Global Cloud-based Video Conferencing Market 2015-2019
About Cloud-based Video Conferencing
Cloud-based video conferencing or video conferencing-as-a-service (VCaaS) allows two or more locations to communicate by simultaneous two-sided audio and video transmissions. In cloud solutions, cloud server is used to transfer, access, and storage data. Video conferencing is different from videophone calls as the former is designed to process multiple locations rather than individuals. VCaaS provides organizations the benefits of high-quality HD video conferencing technology without any major investment in hardware, infrastructure, and network. Cloud-based video conferencing makes video transmissions easily accessible to anyone at any point of time from anywhere.
TechNavio's analysts forecast the Global Cloud-based Video Conferencing market to grow at a CAGR of 39.06 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Cloud-based Video Conferencing market for the period 2015-2019. To calculate the market size, the report considers revenue generated from cloud-based video conferencing solutions, software, tools, applications, services, support, and maintenance.
TechNavio's report, Global Cloud-based Video Conferencing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global Cloud-based Video Conferencing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
TechNavio Announces the Publication of its Research Report – Global Cloud-based Video Conferencing Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Cloud-based Video Conferencing Market: Avaya Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd. and Polycom Inc.
Other Prominent Vendors in the market are: Blue Jeans Network, Fuze/FuzeBox, LifeSize Communications, StarLeaf, Videxio and Vidyo.
Commenting on the report, an analyst from TechNavio’s team said: “Growing popularity of BYOD among small and medium enterprises is one of the key trends in the market. The adoption of BYOD helps organizations save internal infrastructure costs, enhances productivity, increases engagement in the workplace and after work time engagement, and provides better mobility to employees.”
According to the report, the shift from on-premise to cloud-based video conferencing is contributing to the market growth. Currently, with the adoption of cloud, communication has become more convenient and cost effective, resulting in high demand for cloud-based video conferencing.
Further, the report states that growing concern about data security in the cloud poses a major challenge to the market. Therefore, the cloud-based video conferencing service providers are incorporating advanced security measures to ensure data safety during the transfer of data.
Avaya, Cisco Systems, Huawei Investment & Holdings, Polycom, Blue Jeans Network, Fuze, LifeSize Communications, StarLeaf, Videxio, Vidyo, Zoom Video Communications