The report titled “Competition Benchmarking in India Virtual Video Conferencing and Collaboration Market – Cisco WebEx, Microsoft Skype, Zoom Video Communications, GoToMeeting, Polycom, BlueJeans Network” provides a comprehensive analysis of virtual Video Conferencing services as a service in India. The report focuses on video collaboration market revenue, plan comparison, virtual video conferencing market segmentation by end users (IT and Telecom, BFSI, Retail, Healthcare, Logistics, and Transportation, Education and Manufacturing). The report also covers the business model; go to market strategy for SMB and decision-making process. The report concludes with Reasons why Organizations Having Employee Size of Fewer Than 50 Employees Doesn’t Prefer To Use Video Conferencing Software.
India Video Conferencing Market Overview and Size
Video Conferencing Market in India refers to both the audio and video conferencing solutions. Video conferencing facilitates conducting and initiating a life conference between two or more participants at different sites by using computer networks to transmit video, audio and text data. Web conferencing and video conferencing software applications are used by organizations to stay connected with global partners and employees. Features included are Slideshow Presentations, Live or Streaming Video, VoIP, Web Tours, Meeting Recording, Whiteboard with Annotation, Text Chat, Polls, and Surveys and Screen Sharing. Revenue computation has been done on the basis of annual revenue generated instead of an accrual or contract basis. The market has attained speedy growth over a period of four years from 2014 to 2018. IT and Telecom sectors are the biggest users of the video conferencing software services in the Indian markets. This is followed by the users in the BFSI sector.
India Video Conferencing Market Segmentation
By End Users
During 2018, the revenue generated through the IT and Telecom sector contributed to a majority of the proportion in the overall Video Conferencing market. This was followed by BFSI, Retail, Healthcare, Logistics, and Transportation, Education and Manufacturing sectors.
Competitive Benchmarking in India Video Conferencing Market
The market is moderately concentrated with about six major companies accounting for the majority of the market in the country during CY’2018. The major companies in the market are Cisco, Microsoft Skype, Zoom Video Communications Inc, GoTo Meeting, Polycom, and Blue Jeans Network. Price, Clientele, Number of client accounts, Average contract duration, Average discount offered are some of the critical parameters on the basis of which companies compete in the market.
Leading Trends in India Video Conferencing Market
The ability to integrate into other applications is now a must-have capability, as the need to collaborate in real-time is becoming part of the new digital work hub experience (the digital work hub is an emerging category of enterprise-grade software that facilitates and manages the creation, curation, and communication of business content from the individual to ecosystem level). The demand for 4K has been rising; despite the fact, 1080p is still dominating in the market. Business users are demanding rich, immersive video. More providers can now deliver both 760P and 1080P video reliably, with some requirement for MPLS connectivity between campuses.
Key Segments Covered:-
End Users: IT and Telecom, BFSI, Retail, Healthcare, Logistics and Transportation, Education, Manufacturing
Key Target Audience: Video Conferencing Providers, Webinar Companies, IT Companies, Hardware Companies
Time Period Captured in the Report:- CY’2014-CY’2018
Companies Covered:- Cisco WebEx, Microsoft Skype, Zoom Video Communications Inc, Logmein (GoToMeeting), Polycom, Blue Jeans Network
Variables Covered for Companies:- Company Overview, Recent Developments, Strengths, Weakness, Best Selling Collaboration plan, Subscription Plan, Pricing, Business Strategy, Future Plans, Go to Market Strategy Model for SMB, Major Clientele, Number of Users, Additional Services Offered, Technology Support and Integration, Number of Employees, Number of Contracts, Average Contract Duration, Key Management Executives