State of the European Video Conferencing Devices Market, Forecast to 2026

State of the European Video Conferencing Devices Market, Forecast to 2026

A Video-first Strategy is Imperative to Thrive in Hybrid Work

RELEASE DATE
24-Dec-2021
REGION
Europe
Research Code: MFC0-01-00-00-00
SKU: TE04056-EU-MT_26147
$4,950.00
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$4,950.00
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Description

Hybrid work is here to stay, and the workplace is rapidly changing. As the pandemic has influenced people's attitudes toward hybrid work to varying degrees, the percentage of people who will return to the workplace is in flux. As a result, there is a greater need to recognize employee preferences for hybrid working and accommodate multiple user-profiles along with their specific requirements for collaboration technologies. Video collaboration, in particular, has become pivotal to enterprises' digital transformation efforts and a cornerstone for hybrid work.

The market for video conferencing devices in Europe will continue to exhibit steady growth, registering revenue CAGR of 23.8 percent by 2026. The video devices market is in high growth base driven by the USB video devices and all-in-one (AIO) collaboration bars. There is a growing demand for both bring-your-own-compute as well as AIO solutions to deal with user requirements in the new normal workplaces. The European market has displayed accelerated growth in the adoption of video conferencing devices, outpacing the global growth in 2020 and H1 2021. Frost & Sullivan expects this significant growth to continue in the forecast period. USB video devices will continue to democratize video adoption and AIO collaboration bars will become increasingly popular in meeting rooms as an easy to use and easy to manage turnkey appliance-based form factor.

Author: Vaishno Devi Srinivasan

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

Strategic Imperatives for European Video Conferencing Devices Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Market Segmentation

Market Segmentation—Examples

Segmentation by Size of Meeting Spaces

State of the Market in H1 2021 and Growth Outlook

State of the Market in H1 2021 and Growth Outlook (continued)

Key Findings and Trends in 2020

Key Findings and Trends in 2020 (continued)

Key Regions in Europe, H1 2021

H1 2021 Regional Trends

H1 2021 Regional Trends (continued)

H1 2021 Regional Trends (continued)

Key Growth Metrics for Video Conferencing Devices

Growth Driver

Growth Restraints

Forecast Assumptions

Total Market Revenue and Unit Shipment Forecast

Total Market Revenue Forecast by Device Type

Total Market Unit Shipment Forecast by Device Type

Total Market Pricing Forecast by Device Type

Percent of Revenue by Device Type

Competitive Environment

Revenue Market Share

Key Competitors

Growth Opportunities For Providers—Top Recommendations

Your Next Steps

Why Frost, Why Now?

List of Exhibits

Legal Disclaimer

Hybrid work is here to stay, and the workplace is rapidly changing. As the pandemic has influenced people's attitudes toward hybrid work to varying degrees, the percentage of people who will return to the workplace is in flux. As a result, there is a greater need to recognize employee preferences for hybrid working and accommodate multiple user-profiles along with their specific requirements for collaboration technologies. Video collaboration, in particular, has become pivotal to enterprises' digital transformation efforts and a cornerstone for hybrid work. The market for video conferencing devices in Europe will continue to exhibit steady growth, registering revenue CAGR of 23.8 percent by 2026. The video devices market is in high growth base driven by the USB video devices and all-in-one (AIO) collaboration bars. There is a growing demand for both bring-your-own-compute as well as AIO solutions to deal with user requirements in the new normal workplaces. The European market has displayed accelerated growth in the adoption of video conferencing devices, outpacing the global growth in 2020 and H1 2021. Frost & Sullivan expects this significant growth to continue in the forecast period. USB video devices will continue to democratize video adoption and AIO collaboration bars will become increasingly popular in meeting rooms as an easy to use and easy to manage turnkey appliance-based form factor. Author: Vaishno Devi Srinivasan
More Information
No Index No
Podcast No
Author Vaishno Devi Srinivasan
Industries Telecom
WIP Number MFC0-01-00-00-00
Is Prebook No
GPS Codes 9535-C3,9705-C1,9656