Market Overview:
The global online meeting solutions market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online meeting solutions from various end-user segments, such as education, SMBs, and large enterprises. Additionally, the growing trend of BYOD (Bring Your Own Device) is also contributing to the growth of this market. Cloud-based online meeting solutions are expected to witness higher adoption rates than on-premise solutions during the forecast period. This can be attributed to their lower costs and easy deployment and management capabilities.
Product Definition:
An online meeting solution is a type of software that allows for people to meet and collaborate online. This can include features such as video conferencing, chat, and file sharing. Online meeting solutions are important because they allow for people to work together remotely, which can be helpful for businesses that have employees located around the world. Additionally, online meeting solutions can help save time and money by allowing people to communicate without having to travel.
Cloud-Based:
Cloud-based solutions are expected to be a key component of the overall Online Meeting Solutions market over the next six years. The growth factor for this segment is attributed to factors such as growing demand from small and medium businesses, cost effectiveness, ease of access from any device (PC/Laptops, Smartphones or Tablets), no maintenance costs and scalability as per requirement.
On-Premise:
On-premise solutions are software and hardware systems that are installed and used on the end-users premises. The system is fully owned by the customer; therefore, there is no third-party access to data or applications. On premise solution provides complete control over all components of a meeting application, including audio & video streaming, content management system (CMS), screens & microphones, recording tools and slide shows.
Application Insights:
The small and medium-sized business (SMB) segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing adoption of online meeting solutions by SMBs due to their need for collaboration and communication tools. Online meetings help SMBs in saving costs incurred on travel and accommodation, time consumed in planning meetings, as well as resources spent on equipment rental & maintenance. Moreover, online meeting solutions for SMBs provide features such as whiteboard support, screen sharing & slidesharing capabilities that enhance collaboration between departments within an organization or with external partners.
Online education platform providers such as lynda.com Inc., Udemy Inc., Coursera Inc., edX LLC are using video conferencing tools for remote student teachers to hold classes discussions which further boosts the demand across various industries including BFSI, IT etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of small and medium-sized businesses (SMBs) that are increasingly adopting online meeting solutions. Moreover, high adoption rate for technologies such as cloud computing, social media, and analytics among SMBs is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the forecast period owing to increasing demand from enterprises based in China and India. Furthermore, government initiatives encouraging digitalization are also expected to contribute significantly toward regional growth over next eight years.
Growth Factors:
- Increasing demand for online meeting solutions from small and medium businesses (SMBs) due to the growing awareness of the benefits of online meetings over traditional face-to-face meetings.
- The increasing number of remote workers, who prefer to use online meeting solutions to connect with colleagues and clients located in other parts of the world.
- The growing trend of BYOD (Bring Your Own Device) in workplaces, which is driving demand for online meeting solutions that can be accessed from a variety of devices and platforms.
- Rapid advancements in cloud technology, which is making it easier and more affordable for businesses to deploy online meeting solutions without having to invest in expensive hardware or software infrastructure.
- The increasing popularity of video conferencing among business users, as it allows them to not only hold meetings but also conduct presentations and product demonstrations with high visual impact
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Meeting Solutions Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Education, SMBs, Large Enterprises, Others
By Companies
Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Online Meeting Solutions Market Report Segments:
The global Online Meeting Solutions market is segmented on the basis of:
Types
Cloud-Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Education, SMBs, Large Enterprises, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco
- Microsoft
- BlueJeans Network
- Zoom
- Google
- LogMein
- PGi
- Huawei
- Fuze
- Vidyo
- Adobe
- Lifesize
- Blackboard
- ZTE
Highlights of The Online Meeting Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premise
- By Application:
- Education
- SMBs
- Large Enterprises
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Online Meeting Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Online Meeting Solutions is a company that provides online meeting services. It offers tools and resources to help people organize, manage, and participate in online meetings.
Some of the major players in the online meeting solutions market are Cisco, Microsoft, BlueJeans Network, Zoom, Google, LogMein, PGi, Huawei, Fuze, Vidyo, Adobe, Lifesize, Blackboard, ZTE.
The online meeting solutions market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online Meeting Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Online Meeting Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Online Meeting Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Online Meeting Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Online Meeting Solutions Market Size & Forecast, 2018-2028
4.5.1 Online Meeting Solutions Market Size and Y-o-Y Growth
4.5.2 Online Meeting Solutions Market Absolute $ Opportunity
Chapter 5 Global Online Meeting Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Online Meeting Solutions Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Online Meeting Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Online Meeting Solutions Market Size Forecast by Applications
6.2.1 Education
6.2.2 SMBs
6.2.3 Large Enterprises
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Meeting Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Online Meeting Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Online Meeting Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Online Meeting Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Online Meeting Solutions Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Online Meeting Solutions Market Size Forecast by Applications
9.10.1 Education
9.10.2 SMBs
9.10.3 Large Enterprises
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Online Meeting Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Online Meeting Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Online Meeting Solutions Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Online Meeting Solutions Market Size Forecast by Applications
10.10.1 Education
10.10.2 SMBs
10.10.3 Large Enterprises
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Online Meeting Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Online Meeting Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Online Meeting Solutions Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Online Meeting Solutions Market Size Forecast by Applications
11.10.1 Education
11.10.2 SMBs
11.10.3 Large Enterprises
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Online Meeting Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Online Meeting Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Online Meeting Solutions Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Online Meeting Solutions Market Size Forecast by Applications
12.10.1 Education
12.10.2 SMBs
12.10.3 Large Enterprises
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Online Meeting Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Online Meeting Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Online Meeting Solutions Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Online Meeting Solutions Market Size Forecast by Applications
13.10.1 Education
13.10.2 SMBs
13.10.3 Large Enterprises
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Online Meeting Solutions Market: Competitive Dashboard
14.2 Global Online Meeting Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco
14.3.2 Microsoft
14.3.3 BlueJeans Network
14.3.4 Zoom
14.3.5 Google
14.3.6 LogMein
14.3.7 PGi
14.3.8 Huawei
14.3.9 Fuze
14.3.10 Vidyo
14.3.11 Adobe
14.3.12 Lifesize
14.3.13 Blackboard
14.3.14 ZTE
