Global Cloud-based Video Conferencing Market 2015-2019 - Adoption of BYOD with Avaya, Cisco Systems, Huawei Investment & Holdings & Polycom Dominating

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Apr 01, 2015, 06:59 ET

DUBLIN, April 1, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/crkdz4/global) has announced the addition of the "Global Cloud-based Video Conferencing Market 2015-2019" report to their offering.

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The Global Cloud-based Video Conferencing market to grow at a CAGR of 39.06% over the period 2014-2019

This report covers the present scenario and the growth prospects of the Global Cloud-based Video Conferencing market for the period 2015-2019. To calculate the market size, the report considers revenue generated from cloud-based video conferencing solutions, software, tools, applications, services, support, and maintenance.

The report, Global Cloud-based Video Conferencing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global Cloud-based Video Conferencing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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.

Key Vendors