Middle East Video Conferencing Market (2021-27)
Market Forecast By Types (Hardware, Software, Services), By Hardware Types (Telepresence, Integrated, Desktop), By Software Types (On-Premise, Cloud-Based), By Services Types (Managed, Professional), By Sectors (Corporate Sector, Education Sector, Government Sector, Healthcare Sector, Other Sectors Like Banking, Financial Services, Insurance, Media, And Entertainment), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, Rest Of The Middle East (Iraq, Iran, Lebanon) And Competitive Landscape
According to 6Wresearch, Middle East Video Conferencing Market size is projected to grow at CAGR of 12.9% during 2021-27. The Middle East region has seen slow growth in the period 2017-2019 due to ban on several video conferencing applications in the countries such as UAE, Oman, Qatar, among others, and if any end-user had to use the same, they had to take permission from the government of their respective country. However, the region witnessed a hike in the year 2020 due to the roll out 5G network in most of the countries in 2019 which lead to a rise in internet performance, which further contributed to the growth of advanced video communication services and software in the region.
Middle East 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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Market Analysis by Type
Based on types, hardware type video conferencing solutions accounted for the highest revenue share for the year 2020 owing to the increased adoption of digital platforms by various business organizations in the region to enhance the smooth working of their business operations.
Key Highlights of the Report
Middle East Video Conferencing Market Overview
Middle East Video Conferencing Market Trends
Middle East Video Conferencing Market Outlook
Middle East Video Conferencing Market Forecast
Market Drivers and Restraints
Industry Life Cycle
Porter’s Five Force Analysis
Market Opportunity Assessment
Competitive Benchmarking
Company Profiles
Middle East Video Conferencing Market Share, By Companies
Key Strategic Recommendations
Historical Market Data and Forecasts of Revenues, by Software, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Services, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Sectors, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Regions, for the Period 2017-2027.
Historical Market Data and Forecast of Revenues, by Types for the Period 2017-2027.
Historical Market Data and Forecast of Revenues, by Hardware for the Period 2017-2027.
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