【English Market Research Report】Global Market for Video Conferencing Devices
Product ID: 1149026 Publisher: Frost & Sullivan
State of the Global Video Conferencing Devices Market
The global video conferencing system market size is $3.85 billion and is undergoing significant changes due to large-scale transformations in work, workplaces, and the workforce. The CAGR for the next five years is expected to be a robust 23.9%, reaching a market size of $11.25 billion by 2027. The unit CAGR is forecasted to be 15.3%, driven by the need for all meeting spaces to be video-enabled for hybrid work. The adoption rate of video conferencing is expected to triple between 2020 and 2027, fueled by the momentum of video-first transformations in businesses and educational settings. This report analyzes the video conferencing device market, summarizing new trends in hybrid work, the impact on meeting spaces, and the growth of video conferencing devices.
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Publication Date: October 17, 2022 Publisher: Frost & Sullivan Page Information: English 74 Pages Table of Contents Strategic Imperatives Market Overview Key Findings Trends in Hybrid Work Trends in Devices and Meeting Rooms Forecast for Video Conferencing Devices Forecast for Room Devices Room Devices: Competitive Landscape Growth Opportunities Next Steps *The table of contents and pricing for this report are as of the time of publication. Please contact us for the latest information.*
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