Europe Video Conferencing Market Size & Outlook, 2023-2030
Europe video conferencing market, 2018-2030 (US$M)
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Europe video conferencing market highlights
- The Europe video conferencing market generated a revenue of USD 2,562.5 million in 2023.
- The market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, on-premise was the largest revenue generating deployment in 2023.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,562.5 million |
| Market revenue in 2030 | USD 4,982.4 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | On-premise |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-Premise, Cloud |
| Key market players worldwide | Avaya, Cisco Systems Inc, Huawei Technologies, Logitech International SA, Microsoft Corp, Polycom, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.6% of the global video conferencing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,084.3 million by 2030.
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Video Conferencing Market Scope
Video Conferencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe video conferencing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to video conferencing market will help companies and investors design strategic landscapes.
On-premise was the largest segment with a revenue share of 66.34% in 2023. Horizon Databook has segmented the Europe video conferencing market based on on-premise, cloud covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of video conferencing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe video conferencing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe video conferencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe video conferencing market size, by country, 2018-2030 (US$M)
Europe Video Conferencing Market Outlook Share, 2023 & 2030 (US$M)
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