- The key vendors in the Web Conferencing Services Market in the Americas 2015-2019 are Adobe Systems Inc., Cisco Systems Inc., Citrix Systems Inc., IBM Corp. and Microsoft Corp.
London, 24 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Web Conferencing Services Market in the Americas 2015-2019. Collaborative workspaces are a major trend emerging in this market. Vendors add features such as enhanced mobile capabilities, workplace collaboration tools, and HD video into the traditional mode of online meetings to enrich the experience of customers. The Web Conferencing Services market in the Americas is expected to grow at a CAGR of 5.91 percent during the period 2014-2019.
“Vendors operating in the Web Conferencing Services market are re-evaluating their pricing to gain market share through the high adoption of web conferencing solutions by SMBs,” says Faisal Ghaus, Vice President of TechNavio Research.
“Vendors are coming up with local language support to cater to the SMB segment, as English is not a major language in many of the target countries.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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