Middle East & Africa Video Conferencing Market

Market Introduction

Video conferencing is a live video-based platform made for conducting meetings between two or more individuals in distinct locations through a video-enabled devices. It enables several individuals to meet and collaborate face to face through long distance meeting by transmitting video, audio, text, and presentations in a real time via internet. Video conferencing is an eccentric alternative to the actual physical travel, broadcast vision, and sound meetings without risk and time lost. The video conference is continuously evolving across the region due to the availability of 5G and the growing concept of digitization. Saudi Arabia and UAE are the major countries that are inclined to bring digitalization within their territory. In the current scenario and complex world of communications technology, the need to provide advanced technological solutions is gaining high momentum.  Moreover, As per Okta’s first EMEA Business @ Work report, the OKta’s customers are opting for the Zoom app heavily in the region. As zoom works efficiently in low-bandwidth environments, it has provided the users with an opportunity to opt for video conferencing solutions. Earlier, the video conferencing has been bandwidth-intensive and thus was difficult in varied areas of EMEA, where Internet architecture is still inefficient. However, with constant and significant investments by telco & communication providers and government bodies in developing economies, the internet infrastructure is getting better. With the pace of time, the region has started to recognize the advantages of cloud communications, which would positively impact the adoption of more video conferencing solutions, including zoom.in the region.

Market Overview and Dynamics

The video conferencing market in MEA was valued at US$ 619.5 million in 2019 and is projected to reach US$ 1182.6 million by 2027; it is expected to grow at a CAGR of 7.9% from 2020 to 2027. The educational and healthcare sectors are maturing across developing countries and are continuously experiencing the emergence of advanced technological solutions to increase efficiency. Traditionally, these sectors used room based interaction strategies; however, with the rise in technology, these sectors are investing in virtual solutions for better performance. In recent years, several educational institutions and healthcare organizations are incorporating video conferencing tools to educate students and treat located remotely patients. This is a crucial driving force for the video conferencing market.

Key Market Segments

In terms of type, the hardware segment in the video conferencing market accounted for the largest share in 2019. In terms of deployment, the cloud segment in the video conferencing market accounted for the largest share in 2019. In terms of industry vertical, corporate enterprises segment in the video conferencing market accounted for the largest share in 2019.

Major Sources and Companies Listed

Several major primary and secondary sources referred to for preparing this report on the video conferencing in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adobe Inc., Google LLC, Microsoft Corporation, and Zoom Video Communications, Inc., among others.

Reasons to buy report

• It provides understanding of the MEA Video Conferencing market landscape and identifies market segments that are most likely to guarantee a strong return.
• It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the MEA Video Conferencing.  
• It helps efficiently plan merger and acquisition, and partnership deals in the MEA Video Conferencing  market by identifying market segments with the most promising probable sales.
• It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the MEA Video Conferencing market.   
• It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.

MEA Video Conferencing Market Segmentation

• MEA Video Conferencing Market – By Type
  • Hardware
  • Software
  • Services
• MEA Video Conferencing Market – By Deployment
  • On-Premise
  • Cloud
  • Hybrid
• MEA Video Conferencing Market – By Industry Vertical
  • Corporate Enterprise
  • Government & Defense
  • Healthcare
  • Education
  • Manufacturing
  • Others

• MEA Video Conferencing Market – By Country
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA

MEA Video Conferencing Market – Companies Mentioned

• Adobe Inc.
• Amazon
• Brother International Corporation
• Cisco Systems, Inc.
• Facebook, Inc.
• Google LLC
• Microsoft Corporation
• TeamViewer GmbH
• Zoho Corporation
• Zoom Video Communications, Inc.

Middle East & Africa Video Conferencing Market Strategic Insights

Middle East & Africa Video Conferencing Market Segmentation Analysis

Middle East & Africa Video Conferencing Market Report Highlights

Middle East & Africa Video Conferencing Report Scope

Middle East & Africa Video Conferencing Market Country and Regional Insights