Webcast Market Size, Trends & Analysis - Forecasts To 2025 By Services (Hardware [Cameras, Sensors, Processors, Projectors, Others], Software, Services); By Deployment Model (Cloud, On- Premise); By Application (Government Institutions, IT & Telecommunication, BFSI, Commercial, Healthcare, Defense, Educational & Research Institutes, Automotive, Others); By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); End-Use Landscape; Vendor Landscape and Competitor Analysis - Global Market Estimates
Webcast Market Insights
The global webcast market is anticipated to grow at an exponential CAGR over the forecast period. The market is expected to be influenced by factors such as reduced travel time & costs, streamlined attendance, and increased productivity among others. The other factors driving the global webcast market include increasing inclination towards virtual meetings coupled with mounting globalization across several industries.
Webcasting services offers tools and services required to live stream different sessions ranging from company seminars to press conferences. Webcast technologies are extensively used to conduct webinars. The high adoption of Bring Your Own Device (BYOD) coupled with increasing use of smart phones and connected devices is likely to positively impact the overall market growth over the forecast period.
Webcast Market: Services Insights
The global webcast market is segmented into hardware, software, and services. Hardware segment is further segmented into cameras, sensors, processors, projectors, and interfaces among others. Hardware segment held the majority revenue share of the global webcast market in 2016, and is further likely to grow at a significant CAGR over the forecast period.
Webcast Market: Deployment Models Insights
The global webcast market is segmented into cloud and on- Premise, based on deployment models. Cloud-based webcast segment is projected to witness significant CAGR over the coming years as it provides a number of advantages including scalability and enhanced IT experience. On-premise segment accounted for dominant revenue share in the global webcast market in 2016.
Webcast Market: Application Insights
The global webcast market is segregated into government institutions, IT & Telecommunication, BFSI, commercial, healthcare, defense, educational & research institutes, and automotive among others.
IT & Telecommunication, healthcare, and educational & research institutes are likely to register a significant growth over the forecast period attributing to high demand and acceptance for business communications and web-based learning & training.
Webcast Market: Regional Insights
North America accounted for majority revenue share in the global webcast market in 2016 and is further likely to register a substantial growth over the forecast period. The regional growth is primarily attributed to high adoption of cloud based webcast solutions.
Asia Pacific is also likely to grow at a significant rate due to increase in the number of start-ups across the region and growing use of consumer electronics’ products. Increasing use of consumer electronics
Europe and Middle-East & Africa region are also projected to grow at a flourishing rate over the coming years.
Webcast Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global Webcast market. The major consumers of the product are Oracle, Symantec, and EMC.
Webcast Market Share & Competitor Analysis
Some of the key players profiled in the global webcast market include Adobe Connect, Elluminate, Fuze Meeting, Microsoft, Blackboard, OmNovia, Onstream Media, Webinato, Cisco WebEx, and Click Webinar among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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The global Webcast Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Webcast Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
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