Web conferencing, also known by the name of webinar is a kind of real-time communications. In web conferencing, a large number of computer users along with the help of internet connection can see a similar screen in their web browsers at the same time. This service allows conferencing events to be shared at remote locations.
The rising demand for online workshops interactive conferences across the globe is projected to encourage the growth of the global web conferencing market throughout the forecast period. In addition, the direct customer support offered by web conferencing services is predicted to accelerate the growth of the market in the near future.
The improved user experience, product simplification, and smart workflow integrations offered by web conferencing are some of the key factors that are estimated to encourage the growth of the global market in the next few years.
In addition, the use of web conferencing reduces geographic hurdles for business teams, who are working on specific business projects at remote locations. Furthermore, web conferencing helps significantly in reducing expenses by cutting down on cost for diverse activities. These factors are anticipated to offer promising opportunities for market players and fuel the growth of the global market in the near future.
Some of the leading players operating in the web conferencing market across the globe are TeamViewer, OmNovia Technologies, Epiphan Systems, PowWow365, InterCall, Mikogo, Cisco WebEx, BigBlueButton, Netviewer, Elluminate, Starlight Networks StarLive, RHUB Communications Inc.