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Middle East & Africa Video Conferencing Market
No. of Pages: 154 | Report Code: TIPRE00013330 | Category: Electronics and Semiconductor
No. of Pages: 154 | Report Code: TIPRE00013330 | Category: Electronics and Semiconductor
Video conferencing is a live video-based platform made for conducting meetings between two or more individuals in distinct locations through a video-enabled devices. It enables several individuals to meet and collaborate face to face through long distance meeting by transmitting video, audio, text, and presentations in a real time via internet. Video conferencing is an eccentric alternative to the actual physical travel, broadcast vision, and sound meetings without risk and time lost. The video conference is continuously evolving across the region due to the availability of 5G and the growing concept of digitization. Saudi Arabia and UAE are the major countries that are inclined to bring digitalization within their territory. In the current scenario and complex world of communications technology, the need to provide advanced technological solutions is gaining high momentum. Moreover, As per Okta’s first EMEA Business @ Work report, the OKta’s customers are opting for the Zoom app heavily in the region. As zoom works efficiently in low-bandwidth environments, it has provided the users with an opportunity to opt for video conferencing solutions. Earlier, the video conferencing has been bandwidth-intensive and thus was difficult in varied areas of EMEA, where Internet architecture is still inefficient. However, with constant and significant investments by telco & communication providers and government bodies in developing economies, the internet infrastructure is getting better. With the pace of time, the region has started to recognize the advantages of cloud communications, which would positively impact the adoption of more video conferencing solutions, including zoom.in the region.
Strategic insights for the Middle East & Africa Video Conferencing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 619.5 Million |
Market Size by 2027 | US$ 1182.6 Million |
Global CAGR (2020 - 2027) | 7.9% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
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The geographic scope of the Middle East & Africa Video Conferencing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The video conferencing market in MEA was valued at US$ 619.5 million in 2019 and is projected to reach US$ 1182.6 million by 2027; it is expected to grow at a CAGR of 7.9% from 2020 to 2027. The educational and healthcare sectors are maturing across developing countries and are continuously experiencing the emergence of advanced technological solutions to increase efficiency. Traditionally, these sectors used room based interaction strategies; however, with the rise in technology, these sectors are investing in virtual solutions for better performance. In recent years, several educational institutions and healthcare organizations are incorporating video conferencing tools to educate students and treat located remotely patients. This is a crucial driving force for the video conferencing market.
In terms of type, the hardware segment in the video conferencing market accounted for the largest share in 2019. In terms of deployment, the cloud segment in the video conferencing market accounted for the largest share in 2019. In terms of industry vertical, corporate enterprises segment in the video conferencing market accounted for the largest share in 2019.
Several major primary and secondary sources referred to for preparing this report on the video conferencing in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adobe Inc., Google LLC, Microsoft Corporation, and Zoom Video Communications, Inc., among others.
MEA Video Conferencing Market Segmentation
MEA Video Conferencing Market – Companies Mentioned
The Middle East & Africa Video Conferencing Market is valued at US$ 619.5 Million in 2019, it is projected to reach US$ 1182.6 Million by 2027.
As per our report Middle East & Africa Video Conferencing Market, the market size is valued at US$ 619.5 Million in 2019, projecting it to reach US$ 1182.6 Million by 2027. This translates to a CAGR of approximately 7.9% during the forecast period.
The Middle East & Africa Video Conferencing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Video Conferencing Market report:
The Middle East & Africa Video Conferencing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Video Conferencing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Video Conferencing Market value chain can benefit from the information contained in a comprehensive market report.