India Video Conferencing Market (2020-2026) | Size, Share, Trends, Industry, Analysis, value, Growth, Outlook & COVID-19 IMPACT

Latest (2023) Development of the India Video Conferencing Market

India Video Conferencing Market has witnessed several latest developments over the years. For instance, the COVID-19 pandemic significantly accelerated the adoption of video conferencing solutions in India. With remote work becoming the norm, businesses of all sizes turned to video conferencing platforms to facilitate communication among employees, clients, and partners. Additionally, platforms of video conferencing in India were continuously integrating advanced features, such as virtual backgrounds, real-time language translation, and AI-powered enhancements to improve the user experience. Moreover, cloud-based video conferencing solutions gained popularity due to their flexibility and ease of deployment.

Also, they are cost-effective alternatives to traditional hardware-based systems. Video conferencing solutions started integrating with project management software, document-sharing platforms, and team messaging apps, to create a streamlined virtual work environment. Apart from this, video conferencing apps for mobile devices and web-based platforms saw increased usage that allow users to participate in virtual meetings from anywhere around the world by using their smartphones or browsers. With the rising popularity of video conferencing, concerns about security and privacy also grew. Vendors focused on enhancing their platforms' security features to protect against potential breaches.

India Video Conferencing Market Synopsis

India video conferencing market report thoroughly covers the market by types, sectors, and regions. The India video conferencing market outlook report provides an unbiased and detailed analysis of the ongoing India video conferencing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

India Video Conferencing market has witnessed significant growth owing to the integration of video communication services and solutions with sophisticated, unique, and innovative technologies such as artificial intelligence, the Internet of Things, and cloud-based solutions and technology. The growing number of internet users in India's cities and villages is projected to hasten the country's adoption of video conferencing technologies. The industry is also primarily driven by the growing presence of knowledge and business outsourcing firms, which currently hold the largest share of the India video conferencing market. The country's reduced internet connection prices, as compared to worldwide prices, are also projected to boost growth.

According to 6Wresearch, the India Video Conferencing Market size is projected to grow at a CAGR of 20.4% during 2020-2026. The increasing entrance of key market players in the market along with the rising integration of developed technologies such as artificial intelligence and cloud technology is driving the growth of the market. Moreover, growing awareness regarding advanced technology along with initiatives such as digital India is driving the development of the market. 

Market Analysis By Type

Based on type, it is divided into hardware, software, and services. During the anticipated period, the service sector is expected to grow at a higher rate on account of the increase in the usage of artificial intelligence and cloud-based video communication services. The hardware type is further divided into telepresence, service-based, and desktop systems. During the projected period, the telepresence system segment is expected to capture the most market share and see the fastest growth. This system employs advanced technology to enable the conference to be streamed in high-definition video and audio. As it is a versatile, dependable, and cost-effective video conference type, the reason it has been adopted across multiple verticals, therefore the desktop system market is expected to rise significantly. Following the telepresence system, the service-based conferencing system segment is predicted to grow at the fastest rate over the forecast period. The increased demand for VCaaS as a service for staff training, deployment of new solutions, project consulting, and other uses is responsible for the expansion. As a result of these reasons, this market is predicted to rise significantly. The market is segmented into two segments based on software: cloud and on-premises. The on-premises segment is expected to provide the most revenue. The growth is attributable to major organizations’ increasing usage of on-premises video collaboration solutions in response to data security concerns and information security system maintenance. During the projected period, the cloud segment is expected to grow at the fastest rate. This is due to the growing usage and popularity of cloud-based video collaboration solutions, which are projected to drive the market's growth in the near future. Furthermore, India video conferencing market is projected to witness substantial growth in the upcoming years backed by the rising digitalization era steadily.

COVID-19 Impact on India Video Conferencing Market

The software industry has reaped significant benefits as a result of COVID-19's breakout, due to the imposition of a nationwide lockdown in the country to contain the spread of coronavirus, the majority of businesses have adopted work-from-home strategies, which has boosted the market value of video conferencing solutions, as businesses rely on video conferencing solutions to maintain timely meetings and conferences with employees from the comfort of their own homes. Furthermore, favourable government initiatives encouraging the implementation of online education platforms are expected to boost development prospects in the coming years as the Ministry of Human Resource Development (HRD) has provided a number of free digital e-Learning portals that students can use to continue their education when schools are closed due to COVID-19. The government is also providing credit to some of the top software giants such as HCL, Zoho, Peopelink, and other top 10 software firms, as well as the opportunity to propagate new and innovative video conferencing prototypes and simultaneously launch the selected prototypes in the Indian market in the coming years, which will benefit the India video conferencing market in the forecast period.

Key Highlights of the Report:

• India Video Conferencing Market Overview
• India Video Conferencing Market Outlook
• India Video Conferencing Market Forecast
• Historical Data of India Video Conferencing Market Revenues for the Period 2016-2019
• India Video Conferencing Market Size and India Video Conferencing Market Forecast of Revenues until 2026
• Historical Data of India Video Conferencing Market Revenues, By Types, for the period 2016-2019
• Market Size and Forecast of India Video Conferencing Market Revenues, By Types, until 2026
• Historical Data of India Video Conferencing Market Revenues, By Sectors, for the period 2016-2019
• Market Size and Forecast of India Video Conferencing Market Revenues, By Sectors, until 2026
• Historical Data of India Video Conferencing Market Revenues, By Regions, for the period 2016-2019
• Market Size and Forecast of India Video Conferencing Market Revenues, By Regions, until 2026
• Market Drivers and Restraints
• Industry Life Cycle
• India Video Conferencing Market Trends & Evolution
• India Video Conferencing Market Opportunity Assessment
• India Video Conferencing Market Share, By Players
• India Video Conferencing Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The India Video Conferencing market report provides a detailed analysis of the following market segments:

By Types

• Hardware

• • • Telepresence
    • Integrated
    • Desktop

• Software

• • • On-premise
    • Cloud-based

• Services

• • • Managed
    • Professional

By Sectors

• Corporate
• Education
• Government
• Healthcare
• Others

By Regions

• Eastern
• Western
• Northern
• Southern