Market by Deployment Type, Component, Enterprise Size, Applications, and Country Outlook | 2022-2028
A study by Triton Market Research on the virtual meeting software market in Europe shows that the market will progress with a CAGR of 11.79% in the forecast years 2022-2028.
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The countries studied in this market include:
• Poland
• The
United Kingdom
• Italy
• Germany
• Belgium
• France
• Rest
of Europe
Europe
has embraced virtual meeting solutions long back, and their usage has grown
massively over time. For instance, several educational institutes use virtual meeting software for distance learning,
MOOCs, or similar other purposes. On the other hand, the banking sector uses this
software for connecting with other offices globally. The secure networking facilitated
by VMS has led to many banks and BFSI businesses to adopt it on a large scale.
In
the United Kingdom, many apps witnessed an increase in their daily active users
(DAUs) during the coronavirus-induced pandemic outbreak in the country, as an
increasingly large number of people took to virtual meeting apps for work and also
for socializing with family & friends. For
instance, the number of DAUs of the video conferencing platform Zoom reached a
peak of approximately 1.7 million people by November 2020. These developments
indicate that the UK is a promising market for virtual
meeting software.
Although
small, Italy is a very impactful market for VMS. The retail, government,
education, healthcare, and various other sectors have been using virtual meeting software regularly since the pandemic
onset. For instance, representatives from several international clothing brands
situated in the country conduct daily virtual meet-ups with different vendors,
brands, and even customers worldwide, by using VM software tools. Besides, the
government officials also largely use VMS for meetings and summits. These
factors indicate an overall positive outlook for the studied market.
Online
meeting tools play a critical role in the success of any organization, whether
large or small enterprises, government or private sector companies.
For government agencies and public sector institutions, VMS proves to be a
cost-efficient method to extend their reach and stay connected. Video
conferencing tools help connect office workers and field staff instantly,
thereby increasing operational efficiency and strengthening bonds among teams.
The studied report assesses the market’s growth based on applications,
deployment type, component, and enterprise size. Here, the applications
segment comprises government,
healthcare, IT & telecom, manufacturing, BFSI, education, and other
applications.
Some of the top companies considered in the virtual meeting
software market are Airmeet Inc, Zoom Video
Communications Inc, Livestrom Inc, Cisco Systems Inc, Alphabet Inc, Huawei
Technologies Co Ltd, Aventri Inc, and Goto Inc.
Livestorm
is a company providing browser-based software to businesses for video
communication. It offers solutions for webinars with analytics tools,
management, as well as marketing tools. The company’s all-in-one browser-based
platform easily adapts to all online event formats, thereby allowing users to
organize every stage of the event. Currently, more than 3,000 companies around
the world use solutions offered by Livestorm, making use of its interactive
features like questions, polls, and conversations. Founded in 2016, it is
headquartered in Paris, France.
Key deliverables of the report:
·
Market CAGR during the forecasting years 2022-2028
·
Detailed data highlighting key insights, industry components, and
market strategies
·
Comprehensive information and estimation of the virtual meeting
software market revenue growth in Europe and its influence on the parent
market
·
In-depth study of forthcoming trends in consumer behavioral
patterns
·
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
·
A wide-ranging study of factors that will challenge the Europe virtual
meeting software market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize
this report based on your preferences. Connect with us here.
Market by Security Testing Typ ..
VIEW REPORT1. EUROPE
VIRTUAL MEETING SOFTWARE MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE VIRTUAL MEETING SOFTWARE INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. GROWING
ONLINE EDUCATION
2.2.2. INCREASING
ACCEPTANCE OF VIRTUAL MEETING SOFTWARE
2.2.3. RISING
PENETRATION OF DIGITAL PLATFORMS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. COMPATIBILITY
2.4.2. EASE
OF USE
2.4.3. INTEGRATION
2.4.4. COST-EFFECTIVENESS
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.7.3. PARTNERSHIPS
2.7.4. BUSINESS
EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. INCREASE
IN THE NUMBER OF VIRTUAL MEETING SOFTWARE PROVIDERS ACROSS THE GLOBE
2.8.2. SURGE
IN THE ADOPTION OF TECHNOLOGIES LIKE FACIAL RECOGNITION
2.8.3. RISE
IN THE ADOPTION OF VIRTUAL MEETING SOFTWARE BY CORPORATE AND GOVERNMENT
ORGANIZATIONS
2.9. MARKET
CHALLENGES
2.9.1. LESS
FACE-TO-FACE CONTACT WITH CLIENTS AND COLLEAGUES
2.9.2. TECHNICAL
DIFFICULTIES
2.10. MARKET
OPPORTUNITIES
2.10.1. CLOSURE
OF OFFICES AND OTHER FACILITIES DUE TO LOCKDOWNS
2.10.2. INCREASED
PRODUCTIVITY DUE TO WORK-FROM-HOME CULTURE
3. EUROPE
VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY DEPLOYMENT TYPE
3.1. ON-PREMISE
3.2. CLOUD
4. EUROPE
VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY COMPONENT
4.1. SOFTWARE
4.2. SERVICE
5. EUROPE
VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY ENTERPRISE SIZE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISES
6. EUROPE
VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY APPLICATIONS
6.1. BFSI
6.2. EDUCATION
6.3. IT
& TELECOM
6.4. GOVERNMENT
6.5. HEALTHCARE
6.6. MANUFACTURING
6.7. OTHER
APPLICATIONS
7. EUROPE
VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – COUNTRY OUTLOOK
7.1. UNITED
KINGDOM
7.2. GERMANY
7.3. FRANCE
7.4. ITALY
7.5. BELGIUM
7.6. POLAND
7.7. REST
OF EUROPE
8. COMPETITIVE
LANDSCAPE
8.1. ZOOM
VIDEO COMMUNICATIONS INC
8.2. MICROSOFT
CORPORATION
8.3. ZOHO
CORPORATION
8.4. ADOBE
INC
8.5. ALPHABET
INC
8.6. CISCO
SYSTEMS INC
8.7. GOTO
INC
8.8. HUAWEI
TECHNOLOGIES CO LTD
8.9. AVAYA
INC
8.10. AVENTRI
INC
8.11. SINE
WAVE ENTERTAINMENT LTD
8.12. LIFESIZE
INC
8.13. AMAZON
INC
8.14. LIVESTORM
INC
8.15. AIRMEET
INC
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF
PARTNERSHIPS
TABLE 6: LIST OF
BUSINESS EXPANSIONS
TABLE 7: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY APPLICATIONS, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: VIRTUAL
MEETING SOFTWARE SOLUTION FOR A WORKING PERSON AND RELATED SECTOR
FIGURE 4: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, DEPLOYMENT TYPE OUTLOOK, 2021 & 2028 (IN
%)
FIGURE 5: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)
FIGURE 8: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, ENTERPRISE SIZE OUTLOOK, 2021 & 2028 (IN
%)
FIGURE 11: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2022-2028
(IN $ MILLION)
FIGURE 13: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, APPLICATIONS OUTLOOK, 2021 & 2028 (IN %)
FIGURE 14: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY BFSI, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY EDUCATION, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY IT & TELECOM, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE VIRTUAL
MEETING SOFTWARE MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE
VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 22: UNITED
KINGDOM VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: WORKING MODE
OF PEOPLE IN GERMANY FOR THE YEAR 2022
FIGURE 24: GERMANY
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: FRANCE
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: ITALY
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: BELGIUM
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: POLAND
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF
EUROPE VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)