{"id":4787,"date":"2022-01-10T15:30:00","date_gmt":"2022-01-10T15:30:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3625543_AE25543_0"},"modified":"2022-01-10T15:30:00","modified_gmt":"2022-01-10T15:30:00","slug":"greater-china-to-dominate-the-asia-pacific-enterprise-video-conferencing-market-by-2027-finds-frost-sullivan","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=4787","title":{"rendered":"Greater China to Dominate the Asia-Pacific Enterprise Video Conferencing Market by 2027, Finds Frost & Sullivan"},"content":{"rendered":"

SAN ANTONIO<\/span>, Jan. 10, 2022<\/span> \/PRNewswire\/ — The COVID-19 crisis has changed the organizational perspective about remote work and learning and the critical role video conferencing plays in enabling remote collaboration. Though the COVID-19 pandemic continues to hamper economic activities worldwide, the overall investments across the region, especially in China<\/span>, contributed to a strong performance. The global enterprise video conferencing endpoints and infrastructure market<\/b> is projected to reach $1<\/span>.46 billion in 2027, up from $864.4 million<\/span> in 2020, at a compound annual growth rate of 7.8%.<\/p>\n

\"Greater<\/a>
Greater China to Dominate the Asia-Pacific Enterprise Video Conferencing Market by 2027, Finds Frost & Sullivan<\/span> <\/div>\n

For further information on this Asia-Pacific Video Conferencing Endpoints and Infrastructure Market Analysis, Forecast to 2027, please visit: <\/b>https:\/\/frost.ly\/6vy<\/a><\/p>\n

“While the economic contractions led to delays in project rollouts and restricted the growth in most markets, the surge in demand in Greater China<\/span> during the COVID-19 lockdowns partially offset the decline and helped boost Asia-Pacific’s<\/span> overall revenue growth,” noted Youngso Lee, <\/b>Senior <\/b>Research Analyst, ICT at Frost & Sullivan<\/b>. “Due to the strict virus containment measures and significant government support in the form of fiscal policies and financial aid, many large enterprises in China<\/span> adopted video conferencing.”<\/p>\n

Lee added, “In addition to China<\/span>, the addressable market in Asia-Pacific<\/span> is expanding with the availability of superior broadband infrastructure extending high-quality network coverage to rural areas. Overall, the use of video conferencing to redefine business models in education, healthcare, and government is becoming a best practice for late adopters in emerging and developing countries in Asia-Pacific<\/span>.”<\/p>\n

To tap into the opportunities presented in the market, participants should consider:<\/b><\/p>\n