Global Web Real Time Communication (WebRTC) Market 2024-2028
The web real time communication (WebRTC) market is forecasted to grow by USD 185610.8 mn during 2023-2028, accelerating at a CAGR of 66.71% during the forecast period. The report on the web real time communication (WebRTC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for easy-to-use RTC solutions, convenience offered by plugin-free real-time communication systems, and increased use of video and voice conferencing.
Technavio's web real time communication (WebRTC) market is segmented as below:
By Application
By Platform
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the combination of WebRTC and iot sensors as one of the prime reasons driving the web real time communication (WebRTC) market growth during the next few years. Also, increased adoption of BYOD concept and increasing in integration of WebRTC with other technologies will lead to sizable demand in the market.
The report on the web real time communication (WebRTC) market covers the following areas:
- Web real time communication (WebRTC) market sizing
- Web real time communication (WebRTC) market forecast
- Web real time communication (WebRTC) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading web real time communication (WebRTC) market vendors that include ALE International, Alphabet Inc., Anthology Inc., Apple Inc., AT and T Inc., Avaya LLC, CafeX Communications Inc., Cisco Systems Inc., Enghouse Systems Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Mitel Networks Corp., Oracle Corp., Plivo Inc., Quobis Networks SLU, Ribbon Communications Inc., SANGOMA TECHNOLOGIES CORP., Telefonaktiebolaget LM Ericsson, and Twilio Inc.. Also, the web real time communication (WebRTC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.