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Video Conferencing market insights shared in detailed report by Credenceresearch.com

Global healthcare video conferencing market was valued at US$246.0Mn in 2014 and is estimated to expandwith a CAGR of 12.1% from 2015 to 2022.

The purpose of the report is to illustrate the state of the market of Video Conferencing, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026. [Continue reading…]

Video Conferencing market

The video conferencing market is currently governed by the corporate enterprises end-user segment contributing to more than 50% of the total market revenue generated worldwide. Corporate enterprise segment includes small and medium as well as large sized business organizations across the IT & telecommunication, banks, financial services and insurance (BFSI), BPOs, KPOs and other business entities. Due to increasing efforts for globalization in these organizations, the segment is estimated to retain its dominant position in the market throughout the forecast period. Nevertheless, healthcare segment is estimated to emerge as the most promising segment for video conferencing in the coming years. Presently, market for video conferencing in healthcare segment is in its nascent stage even in regions such as North America, Western Europe and Southeast Asia where technology acceptance is higher as compared to other regions. Video conferencing enables better medical support within no time and reduces the need for unnecessary hospitalization. Since using video conferencing solution is highly cost effective, patients can have access to healthcare organizations/experts irrespective of their location.

[The report is originally published on Credence Research Inc.]

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