The Global Wearable Conferencing Technology Market will relinquish an approximated estimate at a frequency of 12.9% for the projection space of 2022 to 2029 with factor such as surging focus and adoption of remote working culture is boosting the global wearable conferencing technology market. High cost of conferencing infrastructure might hamper the growth of the wearable conferencing technology market.
The wearable conferencing technology market has shown an exceptional penetration in countries such as U.S., Germany and U.K. Technological advancements in augmented reality and mixed reality is boosting the growth of wearable conferencing technology market. Surging of wearable conferencing technology industry in the North America region is leading to the significant growth of wearable conferencing technology market.
Wearable Conferencing Technology Market Scenario
According to Data Bridge Market Research, the market of wearable conferencing technology in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Zoom Video Communications, Inc. which accounts an estimated market share of approximately 14.32%. The market is witnessing continuous product launch, partnership and other strategies in the wearable conferencing technology market.
- In October 2021, Zoom Video Communications, Inc. announced that it has been named a Leader in Gartner's Magic Quadrant for Meeting Solutions for 2021. Zoom has now appeared in the Gartner Magic Quadrant for Meeting Solutions for the seventh time, and for the sixth consecutive time as a Leader. The company became highest-scoring vendor across three use cases in the year’s Critical Capabilities for Meeting Solutions: Learning and Training, External Presentation, and Webinar. Thus the company will be able to enhance its brand image in the market.
Trends Impacting the Wearable Conferencing Technology Market
Now the question is which other regions Zoom Video Communications, Inc., Google and Microsoft are targeting? Data Bridge Market Research has estimated a large growth in North America and the market leaders targeting Europe and Asia-Pacific to be their next revenue pockets for 2021.
The wearable conferencing technology market is becoming more competitive every year with companies such as Zoom Video Communications, Inc., Global and Microsoft as they are the market leaders for wearable conferencing technology market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the wearable conferencing technology market.
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Global Wearable Conferencing Technology Market Development
- In December 2021, Vidyo, Inc. unveiled new VidyoRoom Solutions interfaces, including three new in-office video conferencing experiences tailored to deliver the best collaboration environment for hybrid teams. New interfaces for huddle rooms, meeting rooms, and boardrooms, including conference controls and support for immersive experiences, will become increasingly vital as employees try to return to the office following the pandemic, while others continue to work remotely. With this company will be able to provide user-friendly experience to its clients
- In June, ezTalks announced the release of a new version of its webinar service- ezTalks Webinar 1.5. The new version enables users to create any type of webinar that they need like live webinar, automated webinar, on-demand webinar and many more. Thus through the new version the company will provide quick, simple and enjoyable experience to its customers.
Scope of the Global Wearable Conferencing Technology Market
Global wearable conferencing technology market is segmented on the basis of region into Asia-Pacific, Europe, North America, South America, Middle East and Africa.
Based on offering, the global wearable conferencing technology market is segmented into hardware, software and services. Hardware is further sub-segmented into camera, microphone and others. In addition, services is further sub-segmented into managed services and professional services. Based on conferencing type, the global wearable conferencing technology market is segmented into audio conferencing and video conferencing. Based on deployment mode, the global wearable conferencing technology market is segmented into on-premise and cloud. Based on organization size, the global wearable conferencing technology market is segmented into small & medium organization and large organization. Based on application, the global wearable conferencing technology market is segmented into consumer and enterprise. Based on end use, the global wearable conferencing technology market is segmented into corporate, education, healthcare, government and defense, banking, financial services and insurance (BSFI), media and entertainment and other. All the segment are further sub-segmented by deployment mode and organization size. Deployment mode includes on-premise and cloud. Organization size includes small & medium organization and large organization.
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Key Pointers Covered in Global Wearable Conferencing Technology Market Industry Trends and Forecast to 2029
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different Regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Logitech
- Vuzix Corporation
- Vidyo, Inc.
- Ricoh
- Zoom Video Communications, Inc.
- Microsoft
- LogMeIn, Inc.
- RealWear, Inc.
- DIALPAD, INC.
- Google (a subsidiary of Alphabet Inc.)
- Chironix
- Seiko Epson Corporation
- Iristick
- Robert Bosch GmbH
- ezTalks
- HTC Corporation
- Sony Corporation
- Lenovo
- EON Reality
- TeamViewer
Above are the key players covered in the report, to know about more and exhaustive list of conferencing technology companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-wearable-conferencing-technology-market
Research Methodology: Global Wearable Conferencing Technology Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Managers, Managers and Industrial Professionals among others
- Supply Side: Service Providers, Product Managers, Product Designers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.
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