India Video Conferencing Market (2021-2027)
Market Forecast By Types (Hardware (Telepresence, Integrated, Desktop), Software (On-Premise, Cloud), Services (Managed, Professional)), By Sectors (Corporate, Education, Healthcare, Government & Other (Legal Services, Financial Services, Hospitality)), By Regions (Eastern, Western, Northern, Southern) And Competitive Landscape
According to 6Wresearch, the India Video Conferencing Market Size is projected to grow at a CAGR of 1.5% during 2021-27F. The software industry has highly benefitted from the increasing effect of COVID. Due to the imposition of nationwide lockdown in the country to contain the spread of the Coronavirus, the majority of the companies adopted work from home strategies, which has upsurged the market value for video conferencing solutions as companies rely on video conferencing platforms to uphold timely meetings and conferences with employees at the ease of their homes. Moreover, with an increase in the need for advanced secure socket layer (SSL) coupled with rising transitions towards face-to-face meeting for better understanding of concepts and terminologies of a particular meeting session is expected to instigate market growth for the software segment in the Indian market in the near future.
India video conferencing market has witnessed sound digital growth in recent years mainly driven by the transition of the corporate sector towards globalization from the past decade. Additionally, the growing trend of work from home due to the outbreak of the COVID-19 pandemic in 2020, which resulted in a nationwide lockdown, coupled with cost-saving options provided by the video conferencing software would further propel the market growth in the near future.
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Key Highlights of the report:
India Video Conferencing Market Overview
India Video Conferencing Market Trends
India Video Conferencing Market Outlook
India Video Conferencing Market Forecast
Market Drivers
Market Restraints
Market Opportunity Assessment
India Video Conferencing Market Ranking, By Company
Industry Life Cycle
Porter’s Five Force Analysis
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Historical Data and Forecast of India Video Conferencing Market Revenues By Types, Sectors and Regions for the Period 2017-2027F
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