Conference Room Solutions Market

Conference Room Solutions Market: Retail and Consumer Goods Vertical Segment to Hold Significant Value Share During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

A huge 3.5x swell in revenue to be witnessed by the global market for conference room solutions during the forecast period

The period from 2012 to 2016 was comparatively slow for conference room solutions market growth. As correctly analysed by Future Market Insights, the conference room solutions market reflected a positive yet slow growth graph during this period, but the global market is expected to reflect high growth in the coming years. The research report on global conference room solutions market reflects all scenarios of growth of the market across regions in the globe. This delivers the actual picture of the market thus supporting several strategy decisions. The global conference room solutions market is anticipated to grow at a meteoric rate and register a high CAGR of 13.6% throughout the period of assessment, 2017-2027. In 2016, the global market stood at US$ 415.5 Mn and rising a little more in 2017, it is expected to reach a value of more than US$ 1,600 Mn by the end of the year of assessment (2027).

Cloud service providers to present growth opportunities for vendors dealing with conference room solutions

In this ever changing technological world, cloud service providers are playing significant role. With the continuous advancements in cloud security, large number of enterprises are opting for cloud services, be it software-as-a-service (SaaS) or cloud storage. For conference room solution providers, cloud service providers create huge opportunity in terms of providing cost effective solutions to customers. Cloud service providers can also assist conference room solution providers to expand their business in different geographies without expanding their physical distribution channel.

Additionally, telecom service providers across the world are going through digital transformation to increase their network’s internet speed with a view to increase customer satisfaction. To achieve break even, telecom service providers are looking forward to become end-to-end IT solution providers. TSPs also look forward to make collaborations with conference room solution providers and offer unified communication and collaboration as a service to enterprises.

IT and telecom sector to have a big hand in fuelling the growth of the global conference room solutions market

Conference room solutions are used in various industry verticals. IT and telecom vertical has shown higher inclination towards conference room solutions since 2012. The IT and telecom segment in the vertical category is expected to grow at an exponential rate and rise at a CAGR of 14.9% throughout the period of forecast to reach a comparatively high estimation of around US$ 288 Mn by the end of the assessment year. This segment is the largest in terms of market value and share and is likely to dominate the global market during the forecast period.

conference room solutions market

Media and entertainment segment to grow at a high speed in the years to come

Media an entertainment segment is the third largest segment from a market share perspective and is poised to register a CAGR of 15% during the forecast period. The segment is estimated at about US$ 51 Mn in 2017 and is expected to reach a market valuation of more than US$ 205 Mn by the end of the year of assessment (2027). However, this segment is the fastest growing and is expected to outpace other vertical segments in the coming years.

Far-reaching primary and secondary research to glean relevant market acumen

Future Market Insights uses a unique research methodology which is a strong combination of secondary and in-depth primary research. Extensive primary interviews with key market players, stakeholders, market observers and experts are carried out to collect necessary data and information pertaining to various segments and across key regions. The data crunching and statistical analysis so performed undergoes multiple layers of validation to garner appropriate market insights which could benefit business by impacting critical decisions. The exhaustive research methodology has been applied to thoroughly understand and study the market for conference room solutions and the findings and insights have been skilfully crafted following a systematic structure in the new report titled “Conference Room Solutions Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”.

The market research report on conference room solutions market is an extensive market research study that focuses on the global scenario and provides actionable insights on various aspects which influence the market, with the help of strong data and statistical analysis and delivers an unbiased view of the entire conference room solutions market by including key segments across the geographies of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The gathered data helps in catching the exact rhythm flowing in the market by presenting the data in a logical format. Deep diving in various segments to glean necessary data ensures an all-inclusive information of the market. This will enable the reader to make informed decisions with the help of well-furnished insights by the research analysts and domain experts.

The research report on global conference room solutions market covers all the macroeconomic factors, value chain analysis, regulatory scenario and SWOT analysis which impact the growth of the global market, thereby gaining influence over the entire sector. The value chain analysis includes manufacturers, distributors, distribution channel and consumer.

The research study on conference room solutions market includes competitive landscape that focuses on the market share, revenue, growth strategies, mergers and acquisitions, distribution channel analysis, product portfolio, geographical spread, marketing strategies etc., of various key players in the market. The competition analysis gives a guideline to the upcoming businesses to plan moves to gain hold in the market and also for major players to gain competitive advantage in the coming years.

Market Segmentation

By Component

By Deployment

By Organization Size

By Vertical

By Region

  • Software

  • Services

  • On-Premise

  • SaaS

  • Large Enterprise

  • Small and Medium Enterprise

  • BFSI

  • Transportation and Logistics

  • Manufacturing

  • Retail and Consumer Goods

  • IT and Telecom

  • Media and Entertainment

  • Government

  • Energy and Utility

  • Education

  • Healthcare

  • Others

  • North America

  • Western Europe

  • Eastern Europe

  • Latin America

  • Asia Pacific excluding Japan (APEJ)

  • Japan

  • Middle East and Africa (MEA)

 Such an in-depth, comprehensive research study delivers the much needed value addition, with unbiased statistical analysis and key recommendations which can be used to plan future expansions and improve current position in the market in a particular region. Just a click away, the reader can gain intelligence on key companies and entire market segmentation across key regions. All the data and insights are skilfully crafted and presented in a systematic order for reader’s convenience. Additionally, Future Market Insights offers complementary analyst support to assist the reader in case of queries or any additional customization.