Allied Market Research

Video Conferencing Systems Market : Opportunity Analysis & Industry Forecast, 2017-2023

The global video conferencing systems market is expected to register substantial growth in the near future, attributed to a globalization of business, increased internet penetration, and easy availability of good resolution camera.

 

Portland, OR -- (SBWIRE) -- 03/02/2018 -- Factors that drive the video conferencing systems market are reduction in traveling cost for the businesses, and growth in demand for web-based applications.

Video conferencing systems refers to the technology that enables two or more people converse in real time by using computer networks. The need to provide better conversation experience, reduce travel cost, and increased IT expenditure generates the demand for the video conferencing systems market.

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The report segments the video conferencing systems market on the basis of component, type, and geography. On the basis of the component, the market is bifurcated into hardware and software. According to the type, the market is classified into telepresence, desktop, integrated, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of major market players such as Adobe Systems, Inc., Avaya Inc., Cisco Systems, Inc., Ericsson LG, Huawei Technologies Co., Ltd., Lifesize, Inc., Microsoft Corporation,