North America Video Conferencing Market Summary, Competitive Analysis and Forecast to 2027
Summary
Video Conferencing in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Video Conferencing is an online technology that allows users in different locations to hold face-to-face meetings without having to move to a single location together. Video conferencing can be one to one video based conversations, internal video calls or team meetings, external video calls for customer and vendor relationships, and large or all-hands meetings.
The North American video conferencing market had total revenues of $6.2 billion in 2022, representing a compound annual growth rate (CAGR) of 113.1% between 2017 and 2022.
The IT and telecom segment accounted for market's the largest proportion in 2022, with total revenues of $2.6 billion, equivalent to 42.7% of the market's overall value.
The penetration of digitalization is growing significantly across the corporate sector encouraging several small and medium enterprises (SMEs) to implement virtual collaboration techniques.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the video conferencing market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video conferencing market in North America
Leading company profiles reveal details of key video conferencing market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the North America video conferencing market with five year forecasts
Reasons to Buy
What was the size of the North America video conferencing market by value in 2022?
What will be the size of the North America video conferencing market in 2027?
What factors are affecting the strength of competition in the North America video conferencing market?
How has the market performed over the last five years?
Who are the top competitors in North America's video conferencing market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Atos SE
8.2. Teleperformance SE
8.3. RWS Holdings PLC
8.4. TELUS International Inc
8.5. Appen Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Related GlobalData research
About GlobalData
List of Tables
Table 1: North America data collection and labeling market value: $ million, 2017-22
Table 2: North America data collection and labeling market category segmentation: % share, by value, 2017-2022
Table 3: North America data collection and labeling market category segmentation: $ million, 2017-2022
Table 4: North America data collection and labeling market geography segmentation: $ million, 2022
Table 5: North America data collection and labeling market value forecast: $ million, 2022-27