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Saudi Arabia Video Conferencing Software Market, By Deployment Model (On-Premises, Cloud); By Enterprise Size (Small, Medium-sized, Large); By Industry Vertical (Education, Communications & Technology, Defense, Healthcare, BFSI, Others), Trend Analysis, C

Publisher BlueWeave Consulting
Published Jun 26, 2024
Length 200 Pages
SKU # BLWC19215085

Description

Saudi Arabia Video Conferencing Software Market, By Deployment Model (On-Premises, Cloud); By Enterprise Size (Small, Medium-sized, Large); By Industry Vertical (Education, Communications & Technology, Defense, Healthcare, BFSI, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


Saudi Arabia Video Conferencing Software Market Size Set to Expand at Significant CAGR of 5.25% to Reach USD 432.7 Million by 2030
Saudi Arabia Video Conferencing Software Market is flourishing because of the surge in remote work and digital transformation initiatives and increasing investments in building robust digital infrastructure.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia Video Conferencing Software Market size at USD 347.28 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Video Conferencing Software Market size to expand at a CAGR of 5.25% reaching a value of USD 432.66 million by 2030. The growing adoption of remote working culture, an increasing need for virtual meeting places, and the introduction of innovative technologies are major drivers for development for the Saudi Arabia Video Conferencing Software Market. Furthermore, over the projected period, the Saudi Arabia Video Conferencing Software Market is expected to witness profitable development prospects due to the increasing incorporation of cutting-edge technologies, such as generative AI.
Opportunity: Rising integration of ai into video conferencing software
Many video conferencing software companies are leveraging on artificial intelligence (AI) to improve their offering and experience of their users. Real-time conversation transcription by AI can capture all the crucial details, choices, and tasks for convenient review at a later time. Certain AI-driven systems can even identify who said what, which simplifies follow-ups. Additionally, AI-enabled noise cancellation can also detect human voice from background sounds to help offer intelligible communication.
Saudi Arabia Video Conferencing Software Market
Segmental Coverage
Saudi Arabia Video Conferencing Software Market – By Enterprise Size
Based on enterprise size, the Saudi Arabia Video Conferencing Software Market is divided into small, medium-sized, and large segments. The large enterprises segment accounts for the highest market share owing to the high use of video conferencing for business meetings. Large corporations often have business operations and offices in others as well as engage in business meetings for trade deals with companies from different geographical locations. However, small and medium-sized enterprises are anticipated to register high growth rates during the forecast period as well owing to the rising adoption of remote working culture.
Competitive Landscape
Major players operating in the Saudi Arabia Video Conferencing Software Market include Microsoft Corporation, Cisco Systems Inc., Zoom Video Communications Inc., Google LLC, Adobe Inc., Huawei Technologies Co., Ltd, and Avaya LLC.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Saudi Arabia Video Conferencing Software Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Video Conferencing Software Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

200 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Video Conferencing Software Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Surge in Remote Work and Digital Transformation Initiatives
3.2.1.2. Robust Digital Infrastructure Investments
3.2.1.3. Influence of a Tech-Savvy Youth Population
3.2.1.4. Government Initiatives to Boost the ICT Sector
3.2.2. Restraints
3.2.2.1. Growing Privacy and Security Concerns
3.2.2.2. Maintenance Difficulties with Data Security Management for On-Premises Solutions
3.2.2.3. Lack of Awareness and Adoption of Video Conferencing Software Among Some Traditional Industries
3.2.3. Opportunities
3.2.3.1. Integration of cutting-Edge Technologies
3.2.3.2. Expansion of Webinars and Virtual Events to Engage Larger Audiences for Marketing, Training, and Education
3.2.3.3. Increasing Demand for Customization and White-Label Solutions
3.2.3.4. Untapped Potential in Small and Medium Enterprises
3.2.4. Challenges
3.2.4.1. Fierce Competition among Established Players and New Entrants
3.2.4.2. Adapting to Rapidly Evolving User Preferences and technological Advancements
3.2.4.3. Providing Cost-Effective Solutions while Maintaining High-Quality Features and Security
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Saudi Arabia Video Conferencing Software Market: Marketing Strategies
5. Saudi Arabia Video Conferencing Software Market Overview
5.1. Market Size & Forecast, 2019–2030
5.1.1. By Value (USD Million)
5.2. Market Share and Forecast
5.2.1. By Deployment Model
5.2.1.1. On-Premises
5.2.1.2. Cloud
5.2.2. By Enterprise Size
5.2.2.1. Small
5.2.2.2. Medium-sized
5.2.2.3. Large
5.2.3. By Industry Vertical
5.2.3.1. Education
5.2.3.2. Communications & Technology
5.2.3.3. Defense
5.2.3.4. Healthcare
5.2.3.5. BFSI
5.2.3.6. Others
6. Competitive Landscape
6.1. List of Key Players and Their Offerings
6.2. Saudi Arabia Video Conferencing Software Market Share Analysis, 2023
6.3. Competitive Benchmarking, By Operating Parameters
6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Geopolitical Tensions on Saudi Arabia Video Conferencing Software Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
8.1. Microsoft Corporation
8.2. Cisco Systems Inc
8.3. Zoom Video Communications Inc
8.4. Google LLC
8.5. Adobe Inc
8.6. Huawei Technologies Co., Ltd
8.7. Avaya LLC
8.8. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
10.1. Qualitative Research
10.1.1. Primary & Secondary Research
10.2. Quantitative Research
10.3. Market Breakdown & Data Triangulation
10.3.1. Secondary Research
10.3.2. Primary Research
10.4. Breakdown of Primary Research Respondents
10.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Saudi Arabia Video Conferencing Software Segmentation
Figure 2 Saudi Arabia Video Conferencing Software Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Saudi Arabia Video Conferencing Software Market Size, By Value (USD Million), 2019–2030
Figure 5 Saudi Arabia Video Conferencing Software Market Share, By Deployment Model, By Value, 2019–2030
Figure 6 Saudi Arabia Video Conferencing Software Market Share, By Enterprise Size, By Value, 2019–2030
Figure 7 Saudi Arabia Video Conferencing Software Market Share, By Industry Vertical, By Value, 2019–2030
List of Tables
Table 1 Saudi Arabia Video Conferencing Software Market Size, By Value (USD Million), 2019–2030
Table 2 Saudi Arabia Video Conferencing Software Market Share, By Deployment Model, By Value, 2019–2030
Table 3 Saudi Arabia Video Conferencing Software Market Share, By Enterprise Size, By Value, 2019–2030
Table 4 Saudi Arabia Video Conferencing Software Market Share, By Industry
Table 5 Microsoft Corporation Company Overview
Table 6 Microsoft Corporation Financial Overview
Table 7 Cisco Systems Inc Company Overview
Table 8 Cisco Systems Inc Financial Overview
Table 9 Zoom Video Communications Inc Company Overview
Table 10 Zoom Video Communications Inc Financial Overview
Table 11 Google LLC Company Overview
Table 12 Google LLC Financial Overview
Table 13 Adobe Inc Company Overview
Table 14 Adobe Inc Financial Overview
Table 15 Huawei Technologies Co., Ltd Company Overview
Table 16 Huawei Technologies Co., Ltd Financial Overview
Table 17 Avaya LLC Company Overview
Table 18 Avaya LLC Financial Overview

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