are microphones, conference bridges,
peripherals, cameras, external compression cards, internal compression
cards, monitors, codecs and codec boards, software for video
conferencing, desktop computers, phone links, roll-abouts and others.
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Introduction of high capacity
broadband telecommunication services is driving the adoption of video
conferencing services. The demand for video conferencing services is
increasing in industries such as media, business, education and
healthcare acting as a driver for the market. Globalization and
workforce decentralization are the business factors responsible for
extensive use of video conferencing services in businesses. However,
under developed telecommunication infrastructure in Asia Pacific and
rest of the world region are restraining the growth in these regions.
Global recessionary pressure is one of the major challenges for growth
of this market. Developing markets such as India, China and Brazil hold
immense market potential for the growth of video conferencing services
market in coming years. Rapid proliferation of the IP based video
conferencing systems and internet drives are expected to drive market in
coming years. Server message block (SMB) and integrated services for
digital network (ISDN) are the opportunities for players in this market.
Global video conferencing services
market is segmented on the basis of technology, service contract,
service type, end-use industry and geography. On the basis of technology
the conferencing services market is segmented into audio conferencing,
data conferencing, video conferencing and tele-immersion services. Video
conferencing services market is segmented on the basis of service
contract type into managed videoconferencing services, cloud based video
conferencing services, hosted videoconferencing service and mobile
cloud video conferencing.
Further, on the basis of service type
video conferencing services market is segmented into consulting service,
public room service, maintenance service, transport service and remote
training services. Video conferencing services find their applications
in various industrial sectors. Video conferencing services use two major
modes for operation such as voice activated with (VAS) and continuous
presence mode. Video conferencing services market is segmented on the
basis of end-use industry into house-hold application, government,
education industry, medicine and healthcare industry, business and
media, among others. North America currently holds the maximum market
shares on global video conferencing services market in terms of revenue
followed by Europe and Asia Pacific. In coming years developing
economies are expected to lead the video conferencing market.
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Global video conferencing services
market include key players such as Applied Global Technologies LLC,
IVCi, LLC, Level 3 Communications, Deutsche Telekom A.G., 8x8, Inc.,
SingTel Optus Pty Limited, BT Conferencing Inc., ACT Conferencing, Inc.,
Orange Business Services, AT&T Inc., Blue Jeans Network, AVI-SPL,
Inc., NTT Communications Corporation, CoroWare, Inc., Visions Connected
Netherlands BV, Reliance Globalcom Ltd., TelSpan Inc. and Vidtel, Inc.
This research report analyzes this
market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing
market players and new entrants along with detailed value chain
analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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