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Latin America Virtual Meeting Software Market 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 93 Pages Triton Market Research April, 2022 TRTN17136719
Best Price Guarantee
Price from $1,500
Length 93 Pages
Publisher Triton Market Research
Published Date April, 2022
SKU TRTN17136719

Latin America Virtual Meeting Software Market 2022-2028

MARKET OUTLOOK

The Latin America virtual meeting software market is expected to showcase growth with a CAGR of 12.70% over the forecasting years from 2022 to 2028, as per a report by Triton Market Research. Mexico, Brazil, and Rest of Latin America together form the market in this region.

The growing trend of digitalization across industries like BFSI, education, and healthcare is significantly fueling the growth of the virtual meeting software market in Brazil. The rising proliferation of connected devices and increasing internet penetration are enabling the efficient use of virtual meeting solutions. A large number of companies are expanding their base in the country by setting up offices and factories, as a consequence of favorable government policies and efforts to boost the nation’s economic growth. Thus, the demand for VM software is growing in order to conduct long-distance meetings. This will bolster the market’s growth in the coming years.

According to a survey conducted in 2021, nearly 58% of Mexicans started using WhatsApp to make video calls for communication in the preceding six months. Video conferencing app Zoom was the second most used option for virtual communication with approximately 53.5%. Whereas, Facebook Messenger was preferred by 25.8% of the respondents surveyed. On the other hand, in Argentina, Zoom was the top video conferencing app used by employees during ‘work from home’ in 2020. These developments are adding to the growth of the VMS market in the region.

COMPETITIVE OUTLOOK

Major players engaged in the virtual meeting software market include Airmeet Inc, Zoom Video Communications Inc, Livestrom Inc, Cisco Systems Inc, Alphabet Inc, Adobe Inc, Avaya Inc, Aventri Inc, and Goto Inc.


1. Latin America Virtual Meeting Software Market – Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Virtual Meeting Software Industry
2.2. Key Insights
2.2.1. Growing Online Education
2.2.2. Increasing Acceptance Of Virtual Meeting Software
2.2.3. Rising Penetration Of Digital Platforms
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Key Impact Analysis
2.4.1. Compatibility
2.4.2. Ease Of Use
2.4.3. Integration
2.4.4. Cost-effectiveness
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Product Launches & Developments
2.7.3. Partnerships
2.7.4. Business Expansions
2.8. Market Drivers
2.8.1. Increase In The Number Of Virtual Meeting Software Providers Across The Globe
2.8.2. Surge In The Adoption Of Technologies Like Facial Recognition
2.8.3. Rise In The Adoption Of Virtual Meeting Software By Corporate And Government Organizations
2.9. Market Challenges
2.9.1. Less Face-to-face Contact With Clients And Colleagues
2.9.2. Technical Difficulties
2.10. Market Opportunities
2.10.1. Closure Of Offices And Other Facilities Due To Lockdowns
2.10.2. Increased Productivity Due To Work-from-home Culture
3. Latin America Virtual Meeting Software Market Outlook – By Deployment Type
3.1. On-premise
3.2. Cloud
4. Latin America Virtual Meeting Software Market Outlook – By Component
4.1. Software
4.2. Service
5. Latin America Virtual Meeting Software Market Outlook – By Enterprise Size
5.1. Large Enterprises
5.2. Small & Medium Enterprises
6. Latin America Virtual Meeting Software Market Outlook – By Applications
6.1. Bfsi
6.2. Education
6.3. It & Telecom
6.4. Government
6.5. Healthcare
6.6. Manufacturing
6.7. Other Applications
7. Latin America Virtual Meeting Software Market – Country Outlook
7.1. Brazil
7.2. Mexico
7.3. Rest Of Latin America
8. Competitive Landscape
8.1. Zoom Video Communications Inc
8.2. Microsoft Corporation
8.3. Zoho Corporation
8.4. Adobe Inc
8.5. Alphabet Inc
8.6. Cisco Systems Inc
8.7. Goto Inc
8.8. Huawei Technologies Co Ltd
8.9. Avaya Inc
8.10. Aventri Inc
8.11. Sine Wave Entertainment Ltd
8.12. Lifesize Inc
8.13. Amazon Inc
8.14. Livestorm Inc
8.15. Airmeet Inc
9. Research Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources Of Data
9.3. Research Methodology
Table List
Table 1: Latin America Virtual Meeting Software Market, By Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Acquisitions
Table 4: List Of Product Launches & Developments
Table 5: List Of Partnerships
Table 6: List Of Business Expansions
Table 7: Latin America Virtual Meeting Software Market, By Deployment Type, 2022-2028 (In $ Million)
Table 8: Latin America Virtual Meeting Software Market, By Component, 2022-2028 (In $ Million)
Table 9: Latin America Virtual Meeting Software Market, By Enterprise Size, 2022-2028 (In $ Million)
Table 10: Latin America Virtual Meeting Software Market, By Applications, 2022-2028 (In $ Million)
Table 11: Latin America Virtual Meeting Software Market, By Country Outlook, 2022-2028 (In $ Million)
Figure List
Figure 1: Key Buying Impact Analysis
Figure 2: Market Attractiveness Index
Figure 3: Virtual Meeting Software Solution For A Working Person And Related Sector
Figure 4: Latin America Virtual Meeting Software Market, Deployment Type Outlook, 2021 & 2028 (In %)
Figure 5: Latin America Virtual Meeting Software Market, By On-premise, 2022-2028 (In $ Million)
Figure 6: Latin America Virtual Meeting Software Market, By Cloud, 2022-2028 (In $ Million)
Figure 7: Latin America Virtual Meeting Software Market, Component Outlook, 2021 & 2028 (In %)
Figure 8: Latin America Virtual Meeting Software Market, By Software, 2022-2028 (In $ Million)
Figure 9: Latin America Virtual Meeting Software Market, By Service, 2022-2028 (In $ Million)
Figure 10: Latin America Virtual Meeting Software Market, Enterprise Size Outlook, 2021 & 2028 (In %)
Figure 11: Latin America Virtual Meeting Software Market, By Large Enterprises, 2022-2028 (In $ Million)
Figure 12: Latin America Virtual Meeting Software Market, By Small & Medium Enterprises, 2022-2028 (In $ Million)
Figure 13: Latin America Virtual Meeting Software Market, Applications Outlook, 2021 & 2028 (In %)
Figure 14: Latin America Virtual Meeting Software Market, By Bfsi, 2022-2028 (In $ Million)
Figure 15: Latin America Virtual Meeting Software Market, By Education, 2022-2028 (In $ Million)
Figure 16: Latin America Virtual Meeting Software Market, By It & Telecom, 2022-2028 (In $ Million)
Figure 17: Latin America Virtual Meeting Software Market, By Government, 2022-2028 (In $ Million)
Figure 18: Latin America Virtual Meeting Software Market, By Healthcare, 2022-2028 (In $ Million)
Figure 19: Latin America Virtual Meeting Software Market, By Manufacturing, 2022-2028 (In $ Million)
Figure 20: Latin America Virtual Meeting Software Market, By Other Applications, 2022-2028 (In $ Million)
Figure 21: Latin America Virtual Meeting Software Market, Country Outlook, 2021 & 2028 (In %)
Figure 22: Brazil Virtual Meeting Software Market 2022-2028 (In $ Million)
Figure 23: Mexico Virtual Meeting Software Market 2022-2028 (In $ Million)
Figure 24: Rest Of Latin America Virtual Meeting Software Market 2022-2028 (In $ Million)

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