Asia Pacific Video Conferencing Market Overview
Asia Pacific video conferencing market has witnessed a rapid growth in the past years owing to the increasing digitalization, rising internet penetration coupled with growing economies. Additionally, the outburst of COVID-19 worked as a catalyst and boosted the market in 2020 & 2021 due to the adoption of work from home culture, increase in telehealth services as people were following social distancing and virtual interaction by many sectors such as corporate, education and healthcare to continue their daily operations. Further, in coming years, Asia Pacific video conferencing market is expected to witness a significant growth on account of adoption of permanent remote working and increasing digital health services.
According to 6Wresearch, Asia Pacific Video Conferencing Market size is expected to grow at a CAGR of 8.9% during 2022-2028. By countries, Japan owns the highest market share in Asia Pacific video conferencing market for the year 2021 as it is the most developed and technologically advance country in the region, further, the impact of pandemic fueled the market in 2020. However, Philippines is expected to witness the significant growth in coming years on the back of rapid growing economy and adoption of digitalization into corporate, education and healthcare sector.
Market by Types Analysis
By types, desktop segment accounted for highest share in revenue for the year 2021 and is expected to project fastest growth in the forecast period owing to increase in demand for portable devices for video conferencing in times where remote work and e-learning have become the new normal.
Key Highlights of the Report
- Asia Pacific Video Conferencing Market Overview
- Asia Pacific Video Conferencing Market Outlook
- Asia Pacific Video Conferencing Market Trends
- Asia Pacific Video Conferencing Market Forecast
- Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Asia Pacific Video Conferencing Market Growth
- Competitive Benchmarking
- Company Profiles
- Market Opportunity Assessment
- Asia Pacific Video Conferencing Market Share, By Companies
- Key Strategic Recommendations
- Historical Market Data and Forecast of Revenues, By Types for the Period 2018-2028F.
- Historical Data and Forecast of Asia Pacific Video Conferencing Market Revenues for the Period 2018-2028F.
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