Germany acquired the largest revenue share in the Europe Video Conferencing Market – 6Wresearch.
The Europe Video Conferencing market witnessed significant growth during the period 2018-2021 to growing digitalization and increasing adoption of video conferencing solutions in healthcare, education and corporate sector. The outbreak of Covid-19 pandemic had a positive impact on the video conferencing market in 2021 as virtual forms of collaboration were widely adopted by different sectors including healthcare, education and corporate sectors to continue with their usual functioning.
According to 6Wresearch, the Europe video conferencing market size is projected to grow at a CAGR of 10.3% in terms of revenue during 2022-2028. Europe’s Digital Strategy 2050 to promote digital infrastructure and digital transformation of private businesses as well as public services would aid the demand for video conferencing hardware like laptops, PCs, desktops and more.
By types, desktop segment accounted for highest share in 2021 and is expected to project fastest growth in the coming years owing to increasing demand for portable devices for video conferencing in times where work-from-home and e-learning have become the new work culture.
According to Rakshita Joshi, Research Associate, 6Wresearch, “Video conferencing market in Europe would register growth in the coming years on account of the country’s increasing focus on digitalization of its private businesses, public and healthcare sector coupled with increasing office spaces.
Furthermore, rapid shift towards remote working, digital learning and telehealthcare public and healthcare sector”, Rakshita further added.
“Europe video conferencing market (2022-2028F)” report provides an in-depth analysis with 68 figures and 15 tables, covered in 116 pages. The report estimates and forecast the Europe video conferencing market by types, sectors and countries. Europe video conferencing market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.