DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9cmwjf/web_conferencing) has announced the addition of the "Web Conferencing Services Market in the Americas 2015-2019" report to their offering.
The Conferencing Services market in the Americas to grow at a CAGR of 5.91% over the period 2014-2019.
The report covers the present scenario and the growth prospects of the Web Conferencing Services market in the Americas for the period 2015-2019. To calculate the market size, the report takes into account the revenue generated by the web conferencing service providers to the Commercial sector. The report considers vendors who provide web conferencing services such as sharing presentation, text chat, whiteboard sharing, security features, desktop sharing/screen sharing, application sharing, live or streaming video, VoIP, and meeting recording.
Collaborative workspaces are a major trend emerging in this market. Vendors add features such as enhanced mobile capabilities, workplace collaboration tools, and HD video into the traditional mode of online meetings to enrich the experience of customers.
According to the report, one of the major factors driving this market is the training needs of geographically diversified teams. Enterprises use web conferencing solutions to remain updated as well as educate customers and employees, and conduct meetings and interviews. Web conferencing enables employees to engage in real-time collaboration, which improves their productivity and also improves their understanding about the products and services.
Further, the report states that commoditization of web conferencing products is one of the major challenges in the market. The market is witnessing commoditization of web conferencing products because of the presence of many vendors. Vendors are bundling various web conferencing products with value-added features to market the products at affordable prices and to increase their market shares.
Key Vendors
- Adobe Systems
- Cisco Systems
- Citrix Systems
- IBM
- Microsoft
For more information visit http://www.researchandmarkets.com/research/9cmwjf/web_conferencing
