Market Overview:
The global telepresence equipment market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for telepresence equipment from various end-use industries, such as education, pharmaceuticals, government, construction & engineering, entertainment and others. Additionally, the growing demand for personal telepresence equipment is also contributing to the growth of this market. On the basis of type, the global telepresence equipment market can be segmented into multi-codec telepresence equipment and personal telepresence equipment.
Product Definition:
Telepresence equipment is a type of video conferencing technology that allows users to feel as if they are in the same room as the other participants. This is done by providing high-quality video and audio feeds, as well as spatial audio, which gives users the perception of being able to hear sounds coming from all around them. Telepresence equipment can be used for a variety of purposes, such as conducting business meetings, collaborating on projects, or attending classes. The importance of telepresence equipment lies in its ability to allow people to interact with each other face-to-face despite being located remotely. This can help improve communication and collaboration between team members and students, while also reducing travel costs.
Multi-Codec Telepresence Equipment:
Multi-Codec Telepresence Equipment is a set of hardware and software that allows more than one video stream to be played at the same time, using different audio tracks. It also provides multiple telepresence video streams from different locations.
Increasing adoption of cloud-based solutions for telepresence applications is expected to drive market growth over the forecast period.
Personal Telepresence Equipment:
Personal Telepresence Equipment is a set of devices and components that allow users to establish an audio/video connection with another location. The equipment consists of a camera, monitor, microphone, and speakers. It allows the user to conduct real-time meetings over the internet using software such as Microsoft Lync or Cisco Webex.
The global Personal Telepresence Equipment market was valued at USD 1,Billion in 2015.
Application Insights:
The others application segment includes retail, hospitality, healthcare and banking. The use of video conferencing tools in these industries has increased over the past few years owing to the need for improved communication and collaboration technologies. The education sector is expected to emerge as a dominant market for TPE over the forecast period owing to its wide scope of application in distance education, training & workshops, corporate meetings and student exchange programs.
Telepresence equipment used by educational institutions allows teachers and professors to deliver lectures from remote locations while allowing students access through real-time interaction with them. Furthermore, it also enables staff members at educational institutions to manage more efficiently by providing an effective communication channel between them and their counterparts across departments or offices at universities or colleges campuses.
Regional Analysis:
North America dominated the global telepresence equipment market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing adoption of technologies, high disposable income and growing demand for improved employee engagement across various industries in North America. Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments by companies for improving their customer experience and need for real-time interaction with remote offices/locations. Moreover, rising number of large scale events such as sports matches & tournaments are also driving regional growth.
Europe accounted for a significant share within global market owing towards presence of key players such as Logitech GmbH; Cisco Systems Inc.; Polycom Inc.
Growth Factors:
- Increasing demand for telepresence equipment from the corporate sector for video conferencing and collaboration purposes.
- Rising popularity of telepresence equipment among small and medium businesses due to its cost-effective nature.
- Proliferation of 4G/LTE networks and increasing bandwidth availability that is aiding the uptake of telepresence equipment globally.
- Growing demand for cloud-based video conferencing services, which is benefiting the telepresence market growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Telepresence Equipment Market Research Report
By Type
Multi-Codec Telepresence Equipment, Personal Telepresence Equipment, Room based Telepresence Equipment
By Application
Education, Pharmaceuticals, Government, Construction & Engineering, Entertainment, Others
By Companies
Avaya Inc, Polycom, Cisco Systems, Array Telepresence, VidyoInc, Huawei Technologies Co, ZTE Corporation, TelePresence Tech, Integration Technologies Group
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Telepresence Equipment Market Report Segments:
The global Telepresence Equipment market is segmented on the basis of:
Types
Multi-Codec Telepresence Equipment, Personal Telepresence Equipment, Room based Telepresence Equipment
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, Pharmaceuticals, Government, Construction & Engineering, Entertainment, 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:
- Avaya Inc
- Polycom
- Cisco Systems
- Array Telepresence
- VidyoInc
- Huawei Technologies Co
- ZTE Corporation
- TelePresence Tech
- Integration Technologies Group
Highlights of The Telepresence Equipment 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:
- Multi-Codec Telepresence Equipment
- Personal Telepresence Equipment
- Room based Telepresence Equipment
- By Application:
- Education
- Pharmaceuticals
- Government
- Construction & Engineering
- Entertainment
- 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 Telepresence Equipment 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?
Telepresence equipment is a type of technology that allows people to remotely view, hear, and interact with objects or other people.
Some of the key players operating in the telepresence equipment market are Avaya Inc, Polycom, Cisco Systems, Array Telepresence, VidyoInc, Huawei Technologies Co, ZTE Corporation, TelePresence Tech, Integration Technologies Group.
The telepresence equipment market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telepresence Equipment 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 Telepresence Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telepresence Equipment 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 Telepresence Equipment 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 Telepresence Equipment Market Size & Forecast, 2018-2028
4.5.1 Telepresence Equipment Market Size and Y-o-Y Growth
4.5.2 Telepresence Equipment Market Absolute $ Opportunity
Chapter 5 Global Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Type
5.2.1 Multi-Codec Telepresence Equipment
5.2.2 Personal Telepresence Equipment
5.2.3 Room based Telepresence Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Applications
6.2.1 Education
6.2.2 Pharmaceuticals
6.2.3 Government
6.2.4 Construction & Engineering
6.2.5 Entertainment
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telepresence Equipment 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 Telepresence Equipment 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 Telepresence Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Type
9.6.1 Multi-Codec Telepresence Equipment
9.6.2 Personal Telepresence Equipment
9.6.3 Room based Telepresence Equipment
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 Telepresence Equipment Market Size Forecast by Applications
9.10.1 Education
9.10.2 Pharmaceuticals
9.10.3 Government
9.10.4 Construction & Engineering
9.10.5 Entertainment
9.10.6 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 Telepresence Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Type
10.6.1 Multi-Codec Telepresence Equipment
10.6.2 Personal Telepresence Equipment
10.6.3 Room based Telepresence Equipment
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 Telepresence Equipment Market Size Forecast by Applications
10.10.1 Education
10.10.2 Pharmaceuticals
10.10.3 Government
10.10.4 Construction & Engineering
10.10.5 Entertainment
10.10.6 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 Telepresence Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Type
11.6.1 Multi-Codec Telepresence Equipment
11.6.2 Personal Telepresence Equipment
11.6.3 Room based Telepresence Equipment
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 Telepresence Equipment Market Size Forecast by Applications
11.10.1 Education
11.10.2 Pharmaceuticals
11.10.3 Government
11.10.4 Construction & Engineering
11.10.5 Entertainment
11.10.6 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 Telepresence Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Telepresence Equipment 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 Telepresence Equipment Market Size Forecast by Type
12.6.1 Multi-Codec Telepresence Equipment
12.6.2 Personal Telepresence Equipment
12.6.3 Room based Telepresence Equipment
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 Telepresence Equipment Market Size Forecast by Applications
12.10.1 Education
12.10.2 Pharmaceuticals
12.10.3 Government
12.10.4 Construction & Engineering
12.10.5 Entertainment
12.10.6 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) Telepresence Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Telepresence Equipment 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) Telepresence Equipment Market Size Forecast by Type
13.6.1 Multi-Codec Telepresence Equipment
13.6.2 Personal Telepresence Equipment
13.6.3 Room based Telepresence Equipment
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) Telepresence Equipment Market Size Forecast by Applications
13.10.1 Education
13.10.2 Pharmaceuticals
13.10.3 Government
13.10.4 Construction & Engineering
13.10.5 Entertainment
13.10.6 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 Telepresence Equipment Market: Competitive Dashboard
14.2 Global Telepresence Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avaya Inc
14.3.2 Polycom
14.3.3 Cisco Systems
14.3.4 Array Telepresence
14.3.5 VidyoInc
14.3.6 Huawei Technologies Co
14.3.7 ZTE Corporation
14.3.8 TelePresence Tech
14.3.9 Integration Technologies Group
