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Increasing Adoption of Video Conferencing in Healthcare Sector to Drive Video Conferencing Market Technology Articles | March 25 http://www.cheapwomensnmdsale.com/ , 2016

Video Conferencing Market, in terms of revenue, was valued at US$3.69 bn in 2014 and is forecast to expand at a CAGR of 8.5% during the period from 2015 to 2023



Video conferencing has changed the face of communication all over the world. This complicated technique, which simplifies face-to-face real-time communication over long distances has opened several channels for businesses and organizations. The world of video conferencing has accelerated globalization, creating new platforms for many multinational companies. The global video conferencing market will surge in the coming years due to increasing globalization and the need of business organizations to improve communication.


A complete brochure for this research is available for download.


Video Conferencing Market to Flourish as Companies Attempt Reducing Operational Costs


?In a volatile economy, reducing operational costs such as travel expenses is always a point of great debate. The global video conferencing market has, undoubtedly Cheap Adidas NMD Mens , offered the corporate world a chance to meet this dilemma on a middle ground. While individuals still have to travel to meet clients, video conferencing offers enterprises an option for establishing meaningful communication when travel can be avoided or is not possible. Furthermore, the facility of video conferencing has also helped companies improve their productivity, as it perfectly coincides with the increasingly popular mantra ‘do more with less’.


Video Conferencing Market to Grow at a CAGR of 8.50% from 2014 to 2023


According to research analysts at Transparency Market Research, the need to reduce operational costs and demand for seamless management of a global supply chain is expected to drive the global video conferencing market in the coming years. Additionally, increasing utilization of video conferencing services in several healthcare verticals and the public sector is also expected to propel this market. According to research analysts, the global market for video conferencing equipment and services was worth US$3.7 bn in 2014 and is expected to grow at a CAGR of 8.50% from 2015 to 2023.


The global video conferencing market is segmented on the basis of deployment Cheap Adidas NMD Womens , end-use industry, and geography. The types of deployments in the global video conferencing market are managed, cloud-based, and on-premise. The end-use industries of video conferencing are healthcare, corporate enterprises, government and defense, education Cheap Adidas NMD XR4 , and others such as manufacturing, retail, and media and entertainment. Geographically, this market is segmented into Latin America, the Middle East and Africa, Asia Pacific, Europe Cheap Adidas NMD XR1 , and North America.


Corporate Enterprises to Dominate Global Video Conferencing Market


Statistics show that corporate enterprises held the biggest share in the global video conferencing market, accounting for about 65% of the latter. The other verticals that are expected to make a significant contribution to the market are government and defense and healthcare. The on-premise video conferencing solutions segment is also contributing heavily to the global video conferencing market, as immersive telepresence systems and video conferencing infrastructure is being increasing used by Fortune 100 companies.


Geographically, North America held a share of 37.3% in the global video conferencing market in terms of revenue in 2014. This dominance is attributable to the growing usage of this technology by governments and businesses. However, analysts predict that Asia Pacific will witness the fastest growth in the forecast period due to increasing adoption of video conferencing in the healthcare, corporate, and public sectors.


Some of the important players in this market are Polycom Cheap Adidas NMD R2 , Inc., Cisco Systems, Inc., Avaya, Inc., Microsoft Corporation, Adobe Systems Cheap Adidas NMD R1 , Inc., Vidyo, Inc., ZTE Corporation, Huawei Technologies Co., Ltd., InterCall (West Corporation) Cheap Adidas NMD Shoes , and Lifesize (Division of Logitech International S.A.).


Browse the full Video Conferencing Market report at http:www.transparencymarketresearchvideo-conferencing-market


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