Global Web Conferencing Services Market to grow at a CAGR of 9.60% during 2015
Research Report on “Global Web Conferencing Services Market 2015-2019” by Market Research Store
Our analyst researched the following companies as the key players in the Global Web Conferencing Services Market: Adobe Systems Inc., Cisco Systems Inc., Citrix Systems Inc., IBM Corp. and Microsoft Corp.
Other Prominent Vendors in the market are: Arkadin, AT&T Connect Support, Bridgit, ClickMeeting, Communique Conferencing, Digital Samba OnSync, Fuze, Glance Networks, Global Meet, OpenMeetings, hotComm, HotConference, HP Virtual Rooms, Infinite Conferencing, InstantPresenter, InterCall, Meeting Zone, MegaMeeting, OmniJoin, OmNovia,. OnStream Media, OpenText, RHUB Communications, RadVision, ReadyTalk, Saba Software, Same Page, Skype, Spreed, TeamViewer, Yugma and Via-Vox.
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Commenting on the report, an our analyst said: “Collaborative workspaces are a major trend in this market. Vendors are adding features such as enhanced mobile capabilities, workplace collaboration tools, and HD video into the traditional mode of online meetings to enrich the experience of customers.”
According to the report, one of the key factors driving market growth is the training needs of geographically diversified teams. Enterprises are using web conferencing solutions to remain updated as well as educate customers and employees. Web conferencing enables employees to engage in real-time collaboration, which improves the productivity of the employees, thereby improving their understanding about the products and services.
Further, the report states that commoditization of web conferencing products is one of the major challenges faced by the market. The market is witnessing commoditization of web conferencing products because of the presence of many vendors. Vendors are bundling various web conferencing products with value-added features to market the products at affordable prices and to increase their market shares.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.