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 (Western Region, Central Region, Southern Region) And Competitive Landscape
According to 6Wresearch, Turkey Video Conferencing Market size is projected to grow at CAGR of 11.6% during 2021-27. Turkey video conferencing market is anticipated to grow significantly in the forecast period owing to the increasing number of SMEs and other organizations adopting smarter ways of collaborating in Turkey due to the government initiatives of making cloud-based platforms available to all. Under the digital transformation initiatives of the country, the government of Turkey aims to launch a 5G network by 2022, hence, with increased internet speeds and better connectivity, the video conferencing market in Turkey would grow in the years to come.
Organizations across Turkey are widely replacing traditional methods of collaboration by video conferencing solutions. The digital transformation initiatives of the government of Turkey to introduce 5G network by 2022, is also expected to drive the video conferencing market in the forecast period. Development projects like Istanbul financial sector would lead to an increase in office spaces and thus, the number of meeting rooms, gradually leading to the growth in video conferencing market of Turkey.
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Market Analysis by Sectors
Among sectors, corporate sector emerged as the dominant revenue share contributor in Turkey Video Conferencing market for the year 2020 and segment is projected to lead the market during the forecast period as well, attributed to free cloud applications for companies by several public-private partnership companies and forthcoming office developmental projects in the country.
Key Highlights of the Report
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