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COVID-19 Impact on Global Web Conferencing Market By Type (Hardware Devices And Software Services); By Downstream Fields (Education, Financial, Medical, Government and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030

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Product Overview
Often known as the webinar, a web conference is a sort of real-time contact. It is used by the internet to hold meetings, workshops, and training. In video conferencing, with the aid of the internet, a large number of computer users will simultaneously display the same screen in their browser. This kind of service allows online conference activities. The increasing demand for immersive conferences online workshops around the world is projected to foster growth.
Market Highlights
Global Web Conferencing Market size was registered at USD 3.16 billion in 2019 and is estimated to reach USD 8.09 billion by 2030, registering a CAGR of 9.11% from 2020 to 2030. The increasing demand for immersive conferences online workshops around the globe is projected to foster the growth of the global Web Conferencing Market over the forecast period. Furthermore, the direct customer support that online conferencing services provide is expected to boost market growth shortly. Some of the other factors expected to drive demand growth are the broader deployments and the growing service user base. Furthermore, the rising need for the increasing pace of technological change, flexible working styles, and the ongoing transformation of the workplace are likely to complement demand growth in the coming years. Additionally, the availability of necessary infrastructure and technological developments are some of the other factors which are expected to accelerate market growth in the coming years.
                                                   Global Web Conferencing Market Opportunity Analysis
                                      
Source: Fatpos Global
Global Web Conferencing Market: Segments
Global Web Conferencing Market is segmented based on type, downstream field, and region.
By Type (in %), Global Web Conferencing Market, 2019
Software services segment is anticipated to register XX% of the market share during the forecasted period
By type, the market can be segmented into hardware devices and software services. Among these, due to the growing adoption of software tools and platforms the segment is expected to have the largest market share during the forecast period.
By downstream fields (in %), Global Web Conferencing Market, 2019
The education segment accounted for XX% of the nation’s volume in 2019
The downstream field segment can be classified into Education, Financial, Medical, Government, and Others. The education segment is expected to register the highest CAGR growth in the market for web conferencing due to the increased usage of web conferencing by schools, colleges, and institutions due to the emergence of the novel coronavirus globally.
                 
Source: Fatpos Global
Global Web Conferencing Market Dynamics:
Increased demand and technological change to increase market growth
Increasing demand for immersive conferences online workshops around the globe is projected to foster the growth of the global Web Conferencing Market over the forecast period. Furthermore, the direct customer support that online conferencing services provide is expected to boost market growth shortly. The enhanced user interface, product simplification, and smart workflow integrations provided by online conferencing are some of the key factors expected to accelerate global market growth in the coming years. Moreover, the use of video conferencing eliminates regional barriers for business teams operating at remote locations on complex business ventures. Also, video conferencing helps to minimize expenditures substantially by reducing costs for different operations. These factors are expected to give market players exciting prospects and will fuel global market growth shortly. Some of the other factors expected to drive demand growth are the broader deployments and the growing service user base. Furthermore, the rising need for the increasing pace of technological change, flexible working styles, and the ongoing transformation of the workplace are likely to complement demand growth in the coming years.
Security issues and miscommunication threat to hinder the market growth
Messages passed through these applications get skewed by the noise that contributes to miscommunication. Information protection is another factor expected to hamper demand across the industry shortly. Important discussions over these suites are avoided as users challenge the protection. Information on these applications could be misused due to fraud activities that are expected to adversely affect global product demand
Global Web Conferencing Market: Regions
In terms of value and volume, North America and Europe accounted for XX% of total market volume share in 2019
Due to the growing demand for online conferencing across diverse industries, North America and Europe are regarded as leading segments. Furthermore, the availability of necessary infrastructure and technological developments are some of the other factors which are expected to accelerate market growth in the coming years. Also, with key players increasingly concentrating on untapped opportunities in emerging economies, the APAC region is expected to be experiencing rapid growth over the forecast period.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
                       
Source: Fatpos Global
       Global Web Conferencing Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Web Conferencing Market: Impact of COVID-19
Global pandemic COVID-19 has become global stress, not just for human lives, but also for industries across different industry verticals. The COVID-19 disease has infected several million people globally, with an increasing number of active cases daily, the duration of the pandemic is still difficult to predict. In the space of only a few months, there has been a major increase in web conferencing. The current COVID-19 situation has far more people working from home than ever before, prompting businesses to use video conferencing as their primary means of employee communication. And with much of the planet on lockdown and social distancing steps in place, even spending time with friends and family is now largely limited to video calls. From birthday parties for children to corporate meetings with high stakes, online conferencing and video call systems are now being used globally which is spurring the demand for the web conferencing industry. Although there is nothing that replaces in-person communication, there are many things that can be done quickly and easily through web conferencing, so it is anticipated that even in the post-COVID-19 period the use of these platforms will continue to proliferate.
Global Web Conferencing Market: Competitive landscape
New technological advancements in the Global Web Conferencing Market, as well as large production output of the product by key players, are likely to increase the market growth. Moreover, with key players increasingly concentrating on untapped opportunities in emerging economies, the market is expected to experience rapid growth over the forecast period.
Global Web Conferencing Market: Key players
  • Adobe Systems

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Cisco Systems
  • Citrix Systems
  • IBM
  • Microsoft
  • Arkadin
  • Bridgit
  • ClickMeeting
  • Communique Conferencing
  • Other prominent players
Global Web Conferencing Market report also contains analysis on:
Global Web Conferencing Market segments: -
  • By Type:
    • Hardware Devices
    • Software Services
  • By Downstream Fields:
    • Education
    • Financial
    • Medical
    • Government
    • Others
  • Global Web Conferencing Market dynamics
  • Global Web Conferencing Market size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints
READ MORE

Table Of Content

Scope

Contents        

  1. Executive Summary
  2. Web Conferencing Market
    1. Product Overview
    2. Market Definition
    3. Segmentation
    4. Assumptions and Acronyms
  3. Research Methodology
    1. Research Objectives
    2. Primary Research
    3. Secondary Research
    4. Forecast Model
    5. Market Size Estimation
  4. Average Pricing Analysis
  5. Market Dynamics
    1. Growth Drivers
    2. Restraints
    3. Opportunity
    4. Trends
  6. Correlation & Regression Analysis
    1. Correlation Matrix
    2. Regression Matrix
  7. Recent Development, Policies & Regulatory Landscape
  8. Risk Analysis
    1. Demand Risk Analysis
    2. Supply Risk Analysis
  9. Web Conferencing Market Analysis
    1. Porters Five Forces
      1. Threat of New Entrants
      2. Bargaining Power of Suppliers
      3. Threat of Substitutes
      4. Rivalry
    2. PEST Analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
  10. Web Conferencing Market
    1. Market Size & forecast, 2019A-2030F
      1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  11. Web Conferencing Market: Market Segmentation
    1.       By Regions
      1. North America:(U.S. and Canada)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  12. Web Conferencing Market: Market Segmentation
    1. By type: Market Share (2020-2030F)
      1. hardware devices, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. software services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    2. By downstream fields: Market Share (2020-2030F)
      1. Education,  By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Financial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Medical, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      4. Government, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  13. Company Profile
    1.  Adobe Systems
      1. Company Overview
      2. Company Total Revenue (Financials)
      3. Market Potential
      4. Global Presence
      5. Key Performance Indicators
      6. SWOT Analysis
      7. Product Launch
    2. Cisco Systems
    3. Citrix Systems
    4. IBM
    5. Microsoft
    6. Arkadin
    7. Bridgit
    8. ClickMeeting
    9. Communique Conferencing
    10. Other prominent players
  14. Consultant Recommendation

**The above-given segmentation and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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  •  
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    The license provides the access to hard copy/ printed copy of the report to the Authorized User only. The report will be delivered to the user on the address provided during making the purchase. The Authorized User may store, display, or archive the information but will not use any information in the report for circulation or citation purpose. The individual user will treat the information in the report as confidential and will only use this for internal purpose. In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view. No soft copy access will be provided in this case.

  •  
  • Corporate User License:

    Access to the soft copy of the report will be granted to multiple users within the organization. The users are authorized to store, display, duplicate, archive, print and distribute the information within the organization either electronically or in paper. The users are not authorized to use any information in the report for citation and circulation externally. The users will treat the information in the report as confidential and will only use this for internal purpose. In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view.

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Company Profile

Company Profile Title

Product Overview
Often known as the webinar, a web conference is a sort of real-time contact. It is used by the internet to hold meetings, workshops, and training. In video conferencing, with the aid of the internet, a large number of computer users will simultaneously display the same screen in their browser. This kind of service allows online conference activities. The increasing demand for immersive conferences online workshops around the world is projected to foster growth.
Market Highlights
Global Web Conferencing Market size was registered at USD 3.16 billion in 2019 and is estimated to reach USD 8.09 billion by 2030, registering a CAGR of 9.11% from 2020 to 2030. The increasing demand for immersive conferences online workshops around the globe is projected to foster the growth of the global Web Conferencing Market over the forecast period. Furthermore, the direct customer support that online conferencing services provide is expected to boost market growth shortly. Some of the other factors expected to drive demand growth are the broader deployments and the growing service user base. Furthermore, the rising need for the increasing pace of technological change, flexible working styles, and the ongoing transformation of the workplace are likely to complement demand growth in the coming years. Additionally, the availability of necessary infrastructure and technological developments are some of the other factors which are expected to accelerate market growth in the coming years.
                                                   Global Web Conferencing Market Opportunity Analysis
                                      
Source: Fatpos Global
Global Web Conferencing Market: Segments
Global Web Conferencing Market is segmented based on type, downstream field, and region.
By Type (in %), Global Web Conferencing Market, 2019
Software services segment is anticipated to register XX% of the market share during the forecasted period
By type, the market can be segmented into hardware devices and software services. Among these, due to the growing adoption of software tools and platforms the segment is expected to have the largest market share during the forecast period.
By downstream fields (in %), Global Web Conferencing Market, 2019
The education segment accounted for XX% of the nation’s volume in 2019
The downstream field segment can be classified into Education, Financial, Medical, Government, and Others. The education segment is expected to register the highest CAGR growth in the market for web conferencing due to the increased usage of web conferencing by schools, colleges, and institutions due to the emergence of the novel coronavirus globally.
                 
Source: Fatpos Global
Global Web Conferencing Market Dynamics:
Increased demand and technological change to increase market growth
Increasing demand for immersive conferences online workshops around the globe is projected to foster the growth of the global Web Conferencing Market over the forecast period. Furthermore, the direct customer support that online conferencing services provide is expected to boost market growth shortly. The enhanced user interface, product simplification, and smart workflow integrations provided by online conferencing are some of the key factors expected to accelerate global market growth in the coming years. Moreover, the use of video conferencing eliminates regional barriers for business teams operating at remote locations on complex business ventures. Also, video conferencing helps to minimize expenditures substantially by reducing costs for different operations. These factors are expected to give market players exciting prospects and will fuel global market growth shortly. Some of the other factors expected to drive demand growth are the broader deployments and the growing service user base. Furthermore, the rising need for the increasing pace of technological change, flexible working styles, and the ongoing transformation of the workplace are likely to complement demand growth in the coming years.
Security issues and miscommunication threat to hinder the market growth
Messages passed through these applications get skewed by the noise that contributes to miscommunication. Information protection is another factor expected to hamper demand across the industry shortly. Important discussions over these suites are avoided as users challenge the protection. Information on these applications could be misused due to fraud activities that are expected to adversely affect global product demand
Global Web Conferencing Market: Regions
In terms of value and volume, North America and Europe accounted for XX% of total market volume share in 2019
Due to the growing demand for online conferencing across diverse industries, North America and Europe are regarded as leading segments. Furthermore, the availability of necessary infrastructure and technological developments are some of the other factors which are expected to accelerate market growth in the coming years. Also, with key players increasingly concentrating on untapped opportunities in emerging economies, the APAC region is expected to be experiencing rapid growth over the forecast period.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
                       
Source: Fatpos Global
       Global Web Conferencing Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Web Conferencing Market: Impact of COVID-19
Global pandemic COVID-19 has become global stress, not just for human lives, but also for industries across different industry verticals. The COVID-19 disease has infected several million people globally, with an increasing number of active cases daily, the duration of the pandemic is still difficult to predict. In the space of only a few months, there has been a major increase in web conferencing. The current COVID-19 situation has far more people working from home than ever before, prompting businesses to use video conferencing as their primary means of employee communication. And with much of the planet on lockdown and social distancing steps in place, even spending time with friends and family is now largely limited to video calls. From birthday parties for children to corporate meetings with high stakes, online conferencing and video call systems are now being used globally which is spurring the demand for the web conferencing industry. Although there is nothing that replaces in-person communication, there are many things that can be done quickly and easily through web conferencing, so it is anticipated that even in the post-COVID-19 period the use of these platforms will continue to proliferate.
Global Web Conferencing Market: Competitive landscape
New technological advancements in the Global Web Conferencing Market, as well as large production output of the product by key players, are likely to increase the market growth. Moreover, with key players increasingly concentrating on untapped opportunities in emerging economies, the market is expected to experience rapid growth over the forecast period.
Global Web Conferencing Market: Key players
  • Adobe Systems

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Cisco Systems
  • Citrix Systems
  • IBM
  • Microsoft
  • Arkadin
  • Bridgit
  • ClickMeeting
  • Communique Conferencing
  • Other prominent players
Global Web Conferencing Market report also contains analysis on:
Global Web Conferencing Market segments: -
  • By Type:
    • Hardware Devices
    • Software Services
  • By Downstream Fields:
    • Education
    • Financial
    • Medical
    • Government
    • Others
  • Global Web Conferencing Market dynamics
  • Global Web Conferencing Market size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints
READ MORE

Scope

Contents        

  1. Executive Summary
  2. Web Conferencing Market
    1. Product Overview
    2. Market Definition
    3. Segmentation
    4. Assumptions and Acronyms
  3. Research Methodology
    1. Research Objectives
    2. Primary Research
    3. Secondary Research
    4. Forecast Model
    5. Market Size Estimation
  4. Average Pricing Analysis
  5. Market Dynamics
    1. Growth Drivers
    2. Restraints
    3. Opportunity
    4. Trends
  6. Correlation & Regression Analysis
    1. Correlation Matrix
    2. Regression Matrix
  7. Recent Development, Policies & Regulatory Landscape
  8. Risk Analysis
    1. Demand Risk Analysis
    2. Supply Risk Analysis
  9. Web Conferencing Market Analysis
    1. Porters Five Forces
      1. Threat of New Entrants
      2. Bargaining Power of Suppliers
      3. Threat of Substitutes
      4. Rivalry
    2. PEST Analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
  10. Web Conferencing Market
    1. Market Size & forecast, 2019A-2030F
      1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  11. Web Conferencing Market: Market Segmentation
    1.       By Regions
      1. North America:(U.S. and Canada)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  12. Web Conferencing Market: Market Segmentation
    1. By type: Market Share (2020-2030F)
      1. hardware devices, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. software services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    2. By downstream fields: Market Share (2020-2030F)
      1. Education,  By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Financial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Medical, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      4. Government, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  13. Company Profile
    1.  Adobe Systems
      1. Company Overview
      2. Company Total Revenue (Financials)
      3. Market Potential
      4. Global Presence
      5. Key Performance Indicators
      6. SWOT Analysis
      7. Product Launch
    2. Cisco Systems
    3. Citrix Systems
    4. IBM
    5. Microsoft
    6. Arkadin
    7. Bridgit
    8. ClickMeeting
    9. Communique Conferencing
    10. Other prominent players
  14. Consultant Recommendation

**The above-given segmentation and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

  • Single User License:

    Access to the soft copy of the report will be granted to individual user/ Authorized User within the organization. The Authorized User may store, display or archive the information but will not be able to print, copy and use any information in the report for circulation or citation purpose. The individual user will treat the information in the report as confidential and will only use this for internal purpose. In no circumstance, the complete/part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view. The report will be MAC address protected and will only be accessible on 1 platform.

  •  
  • Hard Copy License:

    The license provides the access to hard copy/ printed copy of the report to the Authorized User only. The report will be delivered to the user on the address provided during making the purchase. The Authorized User may store, display, or archive the information but will not use any information in the report for circulation or citation purpose. The individual user will treat the information in the report as confidential and will only use this for internal purpose. In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view. No soft copy access will be provided in this case.

  •  
  • Corporate User License:

    Access to the soft copy of the report will be granted to multiple users within the organization. The users are authorized to store, display, duplicate, archive, print and distribute the information within the organization either electronically or in paper. The users are not authorized to use any information in the report for citation and circulation externally. The users will treat the information in the report as confidential and will only use this for internal purpose. In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view.

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS