“Webinar and Webcast Market:
Global Demand, Growth Analysis & Opportunity Outlook 2023”
The global webinar and webcast market
is segmented into deployment type such as on-premises and hosted. Among these
segments, on-premises segment is expected to occupy the largest market of
overall webinar and webcast market. Further, the rise of the webinar and webcast
market is riding on the back of rapid digitization of education and corporate
sector. Moreover, increasing initiatives taken by enterprises towards business
communications and web-based learning and training are predicted to supplement
the growth of webinar and webcast market.
Global webinar and webcast market
is expected to post a CAGR of 7.6 % over the forecast period. Moreover, the global
webinar and webcast market is
projected to expand at USD 800 Million by the end of 2023. Apart
from this, the market of webinar and webcast is expanding on the back of rapid
urbanization and implementation of webinar and webcast across numerous
enterprises around the globe.
The corporate segment by
end-user is anticipated to showcase a tremendous growth over the forecast
period i.e. 2016-2023. Further, growing adoption of webinar and webcast by
medium enterprises in developed regions such as U.S. is believed to propel the
growth of corporate segment. In terms of regional platform, with 77% revenue
share in 2015, North America region grabbed the largest market of webinar and webcast.
Moreover, Europe and Middle East region are anticipated to post a notable CAGR
due to digitization of corporate and education sector.
Spiked
penetration of smart gadgets
Rising penetration of smart
devices coupled with advancement in internet services across the globe is one
the major factor fuelling the growth of webinar and webcast market.
Furthermore, increasing trend of bring-your-own-device in numerous
organizations and growing awareness among the tech savvy population towards the
advanced interactive technology are believed to intensify the growth of webinar
and webcast market.
Rising
digitization across various sectors
Rising digitization across the
globe sequentially raise the demand for webinar and webcast technology to
spread information among the employees of an organization. Further, universities
and other educational institutes are providing classes and trainings through
webinar which is also envisioned to bolster the growth of webinar and webcast
market.
However, lack of advancement
related to web based services in underdeveloped nations is expected to hamper
the growth of webinar and webcast market. Moreover, slow adoption rate of web
based service by government organizations is anticipated to hinder the growth
of webinar and webcast market.
The
report titled “Webinar and Webcast Market: Global Demand, Growth Analysis
& Opportunity Outlook 2023” delivers
detailed overview of the global webinar and webcast market in terms of market
segmentation by deployment type, by end-user and by region.
Further, for the in-depth
analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five
force model.
This report also provides the
existing competitive scenario of some of the key players of the global webinar
and webcast market which includes company profiling of Cisco WebEx, Adobe Connect, Microsoft Corporation, Mega Meeting, Skype,
Click Webinar, OmNovia, Webinato, Clickmeeting and Onstream Media. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global webinar
and webcast market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the future.
About Research
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strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
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