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Market Research Report

Global Web Real-Time Communication Market Size study, by Component, by WebRTC-Enabled Devices, by Industry Vertical and Regional Forecasts 2020-2027

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Global Web Real-Time Communication Market Size study, by Component, by WebRTC-Enabled Devices, by Industry Vertical and Regional Forecasts 2020-2027
Published: August 28, 2020 Content info:
Description

Title:
Global Web Real-Time Communication (WebRTC) Market Size study, by Component (Solution, Services), by WebRTC-Enabled Devices (Mobile, Desktop, Tablet, Others), by Industry Vertical (BFSI, Retail, IT & Telecom, Media & Entertainment, Manufacturing , Healthcare, Others) and Regional Forecasts 2020-2027.

Global Web Real-Time Communication (WebRTC) Market is valued at approximately USD 2.75 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 41.7% over the forecast period 2020-2027. Web real-time communication or WebRTC is an open-source application programming interface (API) that offers real-time capabilities to mobile applications & browsers. The use of WebRTC is adaptable across distinct system conditions and is also interoperable with Voice over Internet Protocol (VoIP) or Unified Communications (UC). It usually facilitates seamless coordination & communication in organizations through their existing framework. It further enables users with video chat, voice calling, and peer-to-peer file allocation between browsers without the help of any external plugin. Also, the insertion of RTC into web applications reduce cost and provide a better user experience, as the requirement for installing additional plugins is removed, which is likely to drive the market growth. Furthermore, the rise in penetration of the internet and smartphone, increasing ICT spending in the developing nations, and the rise in adoption of WebRTC technology among enterprises are the few factors responsible for the CAGR of the market during the forecast period. As per the International Telecommunication Union (ITU), in 2019, internet penetration was estimated at 53.6% of the global population, indicating an increase from 51.4% since 2018. Also, according to PubMatic, around 3.04 billion mobile internet users of the global population were reported in 2018 and is projected to grow to almost 3.71 billion by the year 2022. It is also estimated that China has the largest internet users with around 765.37 million of the country's population in 2016 that is reached to 829 million in 2019 (as of March). This, in turn, is expected to strengthen the market growth all over the world. However, the dearth of universal standard and rise in data security & privacy concern are the few major factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Web Real-Time Communication (WebRTC) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in technological advancements in WebRTC technology, along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising demand for high-speed internet connectivity and increasing usage of web-based audio and video communication would create lucrative growth prospects for the Web Real-Time Communication (WebRTC) Market across the Asia-Pacific region.

Major market player included in this report are:

Avaya Inc.

Cisco Systems, Inc.

Dialogic Corporation

Oracle Corporation

Plantronics, Inc.

Plivo Inc.

Quobis

Ribbon Communications Operating Company, Inc.

TokBox Inc. (Vonage)

Twilio Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution

Services

By WebRTC-Enabled Devices:

Mobile

Desktop

Tablet

Others

By Industry Vertical:

BFSI

Retail

IT & Telecom

Media & Entertainment

Manufacturing

Healthcare

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018

Base year - 2019

Forecast period - 2020 to 2027

Target Audience of the Global Web Real-Time Communication (WebRTC) Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
    • 1.2.1. Web Real-Time Communication (WebRTC) Market, by Region, 2018-2027 (USD Billion)
    • 1.2.2. Web Real-Time Communication (WebRTC) Market, by Component, 2018-2027 (USD Billion)
    • 1.2.3. Web Real-Time Communication (WebRTC) Market, by WebRTC-Enabled Devices, 2018-2027 (USD Billion)
    • 1.2.4. Web Real-Time Communication (WebRTC) Market, by Industry Vertical, 2018-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Web Real-Time Communication (WebRTC) Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Web Real-Time Communication (WebRTC) Market Dynamics

  • 3.1. Web Real-Time Communication (WebRTC) Market Impact Analysis (2018-2027)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Web Real-Time Communication (WebRTC) Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Web Real-Time Communication (WebRTC) Market, by Component

  • 5.1. Market Snapshot
  • 5.2. Global Web Real-Time Communication (WebRTC) Market by Component, Performance - Potential Analysis
  • 5.3. Global Web Real-Time Communication (WebRTC) Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
  • 5.4. Web Real-Time Communication (WebRTC) Market, Sub Segment Analysis
    • 5.4.1. Solution
    • 5.4.2. Services

Chapter 6. Global Web Real-Time Communication (WebRTC) Market, by WebRTC-Enabled Devices

  • 6.1. Market Snapshot
  • 6.2. Global Web Real-Time Communication (WebRTC) Market by WebRTC-Enabled Devices, Performance - Potential Analysis
  • 6.3. Global Web Real-Time Communication (WebRTC) Market Estimates & Forecasts by WebRTC-Enabled Devices 2017-2027 (USD Billion)
  • 6.4. Web Real-Time Communication (WebRTC) Market, Sub Segment Analysis
    • 6.4.1. Mobile
    • 6.4.2. Desktop
    • 6.4.3. Tablet
    • 6.4.4. Others

Chapter 7. Global Web Real-Time Communication (WebRTC) Market, by Industry Vertical

  • 7.1. Market Snapshot
  • 7.2. Global Web Real-Time Communication (WebRTC) Market by Industry Vertical - Potential Analysis
  • 7.3. Global Web Real-Time Communication (WebRTC) Market Estimates & Forecasts by Industry Vertical 2017-2027 (USD Billion)
  • 7.4. Web Real-Time Communication (WebRTC) Market, Sub Segment Analysis
    • 7.4.1. BFSI
    • 7.4.2. Retail
    • 7.4.3. IT & Telecom
    • 7.4.4. Media & Entertainment
    • 7.4.5. Manufacturing
    • 7.4.6. Healthcare
    • 7.4.7. Others

Chapter 8. Global Web Real-Time Communication (WebRTC) Market, Regional Analysis

  • 8.1. Web Real-Time Communication (WebRTC) Market, Regional Market Snapshot
  • 8.2. North America Web Real-Time Communication (WebRTC) Market
    • 8.2.1. U.S. Web Real-Time Communication (WebRTC) Market
      • 8.2.1.1. Component breakdown estimates & forecasts, 2017-2027
      • 8.2.1.2. WebRTC-Enabled Devices breakdown estimates & forecasts, 2017-2027
      • 8.2.1.3. Industry Vertical breakdown estimates & forecasts, 2017-2027
    • 8.2.2. Canada Web Real-Time Communication (WebRTC) Market
  • 8.3. Europe Web Real-Time Communication (WebRTC) Market Snapshot
    • 8.3.1. U.K. Web Real-Time Communication (WebRTC) Market
    • 8.3.2. Germany Web Real-Time Communication (WebRTC) Market
    • 8.3.3. France Web Real-Time Communication (WebRTC) Market
    • 8.3.4. Spain Web Real-Time Communication (WebRTC) Market
    • 8.3.5. Italy Web Real-Time Communication (WebRTC) Market
    • 8.3.6. Rest of Europe Web Real-Time Communication (WebRTC) Market
  • 8.4. Asia-Pacific Web Real-Time Communication (WebRTC) Market Snapshot
    • 8.4.1. China Web Real-Time Communication (WebRTC) Market
    • 8.4.2. India Web Real-Time Communication (WebRTC) Market
    • 8.4.3. Japan Web Real-Time Communication (WebRTC) Market
    • 8.4.4. Australia Web Real-Time Communication (WebRTC) Market
    • 8.4.5. South Korea Web Real-Time Communication (WebRTC) Market
    • 8.4.6. Rest of Asia Pacific Web Real-Time Communication (WebRTC) Market
  • 8.5. Latin America Web Real-Time Communication (WebRTC) Market Snapshot
    • 8.5.1. Brazil Web Real-Time Communication (WebRTC) Market
    • 8.5.2. Mexico Web Real-Time Communication (WebRTC) Market
  • 8.6. Rest of The World Web Real-Time Communication (WebRTC) Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Avaya Inc.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Cisco Systems, Inc.
    • 9.2.3. Dialogic Corporation
    • 9.2.4. Oracle Corporation
    • 9.2.5. Plantronics, Inc.
    • 9.2.6. Plivo Inc.
    • 9.2.7. Quobis
    • 9.2.8. Ribbon Communications Operating Company, Inc.
    • 9.2.9. TokBox Inc. (Vonage)
    • 9.2.10. Twilio Inc.

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF FIGURES

  • FIG 1. Global Web Real-Time Communication (WebRTC) Market, research methodology
  • FIG 2. Global Web Real-Time Communication (WebRTC) Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Web Real-Time Communication (WebRTC) Market, key trends 2019
  • FIG 5. Global Web Real-Time Communication (WebRTC) Market, growth prospects 2020-2027
  • FIG 6. Global Web Real-Time Communication (WebRTC) Market, porters 5 force Model
  • FIG 7. Global Web Real-Time Communication (WebRTC) Market, pest analysis
  • FIG 8. Global Web Real-Time Communication (WebRTC) Market, value chain analysis
  • FIG 9. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 10. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 11. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 12. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 13. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 14. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 15. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 16. Global Web Real-Time Communication (WebRTC) Market by segment, 2017 & 2027 (USD Billion)
  • FIG 17. Global Web Real-Time Communication (WebRTC) Market, regional snapshot 2017 & 2027
  • FIG 18. North America Web Real-Time Communication (WebRTC) Market 2017 & 2027 (USD Billion)
  • FIG 19. Europe Web Real-Time Communication (WebRTC) Market 2017 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Web Real-Time Communication (WebRTC) Market 2017 & 2027 (USD Billion)
  • FIG 21. Latin America Web Real-Time Communication (WebRTC) Market 2017 & 2027 (USD Billion)
  • FIG 22. Global Web Real-Time Communication (WebRTC) Market, company market share analysis (2019)
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