Americas video conferencing market Overview
America video conferencing market grew significantly in the past years owing to increased demand for advanced communication systems in the corporate sector for easy and feature-rich communication between remote employees and international clients. Also, the strong presence of major market players in America, especially in the United States and Canada, region's high adoption rate of new technology, would open new lucrative chances for video conferencing solution providers to gain a significant market share. Further, the outbreak of the Covid-19 pandemic in 2020 had acted as a catalyst for the growth of the video conferencing market in America, since most enterprises, government organizations, educational, and healthcare institutions were forced to shift to virtual communication to continue their everyday operations.
According to 6Wresearch, the video conferencing market in Americas size grew at a CAGR of 9.5% during 2022-2028. Americas video conferencing market is expected to grow significantly in the forecast period as, 36.2 million Americans would be working remotely by 2025 and Economists estimate that 37% of jobs in the United States can be performed entirely at home, which will further fuel the growth of the market in the forecast years. Additionally, more than 70 colleges across 26 states are adapting Hybrid or blended programs for learning which would drive the market in the future.
Market Analysis By Countries
United States is an economically advanced country in the whole region accounting for the highest revenue share in 2021 and the same trend is expected to follow in the coming years due to the existence of numerous IT firms, multinational headquarters, and the growing need to connect their large workforce available at multiple locations. In addition, the country is technologically advanced, and video conferencing is quickly becoming a part of regular work routines.
Key Highlights of the Report
- Americas video conferencing Market Overview
- Americas Video Conferencing Market Overview
- Americas Video Conferencing Market Outlook
- Americas Video Conferencing Market Forecast
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Drivers and Restraints
- Market Trends
- Company Profiles
- Key Strategic Recommendations
- Industry Life Cycle
- Americas Video Conferencing Market Share, By Companies
- Competitive Benchmarking
- Historical Data and Forecast of Americas Video Conferencing Market Revenues for the Period 2018-2028F.
- Historical Market Data and Forecasts of Americas Video Conferencing Market Revenues, By Countries, for the Period 2018-2028F.
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