Web conference also known as the webinar is a kind of real-time communication. It is used to conduct meetings, presentations, and training through the internet. In web conferencing, a large number of computer users can see the similar screen in their browser at the same time with the help of internet. This kind of services allows conference events in remote locations.
Rise in demand for online workshops is expected to fuel growth of global web conference market in next 10 years
The growing demand for online workshops of various industries across the globe is expected to fuel the growth of the global web conferencing market over the forecast period. Growing technical advancements in improved user experience, smart workflow integration, and product simplification is expected to encourage the global web conferencing market over the forecast period.
These days’ business is not restricted to one place, it requires the collaboration of all international and domestic players. The companies are in search of tools that can help the marketers to share the ideas and communicate to each other, considering the various advantages of web conference it is widely used as a communicating tool.
The web conference market is application segmented includes Information technology, Government, Banking & financing, Manufacture, Healthcare and other industries. Information technology sector is expected to be major contributing application segment. Web conferencing provide information technology industry with various services such as online meetings, presentations, and training events. Eventually, web conferencing has become a key factor in business process and productive software suites. Web conferencing help industries to reduce their travelling costs and can reach the clients or the vendors at the flexible time.
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The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is expected to be the leading regional segment followed by Europe, owing to rising demand for web conferences across various industries. The Asia Pacific is expected to be the fastest growing region. India, China, Vietnam, and Indonesia are projected to show significant growth in the outsourcing industry. Outsourcing industries growth and development has facilitated technological innovations for connecting with the world which is expected to boost the demand for web conferencing over the forecast period.
Key players operating in the global 3D printing market include Adobe Connect, TeamViewer, IBM, Netviewer, Cisco WebEx, OmNovia Technologies, Skype, Starlight Networks, TimeBridge, ACT Conferencing.