Market Overview:
The global web real time communication (WebRTC) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for video services, voice services, data sharing, and other services. Additionally, the growing demand for WebRTC-based applications in telecom, health care, e-commerce, education media and entertainment sectors is also contributing to the growth of this market. However, lack of standardization and interoperability issues are some of the major factors restraining the growth of this market. The global web real time communication (WebRTC) market can be segmented on the basis of type into video services, voice services data sharing and others.
Product Definition:
WebRTC is a technology that enables real-time communication over the web without the need for plugins. It uses JavaScript and HTML5 to create a peer-to-peer connection between browsers, allowing for voice calling, video chat, and file sharing. WebRTC is important because it makes online communication more seamless and user-friendly. It eliminates the need for plugins or additional software, making it easier for people to connect with each other online.
Video Services:
Video services are the set of protocols and tools that enable real-time communication between users over a network. It is mainly used in Web Real Time Communication (WebRTC) applications to provide a means for two way communication between web browser and server. The service also provides features such as video conferencing, live streaming, etc., which are widely used by end users including enterprises, media & entertainment industry along with individual consumers globally.
Voice Services:
Voice services are the set of protocols and tools that enable two-way communication between a user agent and an application. It enables real-time communication between users over internet or Intranet. Voice services include telephony applications, video conferencing, instant messaging (IM), voice mail, telephonic collaboration/dialogue management systems such as Microsoft Teams/Skype for Business etc.
Application Insights:
The telecom application segment led the global webRTC market in 2017 and is projected to maintain its dominance over the forecast period. The growing adoption of video-based applications, such as Skype and Google Hangouts, has been a major factor in driving this segment. Furthermore, increasing cloud-based services are further expected to drive the demand for webRTC technology among telecom companies.
The banking, financial services & insurance (BFSI) sector is anticipated to emerge as one of the prominent segments over the forecast period owing to rising use cases across various industries such as e-commerce and media & entertainment. For instance, several online retailers have started leveraging webRTC technology for real-time customer profiling that helps them serve better advertisements on different devices with minimal load time or bandwidth consumption.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to the presence of key players such as Google Inc., Microsoft Corporation, and Cisco Systems, Inc. The companies are investing heavily in R&D for developing advanced products and services that can be used across various industry verticals. This has resulted in high adoption of WebRTC technology among enterprises for enhancing their customer experience by providing real-time communication capabilities.
However, Asia Pacific is estimated to be the fastest growing regional market from 2018 to 2030 due its increasing number of internet users coupled with rising disposable income levels especially in countries such as China and India. Moreover, increased adoption of smartphones along with improved network connectivity has led to an increase demand for these services among individuals thereby driving growth across this region.
Growth Factors:
- Increasing demand for real-time communication and collaboration tools among businesses
- Rising popularity of WebRTC-based applications among consumers
- Proliferation of connected devices and growing bandwidth availability
- Emergence of new use cases for WebRTC technology
- Growing interest from venture capitalists and other investors
Scope Of The Report
Report Attributes
Report Details
Report Title
Web Real Time Communication (WebRTC) Market Research Report
By Type
Video Services, Voice Services, Data Sharing, Others
By Application
Telecom, Health Care, E-Commerce, Education, Media And Entertainment, Banking, Financial Services And Insurance (BFSI), Others
By Companies
AT&T, Avaya, Dialogic, GENBAND, TokBox, Alcatel-Lucent, Apple, Apidaze, Blackboard, CafeX Communications, Cisco, Digium, Ericsson, Google, IBM, Microsoft, Mitel Networks, Polycom, Opera, Oracle, TWILIO, Quobis
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Web Real Time Communication (WebRTC) Market Report Segments:
The global Web Real Time Communication (WebRTC) market is segmented on the basis of:
Types
Video Services, Voice Services, Data Sharing, Others
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
Telecom, Health Care, E-Commerce, Education, Media And Entertainment, Banking, Financial Services And Insurance (BFSI), 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:
- AT&T
- Avaya
- Dialogic
- GENBAND
- TokBox
- Alcatel-Lucent
- Apple
- Apidaze
- Blackboard
- CafeX Communications
- Cisco
- Digium
- Ericsson
- IBM
- Microsoft
- Mitel Networks
- Polycom
- Opera
- Oracle
- TWILIO
- Quobis
Highlights of The Web Real Time Communication (WebRTC) 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:
- Video Services
- Voice Services
- Data Sharing
- Others
- By Application:
- Telecom
- Health Care
- E-Commerce
- Education
- Media And Entertainment
- Banking, Financial Services And Insurance (BFSI)
- 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 Real Time Communication (WebRTC) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
WebRTC is a web platform technology that enables real-time communication between browsers and applications. It allows for peer-to-peer audio and video calls, as well as instant messaging.
Some of the key players operating in the web real time communication (webrtc) market are AT&T, Avaya, Dialogic, GENBAND, TokBox, Alcatel-Lucent, Apple, Apidaze, Blackboard, CafeX Communications, Cisco, Digium, Ericsson, Google, IBM, Microsoft, Mitel Networks, Polycom, Opera, Oracle, TWILIO, Quobis.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Web Real Time Communication (WebRTC) 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 Real Time Communication (WebRTC) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Web Real Time Communication (WebRTC) 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 Real Time Communication (WebRTC) 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 Real Time Communication (WebRTC) Market Size & Forecast, 2020-2028 4.5.1 Web Real Time Communication (WebRTC) Market Size and Y-o-Y Growth 4.5.2 Web Real Time Communication (WebRTC) 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 Video Services
5.2.2 Voice Services
5.2.3 Data Sharing
5.2.4 Others
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 Telecom
6.2.2 Health Care
6.2.3 E-Commerce
6.2.4 Education
6.2.5 Media And Entertainment
6.2.6 Banking
6.2.7 Financial Services And Insurance (BFSI)
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Web Real Time Communication (WebRTC) 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 Real Time Communication (WebRTC) 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 Video Services
9.6.2 Voice Services
9.6.3 Data Sharing
9.6.4 Others
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 Telecom
9.10.2 Health Care
9.10.3 E-Commerce
9.10.4 Education
9.10.5 Media And Entertainment
9.10.6 Banking
9.10.7 Financial Services And Insurance (BFSI)
9.10.8 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 Video Services
10.6.2 Voice Services
10.6.3 Data Sharing
10.6.4 Others
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 Telecom
10.10.2 Health Care
10.10.3 E-Commerce
10.10.4 Education
10.10.5 Media And Entertainment
10.10.6 Banking
10.10.7 Financial Services And Insurance (BFSI)
10.10.8 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 Video Services
11.6.2 Voice Services
11.6.3 Data Sharing
11.6.4 Others
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 Telecom
11.10.2 Health Care
11.10.3 E-Commerce
11.10.4 Education
11.10.5 Media And Entertainment
11.10.6 Banking
11.10.7 Financial Services And Insurance (BFSI)
11.10.8 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 Video Services
12.6.2 Voice Services
12.6.3 Data Sharing
12.6.4 Others
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 Telecom
12.10.2 Health Care
12.10.3 E-Commerce
12.10.4 Education
12.10.5 Media And Entertainment
12.10.6 Banking
12.10.7 Financial Services And Insurance (BFSI)
12.10.8 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 Video Services
13.6.2 Voice Services
13.6.3 Data Sharing
13.6.4 Others
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 Telecom
13.10.2 Health Care
13.10.3 E-Commerce
13.10.4 Education
13.10.5 Media And Entertainment
13.10.6 Banking
13.10.7 Financial Services And Insurance (BFSI)
13.10.8 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 Real Time Communication (WebRTC) Market: Competitive Dashboard
14.2 Global Web Real Time Communication (WebRTC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AT&T
14.3.2 Avaya
14.3.3 Dialogic
14.3.4 GENBAND
14.3.5 TokBox
14.3.6 Alcatel-Lucent
14.3.7 Apple
14.3.8 Apidaze
14.3.9 Blackboard
14.3.10 CafeX Communications
14.3.11 Cisco
14.3.12 Digium
14.3.13 Ericsson
14.3.14 Google
14.3.15 IBM
14.3.16 Microsoft
14.3.17 Mitel Networks
14.3.18 Polycom
14.3.19 Opera
14.3.20 Oracle
14.3.21 TWILIO
14.3.22 Quobis