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2021
Virtual Meeting Software Market

Virtual Meeting Software Market by Component (Solution and Service), Deployment Model (On-Premise and Cloud), Enterprise Size (Large Enterprise and Small & Medium Enterprises), and Industry Vertical (BFSI, Education, IT & Telecom, Government & Public, Healthcare, Manufacturing, Media & Entertainment, Oil & Gas, Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09378
Pages: 291
Jan 2021 | 2737 Views
   
Author(s) : Pramod Borasi, Shadaab Khan , Vineet Kumar
Tables: 148
Charts: 77
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Virtual Meeting Software Market Statistics: 2027

The global virtual meeting software market size was valued at $7.62 billion in 2019, and is projected to reach $57.23 billion by 2027, growing at a CAGR of 27.6% from 2020 to 2027. Virtual meeting software is a type of platform, which is used to conduct meetings, group discussions, and any other conversations over the internet. In addition, various companies across the globe are adopting virtual meeting software, owing to its various benefits such as providing fast and secure way of communication within organization, improving communication between employees. Furthermore, virtual meeting software helps organizations to save their operational cost and to improve business relationships with their customers, which increases demand of virtual meeting software.

With an unprecedented COVID-19 health crisis,the healthcare industry witnessed significant growth, owing to surge in adoption of virtual meetings among various hospitals and healthcare professionals for non-urgent hospital visits in order to reduce the pressure in emergency clinics as well as minimize the infection risks among healthcare workers.

The key factors driving the growth of the global virtual meeting software market trends include rise in adoption of virtual meeting software among corporate and government organizations and rise in number of virtual meeting software providers across the globe. In addition, surge in adoption of technologies, such as facial recognition, to detect and authenticate meeting participants positively impacts the virtual meeting software market growth. However, high software and hardware cost associated with virtual meeting software is a major factor expected to hamper growth of the market to a certain extent. On the contrary, integration of advanced technology such as artificial intelligence and cloud-based technology are anticipated to offer remunerative opportunities for expansion of the global market during the forecast period.

Virtual-Meeting-Software-Market-2020-2027

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By deployment model, the virtual meeting software market was led by the on-premise segment in 2019, and is projected to maintain its dominance during the forecast period. This is attributed to rise in adoption of on-premise based virtual meeting software by various SMEs, owing to growth in concerns regarding data theft and effective maintenance of information security systems. However, the cloud segment is expected to grow at the highest rate during the forecast period, owing to rise in popularity of cloud-based software among various organizations and rise in need for enhanced security features such as better encrypted and password protected software, which propels growth of the market. 

Virtual Meeting Software Market
By Component

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Solution is projected as one of the most lucrative segments.

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Region wise, the virtual meeting software market was dominated by North America in 2019, and is expected to retain its position during the forecast period. This is attributed to increase in demand for visual meetings and continuous access to high-quality internet across North American countries. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to strong presence of knowledge outsourcing companies and small & medium size business rapidly adopting virtual meeting software to reduce operational costs in developing nations of Asia-Pacific.

The report focuses on growth prospects, restraints, and trends of the global virtual meeting software market analysis. The study provides porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers of the global virtual meeting software market.

Virtual Meeting Software Market
By Deployment Model

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On-premise is projected as one of the most lucrative segments.

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Segment review

The global virtual meeting software is segmented on the basis of component, deployment model, enterprise size, industry vertical, and region. By component, the market is divided into solution, and service. On the basis of deployment model, it is divided into on-premise and cloud. In terms of enterprise size, the market is segmented into large enterprises and small & medium enterprises. By industry vertical, it is divided BFSI, education, IT & telecom, government & public, healthcare, manufacturing, media & entertainment, oil & gas, others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The key players profiled in the virtual meeting software industry include Adobe, Avaya Inc., Cisco Systems, Inc. Google LLC, Huawei Technologies Co., Ltd., Lifesize, Inc., LogMeIn, Inc., Microsoft Corporation, Ring Central, Inc. and Zoom Video Communications, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the virtual meeting software industry. 

Virtual Meeting Software Market
By Enterprises Size

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Large Enterprise is projected as one of the most lucrative segments.

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COVID-19 impact analysis

The virtual meeting software market has witnessed significant growth in past few years; however, owing to outbreak of the COVID-19 pandemic, the market is projected to exhibit a sudden rise in 2020. This is attributed to the implementation of lockdown by governments in majority of countries and shutdown of various companies across the globe. As a result, various organizations such as IT & telecom, BFSI, manufacturing, and others have adopted virtual meeting software for completing their ongoing projects. In addition, rise in adoption this software in the education and healthcare sector across the globe increases the demand for virtual meeting software. Furthermore, various corporate offices have adopted different applications such as ZOOM, Microsoft Teams, and Skype for training and managing employees of organizations, which drives growth of the market.

Top impacting factors

Rise in adoption of virtual meeting software among corporate and government organizations

Increase in focus of organizations in expanding their business and managing workforces globally increases the need for virtual meeting software in various organization. In addition, various organizations in sectors such as corporate, BFSI, education, government, and healthcare are adopting this software to provide high quality services to their clients in the global pandemic to reduce overhead cost as well as to increase productivity of employees. Furthermore, various leading players of the market are introducing new software for different industries to increase security features and reduce communication gap between employees and companies. For instance, in April 2020, RegTech start-up Signzy launched its secure Video Conferencing (VC) tool for secure, private one-to-one communication between banks, other financial institutions and their customers. Thus, number of such developments across the globe drive growth of the market. In addition, various IT & telecom companies are adopting virtual meeting software to increase business continuity among enterprises to increase their market value, which propels growth of the market. Moreover, federal agencies and government organizations are also using virtual meeting software, owing to reduction in need to travel to unsafe or unreachable areas and to increase operational efficiency of employees as well as organizations. Many government organizations mainly rely on virtual meeting software for their day-to-day operations, which also creates a huge demand for the virtual meeting software market. 

Virtual Meeting Software Market
By Industry Vertical

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IT & Telecom is projected as one of the most lucrative segments.

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High product and solution costs associated with virtual meeting software 

The major barrier for adoption of virtual meeting software is its affordability for its wider range of applications. As product and service cost encourages or discourages application of appropriate technology in developing economies, growth of virtual meeting software market is expected to restrain, owing to its high-cost. High cost associated with hardware component of virtual meeting software such as cameras, virtual devices, and other smartphone devices restrain growth of the market. 

On the contrary, integration and research of new technologies such as video conferencing software and online conferencing software is expected to decrease the cost. In addition, rise in monthly subscription fees by key vendors, high setup cost of virtual meeting software, and growth in support service charges hamper growth of the market. Furthermore, high additional features cost associated with virtual meeting and rise in cost of different virtual rooms is a major factor that restrains the virtual meeting software market growth. 

Virtual Meeting Software Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 29.3% during 2019-2027.

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Key Benefits For Stakeholders     

  • The study provides an in-depth analysis of global virtual meeting software forecast along with current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global virtual meeting software market share is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the virtual meeting software market from 2020 to 2027 is provided to determine the market potential.

Key Market Segments

  • By Component
    • Solution
    • Service
  • By Deployment Mode
    • On-Premise
    • Cloud
  • By Enterprise Size
    • Large Enterprises
    • Small and Medium Enterprises
  • By Industry Vertical
    • BFSI
    • Education
    • IT & Telecom
    • Government & Public
    • Healthcare
    • Manufacturing
    • Media & Entertainment
    • Oil & Gas
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • NETHERLANDS
      • REST OF EUROPE
    • Asia-Pacific
      • China
      • Japan
      • SOUTH KOREA
      • AUSTRALIA
      • INDIA
      • REST OF ASIA-PACIFIC
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • Adobe
  • Avaya Inc.
  • Cisco Systems, Inc.
  • Google LLC
  • Huawei Technologies Co., Ltd.
  • Lifesize, Inc.
  • LogMeIn, Inc
  • Microsoft Corporation
  • Ring Central, Inc.
  • Zoom Video Communications, Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping global virtual meeting software market
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Rise in adoption of virtual meeting software among corporate and government organizations
3.3.1.2.Rise in number of virtual meeting software providers across the globe
3.3.1.3.Surge in adoption of technologies, such as facial recognition, to detect and authenticate the meeting participants

3.3.2.Restraints

3.3.2.1.High product and solution costs associated with virtual meeting software

3.3.3.Opportunities

3.3.3.1.Integration of advanced technology such as artificial intelligence and cloud-based technology

3.1.COVID-19 impact analysis on virtual meeting software market

3.1.1.Impact on market size
3.1.2.Consumer trends, preferences, and budget impact
3.1.3.Economic impact
3.1.4.Strategies to tackle negative impact
3.1.5.Opportunity window

CHAPTER 4:VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT

4.1.Overview
4.2.Solution

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Services

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT MODE

5.1.Overview
5.2.On-premise

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Cloud-based

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE

6.1.Overview
6.2.Large enterprises

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Small & medium enterprises

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:VIRTUAL MEETING SOFTWARE MARKET, BY INDUSTRY VERTICAL

7.1.Overview
7.2.IT & Telecom

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Manufacturing

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Education

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Healthcare

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Government & Defense

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.BFSI

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

7.8.Media & Entertainment

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast, by region
7.8.3.Market analysis, by country

7.9.Oil & Gas

7.9.1.Key market trends, growth factors, and opportunities
7.9.2.Market size and forecast, by region
7.9.3.Market analysis, by country

7.10.Others

7.10.1.Key market trends, growth factors, and opportunities
7.10.2.Market size and forecast, by region
7.10.3.Market analysis, by country

CHAPTER 8:VIRTUAL MEETING SOFTWARE MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by component
8.2.3.Market size and forecast, by deployment model
8.2.4.Market size and forecast, by enterprise size
8.2.5.Market size and forecast, by industry vertical
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by component
8.2.6.1.2.Market size and forecast, by deployment model
8.2.6.1.3.Market size and forecast, by enterprise size
8.2.6.1.4.Market size and forecast, by industry vertical

8.2.6.2.CANADA

8.2.6.2.1.Market size and forecast, by component
8.2.6.2.2.Market size and forecast, by deployment model
8.2.6.2.3.Market size and forecast, by enterprise size
8.2.6.2.4.Market size and forecast, by industry vertical

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by component
8.3.3.Market size and forecast, by deployment model
8.3.4.Market size and forecast, by enterprise size
8.3.5.Market size and forecast, by industry vertical
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by component
8.3.6.1.2.Market size and forecast, by deployment model
8.3.6.1.3.Market size and forecast, by enterprise size
8.3.6.1.4.Market size and forecast, by industry vertical

8.3.6.2.GERMANY

8.3.6.2.1.Market size and forecast, by component
8.3.6.2.2.Market size and forecast, by deployment model
8.3.6.2.3.Market size and forecast, by enterprise size
8.3.6.2.4.Market size and forecast, by industry vertical

8.3.6.3.FRANCE

8.3.6.3.1.Market size and forecast, by component
8.3.6.3.2.Market size and forecast, by deployment model
8.3.6.3.3.Market size and forecast, by enterprise size
8.3.6.3.4.Market size and forecast, by industry vertical

8.3.6.4.SPAIN

8.3.6.4.1.Market size and forecast, by component
8.3.6.4.2.Market size and forecast, by deployment model
8.3.6.4.3.Market size and forecast, by enterprise size
8.3.6.4.4.Market size and forecast, by industry vertical

8.3.6.5.ITALY

8.3.6.5.1.Market size and forecast, by component
8.3.6.5.2.Market size and forecast, by deployment model
8.3.6.5.3.Market size and forecast, by enterprise size
8.3.6.5.4.Market size and forecast, by industry vertical

8.3.6.6.NETHERLANDS

8.3.6.6.1.Market size and forecast, by component
8.3.6.6.2.Market size and forecast, by deployment model
8.3.6.6.3.Market size and forecast, by enterprise size
8.3.6.6.4.Market size and forecast, by industry vertical

8.3.6.7.REST OF EUROPE

8.3.6.7.1.Market size and forecast, by component
8.3.6.7.2.Market size and forecast, by deployment model
8.3.6.7.3.Market size and forecast, by enterprise size
8.3.6.7.4.Market size and forecast, by industry vertical

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by component
8.4.3.Market size and forecast, by deployment model
8.4.4.Market size and forecast, by enterprise size
8.4.5.Market size and forecast, by industry vertical
8.4.6.Market analysis, by country

8.4.6.1.CHINA

8.4.6.1.1.Market size and forecast, by component
8.4.6.1.2.Market size and forecast, by deployment model
8.4.6.1.3.Market size and forecast, by enterprise size
8.4.6.1.4.Market size and forecast, by industry vertical

8.4.6.2.JAPAN

8.4.6.2.1.Market size and forecast, by component
8.4.6.2.2.Market size and forecast, by deployment model
8.4.6.2.3.Market size and forecast, by enterprise size
8.4.6.2.4.Market size and forecast, by industry vertical

8.4.6.3.SOUTH KOREA

8.4.6.3.1.Market size and forecast, by component
8.4.6.3.2.Market size and forecast, by deployment model
8.4.6.3.3.Market size and forecast, by enterprise size
8.4.6.3.4.Market size and forecast, by industry vertical

8.4.6.4.AUSTRALIA

8.4.6.4.1.Market size and forecast, by component
8.4.6.4.2.Market size and forecast, by deployment model
8.4.6.4.3.Market size and forecast, by enterprise size
8.4.6.4.4.Market size and forecast, by industry vertical

8.4.6.5.INDIA

8.4.6.5.1.Market size and forecast, by component
8.4.6.5.2.Market size and forecast, by deployment model
8.4.6.5.3.Market size and forecast, by enterprise size
8.4.6.5.4.Market size and forecast, by industry vertical

8.4.6.6.REST OF ASIA-PACIFIC

8.4.6.6.1.Market size and forecast, by component
8.4.6.6.2.Market size and forecast, by deployment model
8.4.6.6.3.Market size and forecast, by enterprise size
8.4.6.6.4.Market size and forecast, by industry vertical

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by component
8.5.3.Market size and forecast, by deployment model
8.5.4.Market size and forecast, by enterprise size
8.5.5.Market size and forecast, by industry vertical
8.5.6.Market analysis, by country

8.5.6.1.LATIN AMERICA

8.5.6.1.1.Market size and forecast, by component
8.5.6.1.2.Market size and forecast, by deployment model
8.5.6.1.3.Market size and forecast, by enterprise size
8.5.6.1.4.Market size and forecast, by industry vertical

8.5.6.2.MIDDLE EAST

8.5.6.2.1.Market size and forecast, by component
8.5.6.2.2.Market size and forecast, by deployment model
8.5.6.2.3.Market size and forecast, by enterprise size
8.5.6.2.4.Market size and forecast, by industry vertical

8.5.6.3.AFRICA

8.5.6.3.1.Market size and forecast, by component
8.5.6.3.2.Market size and forecast, by deployment model
8.5.6.3.3.Market size and forecast, by enterprise size
8.5.6.3.4.Market size and forecast, by industry vertical

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Key players positioning analysis, 2019
9.2.Competitive dashboard
9.3.Top winning strategies

CHAPTER 10:COMPANY PROFILES

10.1.Adobe

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.R&D Expenditure
10.1.7.Business performance

10.2.AVAYA INC.

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.Business performance
10.2.7.Key strategic moves and developments

10.3.Cisco

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Product portfolio
10.3.5.R&D Expenditure
10.3.6.Business performance
10.3.7.Key strategic moves and developments

10.4.Google LLC.

10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Product portfolio
10.4.5.R&D Expenditure
10.4.6.Business performance

10.5.Huawei Technologies Co., Ltd.

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.R&D Expenditure
10.5.7.Business performance
10.5.8.Key strategic moves and developments

10.6.Lifesize, Inc.

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.Key strategic moves and developments

10.7.LOGMEIN, INC.

10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.5.Product portfolio
10.7.6.Key strategic moves and developments

10.8.MICROSOFT CORPORATION

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.R&D expenditure
10.8.7.Business performance

10.9.RING CENTRAL, INC.

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Product portfolio
10.9.5.R&D Expenditure
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.Zoom Video Communications, Inc

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 02.VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.VIRTUAL MEETING SOFTWARE MARKET SERVICE REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODE, 2019-2027 ($MILLION)
TABLE 05.ON-PREMISE VIRTUAL MEETING SOFTWARE MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 06.CLOUD-BASED VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY REGION 2019-2027 ($MILLION)
TABLE 07.GLOBAL VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019-2027($MILLION)
TABLE 08.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR LARGE ENTERPRISES, BY REGION 2019-2027 ($MILLION)
TABLE 09.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR SMALL & MEDIUM ENTERPRISES, BY REGION 2019-2027 ($MILLION)
TABLE 10.GLOBAL VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019-2027 ($MILLION)
TABLE 11.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR IT & TELECOM, BY REGION, 2019-2027 ($MILLION)
TABLE 12.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR MANUFACTURING, BY REGION, 2019-2027 ($MILLION)
TABLE 13.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR EDUCATION, BY REGION, 2019-2027 ($MILLION)
TABLE 14.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR HEALTHCARE, BY REGION, 2019-2027 ($MILLION)
TABLE 15.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR GOVERNMENT & DEFENSE, BY REGION,  2019-2027 ($MILLION)
TABLE 16.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR BFSI, BY REGION, 2019-2027 ($MILLION)
TABLE 17.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR MEDIA & ENTERTAINMENT, BY REGION,  2019-2027 ($MILLION)
TABLE 18.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR OIL & GAS, BY REGION, 2019-2027 ($MILLION)
TABLE 19.VIRTUAL MEETING SOFTWARE MARKET REVENUE FOR OTHERS, BY REGION, 2019-2027 ($MILLION)
TABLE 20.VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 22.NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 23.NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 24.NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 25.NORTH AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 26.U.S. VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 27.U.S. VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 28.U.S. VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 29.U.S. VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 30.CANADA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 31.CANADA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 32.CANADA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 33.CANADA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 34.EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 35.EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 36.EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 37.EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 38.EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 39.UK VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 40.UK VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 41.UK VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 42.UK VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 43.GERMANY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 44.GERMANY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 45.GERMANY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 46.GERMANY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 47.FRANCE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 48.FRANCE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 49.FRANCE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 50.FRANCE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 51.SPAIN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 52.SPAIN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 53.SPAIN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 54.SPAIN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 55.ITALY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 56.ITALY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 57.ITALY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 58.ITALY VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 59.NETHERLANDS VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 60.NETHERLANDS VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 61.NETHERLANDS VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 62.NETHERLANDS VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 63.REST OF EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 64.REST OF EUROPEVIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 65.REST OF EUROPEVIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 66.REST OF EUROPEVIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 67.ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 68.ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 69.ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 70.ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 71.ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 72.CHINA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 73.CHINA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 74.CHINA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 75.CHINA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 76.JAPAN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 77.JAPAN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 78.JAPAN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 79.JAPAN VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 80.SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 81.SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 82.SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 83.SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 84.AUSTRALIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 85.AUSTRALIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 86.AUSTRALIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 87.AUSTRALIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 88.INDIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 89.INDIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 90.INDIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 91.INDIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 92.REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 93.REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 94.REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 95.REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 96.LAMEA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 97.LAMEA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 98.LAMEA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 99.LAMEA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 100.LAMEA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 101.LATIN AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 102.LATIN AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 103.LATIN AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 104.LATIN AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 105.MIDDLE EAST VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 106.MIDDLE EAST VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 107.MIDDLE EAST VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 108.MIDDLE EAST VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 109.AFRICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 110.AFRICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODEL, 2019–2027 ($MILLION)
TABLE 111.AFRICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY ENTERPRISE SIZE, 2019–2027 ($MILLION)
TABLE 112.AFRICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY INDUSTRY VERTICAL, 2019–2027 ($MILLION)
TABLE 113.ADOBE.: KEY EXECUTIVES
TABLE 114.ADOBE: COMPANY SNAPSHOT
TABLE 115.ADOBE : OPERATING SEGMENTS
TABLE 116.ADOBE : PRODUCT PORTFOLIO
TABLE 117.AVAYA INC. : KEY EXECUTIVES
TABLE 118.AVAYA INC. : COMPANY SNAPSHOT
TABLE 119.AVAYA INC. : OPERATING SEGMENTS
TABLE 120.AVAYA INC.  : PRODUCT PORTFOLIO
TABLE 121.CISCO: KEY EXECUTIVES
TABLE 122.CISCO: COMPANY SNAPSHOT
TABLE 123.CISCO : PRODUCT PORTFOLIO
TABLE 124.GOOGLE LLC: KEY EXECUTIVES
TABLE 125.GOOGLE LLC: COMPANY SNAPSHOT
TABLE 126.GOOGLE LLC: PRODUCT PORTFOLIO
TABLE 127.HUAWEI TECHNOLOGIES CO., LTD..:KEY EXECUTIVES
TABLE 128.HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 129.HUAWEI TECHNOLOGIES CO., LTD. OPERATING SEGMENTS
TABLE 130.HUAWEI TECHNOLOGIES CO., LTD..: PRODUCT PORTFOLIO
TABLE 131.LIFESIZE, INC.: KEY EXECUTIVES
TABLE 132.LIFESIZE, INC.: COMPANY SNAPSHOT
TABLE 133.LIFESIZE, INC.: PRODUCT PORTFOLIO
TABLE 134.LOGMEIN, INC.: KEY EXECUTIVES
TABLE 135.LOGMEIN, INC.: COMPANY SNAPSHOT
TABLE 136.LOGMEIN, INC.: PRODUCT PORTFOLIO
TABLE 137.MICROSOFT CORPORATION: KEY EXECUTIVES
TABLE 138.MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 139.MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 140.MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 141.RING CENTRAL, INC.: KEY EXECUTIVES
TABLE 142.RING CENTRAL, INC.: COMPANY SNAPSHOT
TABLE 143.RING CENTRAL, INC.: PRODUCT PORTFOLIO
TABLE 144.RING CENTRAL, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 145.ZOOM VIDEO COMMUNICATIONS, INC:KEY EXECUTIVES
TABLE 146.ZOOM VIDEO COMMUNICATIONS, INC: COMPANY SNAPSHOT
TABLE 147.ZOOM VIDEO COMMUNICATIONS, INC: PRODUCT PORTFOLIO
TABLE 148.ZOOM VIDEO COMMUNICATIONS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL VIRTUAL MEETING SOFTWARE MARKET SNAPSHOT, BY SEGMENTATION, 2019–2027
FIGURE 03.VIRTUAL MEETING SOFTWARE MARKET SNAPSHOT, BY REGION, 2019–2027
FIGURE 04.VIRTUAL MEETING SOFTWARE MARKET: TOP IMPACTING FACTOR
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09.LOW-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10.MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11.GLOBAL VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, 2019-2027
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE SERVICE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 14.GLOBAL VIRTUAL MEETING SOFTWARE MARKET REVENUE, BY DEPLOYMENT MODE, 2019–2027 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS FOR ON-PREMISE VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS FOR CLOUD-BASED VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY, 2019 & 2027(%)
FIGURE 17.GLOBAL VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, 2019-2027
FIGURE 18.COMPARATIVE SHARE ANALYSIS VIRTUAL MEETING SOFTWARE MARKET FOR LARGE ENTERPRISES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS VIRTUAL MEETING SOFTWARE MARKET FOR SMALL & MEDIUM ENTERPRISES, BY COUNTRY, 2019 & 2027(%)
FIGURE 20.GLOBAL VIRTUAL MEETING SOFTWARE MARKET, BY INDUSTRY VERTICAL, 2019-2027
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR IT & TELECOM, BY COUNTRY,  2019 & 2027(%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR MANUFACTURING, BY COUNTRY, 2019 & 2027(%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR EDUCATION, BY COUNTRY, 2019 & 2027(%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR HEALTHCARE, BY COUNTRY, 2019 & 2027(%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR GOVERNMENT & DEFENSE, BY COUNTRY, 2019 & 2027(%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR BFSI, BY COUNTRY, 2019 & 2027(%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR MEDIA & ENTERTAINMENT, BY COUNTRY, 2019 & 2027(%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR OIL & GAS, BY COUNTRY, 2019 & 2027(%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF VIRTUAL MEETING SOFTWARE MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027(%)
FIGURE 30.U.S. VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.CANADA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.UK VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.GERMANY VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.FRANCE VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.SPAIN VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.ITALY VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.NETHERLANDS VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.REST OF EUROPE VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.CHINA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.JAPAN VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.SOUTH KOREA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42.AUSTRALIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43.INDIA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 45.LATIN AMERICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 46.MIDDLE EAST VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 47.AFRICA VIRTUAL MEETING SOFTWARE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 48.KEY PLAYER POSITIONING ANLYSIS: GLOBAL CONTACTLESS PAYMENT MARKET
FIGURE 49.COMPETITIVE DASHBOARD
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 52.TOP WINNING STRATEGIES, BY YEAR, 2018-2020
FIGURE 53.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2020
FIGURE 54.TOP WINNING STRATEGIES, BY COMPANY, 2018-2020
FIGURE 55.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 56.ADOBE : NET SALES, 2017–2019 ($MILLION),
FIGURE 57.ADOBE: REVENUE SHARE BY SEGMENT(2019)
FIGURE 58.ADOBE: REVENUE SHARE BY REGION(2019)
FIGURE 59.AVAYA INC.: NET SALES, 2018–2020 ($MILLION),
FIGURE 60.AVAYA INC.: REVENUE SHARE BY SEGMENT(2019)
FIGURE 61.AVAYA INC.: REVENUE SHARE BY REGION(2019)
FIGURE 62.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.CISCO : NET SALES, 2018–2020 ($MILLION),
FIGURE 64.CISCO: REVENUE SHARE BY SEGMENT(2020)
FIGURE 65.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 66.ALPHABET INC.: NET SALES, 2017–2019 ($MILLION),
FIGURE 67.ALPHABET INC.: REVENUE SHARE BY REGION(2019)
FIGURE 68.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 69.HUAWEI TECHNOLOGIES CO., LTD. : NET SALES, 2017–2019 ($MILLION),
FIGURE 70.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY  SEGMENT(2019)
FIGURE 71.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY REGION(2019)
FIGURE 72.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 73.MICROSOFT CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 74.MICROSOFT CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 75.MICROSOFT CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 76.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 77.RING CENTRAL, INC.: REVENUE, 2017–2019 ($MILLION)

 
 

Adoption of virtual meeting software has increased over time to improve business insights of organizations and to enhance communication between clients and employees. In addition, virtual meeting software helps organizations to connect to large audience and provide high security features compared to video conferencing software owing to which many organizations are shifting to virtual meeting software. Furthermore, many banking and manufacturing industries are investing in virtual meeting software to increase security of their information and data shared online and reduce compliances issues in the organization. In addition, various government agencies are adopting virtual meeting software in the pandemic situation to carry out various routine issues, which include review of budget. 

Strengthening of economy of developing nations such as China and India are expected to provide lucrative opportunities for the market growth. North America is expected to dominate the market during the forecast period. Moreover, emerging countries in Asia-Pacific and Latin America are projected to offer significant growth opportunities during the forecast period. Global players are focused toward product development and increase in their geographical presence, owing to increase in competition among local vendors in terms of features, quality, and price. 

In addition, these players are adopting various business strategies to enhance their product offerings and strengthen their foothold in the market. For instance, in May 2020, LogMeIn, Inc. introduced new edition its GoTo Unified Communications & Collaboration (UCC) portfolio with a new version of GoToMeeting designed with needs of telehealth professionals in mind. GoToMeeting for Healthcare is an easy-to-use video conferencing platform that comes pre-configured with robust technical, organizational, and physical security measures so that telehealth professionals can safely and securely transmit patient data and continue to meet their own HIPAA compliance obligations.
 

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