NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028

 

 

TABLE OF CONTENTS

         

1.     NORTH AMERICA 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.     NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY DEPLOYMENT TYPE

3.1. ON-PREMISE

3.2. CLOUD

4.     NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY COMPONENT

4.1. SOFTWARE

4.2. SERVICE

5.     NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY ENTERPRISE SIZE

5.1. LARGE ENTERPRISES

5.2. SMALL & MEDIUM ENTERPRISES

6.     NORTH AMERICA 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.     NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET – COUNTRY OUTLOOK

7.1. UNITED STATES

7.2. CANADA

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: NORTH AMERICA 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: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2022-2028 (IN $ MILLION)

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

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

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

TABLE 11: NORTH AMERICA 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: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, DEPLOYMENT TYPE OUTLOOK, 2021 & 2028 (IN %)

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

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

FIGURE 7: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

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

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

FIGURE 10: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, ENTERPRISE SIZE OUTLOOK, 2021 & 2028 (IN %)

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

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

FIGURE 13: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, APPLICATIONS OUTLOOK, 2021 & 2028 (IN %)

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

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

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

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

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

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

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

FIGURE 21: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: WORKPLACE FUTURE IN UNITED STATES, ZOOM STUDY (IN 2021)

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

FIGURE 24: DISTRIBUTION OF PRIVATE SECTOR EMPLOYEES BY BUSINESS SIZE IN CANADA (IN 2019)

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

 

 

MARKET OUTLOOK

According to Triton’s research, the North American virtual meeting software market is anticipated to grow with a CAGR of 12.05% in the estimated years from 2022 to 2028. The United States and Canada constitute the market in this region.

In the United States, statistics indicate that 76% of individuals use video calls while working remotely. Further, 43% of employees stated that video communication helps them and their team be more productive. It also bridges the distance between teammates working from different locations worldwide. Up to 75% of remote workers have shown increased productivity levels and an improved work-life balance, which is otherwise difficult to achieve in a typical corporate office setup. Moreover, statistics also show that 41% of enterprises surveyed believe that businesses that use video conferencing tools have more engaged employees.

In addition to private sector employees, even public sector employees have adopted virtual meeting software for many purposes. Examples include watching a virtual mayoral debate, attending a city council meeting, or participating in jury hearings, deposition, duty, or mediation. The reduced need for paperwork, usage of biometric & virtual attendance recording systems, online hearing of cases, and various other public sector workings due to the shifting of work online has resulted in the enhanced use of VMS in the US. All these factors show an overall positive outlook for the studied market in the United States.

 

Get more insights into the North America Virtual Meeting Software Market:

 

https://www.tritonmarketresearch.com/reports/north-america-virtual-meeting-software-market

 

COMPETITIVE OUTLOOK

Aventri Inc, Zoom Video Communications Inc, Amazon Inc, Avaya Inc, Cisco Systems Inc, Microsoft Corporation, Adobe Inc, and Alphabet Inc are some of the noteworthy companies in the virtual meeting software market.

 

 

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