Market Overview:
The global web conferencing software 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 cloud-based web conferencing software and rising adoption of web conferencing by small and medium businesses (SMBs). Based on type, the global web conferencing software market can be segmented into cloud-based and on-premise. The cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period. This growth can be attributed to the growing demand for cloud services due to their lower costs and ease of use as compared with on-premise solutions. Based on application, the global web conferencing software market can be divided into interview, company conference, community, others (training & education, product demonstrations). The company conference segment is expected to hold a major share of this market in 2018 owing to its high adoption by large enterprises for conducting online meetings and conferences.
Product Definition:
Web conferencing software is a computer program that allows people to hold online meetings. It can be used for a variety of purposes, such as collaborating on projects, holding training sessions, or conducting sales presentations. Web conferencing software is important because it allows people to communicate and collaborate online in real time. This can save time and money by eliminating the need for travel.
Cloud-Based:
Cloud-based software is a type of software service model that provides an interface between the application and data, allowing users to access information through a web browser. The cloud-based conferencing system has been rapidly adopted by organizations as it helps them reduce their IT infrastructure costs. It also offers benefits such as increased efficiency and flexibility for businesses with limited budgets.
On-Premise:
On-premise software is a type of software that is installed and used on the end user's own computer. The end-user can use this type of software directly without any additional hardware. This has been the traditional way for many applications to function, from email to database management systems and beyond.
Application Insights:
The others application segment held the largest market share in 2017. This is attributed to the increasing use of web conferencing software by various organizations for conducting meetings with customers, partners and employees. Furthermore, companies are also using this tool for online training sessions and knowledge sharing among departments within an organization. The growing popularity of such applications is expected to drive industry growth over the forecast period.
The company conference application segment accounted for a significant market share in 2017 owing to its rising adoption by companies as a medium to communicate with their employees across different timezones and locations efficiently without any additional cost involved. Moreover, several large enterprises are also adopting web conferencing tools along with video collaboration tools that offer high-quality audio & video Conferencing Services at comparatively low costs when compared with other service providers globally which is further anticipated to fuel industry expansion over the next few years (weeks).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of industry players, such as Cisco Systems, Inc., Oracle Corporation, and Avaya Inc. These companies are continuously investing in research & development activities to develop innovative products for meeting and conferencing needs. Moreover, increasing demand for high-quality video conferences due to rapid technological advancements is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing adoption of web conferencing software by small & medium enterprises (SMEs). SMEs use these applications for conducting meetings with clients or across geographies; thus driving regional revenue generation. Additionally, growing penetration of internet services coupled with rising smartphone adoption will augment usage rates across this region during the forecast period.
Growth Factors:
- Increasing demand for online meetings and webinars for business purposes
- Rising number of small businesses and startups that are opting for web conferencing software to reduce communication costs
- Proliferation of broadband internet connections and smartphones, which is aiding in the widespread adoption of web conferencing software
- Growing trend of remote working among employees, which is driving the need for efficient collaboration tools such as web conferencing software
- Increased focus on sustainability by organizations, which is resulting in a growing demand for video conferencing solutions that help reduce travel emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Web Conferencing Software Market Research Report
By Type
Cloud-Based, On-Premise
By Application
Interview, Company Conference, Community, Others
By Companies
Microsoft Skype for Business, Adobe Connect, Livestorm, Zoho Meeting, Wire, Webinato, WebinarJam, FluentStream, TeamViewer, Facebook Live, Zoom Video Conferencing
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Web Conferencing Software Market Report Segments:
The global Web Conferencing Software 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
Interview, Company Conference, Community, 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:
- Microsoft Skype for Business
- Adobe Connect
- Livestorm
- Zoho Meeting
- Wire
- Webinato
- WebinarJam
- FluentStream
- TeamViewer
- Facebook Live
- Zoom Video Conferencing
Highlights of The Web Conferencing Software 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:
- Interview
- Company Conference
- Community
- 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 Web Conferencing Software 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?
Web conferencing software is a type of software that allows users to connect to each other online for the purpose of conducting meetings, discussions, or presentations.
Some of the major companies in the web conferencing software market are Microsoft Skype for Business, Adobe Connect, Livestorm, Zoho Meeting, Wire, Webinato, WebinarJam, FluentStream, TeamViewer, Facebook Live, Zoom Video Conferencing.
The web conferencing software 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 Web Conferencing Software 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 Web Conferencing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Web Conferencing Software 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 Web Conferencing Software 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 Web Conferencing Software Market Size & Forecast, 2020-2028
4.5.1 Web Conferencing Software Market Size and Y-o-Y Growth
4.5.2 Web Conferencing Software Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 Market Size Forecast by Applications
6.2.1 Interview
6.2.2 Company Conference
6.2.3 Community
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Web Conferencing Software 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 Web Conferencing Software 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Interview
9.10.2 Company Conference
9.10.3 Community
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Interview
10.10.2 Company Conference
10.10.3 Community
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Interview
11.10.2 Company Conference
11.10.3 Community
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Interview
12.10.2 Company Conference
12.10.3 Community
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Interview
13.10.2 Company Conference
13.10.3 Community
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 Web Conferencing Software Market: Competitive Dashboard
14.2 Global Web Conferencing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft Skype for Business
14.3.2 Adobe Connect
14.3.3 Livestorm
14.3.4 Zoho Meeting
14.3.5 Wire
14.3.6 Webinato
14.3.7 WebinarJam
14.3.8 FluentStream
14.3.9 TeamViewer
14.3.10 Facebook Live
14.3.11 Zoom Video Conferencing
