To Further Adoption of Web & Video Conferencing Risk of Next Waves of COVID-19 Infections Looms Large Leading Video Conferencing to Remain a Necessity & Undergo Makeover in Video Conferencing Players Heat up Competition with Innovative Is Zoom Inching towards Market Saturation? Pandemic Will End: Global Number of Annual COVID-19 Vaccineĭoses (In Million) for Years 2020 through 2025 by Geographic How Fast the World is Vaccinated Will Determine How Soon the While Zoom Rode COVID-19 Strom in Spectacular Manner, the ManiaĪppears to Recede with Stiff Competition & Vaccination World Economic Growth Projections (Real GDP, Annual % Change)ĬOVID-19 Pandemic Positively Impacts Video Conferencing Market Marked as a Year of Disruption & Transformation Impact of COVID-19 Pandemic and Looming Global Recession: 2020 China will remain among the fastest growing in this cluster of regional markets. These regional markets accounting for a combined market size of US$174.1 Million in the year 2020 will reach a projected size of US$333.8 Million by the close of the analysis period.
In the global Healthcare segment, USA, Canada, Japan, China and Europe will drive the 9.9% CAGR estimated for this segment. Within Europe, Germany is forecast to grow at approximately 11% CAGR.Healthcare Segment to Record 9.9% CAGR Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 10.3% respectively over the 2020-2027 period. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 13.3% over the analysis period 2020 to 2027. is estimated at US$1.2 Billion in the year 2020.
The Web and Video Conferencing SaaS market in the U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 13.3% CAGR Taking into account the ongoing post pandemic recovery, growth in the Education segment is readjusted to a revised 10.3% CAGR for the next 7-year period. Corporate, one of the segments analyzed in the report, is projected to record a 12.9% CAGR and reach US$4.1 Billion by the end of the analysis period. In the changed post COVID-19 business landscape, the global market for Web and Video Conferencing SaaS estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$7.6 Billion by 2027, growing at a CAGR of 11.9% over the analysis period 2020-2027. Online interactive peer-to-peer collaborative bespoke updatesĪccess to our digital archives and MarketGlass Research PlatformĬomplimentary updates for one yearGlobal Web and Video Conferencing SaaS Market to Reach $7.6 Billion by 2027 05, 2022 (GLOBE NEWSWIRE) - announces the release of the report "Global Web and Video Conferencing SaaS Industry".
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