Video Conferencing Market Rising at More Than 10% CAGR During 2018-2024: Top Key Players Microsoft Corporation, Cisco Corporation, Adobe Systems Inc., Google Inc
The hardware market is expected to account for over 50% of the video conferencing market. The hardware segment comprises multipoint control units, codecs, and peripheral devices. The growth of the market can be attributed to the high implementation of multipoint control units among businesses and the need for highly interoperable solutions. The software segment is expected to grow at a CAGR of over 14% over the forecast timeline. This can be credited to the increasing demand for cloud-based solutions &...
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