TechNavio today published its report Global Web Conferencing Market 2010“2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision-makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Telecom team said, The market is witnessing high growth in the APAC region compared to other regions such as the Americas and the EMEA region. This is mainly due to large numbers of SMBs existing in this region. Also low penetration of web conferencing is also responsible for high growth achieved in the region. With major IT companies outsourcing their backend support to this region, web conferencing enables companies to increase their productivity through collaboration by bringing employees across different geographies to a single table.
According to the report, geographically diversified teams located across different continents are one of the main reasons for high adoption of web conferencing. Enterprises are able to significantly reduce their cost as they have to invest a lot on business travel. With web conferencing, enterprises can save a lot by reducing business travel. Also enterprises can improve their productivity by using the same time consumed in travel to initiate other meetings.
The report also discusses key challenges faced by this market including decreasing prices of products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-web-conferencing-market-2010-2014
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TechNavio Announces the Publication of its Report – Global Web Conferencing Market 2010-2014
