An exclusive report title “Virtual Meeting Software Market” published by Evolve Business Intelligence provides a detailed analysis of market size and forecast with key insights such as current and future trends, consumption pattern, end-user preference, growth and restraining factor, and company profiling. According to the report published, the global virtual meeting software market size is expected to reach $102.75 Billion by 2028 growing at the CAGR of 27.03% from 2021 to 2028.
Major Players in Virtual Meeting Software Market:
- Avaya Inc.
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- Lifesize, Inc.
- LogMeIn, Inc
- Microsoft Corporation
- Ring Central, Inc.
- Zoom Video Communications, Inc.
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COVID-19 Impact Analysis
The global Virtual Meeting Software market is expected to have a positive impact in the near future (2020 & 2021) due to the temporary halt in the service facilities. The employees/ industry executives had a slowdown of the distribution channel due to supply chain disruption. The import and export supply of products has been impacted due to the temporary cross-border restriction.
Market Segment By Component (Solution, Service): Service segment to grow at the highest CAGR during the forecast period.
Market Segment By Deployment Model (On-Premise, Cloud): Cloud Segment accounted for the largest market size in 2020.
Market Segment By Enterprise Size (Large Enterprises, Small and Medium Enterprises): Large Enterprises Segment to account for the highest CAGR during the forecast period.
Market Segment By Industry Vertical (BFSI, Education, IT & Telecom, Government & Public, Manufacturing, Media & Entertainment, Oil & Gas, Others): BFSI Segment accounted for the largest market size in 2020.
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa and South America)
The geographic coverage in the study includes the factors that impact the growth and affecting the market across each region. The region study is categorized based on the production, consumption, growth rate, supply-demand analysis, import & export in each country. In Virtual Meeting Software Market, North America is expected to grow at the highest CAGR during the forecast period. The report also includes a detailed analysis of the companies associated with the Virtual Meeting Software Market by region with major factors such as manufacturing facilities, revenue generated, production capacity, market share, product portfolio, and SWOT Analysis.
- What is the market size in 2020 and Forecast from 2021 to 2028?
- What are the growth factors and trends coupled with opportunities and challenges?
- Who are the key players associated with the Virtual Meeting Software Market?
- What are the market share and key player positioning in Virtual Meeting Software Market?
- What are the Strength, Weaknesses, Threats, and Opportunities of Each Company in the Virtual Meeting Software Market?
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