State of the Global Video Conferencing Devices Market, Forecast to 2025
Hybrid Work and Growing Number of Meeting Spaces Propel Adoption
11-Mar-2021
Global
Market Research
K5BE-01-00-00-00
IT04293-GL-MT_25290
$6,000.00
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The $2.75 billion global video conferencing devices market represents a secular growth opportunity driven by the long term, sustainable demand for video meetings to connect remote workers and geographically dispersed teams. Growth in 2020 was primarily driven by adoption from remote workers, digital healthcare and online education. As travel and proximity restrictions triggered massive Work-from-Home (WFH) policies, meeting rooms remained more or less in a holding pattern. 2021 marks the beginning of the revival of meeting rooms and office spaces. As businesses and educational institutions prepare for the return to work, it is expected that meeting rooms and classrooms will see heavy technology investments to support hybrid work and hybrid learning.
The video devices market is seeing an unprecedented pace of innovation with rampant proliferation in device form factors. A few years ago, users had limited choice of video conferencing devices. Today a growing array of device types and flexible deployment models are allowing end users greater choice for video conferencing at home, at the office, and on the go.
This report uncovers several top of mind trends for the short- to mid-term and analyzes the key workplace transformation and meeting device trends emerging in the post-pandemic era. As remote and hybrid work become the new normal, what will be the new growth opportunities
for video devices? What will the meeting rooms of tomorrow look like? Given the fast changing market landscape, there are significant growth opportunities for vendors that can differentiate on better quality and more scalable, manageable and secure services and devices that ensure an optimal meeting experience regardless of where users work from. Frost & Sullivan has analyzed the key market trends and has re-forecasted the user base/CAGR for video devices. This insight reassesses the growth opportunities available to vendors in this space and lays out key strategies for success in the post-COVID video conferencing devices market.
Author: Roopam Jain
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
Growth Opportunities Fuel the Growth Pipeline Engine™
Covid-19 and the Great Reset
More Meetings, More Rooms
Scope of Analysis
Market Segmentation
Segmentation by Meeting Room Size
Target Markets
Market Overview
Market Overview (continued)
Market Overview (continued)
Market Overview (continued)
Future of Video Conferencing Devices
Key Growth Metrics for Video Conferencing Devices
Growth Drivers
Growth Restraints
Covid-19 Impact on Physical Office Space and Real Estate
Technology Prioritization Plans Post Covid-19
Workplace Evolution
Carpeted Offices Within Organizations
Meeting Room Trends
Meeting Room Trends (continued)
A Device for Every Space
Growing Deployment Options
Growing Choice of Devices
Video Conferencing Devices—Total Addressable Market (TAM)
Cloud Video Meetings Boomed During the Pandemic
Forecast Assumptions
Pre- and Post-Covid Comparative Forecast
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
Percent of Revenue by Device Type
Percent of Unit Shipments by Device Type
Meeting Room Count and Video Conferencing Penetration Rate
Total Video Conferencing Devices—Revenue Forecast by Meeting Room Size
Total Video Conferencing Devices—Unit Forecast by Meeting Room Size
Classrooms—Revenue and Unit Shipment Forecast
Percent of Revenue by Room Size
Percent of Units by Room Size
Total Video Conferencing Devices—Revenue by Region
Europe Middle East Africa (EMEA)—Top 5 Countries in Revenue Rankings
Asia Pacific (APAC)—Top 5 Countries in Revenue Rankings Competitive intensity in a mature market
Latin America (LATAM)—Top 5 Countries in Revenue Rankings Growing acceptance of video
Competitive Environment
Revenue Market Share
Unit Market Share
Key Competitors
Growth Opportunities For Providers—Top Recommendations
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Predecessor | K379-64 |
| Author | Roopam Jain |
| Industries | Information Technology |
| WIP Number | K5BE-01-00-00-00 |
| Keyword 1 | video conferencing equipment |
| Keyword 2 | Video Conferencing Devices Market |
| Keyword 3 | video conferencing system |
| Is Prebook | No |
| GPS Codes | 9705-C1,9610,9656 |





