Market Forecast By Types (Hardware (Telepresence, Integrated, Desktop), Software (On-Premise, Cloud), Services (Managed, Professional)), By Sectors (Corporate, Education, Healthcare, Government & Other (Legal Services, Financial Services, Hospitality)), By Regions (Eastern, Western, Southern, Central) And Competitive Landscape
According to 6Wresearch, Saudi Arabia Video Conferencing Market size is projected to grow at CAGR of 13.5% during 2021-27. Saudi Arabia Video Conferencing Market is expected to witness robust growth in the coming years owing to increased involvement of several sectors of the country towards video interaction, which has turned out to be an effective and efficient tool for real-time communication. Further, technological innovations and rising number of start-ups and SMEs who are adopting videoconferencing for their functioning in the country are expected to trigger the video conferencing market growth in the near future.
Increasing adoption of cloud-based technology and deployment of 5G network across Saudi Arabia is expected to drive the video conferencing market in the kingdom. Several SMEs and start-ups in Saudi Arabia are also adopting cloud-based technologies and video conferencing on the back of a growing culture of remote working in the country. The digital transformation initiatives of the government of Saudi Arabia are also expected to increase the demand for video conferencing in the kingdom.
Market Analysis by Type
By types, Hardware and Software segment together comprise of a cumulative market share of around 75% in the overall market revenues in 2020.
Key Highlights of the Report
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