Video Conferencing in North America
Summary
Video Conferencing in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Video conferencing is a technology that facilitates real-time communication through video and audio via the internet. It allows individuals or groups to conduct virtual meetings, discussions, or presentations. Market scope includes room-based, desktop, telepresence, service-based, and hybrid video conferencing services.
- The North American video conferencing market recorded revenues of $1,766.7 million in 2024, representing a compound annual growth rate (CAGR) of 7% between 2019 and 2024.
- The it and telecom segment accounted for the market's largest proportion in 2024, with total revenues of $752.5 million, equivalent to 42.6% of the market's overall value.
- The North American video conferencing market held a 31.9% share of the global market in 2024.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the video conferencing market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video conferencing market in North America
- Leading company profiles reveal details of key video conferencing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America video conferencing market with five year forecasts
- What was the size of the North America video conferencing market by value in 2024?
- What will be the size of the North America video conferencing market in 2029?
- What factors are affecting the strength of competition in the North America video conferencing market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's video conferencing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What is the latest trend in the video conferencing market?
- 8 Company Profiles
- 8.1. Google LLC
- 8.2. Microsoft Corp
- 8.3. Cisco Systems Inc
- 8.4. Zoom Communications Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: North America video conferencing market value: $ million, 2019-24
- Table 2: North America video conferencing market category segmentation: % share, by value, 2019-24
- Table 3: North America video conferencing market category segmentation: $ million, 2019-24
- Table 4: North America video conferencing market geography segmentation: $ million, 2024
- Table 5: North America video conferencing market value forecast: $ million, 2024-29
- Table 6: Google LLC: Key Facts
- Table 7: Google LLC: key employees
- Table 8: Google LLC: key employees Continued
- Table 9: Microsoft Corp: Key Facts
- Table 10: Microsoft Corp: annual financial ratios
- Table 11: Microsoft Corp: key employees
- Table 12: Microsoft Corp: key employees Continued
- Table 13: Cisco Systems Inc: Key Facts
- Table 14: Cisco Systems Inc: annual financial ratios
- Table 15: Cisco Systems Inc: key employees
- Table 16: Cisco Systems Inc: key employees Continued
- Table 17: Cisco Systems Inc: key employees Continued
- Table 18: Cisco Systems Inc: key employees Continued
- Table 19: Zoom Communications Inc: Key Facts
- Table 20: Zoom Communications Inc: annual financial ratios
- Table 21: Zoom Communications Inc: key employees
- Table 22: North America Exchange Rate, 2019-24
- List of Figures
- Figure 1: North America video conferencing market value: $ million, 2019-24
- Figure 2: North America video conferencing market category segmentation: $ million, 2019-24
- Figure 3: North America video conferencing market geography segmentation: % share, by value, 2024
- Figure 4: North America video conferencing market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the video conferencing market in North America, 2024
- Figure 6: Drivers of buyer power in the video conferencing market in North America, 2024
- Figure 7: Drivers of supplier power in the video conferencing market in North America, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the video conferencing market in North America, 2024
- Figure 9: Factors influencing the threat of substitutes in the video conferencing market in North America, 2024
- Figure 10: Drivers of degree of rivalry in the video conferencing market in North America, 2024
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