
Video Conferencing Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Service); By Deployment (On-Premise, Cloud); By Application (Consumer, Enterprise); By End-Use; By Region; Segment Forecast, 2021 - 2028
Description
The global video conferencing market size is expected to reach USD 24.93 billion by 2034 according to a new study by Polaris Market Research. The report Video Conferencing Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Service); By Deployment; By Application; By End Use; By Region; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The noticeable factors esteeming the global market growth include the increasing rate of adoption of smart devices with an ever-increasing demand for visual communication, along with the growing consumption of cloud-based video conferencing solutions has provided organizations access to massive amounts of data regarding visual meetings are the few integral factors accelerating the industry growth during the forecasting years.
The overall pandemic workforce has further experienced significant demand for visual conferencing solutions and concerned services. Among the deployment type, the on-premise visual communication segment has taken a leading stake in terms of revenue in the global industry, owing to its increasing adoption among large organizations with respect to the rising concerns associated with data theft and effective conservation of information security systems.
Several manufacturers are often backing to opt for varied marketing strategies in order to expand their business operations and customer base in the wake of the pandemic scenario at a global level. In May 2021, Zoom, a visual communication platform, unveiled a new Zoom Events for hosting large events and improving the in-person visual communication experience. Similarly, in May 2021, Telegram often introduced a visual calling feature with the aim to take over the market share of Zoom in the visual communication industry; therefore, it dramatically surges the growth during the forecast period.
Major Participants such as Huawei Technologies Co. Ltd., AURA Presence, Avaya Inc., Barco NV, BlueJeans Network, Inc, Cisco Systems, Inc., Lifesize, Inc., Google, Haivision, Inc., HighFive, Inc., Fuze, Inc., Zoom Video Communications, Inc., Sonic Foundry, Inc., Kaltura, Inc., Vidyo, Inc., Kollective Technology, Inc., Amazon Web Services, Inc., Logitech International S.A., LogMeIn, Inc., Pexip, AS, Plantronics, Inc., Qumu Corporation, StarLeaf Inc., and Microsoft Corporation are some of the key players operating in the global industry.
Polaris Market Research has segmented the video conferencing market report on the basis of component, deployment, application, end use, and region:
Video Conferencing, Component Outlook (Revenue, USD Billion, 2020 - 2034)
Hardware
Software
Service
Video Conferencing, Deployment Type Outlook (Revenue, USD Billion, 2020 - 2034)
On-Premise
Cloud
Video Conferencing, Application Outlook (Revenue, USD Billion, 2020 - 2034)
Consumer
Enterprise
Video Conferencing, End Use Outlook (Revenue, USD Billion, 2020 - 2034)
Corporate
Education
Healthcare
Government & Defense
BFSI
Media & Entertainment
Others
Video Conferencing, Regional Outlook (Revenue, USD Billion, 2020 - 2034)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
The noticeable factors esteeming the global market growth include the increasing rate of adoption of smart devices with an ever-increasing demand for visual communication, along with the growing consumption of cloud-based video conferencing solutions has provided organizations access to massive amounts of data regarding visual meetings are the few integral factors accelerating the industry growth during the forecasting years.
The overall pandemic workforce has further experienced significant demand for visual conferencing solutions and concerned services. Among the deployment type, the on-premise visual communication segment has taken a leading stake in terms of revenue in the global industry, owing to its increasing adoption among large organizations with respect to the rising concerns associated with data theft and effective conservation of information security systems.
Several manufacturers are often backing to opt for varied marketing strategies in order to expand their business operations and customer base in the wake of the pandemic scenario at a global level. In May 2021, Zoom, a visual communication platform, unveiled a new Zoom Events for hosting large events and improving the in-person visual communication experience. Similarly, in May 2021, Telegram often introduced a visual calling feature with the aim to take over the market share of Zoom in the visual communication industry; therefore, it dramatically surges the growth during the forecast period.
Major Participants such as Huawei Technologies Co. Ltd., AURA Presence, Avaya Inc., Barco NV, BlueJeans Network, Inc, Cisco Systems, Inc., Lifesize, Inc., Google, Haivision, Inc., HighFive, Inc., Fuze, Inc., Zoom Video Communications, Inc., Sonic Foundry, Inc., Kaltura, Inc., Vidyo, Inc., Kollective Technology, Inc., Amazon Web Services, Inc., Logitech International S.A., LogMeIn, Inc., Pexip, AS, Plantronics, Inc., Qumu Corporation, StarLeaf Inc., and Microsoft Corporation are some of the key players operating in the global industry.
Polaris Market Research has segmented the video conferencing market report on the basis of component, deployment, application, end use, and region:
Video Conferencing, Component Outlook (Revenue, USD Billion, 2020 - 2034)
Hardware
Software
Service
Video Conferencing, Deployment Type Outlook (Revenue, USD Billion, 2020 - 2034)
On-Premise
Cloud
Video Conferencing, Application Outlook (Revenue, USD Billion, 2020 - 2034)
Consumer
Enterprise
Video Conferencing, End Use Outlook (Revenue, USD Billion, 2020 - 2034)
Corporate
Education
Healthcare
Government & Defense
BFSI
Media & Entertainment
Others
Video Conferencing, Regional Outlook (Revenue, USD Billion, 2020 - 2034)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
123 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Wet Process Equipment Market Insights
- 4.1. Wet Process Equipment Market – Market Snapshot
- 4.2. Wet Process Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in Defense and Aerospace Electronics
- 4.2.1.2. Reshoring of Semiconductor Manufacturing
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High capital costs and complex maintenance
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Wet Process Equipment Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Wet Process Equipment Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Wet Process Equipment Market, by Product Type, 2020-2034 (USD Million)
- 5.3. Cleaning Systems
- 5.3.1. U.S. Wet Process Equipment Market, by Cleaning Systems, 2020-2034 (USD Million)
- 5.4. Etching Systems
- 5.4.1. U.S. Wet Process Equipment Market, by Etching Systems, 2020-2034 (USD Million)
- 5.5. Stripping Systems
- 5.5.1. U.S. Wet Process Equipment Market, by Stripping Systems, 2020-2034 (USD Million)
- 5.6. Others
- 5.6.1. U.S. Wet Process Equipment Market, by Others, 2020-2034 (USD Million)
- 6. U.S. Wet Process Equipment Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Wet Process Equipment Market, by Type, 2020-2034 (USD Million)
- 6.3. Automatic
- 6.3.1. U.S. Wet Process Equipment Market, by Automatic, 2020-2034 (USD Million)
- 6.4. Semi-automatic
- 6.4.1. U.S. Wet Process Equipment Market, by Semi-automatic, 2020-2034 (USD Million)
- 6.5. Manual
- 6.5.1. U.S. Wet Process Equipment Market, by Manual, 2020-2034 (USD Million)
- 7. U.S. Wet Process Equipment Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Wet Process Equipment Market, by Application, 2020-2034 (USD Million)
- 7.3. Semiconductor
- 7.3.1. U.S. Wet Process Equipment Market, by Semiconductor, 2020-2034 (USD Million)
- 7.4. MEMS
- 7.4.1. U.S. Wet Process Equipment Market, by MEMS, 2020-2034 (USD Million)
- 7.5. Solar
- 7.5.1. U.S. Wet Process Equipment Market, by Solar, 2020-2034 (USD Million)
- 7.6. Others
- 7.6.1. U.S. Wet Process Equipment Market, by Others, 2020-2034 (USD Million)
- 8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
- 9. Company Profiles
- 9.1. Akrion Systems LLC
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Applied Materials, Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Lam Research Corporation
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. MicroTech Systems, Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Modutek Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Plastic Design, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Rena Technologies North America
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Solid State Equipment LLC
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Veeco Instruments Inc.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Wafer Process Systems, Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
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