Market by Deployment Type, Component, Enterprise Size, Applications, and Country Outlook | 2022-2028
A
study by Triton Market Research shows that the market for virtual meeting
software in the Middle East and Africa would develop with a CAGR of 12.73% in the forecast years 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The countries studied in this
market include:
• Saudi Arabia
• The United Arab Emirates
• South Africa
• Turkey
• Rest of Middle East & Africa
The Middle
East and Africa is increasingly focusing on better business avenues and
overseas trade. The use of VM software in all sectors of the economy has been witnessed
in the region. This includes BFSI, business, education, manufacturing,
government, etc. The governments of Saudi Arabia and the UAE are opening several
trade corridors for China, India, and ASEAN countries to boost international
relations. This has been made possible by the use of virtual meeting software,
which offers fast and improved connectivity.
Saudi
Arabia is also an emerging market for VMS. Its surging demand from the business
and government sectors has led to increased usage. In 2021, the NASSCOM
announced a virtual business visit to Saudi Arabia, from the 6th to the 8th
of September, and was designed exclusively for its SME members. The program, called
“Virtual Business Gateway,” offered a complete deep dive into the Saudi market.
And it was successfully carried out by using virtual meeting software.
Since
May 2020, the Trade Ministry of Turkey has organized 100 virtual meetings for trade
delegations due to lockdown implementation. Nearly 1,801 manufacturing and
exporting companies met with 4,279 foreign buyers via virtual B2B meetings, as
per the data compiled. These virtual delegations promoted Turkish companies and
products in overseas markets when conducting physical events was not possible due
to travel bans. But the adoption of VMS helped to conduct these virtual meets
efficiently.
There
are numerous benefits gained by using VMS in healthcare, the prime benefit
being the ability to reach out and treat more people than usually possible
under normal circumstances. Various healthcare service providers have limited
resources, which significantly limits the number of people they can serve. However,
by using virtual meeting software, they have been able to connect online with patients
located far away or those who are immobile and unable to visit the healthcare
facilities. This has helped the patients receive high-quality medical services.
The studied report assesses the market’s growth according to
deployment
type, component, enterprise size, and applications.
Here,
the applications segment comprises healthcare,
manufacturing, IT & telecom, government, BFSI, education, and other
applications.
Some of the leading players in the virtual
meeting software market include Airmeet Inc, Amazon Inc, Livestrom Inc, Zoho
Corporation, Adobe Inc, Cisco Systems Inc, Aventri Inc, and Avaya Inc.
Avaya
Inc is a globally renowned business communications company. It offers a broad
range of software and services for unified communications and contact centers,
in the cloud, on-premises, or as a hybrid solution. The company provides them
to varied businesses, including small businesses, large businesses,
multinational corporations, and government organizations. Avaya has a notable
presence in the Middle East and Africa. It was founded in 2000, and has a
workforce of more than 8000 employees.
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 the Middle East and Africa 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 MEA 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. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY DEPLOYMENT TYPE
3.1. ON-PREMISE
3.2. CLOUD
4. MIDDLE
EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY COMPONENT
4.1. SOFTWARE
4.2. SERVICE
5. MIDDLE
EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY ENTERPRISE SIZE
5.1. LARGE
ENTERPRISES
5.2. SMALL
& MEDIUM ENTERPRISE SIZES
6. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET – COUNTRY OUTLOOK
7.1. UNITED
ARAB EMIRATES
7.2. SAUDI
ARABIA
7.3. TURKEY
7.4. SOUTH
AFRICA
7.5. REST
OF MIDDLE EAST & AFRICA
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: MIDDLE EAST
AND AFRICA 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: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2022-2028, (IN
$ MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, 2022-2028, (IN $
MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, 2022-2028, (IN
$ MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY APPLICATIONS, 2022-2028, (IN $
MILLION)
TABLE 11: MIDDLE EAST
AND AFRICA 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: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, DEPLOYMENT TYPE OUTLOOK, 2021 &
2028 (IN %)
FIGURE 5: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $
MILLION)
FIGURE 6: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028
(IN %)
FIGURE 8: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $
MILLION)
FIGURE 9: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SERVICE, 2022-2028 (IN $
MILLION)
FIGURE 10: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, ENTERPRISE SIZE OUTLOOK, 2021 &
2028 (IN %)
FIGURE 11: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN
$ MILLION)
FIGURE 12: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES,
2022-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, APPLICATIONS OUTLOOK, 2021 &
2028 (IN %)
FIGURE 14: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY BFSI, 2022-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY EDUCATION, 2022-2028 (IN $
MILLION)
FIGURE 16: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY IT & TELECOM, 2022-2028 (IN
$ MILLION)
FIGURE 17: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY GOVERNMENT, 2022-2028 (IN $
MILLION)
FIGURE 18: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY HEALTHCARE, 2022-2028 (IN $
MILLION)
FIGURE 19: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY MANUFACTURING, 2022-2028 (IN $
MILLION)
FIGURE 20: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY OTHER APPLICATIONS, 2022-2028
(IN $ MILLION)
FIGURE 21: MIDDLE EAST
AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028
(IN %)
FIGURE 22: UNITED ARAB
EMIRATES VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: SAUDI ARABIA
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: TURKEY
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: SOUTH AFRICA
VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: REST OF
MIDDLE EAST & AFRICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $
MILLION)