Global Web-based Real-time Communication Market 2016-2020
About Global Web-based Real-time Communication
WebRTC is a communications technology that provides browsers and mobile applications with real-time communication, such as voice calling, video conferencing, and P2P file sharing - without the need to download special software applications or browser plugins.
Technavio’s analysts forecast the global WebRTC market to grow at a CAGR of 36.02% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global WebRTC market for 2016-2020. To calculate the market size, the report considers the revenue generated from WebRTC software solutions and services.
The market is divided into the following segments based on type:
Technavio Announces the Publication of its Research Report – Global Web-based Real-time Communication Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Web-based Real-time Communication Market: Cisco, Ericsson, Google and Mozilla
Other Prominent Vendors in the market are: AddLive, Alcatel-Lucent, Apple, AT&T, Avaya, Bistri, CafeX, Dialogic, Genband, Huawei Technologies, IBM, Microsoft, Mitel Networks, Net Medical Xpress Solutions, Opera, Oracle, Plivo, Priologic Software, PubNub, Quobis, Siemens, Temasys, TokBox, Twilio, and Zingaya.
Commenting on the report, an analyst from Technavio’s team said: “Many vendors are switching to WebRTC mobile apps. This is because developing such apps is easier than employing web-based technology. In line with this, Google improving its WebRTC codebase for Android and iOS. Similarly, Ericsson plans to launch its own open WebRTC project targeting mobile users. Gruveo, Wire, Talko, Be My Eyes, and Switch.co have already switched to WebRTC mobile apps.”
According to the report, one of the major drivers of the market is rising demand for real-time communications. Businesses need to communicate with their audience in real time to gain a competitive advantage. Real-time communication is a powerful mode to gain better insights of costumer demand and feedback. This helps companies improve and customize their products and services to suit customers' needs.
Further, the report states that lack of awareness about WebRTC technology poses a risk for organizations looking to enter this market.
Cisco, Ericsson, Google, Mozilla, AddLive, Alcatel-Lucent, Apple, AT&T, Avaya, Bistri, CafeX, Dialogic, Genband, Huawei Technologies, IBM, Microsoft, Mitel Networks, Net Medical Xpress Solutions, Opera, Oracle, Plivo, Priologic Software, PubNub, Quobis, Siemens, Temasys, TokBox, Twilio, Zingaya.