ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET 2022-2028

 

 

TABLE OF CONTENTS   

 

1. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE VIRTUAL MEETING SOFTWARE INDUSTRY

2.2. KEY INSIGHTS

2.2.1. GROWING ONLINE EDUCATION

2.2.2. INCREASING ACCEPTANCE OF VIRTUAL MEETING SOFTWARE

2.2.3. RISING PENETRATION OF DIGITAL PLATFORMS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. COMPATIBILITY

2.4.2. EASE OF USE

2.4.3. INTEGRATION

2.4.4. COST-EFFECTIVENESS

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES & DEVELOPMENTS

2.7.3. PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS

2.8. MARKET DRIVERS

2.8.1. INCREASE IN THE NUMBER OF VIRTUAL MEETING SOFTWARE PROVIDERS ACROSS THE GLOBE

2.8.2. SURGE IN THE ADOPTION OF TECHNOLOGIES LIKE FACIAL RECOGNITION

2.8.3. RISE IN THE ADOPTION OF VIRTUAL MEETING SOFTWARE BY CORPORATE AND GOVERNMENT ORGANIZATIONS

2.9. MARKET CHALLENGES

2.9.1. LESS FACE-TO-FACE CONTACT WITH CLIENTS AND COLLEAGUES

2.9.2. TECHNICAL DIFFICULTIES

2.10. MARKET OPPORTUNITIES

2.10.1. CLOSURE OF OFFICES AND OTHER FACILITIES DUE TO LOCKDOWNS

2.10.2. INCREASED PRODUCTIVITY DUE TO WORK-FROM-HOME CULTURE

3. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY DEPLOYMENT TYPE

3.1. ON-PREMISE

3.2. CLOUD

4. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY COMPONENT

4.1. SOFTWARE

4.2. SERVICE

5. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY ENTERPRISE SIZE

5.1. LARGE ENTERPRISES

5.2. SMALL & MEDIUM ENTERPRISES

6. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY APPLICATIONS

6.1. BFSI

6.2. EDUCATION

6.3. IT & TELECOM

6.4. GOVERNMENT

6.5. HEALTHCARE

6.6. MANUFACTURING

6.7. OTHER APPLICATIONS

7. ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET – COUNTRY OUTLOOK

7.1. CHINA

7.2. JAPAN

7.3. INDIA

7.4. SOUTH KOREA

7.5. ASEAN COUNTRIES

7.6. AUSTRALIA & NEW ZEALAND

7.7. REST OF ASIA-PACIFIC

8. COMPETITIVE LANDSCAPE

8.1. ZOOM VIDEO COMMUNICATIONS INC

8.2. MICROSOFT CORPORATION

8.3. ZOHO CORPORATION

8.4. ADOBE INC

8.5. ALPHABET INC

8.6. CISCO SYSTEMS INC

8.7. GOTO INC

8.8. HUAWEI TECHNOLOGIES CO LTD

8.9. AVAYA INC

8.10. AVENTRI INC

8.11. SINE WAVE ENTERTAINMENT LTD

8.12. LIFESIZE INC

8.13. AMAZON INC

8.14. LIVESTORM INC

8.15. AIRMEET INC

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

 

 

TABLE LIST

TABLE 1: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF ACQUISITIONS

TABLE 4: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 5: LIST OF PARTNERSHIPS

TABLE 6: LIST OF BUSINESS EXPANSIONS

TABLE 7: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, 2022-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY APPLICATIONS, 2022-2028 (IN $ MILLION)

TABLE 11: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

 

 

FIGURE LIST

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: VIRTUAL MEETING SOFTWARE SOLUTION FOR A WORKING PERSON AND RELATED SECTOR

FIGURE 4: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, DEPLOYMENT TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 5: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 8: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, ENTERPRISE SIZE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 11: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2022-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, APPLICATIONS OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY BFSI, 2022-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY EDUCATION, 2022-2028 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY IT & TELECOM, 2022-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)

FIGURE 18: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 21: ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: CHINA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: JAPAN VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: INDIA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: ASEAN COUNTRIES VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: AUSTRALIA & NEW ZEALAND VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

A Triton Market Research report depicts that the market for virtual meeting software in the Asia-Pacific would progress with a CAGR of 13.81% over the forecasting duration between 2022 and 2028. China, Japan, South Korea, ASEAN countries, Australia & New Zealand, India, and Rest of Asia-Pacific together form the market in this region.

With the rising need for social distancing, many firms in South Korea switched to remote work and virtual meetings post the COVID-19 pandemic. Given its strengths in the field of IT and semiconductors, the nation was well equipped to meet the surging demand for laptop and desktop computers as more workers shifted to home offices. Besides, some service providers also found new ways to reach their customers. For example, as concert venues were closed, K-pop artists turned to virtual mediums to continue their events and connect with fans. These developments have fostered the usage of virtual meeting software in Korea, which is expected to drive the market's growth over the considered period.

In China, education is of utmost importance for students. With a rigorous schooling schedule of 12 hours, virtual meetings came in as a big relief during the pandemic. All students in the country, from kindergarten-level learners to doctoral candidates, stayed home to pursue their education online. In fact, not only Chinese students, but several of the half-million international students enrolled in universities here, were also affected. Thus, to ensure smooth learning, they used VM software to log in from their home countries to attend online classes. These factors have increased the adoption of virtual meeting software in China immensely.

 

 

Get more insights into the Asia-Pacific Virtual Meeting Software Market:

 

https://www.tritonmarketresearch.com/reports/asia-pacific-virtual-meeting-software-market

 

COMPETITIVE OUTLOOK

The prominent companies studied in the virtual meeting software market are Microsoft Corporation, Zoom Video Communications Inc, Amazon Inc, Zoho Corporation, Alphabet Inc, Adobe Inc, Huawei Technologies Co Ltd, and Sine Wave Entertainment Ltd.

 

 

SEGMENTATION

1. ZOOM VIDEO COMMUNICATIONS INC

2. MICROSOFT CORPORATION

3. ZOHO CORPORATION

4. ADOBE INC

5. ALPHABET INC

6. CISCO SYSTEMS INC

7. GOTO INC

8. HUAWEI TECHNOLOGIES CO LTD

9. AVAYA INC

10. AVENTRI INC

11. SINE WAVE ENTERTAINMENT LTD

12. LIFESIZE INC

13. AMAZON INC

14. LIVESTORM INC

15. AIRMEET INC