Europe Video Conferencing Market Summary, Competitive Analysis and Forecast to 2027
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Video Conferencing in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Video Conferencing is an online technology that allows users in different locations to hold face-to-face meetings without having to move to a single location together. Video conferencing can be one to one video based conversations, internal video calls or team meetings, external video calls for customer and vendor relationships, and large or all-hands meetings.
– The European video conferencing market had total revenues of $1.7 billion in 2022, representing a compound annual growth rate (CAGR) of 110.4% between 2017 and 2022.
– The IT and telecom segment accounted for market's the largest proportion in 2022, with total revenues of $0.7 billion, equivalent to 41.5% of the market's overall value.
– Europe has a highly developed IT and communication infrastructure which propels the adoption of online platforms to complement and facilitate effective and efficient communication.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the video conferencing market in Europe
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video conferencing market in Europe
– Leading company profiles reveal details of key video conferencing market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Europe video conferencing market with five year forecasts
Reasons to Buy
– What was the size of the Europe video conferencing market by value in 2022?
– What will be the size of the Europe video conferencing market in 2027?
– What factors are affecting the strength of competition in the Europe video conferencing market?
– How has the market performed over the last five years?
– Who are the top competitors in Europe's video conferencing market?
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