The North America Video Conferencing Market would witness market growth of 14.3% CAGR during the forecast period (2021-2027). The strong presence of key market players in the North America region, especially in the US and Canada, along with the high adoption rate of the latest technology in this region would open new lucrative opportunities for the video conferencing solution providers to attain a significant market share.
This region has many developed economies which are technically more advanced and becoming early adopters of new technologies, which is estimated to contribute in the increasing regional growth. Moreover, many video conferencing solution providers in this region have introduced various advanced solutions to meet the increasing demand for better technology in video conferencing solution, which will further fuel the growth of the market.
Moreover, there are many global organizations like IBM Corporation, which are majorly aiming at the high adoption of such solutions for the training of their employees that would positively impact the growth of the market. For example, IBM Corporation is utilizing video conferencing solutions from Cisco Systems, for offering unified training to their employees who are working at different locations around the world.
The outbreak of the covid-19 pandemic has surged the demand for communication tools to cope up with the remote working environment. The nationwide lockdown and remote working condition have created the demand for video conferencing solutions in the market. The work from anywhere culture has made it more important for companies to stay connected with their employees located at different places. By adopting video conferencing solutions, companies can communicate and facilitate the working of the employees efficiently and effectively. Along with this, the education sector is highly utilizing these solutions to carry on the academics of the students. This will further support the growth of the video conferencing market during the forecast period.
The US market dominated the North America Video Conferencing Cloud Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,544.4 million by 2027. The Canada market is experiencing a CAGR of 18.5% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 17.5% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Solution and Services. Based on Deployment Type, the market is segmented into On-Premise and Cloud. Based on Application, the market is segmented into Corporate Communications, Training & Development, Marketing & client Engagement and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Education, Media & Entertainment and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Video Conferencing Market is Estimated to Reach USD 21.8 Billion by 2027 at a CAGR of 16%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Adobe, Inc., Google, Inc., Amazon.com, Inc., Logitech International S.A., Avaya Holdings Corporation, Plantronics, Inc. (Polycom, Inc.), and Zoom Video Communications, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment Type
By Application
- Corporate Communications
- Training & Development
- Marketing & client Engagement
- Others
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Education
- Media & Entertainment
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Adobe, Inc.
- Google, Inc.
- Amazon.com, Inc.
- Logitech International S.A.
- Avaya Holdings Corporation
- Plantronics, Inc. (Polycom, Inc.)
- Zoom Video Communications, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Video Conferencing Market, by Component
1.4.2 North America Video Conferencing Market, by Deployment Type
1.4.3 North America Video Conferencing Market, by Application
1.4.4 North America Video Conferencing Market, by Industry Vertical
1.4.5 North America Video Conferencing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Opportunities
2.2.3 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jun – 2021, Jan) Leading Players
Chapter 4. North America Video Conferencing Market by Deployment Type
4.1 North America Video Conferencing On-Premise Market by Country
4.2 North America Video Conferencing Cloud Market by Country
Chapter 5. North America Video Conferencing Market by Industry Vertical
5.1 North America BFSI Video Conferencing Market by Country
5.2 North America IT & Telecom Video Conferencing Market by Country
5.3 North America Healthcare Video Conferencing Market by Country
5.4 North America Retail & eCommerce Video Conferencing Market by Country
5.5 North America Government & Defense Video Conferencing Market by Country
5.6 North America Education Video Conferencing Market by Country
5.7 North America Media & Entertainment Video Conferencing Market by Country
5.8 North America Other Industry Vertical Video Conferencing Market by Country
Chapter 6. North America Video Conferencing Market by Component
6.1 North America Video Conferencing Hardware Market by Country
6.2 North America Video Conferencing Solution Market by Country
6.3 North America Video Conferencing Services Market by Country
Chapter 7. North America Video Conferencing Market by Application
7.1 North America Corporate Communications Video Conferencing Market by Country
7.2 North America Training & Development Video Conferencing Market by Country
7.3 North America Marketing & client Engagement Video Conferencing Market by Country
7.4 North America Others Video Conferencing Market by Country
Chapter 8. North America Video Conferencing Market by Country
8.1 US Video Conferencing Market
8.1.1 US Video Conferencing Market by Deployment Type
8.1.2 US Video Conferencing Market by Industry Vertical
8.1.3 US Video Conferencing Market by Component
8.1.4 US Video Conferencing Market by Application
8.2 Canada Video Conferencing Market
8.2.1 Canada Video Conferencing Market by Deployment Type
8.2.2 Canada Video Conferencing Market by Industry Vertical
8.2.3 Canada Video Conferencing Market by Component
8.2.4 Canada Video Conferencing Market by Application
8.3 Mexico Video Conferencing Market
8.3.1 Mexico Video Conferencing Market by Deployment Type
8.3.2 Mexico Video Conferencing Market by Industry Vertical
8.3.3 Mexico Video Conferencing Market by Component
8.3.4 Mexico Video Conferencing Market by Application
8.4 Rest of North America Video Conferencing Market
8.4.1 Rest of North America Video Conferencing Market by Deployment Type
8.4.2 Rest of North America Video Conferencing Market by Industry Vertical
8.4.3 Rest of North America Video Conferencing Market by Component
8.4.4 Rest of North America Video Conferencing Market by Application
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.1 Recent strategies and developments:
9.2.1.1 Product Launches and Product Expansions:
9.2.1.2 Acquisition and Mergers:
9.2.2 SWOT Analysis
9.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.4 Adobe, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Google, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Amazon.com, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.5 SWOT Analysis
9.7 Logitech International S.A.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 Avaya Holdings Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.9 Plantronics, Inc. (Polycom, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.10. Zoom Video Communications, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
TABLE 1 North America Video Conferencing Market, 2017 - 2020, USD Million
TABLE 2 North America Video Conferencing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Video Conferencing Market
TABLE 4 Product Launches And Product Expansions– Video Conferencing Market
TABLE 5 Acquisition and Mergers– Video Conferencing Market
TABLE 6 North America Video Conferencing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 7 North America Video Conferencing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 8 North America Video Conferencing On-Premise Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Video Conferencing On-Premise Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Video Conferencing Cloud Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Video Conferencing Cloud Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Video Conferencing Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 13 North America Video Conferencing Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 14 North America BFSI Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 15 North America BFSI Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 16 North America IT & Telecom Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 17 North America IT & Telecom Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Healthcare Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Healthcare Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Retail & eCommerce Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Retail & eCommerce Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Government & Defense Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Government & Defense Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Education Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Education Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Media & Entertainment Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Media & Entertainment Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Other Industry Vertical Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Other Industry Vertical Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Video Conferencing Market by Component, 2017 - 2020, USD Million
TABLE 31 North America Video Conferencing Market by Component, 2021 - 2027, USD Million
TABLE 32 North America Video Conferencing Hardware Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Video Conferencing Hardware Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Video Conferencing Solution Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Video Conferencing Solution Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Video Conferencing Services Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Video Conferencing Services Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Video Conferencing Market by Application, 2017 - 2020, USD Million
TABLE 39 North America Video Conferencing Market by Application, 2021 - 2027, USD Million
TABLE 40 North America Corporate Communications Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Corporate Communications Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Training & Development Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Training & Development Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 44 North America Marketing & client Engagement Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Marketing & client Engagement Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Others Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Others Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Video Conferencing Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Video Conferencing Market by Country, 2021 - 2027, USD Million
TABLE 50 US Video Conferencing Market, 2017 - 2020, USD Million
TABLE 51 US Video Conferencing Market, 2021 - 2027, USD Million
TABLE 52 US Video Conferencing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 53 US Video Conferencing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 54 US Video Conferencing Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 55 US Video Conferencing Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 56 US Video Conferencing Market by Component, 2017 - 2020, USD Million
TABLE 57 US Video Conferencing Market by Component, 2021 - 2027, USD Million
TABLE 58 US Video Conferencing Market by Application, 2017 - 2020, USD Million
TABLE 59 US Video Conferencing Market by Application, 2021 - 2027, USD Million
TABLE 60 Canada Video Conferencing Market, 2017 - 2020, USD Million
TABLE 61 Canada Video Conferencing Market, 2021 - 2027, USD Million
TABLE 62 Canada Video Conferencing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 63 Canada Video Conferencing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 64 Canada Video Conferencing Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 65 Canada Video Conferencing Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 66 Canada Video Conferencing Market by Component, 2017 - 2020, USD Million
TABLE 67 Canada Video Conferencing Market by Component, 2021 - 2027, USD Million
TABLE 68 Canada Video Conferencing Market by Application, 2017 - 2020, USD Million
TABLE 69 Canada Video Conferencing Market by Application, 2021 - 2027, USD Million
TABLE 70 Mexico Video Conferencing Market, 2017 - 2020, USD Million
TABLE 71 Mexico Video Conferencing Market, 2021 - 2027, USD Million
TABLE 72 Mexico Video Conferencing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 73 Mexico Video Conferencing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 74 Mexico Video Conferencing Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 75 Mexico Video Conferencing Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 76 Mexico Video Conferencing Market by Component, 2017 - 2020, USD Million
TABLE 77 Mexico Video Conferencing Market by Component, 2021 - 2027, USD Million
TABLE 78 Mexico Video Conferencing Market by Application, 2017 - 2020, USD Million
TABLE 79 Mexico Video Conferencing Market by Application, 2021 - 2027, USD Million
TABLE 80 Rest of North America Video Conferencing Market, 2017 - 2020, USD Million
TABLE 81 Rest of North America Video Conferencing Market, 2021 - 2027, USD Million
TABLE 82 Rest of North America Video Conferencing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 83 Rest of North America Video Conferencing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 84 Rest of North America Video Conferencing Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 85 Rest of North America Video Conferencing Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 86 Rest of North America Video Conferencing Market by Component, 2017 - 2020, USD Million
TABLE 87 Rest of North America Video Conferencing Market by Component, 2021 - 2027, USD Million
TABLE 88 Rest of North America Video Conferencing Market by Application, 2017 - 2020, USD Million
TABLE 89 Rest of North America Video Conferencing Market by Application, 2021 - 2027, USD Million
TABLE 90 key information – Microsoft Corporation
TABLE 91 Key Information – Cisco Systems, Inc.
TABLE 92 key information – Huawei Technologies Co., Ltd.
TABLE 93 Key Information – Adobe, Inc.
TABLE 94 Key Information – Google, Inc.
TABLE 95 Key Information – Amazon.com, Inc.
TABLE 96 Key Information – Logitech International S.A.
TABLE 97 Key Information – Avaya Holdings Corporation
TABLE 98 Key Information – Plantronics, Inc.
TABLE 99 key information – Zoom Video Communications, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jun – 2021, Jan) Leading Players
FIG 5 Recent strategies and developments: Microsoft Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Cisco Systems, Inc.
FIG 9 Recent strategies and developments: Adobe, Inc.
FIG 10 SWOT Analysis: Adobe, inc.
FIG 11 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 12 SWOT analysis: Amazon.com, Inc.
FIG 13 Recent strategies and developments: Avaya Holdings Corporation
FIG 14 Recent strategies and developments: Plantronics, Inc.
FIG 15 Recent strategies and developments: Zoom Video Communications, Inc.