Web Real Time Communication Market- Roadmap for Recovery from COVID-19 | Increasing Internet Penetration to Boost Market Growth | Technavio

September 28, 2020, 9:15 AM·6 min read

Technavio has been monitoring the web real time communication market and it is poised to grow by USD 16.01 billion during 2020-2024, progressing at a CAGR of almost 46% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005400/en/

Technavio has announced its latest market research report titled Global Web Real Time Communication (webRTC) Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

Based on segmentation by platform, which is the leading segment in the market?

The browsers segment is expected to be the leading segment based on platform in the global market during the forecast period.

What are the major trends in the market?

Increased adoption of BYOD concept is one of the major trends in the market.

At what rate is the market projected to grow?

Growing at a CAGR of almost 46%, the incremental growth of the market is anticipated to be USD 16.01 billion.

Who are the top players in the market?

Alphabet Inc., Apple Inc., AT&T Inc., Avaya Holdings Corp., Cisco Systems Inc., Dialogic Corp., International Business Machines Corp., Microsoft Corp., Ribbon Communications Inc., and Vonage Holdings Corp. are some of the major market participants.

What are the key market drivers and challenges?

Increasing Internet penetration is one of the major factors driving the market. However, the popularity of Voice over Internet Protocol (VoIP) will restrain market growth.

How big is the North America market?

The North America region will contribute 36% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., AT&T Inc., Avaya Holdings Corp., Cisco Systems Inc., Dialogic Corp., International Business Machines Corp., Microsoft Corp., Ribbon Communications Inc., and Vonage Holdings Corp. are some of the major market participants. The increasing Internet penetration will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Web Real Time Communication Market 2020-2024: Segmentation

Web Real Time Communication Market is segmented as below:

Platform
- Browser
- Mobile
- UC
Geography
- North America
- Europe
- APAC
- South America
- MEA
Application
- Video
- Voice
- Data Sharing

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43933

Web Real Time Communication Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The web real time communication market report covers the following areas:

Web Real Time Communication Market Size
Web Real Time Communication Market Trends
Web Real Time Communication Market Analysis

This study identifies increased adoption of BYOD concept as one of the prime reasons driving the web real time communication market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Web Real Time Communication Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist web real time communication market growth during the next five years
Estimation of the web real time communication market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the web real time communication market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of web real time communication market vendors

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Video - Market size and forecast 2019-2024
Voice - Market size and forecast 2019-2024
Data sharing - Market size and forecast 2019-2024
Market opportunity by Application

Market Segmentation by Platform

Market segments
Comparison by Platform
Browser - Market size and forecast 2019-2024
Mobile - Market size and forecast 2019-2024
UC - Market size and forecast 2019-2024
Market opportunity by Platform

Customer landscape

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers – Demand led growth
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Alphabet Inc.
Apple Inc.
AT&T Inc.
Avaya Holdings Corp.
Cisco Systems Inc.
Dialogic Corp.
International Business Machines Corp.
Microsoft Corp.
Ribbon Communications Inc.
Vonage Holdings Corp.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200928005400/en/

Contacts

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Jesse Maida
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Email: media@technavio.com
Website: www.technavio.com/

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