Buy the full study
Summary of our market study
In France, the videoconferencing market is worth over $220 million.
The videoconferencing market experienced rapid growth in the wake of the COVID-19 pandemic. Worldwide, the market is worth over $16 billion, with an average annual growth rate of 10%.
64% of large US companies use Skype for Business and 72% of small businesses prefer Zoom, trends which also reflect the French market.
Service providers are aiming for higher resolution video calls, superior audio quality and greater interoperability to meet the needs of users on different platforms.
Trends in the French videoconferencing market
Videoconferencing has become an essential part of corporate communications, particularly in major business centers such as Paris. The French market is driven by global business operations, the rise of learning platforms and technology start-ups, and telehealth.
Three quarters of companies use video solutions in their activities. Human resources leads the way with around a third, and sales with just under 30%.
The trend towards remote working has made videoconferencing a key tool for operational efficiency.
Companies save money by reducing business travel.
High-quality video calls and ease of use are the key attributes users look for when choosing videoconferencing tools.
In terms of market offerings, options range from telepresence systems to desktop conferencing systems and room-based conferencing configurations.
Technological advances are reducing equipment costs and enhancing functionality. Innovations such as 360-degree cameras with omnidirectional microphones are driving the market forward.
Videoconferencing equipment ranges from $2,000 to $20,000 upfront, and $100 to $300 for monthly rentals.
The players in videoconferencing solutions
- Cisco - renowned for its comprehensive range of videoconferencing solutions, including the Cisco WebEx platform.
- Polycom - A videoconferencing veteran
- Zoom revolutionized the industry with its user-friendly, software-only approach.
- Google has incorporated videoconferencing into its ecosystem
- Skype (owned by Microsoft) - Pioneer of cross-border connectivity
- Lifesize - Driving innovation in videoconferencing
to understand this market
Detailed content of our market study
Inforamtion
- Number of pages : ~ 40 pages
- Format : Digital and PDF versions
- Last update :
Summary and extracts
1 Market summary
1.1 Definition and Introduction
Videoconferencing is defined as a remote conference where video and audio equipment enable the interaction between two or more individuals remotely. The service is often used to interact from different parts of the globe in order to reduce costs related to travelling, but also to improve collaboration between users and therefore an organization's productivity.
Videoconferencing first appeared in 1954 in Brussels during the Universal Exhibition, on an experimental basis. However, its' use in companies and organizations did not really develop until the early technological advances (increased bandwidth, better video quality and speed...) in the 1990s and 2000s which also lowered usage costs.
The global market is growing strongly in parallel to trends such as tele-working and increased global business exposure. In France, the market is mature, nevertheless demonstrating positive growth.
COVID-19 has disrupted the videoconferencing industry, and a section in this report is dedicated to its' effects. In general, the industry has been boosted by the global pandemic.
Finally, market trends include a shift towards cloud services, which enables wider accessibility and connectivity.
All our studies are available online in PDF format
Take a look at an example of our research on another market!
Choosing this study means :
Access to more than 35 hours of work
Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.
Benefit from 6 years' experience and over 1,500 industry reports already produced
Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.
Our know-how and methodology enable us to produce reports that offer unique value for money.
Access to several thousand articles and paid-for data
Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).
To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)
Guaranteed support after your purchase
A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676
A digital format designed for our users
Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.
Our offers :
the videoconferencing market | France
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What is the positioning of companies in the value chain?
- Data from several dozen databases
Pack 5 études (-25%) France
- 5 études au prix de 74 €HT par étude à choisir parmi nos 1200 titres sur le catalogue
- Conservez -25% sur les études supplémentaires achetées
- Choisissez le remboursement des crédits non consommés au terme des 12 mois (durée du pack)
Consultez notre catalogue d’études sectorielles
Our customer references
They have consulted our studies
Discover the opinions (+500)
Malcolm Vincent
Astoria Finance
Gregoire de Castelnau
Stags Participations
Timothé Huignard
PWC
Paul-Alexis Kebabtchieff
BCG
Aymeric Granet
Publicis Consultant
interviews & case studies
All interviews and case studies (45)
