Tuesday 28 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Cloud-based Video Conferencing Market: Avaya Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd. and Polycom Inc.
Other Prominent Vendors in the market are: Blue Jeans Network, Fuze/FuzeBox, LifeSize Communications, StarLeaf, Videxio and Vidyo.
The report said: “Growing popularity of BYOD among small and medium enterprises is one of the key trends in the market. The adoption of BYOD helps organizations save internal infrastructure costs, enhances productivity, increases engagement in the workplace and after work time engagement, and provides better mobility to employees.”
According to the report, the shift from on-premise to cloud-based video conferencing is contributing to the market growth. Currently, with the adoption of cloud, communication has become more convenient and cost effective, resulting in high demand for cloud-based video conferencing.
Further, the report states that growing concern about data security in the cloud poses a major challenge to the market. Therefore, the cloud-based video conferencing service providers are incorporating advanced security measures to ensure data safety during the transfer of data.
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 vendors.