Online Corporate Meeting Services Market Report by Service Type (Online Corporate VCS, Online Corporate WCS), Meeting Type (Small Size Meeting, Medium Size Meeting, Large Size Meeting), and Region 2024-2032
The global online corporate meeting services market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.
Online corporate meeting services are a mode of communication used between an enterprise and its employees or various stakeholders through video and web conferencing. This service aids in effective communication through media-rich data and voice sharing applications. The user can conduct live meetings, conferences, presentations and training sessions through these services. These services significantly contribute to a free and transparent interaction between all the participants irrespective of their location.
The rising trend of globalization, along with the high internet penetration rate, is one of the key factors driving the market growth. These trends have led to the emergence of the virtual workspace, which is gaining immense preference across the globe, owing to its flexibility. The online corporate meeting service forms an integral part of virtual workspaces where one can instantly collaborate on projects, share their knowledge base and utilize mobile and cloud computing facilities. This also assists in reducing the transportation costs and travel time associated with in-person meetings as well as providing work-time flexibility. Furthermore, the ongoing trend of information technology (IT) consumerization, including increasing adoption of video and mobile conferencing among small and medium-sized organizations to effectively perform daily operations, is also fostering the demand for these services across the globe. Additionally, improved user experience, product simplification, smart workflow mechanisms of web conferencing and reduced operational costs of the organizations are some of the other factors contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global online corporate meeting services market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on service type and meeting type.
Breakup by Service Type:
Online Corporate VCS (Video Conferencing Services)
On-premises VCS
Hosted VCS
Managed VCS
Online Corporate WCS (Web Conferencing Services)
On-premises WCS
Hosted WCS
Breakup by Meeting Type:
Small Size Meeting
Medium Size Meeting
Large Size Meeting
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Adobe Inc., Avaya Inc, Blue Jeans Network Inc., Citrix Systems, Inc., AT&T Inc., Bridgit Inc., Zoho Corporation, Newrow_ Inc., Vidyo Inc., BT Group, ClickMeeting, Communiquй Conferencing Inc., EyeNetwork, Fuze, Inc., Cisco WebEx, etc.
Key Questions Answered in This Report
1. What was the size of the global online corporate meeting services market in 2023?
2. What is the expected growth rate of the global online corporate meeting services market during 2024-2032?
3. What are the key factors driving the global online corporate meeting services market?
4. What has been the impact of COVID-19 on the global online corporate meeting services market?
5. What is the breakup of the global online corporate meeting services market based on the service type?
6. What is the breakup of the global online corporate meeting services market based on the meeting type?
7. What are the key regions in the global online corporate meeting services market?
8. Who are the key players/companies in the global online corporate meeting services market?
Online corporate meeting services are a mode of communication used between an enterprise and its employees or various stakeholders through video and web conferencing. This service aids in effective communication through media-rich data and voice sharing applications. The user can conduct live meetings, conferences, presentations and training sessions through these services. These services significantly contribute to a free and transparent interaction between all the participants irrespective of their location.
The rising trend of globalization, along with the high internet penetration rate, is one of the key factors driving the market growth. These trends have led to the emergence of the virtual workspace, which is gaining immense preference across the globe, owing to its flexibility. The online corporate meeting service forms an integral part of virtual workspaces where one can instantly collaborate on projects, share their knowledge base and utilize mobile and cloud computing facilities. This also assists in reducing the transportation costs and travel time associated with in-person meetings as well as providing work-time flexibility. Furthermore, the ongoing trend of information technology (IT) consumerization, including increasing adoption of video and mobile conferencing among small and medium-sized organizations to effectively perform daily operations, is also fostering the demand for these services across the globe. Additionally, improved user experience, product simplification, smart workflow mechanisms of web conferencing and reduced operational costs of the organizations are some of the other factors contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global online corporate meeting services market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on service type and meeting type.
Breakup by Service Type:
Online Corporate VCS (Video Conferencing Services)
On-premises VCS
Hosted VCS
Managed VCS
Online Corporate WCS (Web Conferencing Services)
On-premises WCS
Hosted WCS
Breakup by Meeting Type:
Small Size Meeting
Medium Size Meeting
Large Size Meeting
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Adobe Inc., Avaya Inc, Blue Jeans Network Inc., Citrix Systems, Inc., AT&T Inc., Bridgit Inc., Zoho Corporation, Newrow_ Inc., Vidyo Inc., BT Group, ClickMeeting, Communiquй Conferencing Inc., EyeNetwork, Fuze, Inc., Cisco WebEx, etc.
Key Questions Answered in This Report
1. What was the size of the global online corporate meeting services market in 2023?
2. What is the expected growth rate of the global online corporate meeting services market during 2024-2032?
3. What are the key factors driving the global online corporate meeting services market?
4. What has been the impact of COVID-19 on the global online corporate meeting services market?
5. What is the breakup of the global online corporate meeting services market based on the service type?
6. What is the breakup of the global online corporate meeting services market based on the meeting type?
7. What are the key regions in the global online corporate meeting services market?
8. Who are the key players/companies in the global online corporate meeting services market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ONLINE CORPORATE MEETING SERVICES MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Service Type
5.5 Market Breakup by Meeting Type
5.6 Market Breakup by Region
5.7 Market Forecast
6 MARKET BREAKUP BY SERVICE TYPE
6.1 Online Corporate VCS (Video Conferencing Services)
6.1.1 Market Trends
6.1.2 Market Breakup by Type
6.1.2.1 On-premises VCS
6.1.2.2 Hosted VCS
6.1.2.3 Managed VCS
6.1.3 Market Forecast
6.2 Online Corporate WCS (Web Conferencing Services)
6.2.1 Market Trends
6.2.2 Market Breakup by Type
6.2.2.1 On-premises WCS
6.2.2.2 Hosted WCS
6.2.3 Market Forecast
7 MARKET BREAKUP BY MEETING TYPE
7.1 Small Size Meeting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Size Meeting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Large Size Meeting
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT ANALYSIS
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 VALUE CHAIN ANALYSIS
11 PORTERS FIVE FORCES ANALYSIS
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 PRICE ANALYSIS
13 COMPETITIVE LANDSCAPE
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Adobe Inc.
13.3.2 Avaya Inc
13.3.3 Blue Jeans Network Inc.
13.3.4 Citrix Systems, Inc.
13.3.5 AT&T Inc.
13.3.6 Bridgit Inc.
13.3.7 Zoho Corporation
13.3.8 Newrow_ Inc.
13.3.9 Vidyo Inc.
13.3.10 BT Group
13.3.11 ClickMeeting
13.3.12 Communiquй Conferencing Inc.
13.3.13 EyeNetwork
13.3.14 Fuze, Inc.
13.3.15 Cisco WebEx
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL ONLINE CORPORATE MEETING SERVICES MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Service Type
5.5 Market Breakup by Meeting Type
5.6 Market Breakup by Region
5.7 Market Forecast
6 MARKET BREAKUP BY SERVICE TYPE
6.1 Online Corporate VCS (Video Conferencing Services)
6.1.1 Market Trends
6.1.2 Market Breakup by Type
6.1.2.1 On-premises VCS
6.1.2.2 Hosted VCS
6.1.2.3 Managed VCS
6.1.3 Market Forecast
6.2 Online Corporate WCS (Web Conferencing Services)
6.2.1 Market Trends
6.2.2 Market Breakup by Type
6.2.2.1 On-premises WCS
6.2.2.2 Hosted WCS
6.2.3 Market Forecast
7 MARKET BREAKUP BY MEETING TYPE
7.1 Small Size Meeting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Size Meeting
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Large Size Meeting
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT ANALYSIS
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 VALUE CHAIN ANALYSIS
11 PORTERS FIVE FORCES ANALYSIS
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 PRICE ANALYSIS
13 COMPETITIVE LANDSCAPE
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Adobe Inc.
13.3.2 Avaya Inc
13.3.3 Blue Jeans Network Inc.
13.3.4 Citrix Systems, Inc.
13.3.5 AT&T Inc.
13.3.6 Bridgit Inc.
13.3.7 Zoho Corporation
13.3.8 Newrow_ Inc.
13.3.9 Vidyo Inc.
13.3.10 BT Group
13.3.11 ClickMeeting
13.3.12 Communiquй Conferencing Inc.
13.3.13 EyeNetwork
13.3.14 Fuze, Inc.
13.3.15 Cisco WebEx
LIST OF TABLES
Table 1: Global: Online Corporate Meeting Services Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Online Corporate Meeting Services Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
Table 3: Global: Online Corporate Meeting Services Market Forecast: Breakup by Meeting Type (in Million US$), 2024-2032
Table 4: Global: Online Corporate Meeting Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Online Corporate Meeting Services Market Structure
Table 6: Global: Online Corporate Meeting Services Market: Key Players
Table 1: Global: Online Corporate Meeting Services Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Online Corporate Meeting Services Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
Table 3: Global: Online Corporate Meeting Services Market Forecast: Breakup by Meeting Type (in Million US$), 2024-2032
Table 4: Global: Online Corporate Meeting Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Online Corporate Meeting Services Market Structure
Table 6: Global: Online Corporate Meeting Services Market: Key Players
LIST OF FIGURES
Figure 1: Global: Online Corporate Meeting Services Market: Major Drivers and Challenges
Figure 2: Global: Online Corporate Meeting Services Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Online Corporate Meeting Services Market: Breakup by Service Type (in %), 2023
Figure 4: Global: Online Corporate Meeting Services Market: Breakup by Meeting Type (in %), 2023
Figure 5: Global: Online Corporate Meeting Services Market: Breakup by Region (in %), 2023
Figure 6: Global: Online Corporate Meeting Services Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 7: Global: Online Corporate Meeting Services Industry: SWOT Analysis
Figure 8: Global: Online Corporate Meeting Services Industry: Value Chain Analysis
Figure 9: Global: Online Corporate Meeting Services Industry: Porter’s Five Forces Analysis
Figure 10: Global: Online Corporate Meeting Services (Online Corporate VCS) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Online Corporate Meeting Services (Online Corporate VCS) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Online Corporate Meeting Services (Online Corporate WCS) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Online Corporate Meeting Services (Online Corporate WCS) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Online Corporate Meeting Services (Small Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Online Corporate Meeting Services (Small Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Online Corporate Meeting Services (Medium Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Online Corporate Meeting Services (Medium Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Online Corporate Meeting Services (Large Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Online Corporate Meeting Services (Large Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: North America: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: North America: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Europe: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Europe: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Asia Pacific: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Asia Pacific: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Middle East and Africa: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Middle East and Africa: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Latin America: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Latin America: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 1: Global: Online Corporate Meeting Services Market: Major Drivers and Challenges
Figure 2: Global: Online Corporate Meeting Services Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Online Corporate Meeting Services Market: Breakup by Service Type (in %), 2023
Figure 4: Global: Online Corporate Meeting Services Market: Breakup by Meeting Type (in %), 2023
Figure 5: Global: Online Corporate Meeting Services Market: Breakup by Region (in %), 2023
Figure 6: Global: Online Corporate Meeting Services Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 7: Global: Online Corporate Meeting Services Industry: SWOT Analysis
Figure 8: Global: Online Corporate Meeting Services Industry: Value Chain Analysis
Figure 9: Global: Online Corporate Meeting Services Industry: Porter’s Five Forces Analysis
Figure 10: Global: Online Corporate Meeting Services (Online Corporate VCS) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Online Corporate Meeting Services (Online Corporate VCS) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Online Corporate Meeting Services (Online Corporate WCS) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Online Corporate Meeting Services (Online Corporate WCS) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Online Corporate Meeting Services (Small Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Online Corporate Meeting Services (Small Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Online Corporate Meeting Services (Medium Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Online Corporate Meeting Services (Medium Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Online Corporate Meeting Services (Large Size Meeting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Online Corporate Meeting Services (Large Size Meeting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: North America: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: North America: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Europe: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Europe: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Asia Pacific: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Asia Pacific: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Middle East and Africa: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Middle East and Africa: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Latin America: Online Corporate Meeting Services Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Latin America: Online Corporate Meeting Services Market Forecast: Sales Value (in Million US$), 2024-2032
