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PUBLISHER: Inkwood Research | PRODUCT CODE: 1069952
PUBLISHER: Inkwood Research | PRODUCT CODE: 1069952
North America Virtual Meeting Software Market Forecast 2022-2030
PUBLISHED:
PAGES: 148 Pages
DELIVERY TIME: 2-3 business days
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KEY FINDINGS
The North America virtual meeting software market is projected to grow with a CAGR of 12.27% during the forecasted period of 2022 to 2030. The market growth of the region is reinforced by the switch to permanent work from home models and the closure of workplaces due to the COVID-19 pandemic.
MARKET INSIGHTS
The North America virtual meeting software market growth assessment constitutes the analysis of Canada and the United States. Canada is a developing market for small businesses. For instance, as of 2019, the country had nearly 1.23 million employer businesses, out of which 1.20 million, or 97.9%, were small businesses. In contrast, 0.2% were large businesses, while 1.9% of businesses were medium-sized. More than 50% of small employer businesses in the country are concentrated in Quebec and Ontario.
However, these brands have been adversely affected by the COVID-19 pandemic. As a result, strict lockdown rules, the closure of marketplaces, as well as numerous other hindrances led to the widespread usage of virtual meeting software for improved customer relations, in addition to working remotely for longer periods. Furthermore, the vast landscape prevalent in Canada also plays an essential role since issues linked with communicating needs among vendors and customers are minimized with the use of virtual meeting software. Therefore, these factors are set to propel the market growth in North America during the forecast period.
COMPETITIVE INSIGHTS
Key companies operating in the market are: Zoom Video Communication Inc, Adobe Systems, Microsoft Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Product Code: 44415
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
- 1.1. STUDY OBJECTIVES
- 1.2. SCOPE OF STUDY
- 1.3. METHODOLOGY
- 1.4. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
- 2.1. MARKET SIZE & ESTIMATES
- 2.2. MARKET OVERVIEW
3. MARKET DYNAMICS
- 3.1. KEY DRIVERS
- 3.1.1. RISE IN ADOPTION OF VIRTUAL MEETING SOFTWARE AMONG CORPORATES AND GOVERNMENT ORGANIZATIONS
- 3.1.2. INCREASE IN NUMBER OF VIRTUAL MEETING SOFTWARE PROVIDERS ACROSS THE GLOBE
- 3.1.3. SURGE IN ADOPTION OF TECHNOLOGIES SUCH AS FACIAL RECOGNITION
- 3.2. KEY RESTRAINTS
- 3.2.1. TECHNICAL DIFFICULTIES
- 3.2.2. LESS FACE-TO-FACE CONTACT WITH CLIENTS AND COLLEAGUES
4. KEY ANALYTICS
- 4.1. IMPACT OF COVID-19 ON VIRTUAL MEETING SOFTWARE MARKET
- 4.2. KEY MARKET TRENDS
- 4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
- 4.4. OPPORTUNITY MATRIX
- 4.5. VENDOR LANDSCAPE
- 4.6. KEY BUYING CRITERIA
- 4.6.1. COMPATIBILITY
- 4.6.2. EASE OF USE
- 4.6.3. INTEGRATION
- 4.6.4. COST EFFECTIVENESS
5. MARKET BY COMPONENT
- 5.1. SOFTWARE
- 5.2. SERVICE
6. MARKET BY DEPLOYMENT MODE
- 6.1. ON-PREMISE
- 6.2. CLOUD
7. MARKET BY ENTERPRISE SIZE
- 7.1. LARGE ENTERPRISE
- 7.2. SMALL & MEDIUM ENTERPRISE
8. MARKET BY END-USERS
- 8.1. BFSI
- 8.2. EDUCATION
- 8.3. IT & TELECOM
- 8.4. GOVERNMENT
- 8.5. HEALTHCARE
- 8.6. MANUFACTURING
- 8.7. OTHER END-USERS
9. GEOGRAPHICAL ANALYSIS
- 9.1. NORTH AMERICA
- 9.1.1. MARKET SIZE & ESTIMATES
- 9.1.2. KEY GROWTH ENABLERS
- 9.1.3. KEY CHALLENGES
- 9.1.4. KEY PLAYERS
- 9.1.5. COUNTRY ANALYSIS
- 9.1.5.1. UNITED STATES
- 9.1.5.2. CANADA
10. COMPETITIVE LANDSCAPE
- 10.1. KEY STRATEGIC DEVELOPMENTS
- 10.1.1. MERGERS & ACQUISITIONS
- 10.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 10.1.3. PARTNERSHIPS & AGREEMENTS
- 10.1.4. BUSINESS EXPANSIONS & DIVESTITURES
- 10.2. COMPANY PROFILES
- 10.2.1. ADOBE SYSTEMS INC
- 10.2.2. AIRMEET INC
- 10.2.3. ALPHABET INC
- 10.2.4. AMAZON.COM INC
- 10.2.5. AVAYA INC
- 10.2.6. AVENTRI INC
- 10.2.7. CISCO SYSTEMS INC
- 10.2.8. GOTO INC
- 10.2.9. HUAWEI TECHNOLOGIES CO LTD
- 10.2.10. LIFESIZE INC
- 10.2.11. LIVESTROM INC
- 10.2.12. MICROSOFT CORPORATION
- 10.2.13. SINE WAVE ENTERTAINMENT LTD
- 10.2.14. ZOHO CORPORATION
- 10.2.15. ZOOM VIDEO COMMUNICATION INC
Product Code: 44415
LIST OF TABLES
- TABLE 1: MARKET SNAPSHOT - VIRTUAL MEETING SOFTWARE
- TABLE 2: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
- TABLE 3: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
- TABLE 4: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT MODE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
- TABLE 5: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT MODE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
- TABLE 6: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
- TABLE 7: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
- TABLE 8: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY END-USERS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
- TABLE 9: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY END-USERS, FORECAST YEARS, 2022-2030 (IN $ MILLION)
- TABLE 10: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
- TABLE 11: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
- TABLE 12: LEADING PLAYERS OPERATING IN NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET
- TABLE 13: LIST OF MERGERS & ACQUISITIONS
- TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
- TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
- TABLE 16: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
- FIGURE 1: VIRTUAL MEETING SOFTWARE SOLUTION FOR A WORKING PERSON AND RELATED SECTOR
- FIGURE 2: SHARE OF REMOTE WORKERS IN FULLY REMOTE MODE (IN 2019-2021)
- FIGURE 3: KEY MARKET TRENDS
- FIGURE 4: DIGITAL ADOPTION BY REGION IN 2021 (IN %)
- FIGURE 5: PORTER'S FIVE FORCES ANALYSIS
- FIGURE 6: OPPORTUNITY MATRIX
- FIGURE 7: VENDOR LANDSCAPE
- FIGURE 8: KEY BUYING CRITERIA
- FIGURE 9: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2021
- FIGURE 10: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY SOFTWARE, 2022-2030 (IN $ MILLION)
- FIGURE 11: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY SERVICE, 2022-2030 (IN $ MILLION)
- FIGURE 12: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT MODE, IN 2021
- FIGURE 13: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY ON-PREMISE, 2022-2030 (IN $ MILLION)
- FIGURE 14: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY CLOUD, 2022-2030 (IN $ MILLION)
- FIGURE 15: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, GROWTH POTENTIAL, BY ENTERPRISE SIZE, IN 2021
- FIGURE 16: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY LARGE ENTERPRISE, 2022-2030 (IN $ MILLION)
- FIGURE 17: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISE, 2022-2030 (IN $ MILLION)
- FIGURE 18: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, GROWTH POTENTIAL, BY END-USERS, IN 2021
- FIGURE 19: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY BFSI, 2022-2030 (IN $ MILLION)
- FIGURE 20: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY EDUCATION, 2022-2030 (IN $ MILLION)
- FIGURE 21: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY IT & TELECOM, 2022-2030 (IN $ MILLION)
- FIGURE 22: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY GOVERNMENT, 2022-2030 (IN $ MILLION)
- FIGURE 23: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)
- FIGURE 24: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY MANUFACTURING, 2022-2030 (IN $ MILLION)
- FIGURE 25: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)
- FIGURE 26: NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
- FIGURE 27: UNITED STATES VIRTUAL MEETING SOFTWARE MARKET, 2022-2030 (IN $ MILLION)
- FIGURE 28: WORKPLACE FUTURE IN USA, ZOOM STUDY (IN 2021)
- FIGURE 29: CANADA VIRTUAL MEETING SOFTWARE MARKET, 2022-2030 (IN $ MILLION)
- FIGURE 30: DISTRIBUTION OF PRIVATE SECTOR EMPLOYEES BY BUSINESS SIZE IN CANADA (IN 2019)
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