The way people meet and work has changed tremendously. Businesses are no longer limited to the conventional, planned conference room meetings. They are getting more dependent on web conferencing software to conduct both internal and external meetings. So much has changed in the workplace but what remains the same, though, is that effective meetings continue to be crucial to business success. Those changes are reflected in this compilation of video conferencing statistics and web conferencing statistics.
The video conferencing software statistics we’ve gathered below indicate that technology-powered meetings have increased in value to businesses because they don’t only provide convenience and efficiency, but also help them gain relevance and competitive advantage.
In this guide, you’ll find the latest video conferencing research data for 2019 on video and web conferencing software market size, web conferencing statistics, benefits of these technologies to organizations, deployment and expert predictions on the future of video and web conferencing technology.
With video and web conferencing solutions, executives can make powerful sales strategies to company stakeholders, while customer support reps can provide more engaging, face-to-face conversations with clients. And there are more to this list of compelling benefits to businesses, including the following:
Improve work/Life balance
Recording and archiving
Source: Frost & SullivanDesigned by
Clearly, the benefits of video conferencing tools spill over to businesses of all sizes. Businesses typically adopt these communications platforms because of the essential features that they provide, especially their ability to share apps and files, video chat, audio calls, and text messaging/chat. On the other hand, dynamic organizations have already integrated the best video conferencing tools as part of their core business arsenal.
In today’s business world defined by scattered workforces and global communication, video and web conferencing has become the collaborative tool of choice by organizations everywhere. With video and web conferencing platforms, remote employees and mobile staff can easily collaborate and communicate with their colleagues and business partners in a more immersive way. By helping transform how people in almost all types of endeavor better communicate and operate, video and web conferencing software had been growing fast and will likely to continue its rapid expansion in the coming years.
By all indications, the global web conferencing market is one of the most dynamic in the entire technology world today. The ever increasing demand for the best cloud-based communications solutions and mobile applications among businesses is a major driver of this growth. The rising appreciation of business mobility and implementation of BYOD policies also advance the web conferencing market share for these tools. The plunging prices of video and web conferencing products, both software and hardware, is also helping boost this market growth.
A web conferencing software, in its basic form, provides the capability to directly access meetings using a web browser, eliminating the need to download another application. As web conferencing continues to further become aligned with collaboration apps—which involves opening a web browser, initiate sharing of videos, desktop screens, etc. with co-workers—more and more businesses are starting to integrate these software solutions in their day-to-day tasks. This emerging use of video and web conferencing technology, along with other current deployments, helps significantly in further cementing the critical role of video and web conferencing in the workplace.
Source: BI IntelligenceDesigned by
From being a tool only for experts, video has become part of mainstream communications among work teams. This evolution was driven by numerous forces, such as decreasing costs of cloud-based video and web conferencing solutions, cleaner and easier-to-use interfaces, and quicker solutions that enable team members to easily connect whatever gadgets they use.
What does the future of video and web conferencing hold? Whether you’re meeting and collaborating virtually, providing delivering webinars or online training courses, telecommuting, or talking to a colleague about your upcoming product launch, elevating your use of video and web conferencing solutions is a must to get ahead of your competition. Aside from tapping the strengths of some of the best virtual data room software, an increasing number of innovative video and web conferencing technologies are either getting matured or are about to be deployed for wider use.
The future of business meetings appears to be promising, as the holding virtual reality sessions continue to achieve robust, almost real-life experience among participants. As emerging technologies like AR, VR, huddle rooms, WebRTC, etc. continue to mature, we can expect that how we hold business meetings today will likely be considerably different and far more engaging in the years to come. It’s also more empowering to have a video and web conferencing solution with other key platforms, as this can inevitably enhance the benefits of CRM platforms to businesses, for instance. What’s quite certain at this juncture is that the long-standing disfavor with the use of video conference over face-to-face meetings will be gone soon.
The key video conferencing statistics presented above were selected to adequately inform you where the industry is heading. In sum, these are the key highlights:
These essential video and web conferencing statistics clearly indicate the current and upcoming state of the global video/web conferencing technology and how they are changing how businesses operate across industries and geographic locations. As a business owner, knowing the extent of the impact these technologies are bringing and will bring to the workplace and making the timely adjustments on your operations will prove to be pivotal in gaining competitive edge and success. In case you’re searching for technological solutions to better enhance your distributed work teams’ productivity, it is best to first try some of the best collaboration tools currently in the market before reaching a purchasing decision to ensure you’re making the correct choice.
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