Online Meeting Software Market Research Report - Global Forecast till 2027

Global Online Meeting Software Market Research Report: by Component (Software, Services), by Deployment (Cloud-based, On-Premise), by Organization Size (Large Enterprise, SMEs), by End-User (BFSI, IT & Telecom, Government, Healthcare, Manufacturing and others) and by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/ICT/6825-HCR | February 2021 | Region: Global | 111 pages

Online Meeting Software Market Synopsis:


The Online Meeting Software Market is estimated to reach USD 6.23 billion by 2024, registering a CAGR of 11.1% during the forecast period of 2019–2024.


Online meeting software provides services which are adopted by various organizations, enterprises, and government agencies to conduct meetings and share relative information or in real-time, with their clients, colleagues, and customers, which also results in cost saving for traveling. Online meeting software is used for conducting virtual meetings such as webinars and web conferencing. There are various advantages of online meeting software such as it allows the participants to record the meeting and use it to extract information, additionally, it connects people over the Internet for sharing information and other purposes. Additionally, online meeting software also offers security from data breaches and cyber-attacks. The adoption of the online meeting software has allowed the companies to hold successful virtual meetings and improve collaboration with the clients. Similarly, these software allow connection with the geographically dispersed teams in an organization and increase work productivity by reducing the travel cost.


Online Meeting Software Market Segmentation:
The global online meeting software market has been segmented based on component, deployment, organization size, end user, and region.


  • By component, the market has been segmented into software and services.

  • By deployment, the market has been segmented into cloud-based and on-premise

  • By organization size, the market has been segmented into large enterprises and SMEs.

  • By end-user, the market has been segmented into BFSI, IT & telecom, government, healthcare, manufacturing, and others

  • By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.


Global Online Meeting Software Market, 2017–2024 (USD Billion):Online Meeting Software Market


Source: MRFR Website


Online Meeting Software Market Regional Analysis:
The global online meeting software market is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of online meeting software has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Singapore, and the rest of Asia-Pacific), and the rest of the world (the Middle East and Africa and South America).


North America held the largest market share in 2018 due to the presence of various key vendors such as Cisco System, Inc., Amazon Web Services, Inc., IBM Corporation, Microsoft Corporation and others which provide various software and services to enterprises and industries for conducting online meeting. Additionally, North America has been the earliest adopter of advanced technologies and well-developed infrastructure in the region, which is one of the factors driving the market. Moreover, the companies in the region are adding new features in the software to secure the meeting data. Based on country, the North American region has been segmented into the US, Canada, and Mexico. The US accounts the largest market share in the region due to presence of various market players in the region such as 8x8, Inc., Ooma, Inc., FluentStream Technologies, LLC, and others which are investing in the development of various new features in their software and services       


Online Meeting Software Market Key Players:
MRFR recognizes the key players in the global online meeting software market as Nextiva (US), RingCentral, Inc. (US), Jive Communications (US), Vonage (US), Dialpad, Inc. (US), 8x8, Inc. (US), Ooma, Inc. (US), FluentStream Technologies, LLC (US), Zoho Corporation Pvt. Ltd. (India), Zoom Video Communications, Inc. (US), LogMeIn, Inc (US), Cisco Systems (US), Amazon Web Services, Inc. (US), IBM Corporation (US), Microsoft Corporation (US)  among others.


The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.


Intended Audience:



  • BFSI

  • Application Developers

  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

  • Cloud Service Providers

  • Instant Messaging Vendors

  • Security Solution Providers



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 6.23 Billion (2024)
  CAGR   11.1% (2019-2024)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Component, by Organization Size
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Nextiva (US), RingCentral, Inc. (US), Jive Communications (US), Vonage (US), Dialpad, Inc. (US), 8x8, Inc. (US), Ooma, Inc. (US), FluentStream Technologies, LLC (US), Zoho Corporation Pvt. Ltd. (India), Zoom Video Communications, Inc. (US), LogMeIn, Inc (US), Cisco Systems (US), Amazon Web Services, Inc. (US), IBM Corporation (US), Microsoft Corporation (US)
  Key Market Opportunities   The adoption of the online meeting software has allowed the companies to hold successful virtual meetings and improve collaboration with the clients.
  Key Market Drivers   North America has been the earliest adopter of advanced technologies and well-developed infrastructure in the region, which is one of the factors driving the market.


Frequently Asked Questions (FAQ) :


The valuation of the market in the future will be USD 6.23 billion by 2024.

The CAGR of the market is calculated to be 11.1%.

The component, deployment, organization size, end user are the segments involved in the market segmentation analysis.

2017–2024 has been the growth period of the market.

North America, Europe, Asia-Pacific are the regions to score well in the market share.

Nextiva (US), RingCentral, Inc. (US), Jive Communications (US), Vonage (US), Dialpad, Inc. (US), 8x8, Inc. (US), Ooma, Inc. (US) have been the active members investing in the market growth.

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat of New Entrants

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of Substitutes

4.1.4. Intensity of Rivalry

4.1.5. Bargaining Power of Suppliers

4.2. Value Chain/Supply Chain of the Global Online Meeting Software Market

5. Market Overview of the Global Online Meeting Software Market

5.1. Introduction

5.2. Growth Drivers

5.3. Impact Analysis

5.4. Market Challenges

6. Market Trends

6.1. Introduction

6.2. Growth Trends

6.3. Impact analysis

7. Global Online Meeting Software Market, by Component

7.1. Introduction

7.2. Software

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3. Services

7.3.1. Market Estimates & Forecast, 2020–2027

7.3.2. Market Estimates & Forecast, by Region, 2020–2027

8. Global Online Meeting Software Market, by Deployment

8.1. Introduction

8.2. Cloud-based

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, by Region, 2020–2027

8.3. On-Premise

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, by Region, 2020–2027

9. Global Online Meeting Software Market, by Organization Size

9.1. Introduction

9.2. Large Enterprise

9.2.1. Market Estimates & Forecast, 2020–2027

9.2.2. Market Estimates & Forecast, by Region, 2020–2027

9.3. SMEs

9.3.1. Market Estimates & Forecast, 2020–2027

9.3.2. Market Estimates & Forecast, by Region, 2020–2027

10. Global Online Meeting Software Market, by End-User

10.1. Introduction

10.2. BFSI

10.2.1. Market Estimates & Forecast, 2020–2027

10.2.2. Market Estimates & Forecast, by Region, 2020–2027

10.3. Government

10.3.1. Market Estimates & Forecast, 2020–2027

10.3.2. Market Estimates & Forecast, by Region, 2020–2027

10.4. IT and Telecom

10.4.1. Market Estimates & Forecast, 2020–2027

10.4.2. Market Estimates & Forecast, by Region, 2020–2027

10.5. Healthcare

10.5.1. Market Estimates & Forecast, 2020–2027

10.5.2. Market Estimates & Forecast, by Region, 2020–2027

10.6. Manufacturing

10.6.1. Market Estimates & Forecast, 2020–2027

10.6.2. Market Estimates & Forecast, by Region, 2020–2027

10.7. Others

10.7.1. Market Estimates & Forecast, 2020–2027

10.7.2. Market Estimates & Forecast, by Region, 2020–2027

11. Global Online Meeting Software Market, by Region

11.1. Introduction

11.2. North America

11.2.1. Market Estimates & Forecast, by Country, 2020–2027

11.2.2. Market Estimates & Forecast, by Component, 2020–2027

11.2.3. Market Estimates & Forecast, by Deployment, 2020–2027

11.2.4. Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.5. Market Estimates & Forecast, by End-User 2020–2027

11.2.6. US

11.2.6.1. Market Estimates & Forecast, by Component, 2020–2027

11.2.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.2.6.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.6.4. Market Estimates & Forecast, by End-User 2020–2027

11.2.7. Canada

11.2.7.1. Market Estimates & Forecast, by Component, 2020–2027

11.2.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.2.7.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.7.4. Market Estimates & Forecast, by End-User 2020–2027

11.2.8. Mexico

11.2.8.1. Market Estimates & Forecast, by Component, 2020–2027

11.2.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.2.8.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.2.8.4. Market Estimates & Forecast, by End-User 2020–2027

11.3. Europe

11.3.1. Market Estimates & Forecast, by Country, 2020–2027

11.3.2. Market Estimates & Forecast, by Component, 2020–2027

11.3.3. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.4. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.5. Market Estimates & Forecast, by End-User 2020–2027

11.3.6. UK

11.3.6.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.6.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.6.4. Market Estimates & Forecast, by End-User 2020–2027

11.3.7. Germany

11.3.7.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.7.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.7.4. Market Estimates & Forecast, by End-User 2020–2027

11.3.8. France

11.3.8.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.8.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.8.4. Market Estimates & Forecast, by End-User 2020–2027

11.3.9. UK

11.3.9.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.9.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.9.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.9.4. Market Estimates & Forecast, by End-User 2020–2027

11.3.10. Italy

11.3.10.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.10.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.10.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.10.4. Market Estimates & Forecast, by End-User 2020–2027

11.3.11. Rest of Europe

11.3.11.1. Market Estimates & Forecast, by Component, 2020–2027

11.3.11.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.3.11.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.3.11.4. Market Estimates & Forecast, by End-User 2020–2027

11.4. Asia-Pacific

11.4.1. Market Estimates & Forecast, by Country, 2020–2027

11.4.2. Market Estimates & Forecast, by Component, 2020–2027

11.4.3. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.4. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.5. Market Estimates & Forecast, by End-User 2020–2027

11.4.6. China

11.4.6.1. Market Estimates & Forecast, by Component, 2020–2027

11.4.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.6.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.6.4. Market Estimates & Forecast, by End-User 2020–2027

11.4.7. Japan

11.4.7.1. Market Estimates & Forecast, by Component, 2020–2027

11.4.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.7.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.7.4. Market Estimates & Forecast, by End-User 2020–2027

11.4.8. India

11.4.8.1. Market Estimates & Forecast, by Component, 2020–2027

11.4.8.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.8.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.8.4. Market Estimates & Forecast, by End-User 2020–2027

11.4.9. Singapore

11.4.9.1. Market Estimates & Forecast, by Component, 2020–2027

11.4.9.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.9.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.9.4. Market Estimates & Forecast, by End-User 2020–2027

11.4.10. Rest of Asia-Pacific

11.4.10.1. Market Estimates & Forecast, by Component, 2020–2027

11.4.10.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.4.10.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.4.10.4. Market Estimates & Forecast, by End-User 2020–2027

11.5. Rest of the World

11.5.1. Market Estimates & Forecast, by, Country, 2020–2027

11.5.2. Market Estimates & Forecast, by Component, 2020–2027

11.5.3. Market Estimates & Forecast, by Deployment, 2020–2027

11.5.4. Market Estimates & Forecast, by Organization Size, 2020–2027

11.5.5. Market Estimates & Forecast, by End-User 2020–2027

11.5.6. The Middle East & Africa

11.5.6.1. Market Estimates & Forecast, by Component, 2020–2027

11.5.6.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.5.6.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.5.6.4. Market Estimates & Forecast, by End-User 2020–2027

11.5.7. South America

11.5.7.1. Market Estimates & Forecast, by Component, 2020–2027

11.5.7.2. Market Estimates & Forecast, by Deployment, 2020–2027

11.5.7.3. Market Estimates & Forecast, by Organization Size, 2020–2027

11.5.7.4. Market Estimates & Forecast, by End-User 2020–2027

12. Company Profiles

12.1. Nextiva

12.1.1. Company Overview

12.1.2. Product/Business Segment Overview

12.1.3. Financial Updates

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. RingCentral, Inc.

12.2.1. Company Overview

12.2.2. Product/Business Segment Overview

12.2.3. Financial Updates

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. Jive Communications

12.3.1. Company Overview

12.3.2. Product/Business Segment Overview

12.3.3. Financial Updates

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Vonage

12.4.1. Company Overview

12.4.2. Product/Business Segment Overview

12.4.3. Financial Updates

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. Dialpad, Inc.

12.5.1. Company Overview

12.5.2. Product/Business Segment Overview

12.5.3. Financial Updates

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. 8x8, Inc.

12.6.1. Company Overview

12.6.2. Product/Business Segment Overview

12.6.3. Financial Updates

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. Ooma, Inc.

12.7.1. Company Overview

12.7.2. Product/Business Segment Overview

12.7.3. Financial Updates

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. FluentStream Technologies, LLC

12.8.1. Company Overview

12.8.2. Product/Business Segment Overview

12.8.3. Financial Updates

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. Zoho Corporation Pvt. Ltd.

12.9.1. Company Overview

12.9.2. Product/Business Segment Overview

12.9.3. Financial Updates

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Zoom Video Communications, Inc.

12.10.1. Company Overview

12.10.2. Product/Business Segment Overview

12.10.3. Financial Updates

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. LogMeIn, Inc

12.11.1. Company Overview

12.11.2. Product/Business Segment Overview

12.11.3. Financial Updates

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. Cisco Systems

12.12.1. Company Overview

12.12.2. Product/Business Segment Overview

12.12.3. Financial Updates

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. Amazon Web Services, Inc.

12.13.1. Company Overview

12.13.2. Product/Business Segment Overview

12.13.3. Financial Updates

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

12.14. IBM Corporation

12.14.1. Company Overview

12.14.2. Product/Business Segment Overview

12.14.3. Financial Updates

12.14.4. Key Developments

12.14.5. SWOT Analysis

12.14.6. Key Strategies

12.15. Microsoft Corporation

12.15.1. Company Overview

12.15.2. Product/Business Segment Overview

12.15.3. Financial Updates

12.15.4. Key Developments

12.15.5. SWOT Analysis

12.15.6. Key Strategies

13. Conclusion


LIST OF TABLES

Table1 Global Online Meeting Software Market, by Country, 2020-2027

Table2 North America: Online Meeting Software Market, by Country, 2020–2027

Table3 Europe: Online Meeting Software Market, by Country, 2020–2027

Table4 Asia-Pacific: Online Meeting Software Market, by Country, 2020–2027

Table5 SouthAmerica: Online Meeting Software Market, by Country, 2020–2027

Table6 North America: Online Meeting Software Market, by Country

Table7 North America: Online Meeting Software Market, by Component

Table8 North America: Online Meeting Software Market, by Organization Size

Table9 North America: Online Meeting Software Market, by Deployment

Table10 North America: Online Meeting Software Market, by End-Users

Table11 Europe: Online Meeting Software Market, by Country

Table12 Europe: Online Meeting Software Market, by Component

Table13 Europe: Online Meeting Software Market, by Organization Size

Table14 Europe: Online Meeting Software Market, by Deployment

Table15 Europe: Online Meeting Software Market, by End-Users

Table16 Asia-Pacific: Online Meeting Software Market, by Country

Table17 Asia-Pacific Online Meeting Software Market, by Component

Table18 Asia-Pacific Online Meeting Software Market, by Organization Size

Table19 Asia-Pacific Online Meeting Software Market, by Deployment

Table20 Asia-Pacific Online Meeting Software Market, by End-Users

Table21 Middle East & Africa: Online Meeting Software Market, by Country

Table22 Middle East & Africa: Online Meeting Software Market, by Component

Table23 Middle East & Africa: Online Meeting Software Market, by Organization Size

Table24 Middle East & Africa: Online Meeting Software Market, by Deployment

Table25 Middle East & Africa: Online Meeting Software Market, by End-Users

Table26 South America: Online Meeting Software Market, by Country

Table27 SouthAmerica: Online Meeting Software Market, by Component

Table28 SouthAmerica: Online Meeting Software Market, by Organization Size

Table29 SouthAmerica: Online Meeting Software Market, by Deployment

Table30 SouthAmerica: Online Meeting Software Market, by End-Users


LIST OF FIGURES

Figure 1 Global Online Meeting Software Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of the Global Online Meeting Software Market

Figure 4 Value Chain of the Global Online Meeting Software Market

Figure 5 Share of the Global Online Meeting Software Market in 2020, by country (in %)

Figure 6 Global Online Meeting Software Market, 2020–2027

Figure 7 Share of the Global Online Meeting Software Market by Industry, 2020–2027

Figure 8 Global Online Meeting Software Market Size, by Component, 2020

Figure 9 Share of the Global Online Meeting Software Market, by Component, 2020–2027

Figure 10 Global Online Meeting Software Market Size, by Organization Size, 2020

Figure 11 Share of the Global Online Meeting Software Market, by Organization Size, 2020–2027

Figure 12 Global Online Meeting Software Market Size, by Deployment, 2020

Figure 13 Share of the Global Online Meeting Software Market, by Deployment, 2020–2027

Figure 14 Global Online Meeting Software Market Size, by End-User, 2020

Figure 15 Share of the Global Online Meeting Software Market, by End-User, 2020–2027