Market Overview:
The global telepresence suites 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 suites in various industries, such as healthcare, commercial, education, and manufacturing. In addition, the growing trend of remote working is also contributing to the growth of this market. On the basis of type, static telepresence accounted for a larger share of the global telepresence suites market in 2017. However, remote telepresence systems are expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to their advantages over static telepresence systems such as low cost and easy installation.
Product Definition:
Telepresence suites are a type of room that is designed for teleconference meetings. They typically have a large screen or video wall so that everyone in the meeting can see each other, as well as cameras and microphones so that everyone can be heard. They also often have dedicated conference phones and other audio-visual equipment to make the meeting easier to participate in. Telepresence suites are important because they allow people to meet face-to-face even if they are located remotely. This can be especially useful for businesses that have employees located all over the world, as it allows them to conduct meetings more efficiently and effectively.
Static Telepresence:
static telepresence is a video conferencing service that uses standard telephone lines to connect two or more participants in different locations. The service has witnessed significant growth over the past few years owing to its cost effectiveness and ease of use. In addition, increasing demand for cloud-based solutions has also contributed towards static telepresence market growth.
Remote Telepresence Systems:
Remote telepresence systems are video conferencing and audio conferencing solutions that help users to connect with their employees, co-workers or clients located in different locations across the globe. It offers a high level of convenience as it allows users to conduct meetings virtually across various sites. The system is widely used by organizations for conducting virtual meetings with clients, prospects or employees working on another continent.
The global remote telepresence systems.
Application Insights:
The others segment includes military and defense, industrial, agriculture and mining. The healthcare industry is expected to emerge as the fastest-growing application over the forecast period owing to increasing demand for telepresence solutions in medical training and research. Telepresence technology helps improve communication between patients & doctors, facilitate remote monitoring of patient¢â‚¬â„¢s conditions at a distance, reduce travel costs for clinical trials and allow easy access to expert advice from multiple angles.
The commercial industry segment accounted for more than 30% of the global revenue share in 2017 owing to growing applications such as business meetings & events (M&A), trade shows & exhibitions (T&E), corporate communications/ public relations (CPC/PR) among others. Telepresence solutions provide an efficient medium through which organizations can offer their employees flexible work schedules while maintaining high productivity levels at board meetings or client sites across different time zones with ease.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of technologies such as video collaboration, high-definition (HD) telepresence, and voice integration technology across various industries in North America. Moreover, presence of major players such as Cisco Systems; Silver Peak; and Polycom Inc.; has fueled growth for the regional market over the past few years.
Asia Pacific is anticipated to witness significant growth over a CAGR exceeding 17% from 2018 to 2030 owing to rising demand for cost-effective telepresence solutions from several large enterprises based out of China and India along with other South Asian countries particularly Sri Lanka.
Growth Factors:
- Increasing demand for telepresence suites from the corporate sector for video conferencing and collaboration purposes.
- Growing popularity of telepresence suites among small and medium businesses due to its cost-effective nature.
- Proliferation of high-speed internet connectivity and rising demand for cloud-based services are aiding the growth of the telepresence suites market.
- The increasing trend of BYOD (Bring Your Own Device) is also propelling the growth of this market as it allows employees to use their own devices for video conferencing purposes, thus reducing costs associated with procuring dedicated equipment/software licenses etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Telepresence Suites Market Research Report
By Type
Static Telepresence, Remote Telepresence Systems
By Application
Healthcare Industry, Commercial Industry, Education Industry, Manufacturing Industry, Others
By Companies
Cisco Systems, Inc., Polycom, Inc., Huawei Technologies Co., Ltd., ZTE Corp., Lifesize, Inc., Avaya Inc., Vidyo Inc., VGO Communications, Inc., Teliris Inc., Array Telepresence, Inc.
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Telepresence Suites Market Report Segments:
The global Telepresence Suites market is segmented on the basis of:
Types
Static Telepresence, Remote Telepresence Systems
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
Healthcare Industry, Commercial Industry, Education Industry, Manufacturing Industry, 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 Systems, Inc.
- Polycom, Inc.
- Huawei Technologies Co., Ltd.
- ZTE Corp.
- Lifesize, Inc.
- Avaya Inc.
- Vidyo Inc.
- VGO Communications, Inc.
- Teliris Inc.
- Array Telepresence, Inc.
Highlights of The Telepresence Suites 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:
- Static Telepresence
- Remote Telepresence Systems
- By Application:
- Healthcare Industry
- Commercial Industry
- Education Industry
- Manufacturing Industry
- 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 Suites 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?
Telepresence suites are a type of virtual reality technology that allow people to experience a simulated environment in which they can interact with other participants. The technology is often used for business purposes, such as training or presentations.
Some of the key players operating in the telepresence suites market are Cisco Systems, Inc., Polycom, Inc., Huawei Technologies Co., Ltd., ZTE Corp., Lifesize, Inc., Avaya Inc., Vidyo Inc., VGO Communications, Inc., Teliris Inc., Array Telepresence, Inc..
The telepresence suites market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telepresence Suites Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telepresence Suites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telepresence Suites Market - Supply Chain
4.5. Global Telepresence Suites Market Forecast
4.5.1. Telepresence Suites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telepresence Suites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telepresence Suites Market Absolute $ Opportunity
5. Global Telepresence Suites Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Telepresence Suites Market Size and Volume Forecast by Type
5.3.1. Static Telepresence
5.3.2. Remote Telepresence Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Telepresence Suites Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Telepresence Suites Market Size and Volume Forecast by Application
6.3.1. Healthcare Industry
6.3.2. Commercial Industry
6.3.3. Education Industry
6.3.4. Manufacturing Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Telepresence Suites Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Telepresence Suites Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Telepresence Suites Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Telepresence Suites Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Telepresence Suites Demand Share Forecast, 2019-2026
9. North America Telepresence Suites Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Telepresence Suites Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Telepresence Suites Market Size and Volume Forecast by Application
9.4.1. Healthcare Industry
9.4.2. Commercial Industry
9.4.3. Education Industry
9.4.4. Manufacturing Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Telepresence Suites Market Size and Volume Forecast by Type
9.7.1. Static Telepresence
9.7.2. Remote Telepresence Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Telepresence Suites Demand Share Forecast, 2019-2026
10. Latin America Telepresence Suites Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Telepresence Suites Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Telepresence Suites Market Size and Volume Forecast by Application
10.4.1. Healthcare Industry
10.4.2. Commercial Industry
10.4.3. Education Industry
10.4.4. Manufacturing Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Telepresence Suites Market Size and Volume Forecast by Type
10.7.1. Static Telepresence
10.7.2. Remote Telepresence Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Telepresence Suites Demand Share Forecast, 2019-2026
11. Europe Telepresence Suites Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Telepresence Suites Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Telepresence Suites Market Size and Volume Forecast by Application
11.4.1. Healthcare Industry
11.4.2. Commercial Industry
11.4.3. Education Industry
11.4.4. Manufacturing Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Telepresence Suites Market Size and Volume Forecast by Type
11.7.1. Static Telepresence
11.7.2. Remote Telepresence Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Telepresence Suites Demand Share, 2019-2026
12. Asia Pacific Telepresence Suites Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Telepresence Suites Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Telepresence Suites Market Size and Volume Forecast by Application
12.4.1. Healthcare Industry
12.4.2. Commercial Industry
12.4.3. Education Industry
12.4.4. Manufacturing Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Telepresence Suites Market Size and Volume Forecast by Type
12.7.1. Static Telepresence
12.7.2. Remote Telepresence Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Telepresence Suites Demand Share, 2019-2026
13. Middle East & Africa Telepresence Suites Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Telepresence Suites Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Telepresence Suites Market Size and Volume Forecast by Application
13.4.1. Healthcare Industry
13.4.2. Commercial Industry
13.4.3. Education Industry
13.4.4. Manufacturing Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Telepresence Suites Market Size and Volume Forecast by Type
13.7.1. Static Telepresence
13.7.2. Remote Telepresence Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Telepresence Suites Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Telepresence Suites Market: Market Share Analysis
14.2. Telepresence Suites Distributors and Customers
14.3. Telepresence Suites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cisco Systems, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polycom, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huawei Technologies Co., Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZTE Corp.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lifesize, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Avaya Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vidyo Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. VGO Communications, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teliris Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Array Telepresence, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
