Online Corporate Meeting Services Global Market Report 2022: Sector to Reach $7.1 Billion by 2027 at a CAGR of 6.02%

PR Newswire
Friday, February 3, 2023 at 8:20pm UTC

Online Corporate Meeting Services Global Market Report 2022: Sector to Reach $7.1 Billion by 2027 at a CAGR of 6.02%

PR Newswire

DUBLIN, Feb. 3, 2023 /PRNewswire/ -- The "Online Corporate Meeting Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to  ResearchAndMarkets.com's offering.

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The global online corporate meeting services market size reached US$ 5.0 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 7.1 Billion by 2027, exhibiting a CAGR of 6.02% during 2021-2027.

Companies Mentioned

  • Adobe Inc.
  • Avaya Inc
  • Blue Jeans Network Inc.
  • Citrix Systems Inc.
  • AT&T Inc.
  • Bridgit Inc.
  • Zoho Corporation
  • Newrow_ Inc.
  • Vidyo Inc.
  • BT Group
  • ClickMeeting
  • Communique Conferencing Inc.
  • EyeNetwork
  • Fuze Inc.
  • Cisco WebEx

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Online corporate meeting services are a mode of communication used between an enterprise and its employees or various stakeholders through video and web conferencing. This service aids in effective communication through media-rich data and voice sharing applications.

The user can conduct live meetings, conferences, presentations and training sessions through these services. These services significantly contribute to a free and transparent interaction between all the participants irrespective of their location.

The rising trend of globalization, along with the high internet penetration rate, is one of the key factors driving the market growth. These trends have led to the emergence of the virtual workspace, which is gaining immense preference across the globe, owing to its flexibility.

The online corporate meeting service forms an integral part of virtual workspaces where one can instantly collaborate on projects, share their knowledge base and utilize mobile and cloud computing facilities. This also assists in reducing the transportation costs and travel time associated with in-person meetings as well as providing work-time flexibility.

Furthermore, the ongoing trend of information technology (IT) consumerization, including increasing adoption of video and mobile conferencing among small and medium-sized organizations to effectively perform daily operations, is also fostering the demand for these services across the globe.

Additionally, improved user experience, product simplification, smart workflow mechanisms of web conferencing and reduced operational costs of the organizations are some of the other factors contributing to the market growth.

Key Questions Answered in This Report
1. What was the size of the global online corporate meeting services market in 2021?
2. What is the expected growth rate of the global online corporate meeting services market during 2022-2027?
3. What are the key factors driving the global online corporate meeting services market?
4. What has been the impact of COVID-19 on the global online corporate meeting services market?
5. What is the breakup of the global online corporate meeting services market based on the service type?
6. What is the breakup of the global online corporate meeting services market based on the meeting type?
7. What are the key regions in the global online corporate meeting services market?
8. Who are the key players/companies in the global online corporate meeting services market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Online Corporate Meeting Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Service Type
5.5 Market Breakup by Meeting Type
5.6 Market Breakup by Region
5.7 Market Forecast

6 Market Breakup by Service Type
6.1 Online Corporate VCS (Video Conferencing Services)
6.1.1 Market Trends
6.1.2 Market Breakup by Type
6.1.2.1 On-premises VCS
6.1.2.2 Hosted VCS
6.1.2.3 Managed VCS
6.1.3 Market Forecast
6.2 Online Corporate WCS (Web Conferencing Services)
6.2.1 Market Trends
6.2.2 Market Breakup by Type
6.2.2.1 On-premises WCS
6.2.2.2 Hosted WCS
6.2.3 Market Forecast

7 Market Breakup by Meeting Type
7.1 Small Size Meeting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Size Meeting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Large Size Meeting
7.3.1 Market Trends
7.3.2 Market Forecast

8 Market Breakup by Region

9 SWOT Analysis

10 Value Chain Analysis

11 Porters Five Forces Analysis

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/dug1qf-corporate?w=5

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