Frost & Sullivan conducted market trend insights and vendor competitiveness analysis on China's video conferencing industry in 2020, and hereby releases the "2020 Global Video Conferencing Market Research Report", which aims to analyze the status quo, industry characters, market size, main drivers and the competitiveness evaluation in video conferencing market in the global range. In 2020, global video conferencing market reaches USD 13.92billion. Among them, the terminal and infrastructure market reaches USD 2.49billion. While cloud conferencing and team collaboration endpoints market reaches USD11.43 billion. In addition, Frost & Sullivan predicts that, thanks to the development of globalization, technological progress and the normalization of COVID-19, the global video conferencing market will reach USD 24.64billion in 2025.
