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Worldwide Web Conferencing Applications Software Forecast, 2022–2026: Evolving Conferencing

Publisher IDC
Published Jul 29, 2022
Length 13 Pages
SKU # IDC17330134

Description

Worldwide Web Conferencing Applications Software Forecast, 2022–2026: Evolving Conferencing

This IDC study looks at the evolving future of the web conferencing applications software market, how we meet and connect, and how we will connect in the future. During 2021, conferencing applications made us feel connected and kept our work moving forward. The web conferencing applications software market revenue grew 28.1% in 2021 and is expected to more than double by 2026. Companies that are more advanced in collaboration have integrated conferencing within their collaborative stack of applications to drive productivity — and to move closer to becoming a digital enterprise. These actions were frequently paired with a culture of collaboration: modeling and mentoring working together as a team from the top of the organization down and from the bottom of the organization up."Uncertainty that are headwinds in other markets will be mostly tailwinds for the web conferencing applications," according to Wayne Kurtzman, research vice president for Social, Communities, and Collaboration Applications, IDC. "Conferencing platforms will become more engaging, visual, functional, and community powered. Aided by intelligence, conferencing will evolve to better capture elements of work that are part of the digital workplace and the next generation of analytics."

Please Note: Extended description available upon request.

Table of Contents

13 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Rising Expectations of Technical Parity
The Connected Worker Is the New Knowledge Worker
The Video Evolution
The Race to Metaverse Adoption
Inhibitors
We Are Not Going Back
Significant Market Developments
Changes from Prior Forecast
Market Definition
Web Conferencing Applications
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research
How Do Licenses Work?
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