Global Video Conferencing Devices Market Report 2021-2025: The $2.75 Billion Market Represents a Secular Growth Opportunity Driver
Dublin, Aug. 26, 2021 (GLOBE NEWSWIRE) -- The "State of the Global Video Conferencing Devices Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The $2.75 billion global video conferencing devices market represents a secular growth opportunity driven by the long-term, sustainable demand for video meetings to connect remote workers and geographically dispersed teams.
Growth in 2020 was primarily driven by adoption from remote workers, digital healthcare and online education. As travel and proximity restrictions triggered massive Work-from-Home (WFH) policies, meeting rooms remained more or less in a holding pattern. 2021 marks the beginning of the revival of meeting rooms and office spaces.
As businesses and educational institutions prepare for the return to work, it is expected that meeting rooms and classrooms will see heavy technology investments to support hybrid work and hybrid learning.
The video devices market is seeing an unprecedented pace of innovation with rampant proliferation in device form factors. A few years ago, users had limited choice of video conferencing devices. Today a growing array of device types and flexible deployment models are allowing end-users greater choice for video conferencing at home, at the office, and on the go.
This report uncovers several tops of mind trends for the short- to mid-term and analyzes the key workplace transformation and meeting device trends emerging in the post-pandemic era. As remote and hybrid work become the new normal, what will be the new growth opportunities for video devices? What will the meeting rooms of tomorrow look like?
Given the fast-changing market landscape, there are significant growth opportunities for vendors that can differentiate on better quality and more scalable, manageable and secure services and devices that ensure an optimal meeting experience regardless of where users work from.
This insight reassesses the growth opportunities available to vendors in this space and lays out key strategies for success in the post-COVID video conferencing devices market
Key Topics Covered:
1. Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
Growth Opportunities Fuel the Growth Pipeline Engine
2. Market Overview
Covid-19 and the Great Reset
More Meetings, More Rooms
Scope of Analysis
Market Segmentation
Segmentation by Meeting Room Size
Target Markets
Market Overview
Future of Video Conferencing Devices
Key Growth Metrics for Video Conferencing Devices
Growth Drivers
Growth Restraints
3. Transformative Workplace and Meeting Trends
Covid-19 Impact on Physical Office Space and Real Estate
Technology Prioritization Plans Post Covid-19
Workplace Evolution
Carpeted Offices Within Organizations
Meeting Room Trends
4. Technology and Product Evolution
A Device for Every Space
Growing Deployment Options
Growing Choice of Devices
5. Total Market Growth
Video Conferencing Devices - Total Addressable Market (TAM)
Cloud Video Meetings Boomed During the Pandemic
Forecast Assumptions
Pre-and Post-Covid Comparative Forecast
Total Market Revenue and Unit Shipment Forecast
Total Market Revenue Forecast by Device Type
Total Market Unit Shipment Forecast by Device Type
Total Market Pricing Forecast
Percent of Revenue by Device Type
Percent of Unit Shipments by Device Type
6. Opportunity by Room Size
Meeting Room Count and Video Conferencing Penetration Rate
Total Video Conferencing Devices - Revenue Forecast by Meeting Room Size
Total Video Conferencing Devices - Unit Forecast by Meeting Room Size
Classrooms - Revenue and Unit Shipment Forecast
Percent of Revenue by Room Size
Percent of Units by Room Size
7. Regional Opportunities
Total Video Conferencing Devices - Revenue by Region
Europe Middle East Africa (EMEA) - Top 5 Countries in Revenue Rankings
Asia Pacific (APAC) - Top 5 Countries in Revenue Rankings Competitive intensity in a mature market
Latin America (LATAM) - Top 5 Countries in Revenue Rankings Growing acceptance of video
8. Market Shares
Competitive Environment
Revenue Market Share
Unit Market Share
Key Competitors
9. Growth Opportunities
Top Recommendations
10. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/gpiudd
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