Global Meetings Market Report 2020: Post-Pandemic Growth Opportunity Analysis - Video Meetings Become a Business Necessity in the New Normal - ResearchAndMarkets.com
Summary
To ensure continuity, businesses, educational institutions, and health care facilities adopted video conferencing, group chat, and content collaboration tools at an unprecedented scale leading to exponential market growth. In the post-COVID era, we expect to see greater delineation between free and paid and consumer and business video meetings, based on feature sets, manageability and security options. Hybrid work will require technology enablement in two locations driving greater tech spending on communications and collaboration tools. Given the fast-changing market landscape, there are tremendous growth opportunities for vendors that can differentiate on better quality and more scalable, manageable and secure cloud services and devices that ensure an optimal meeting experience regardless of where users work from. This insight reassesses the growth opportunities available to vendors in this space and lays out key strategies for success in the post-COVID meetings market.