Global Web Real-Time Communication Market

Global Web Real-Time Communication Market is expected to reach USD 14.14 Billion by 2024 from USD 1.02 Billion in 2017 at a CAGR of 45.59%.

Global Web Real-Time Communication Market Web Real-Time Communication Market based on product type, solution, service, vertical and geography. Healthcare sub-segment among the vertical segment is anticipated to hold the largest market share over the forecast period. The changes in consumer/patient demands and digitalization. This brings in the need for channelized data insights, improved communication, improved data quality, and accurate clinical information consolidated through the deployment of WebRTC solutions.

A key driving factor for Web Real-Time Communication Market is webification of communication, increasing demand for WebRTC solutions from SMBs, and demand for secure & robust communication. Increasing usage of smartphones drive the market of web real-time communication and at the same time lack of substantial universal standards and increasing, security concerns will hamper the market.

The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. Data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Web Real-Time Communication market.

Geographically, Web Real-Time Communication Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The swift growth of the market in the APAC region is expected to be the fastest-growing region in the global market. The growth in the region is attributed to the high internet connectivity, mobile workforce expansion, and increasing adoption of mobile devices. Large enterprises as well as small & medium-sized businesses in the Asia-Pacific countries have begun to acknowledge the importance of WebRTC solutions, and are focusing on the deployment of dedicated WebRTC solutions to facilitate affordable real-time communication and to efficiently serve customer requirements.

Key player’s studies, analyzed, profiled and benchmarked in Web Real-Time Communication Market are Tokbox Inc., Avaya, Inc., AT&T Inc., Apidaze, Cisco Systems, Inc., Genband Inc., Polycom, Inc., Dialogic Corporation, Quobis, Oracle Corporation, Twilio, Inc., and Cafex Corporation, Inc.

The Scope of Report Web Real-Time Communication Market:

Global Web Real-Time Communication Market, by Product Type:

• Solution
• Services

Global Web Real-Time Communication Market, by Solution:

• Voice Calling & Conference
• Video Calling & Conference
• Messaging & File Sharing
• Others

Global Web Real-Time Communication Market, by Services:

• Implementation & integration Services
• Consulting Services
• Others

Global Web Real-Time Communication Market, by Vertical:

• BFSI
• IT & Telecom
• Retail & Consumer Goods
• Media & Entertainment
• Healthcare
• Public Sector an Education
• Transportation & Logistics

Global Web Real-Time Communication Market, by Geographies:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key Players, Global Web Real-Time Communication Market:

• Tokbox Inc.
• Avaya, Inc.
• AT&T Inc.
• Apidaze
• Cisco Systems, Inc.
• Genband Inc.
• Polycom, Inc.
• Dialogic Corporation
• Quobis
• Oracle Corporation
• Twilio, Inc.
• Cafex Corporation, Inc.

This Article is published by this @Maximize Market Research Company

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

This article is published by this Maximize Market Research Company