Global Web Real Time Communications Market, By Type (Solutions, Services) By Organization size (Large, Small, Medium), By Vertical (IT & Telecommunications, Media & Entertainment) - Forecast 2023
Web Real Time Communications Market Overview:
In its
research report, Market Research Future (MRFR) emphasizes that the global web
real-time communications market 2020 is expected to grow signifcantly, securing
a substantial market valuation of up to USD 10 billion and a healthy 44% CAGR
over the review period.
Competitive
Analysis:
The major
market players operating in the Web Real Time Communications Market
as acknowledged by MRFR are
AT&T (U.S.), Avaya, Inc. (U.S.), Apidaze (France), Cafex Communications,
Inc. (U.S.), Cisco Systems, Inc. (U.S.), Dialogic, Inc. (U.S.), Polycom, Inc.
(U.S.), Oracle (U.S.), Twilio, Inc. (U.S.), TokBox, Inc. (U.S.), GENBAND Inc.
(U.S.)and Quobis (Spain) among others.
Drivers and Restraints:
The factors
that contribute to the growth of the web real-time communications market are
growing demand for safe communications mode, increasing demand from business to
enhance customer relationship management, increasing adoption of such solutions
in the healthcare sector, and increasing demand for better communications
solutions. In addition, web RTC offers a higher quality of video and audio at a
lower cost with an improved level of protection relative to other
telecommunications systems and thus could drive the development of the global
web RTC industry. The benefits of introducing such approaches also improve the
efficiency of an organization, reduce various costs, and reduce the
complexities. Web real-time communications can offer improved video and audio
quality at a lower cost than other telecommunications systems. Consumer
development facing industries such as retail, healthcare, and hospitality will
further fuel the development of the RTC web sector.
Web RTC is
still an evolving technology, however, and thus has specific problems such as
privacy issues in the use of the public internet and data protection. These
issues are expected to curb global network RTC market growth. The web real time
communication technology is not supported in iOS, and windows are hampering the
growth of the overall market.
Segmental
Analysis:
The global
market has been segmented, based on type, into solutions and services. The
solutions segment comprises video conferencing, messaging, voice calling, and
others. The services segment comprises of consulting, integration, and others.
- Based on the organization size, the market
comprises of large, medium, and small.
- On the basis of vertical, the global
market has been divided into healthcare, IT & telecommunications,
media & entertainment, BFSI, government and transportation, retail,
among others. Out of these verticals, the IT & Telecommunications
segment assessed as the largest market share majorly due to advanced
technologies with the existing infrastructure, delivering real-time
solutions to consumers, and eliminates various complexities. The
healthcare segment is slated to grow at a fast pace over the review
period, 2017-2023.
Regional
Overview:
The
geographical overview of the global market has been analyzed in four major
regions, including the Asia Pacific, North America, Europe, and the rest of the
world. Due to increased acceptance of innovative technology technologies,
expansion of the internet network, increased demand for improved operational
performance, and a strong presence of solution providers, North America had the
largest market share. Countries like the U.S. and Canada primarily lead to
business growth. Over the forecast period, the market is projected to rise in
the North American region with the largest market share to gain a CAGR.
Europe takes North America's lead. A growing understanding of its potential
benefits for this area is pushing the demand ahead. During the forecast era,
APAC expects the fastest CAGR. Countries like India and China have started
implementing the technology with their considerable industrial growth, which
ensures a significant rise in the regional market. In addition, several
companies are centered in this area that can serve as a software-defined
booster to the security industry.
Table of
Contents
1 Market
Introduction
1.1
Introduction
1.2 Scope
Of Study
1.2.1
Research Objective
1.2.2
Assumptions
1.2.3
Limitations
1.3 Market
Structure
2
Research Methodology
2.1
Research Network Type
2.2 Primary
Research
2.3
Secondary Research
2.4
Forecast Model
2.4.1
Market Data Collection, Analysis & Forecast
2.4.2
Market Size Estimation
Continued…
For More
Information @ https://www.marketresearchfuture.com/reports/web-real-time-communications-market-3264
List of
Table
Table 1 Web
Real Time Communications Market, By Type
Table 2 Web
Real Time Communications Market, By Organization Size
Table 3 Web
Real Time Communications Market, By Vertical
Table 4 Web
Real Time Communications Market, By Geography
Table 5
North America Web Real Time Communications Market, By Type
Continued…
List of
Figures
Figure 1
Research Methodology
Figure 2
Web Real Time Communications Market, By Type (%)
Figure 3
Web Real Time Communications Market, By Organization Size (%)
Figure 4
Web Real Time Communications Market, By Vertical (%)
Figure 5
Web Real Time Communications Market, By Regions (%)
Continued…
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