In 2022, the global video conferencing market was worth **** billion U.S. dollars. The market is forecast to almost double by 2027, increasing up to **** billion U.S. dollars.

Two-thirds of advisory services report using at least one videoconferencing tool in 2022. Videoconferencing software saw a market penetration of about ** percent in 2024. Zoom is the leading videoconferencing software with a market share of about ** percent.

During the 2020 week of March 15th to March 20th, video conferencing apps were downloaded more in different countries due to COVID-19 related social distancing. In Spain, downloads of the app Houseparty were 2,360 times the weekly average in Q4 of 2019.

In 2021, the video conferencing market in Asia-Pacific was worth *** billion U.S. dollars. The market is forecast to double by 2026, increasing up to *** billion U.S. dollars.

Cisco was the leading vendor for video conferencing equipment worldwide in the second quarter of 2020. The company held a market share of almost ** percent at that time generating almost *** million U.S. dollars in revenue. Logitech was the second largest vendor in the video conferencing equipment market with a share of ** percent. The market is made up of two main segments: traditional video conferencing systems and USB video conferencing systems.

In 2021, the video conferencing market in North America was worth *** billion U.S. dollars. The market is forecast to increase up to *** billion U.S. dollars by 2026.

Over the highlighted period, the sales share of USB video conferencing systems have grown from ** percent of the total video conferencing system as of the first quarter of 2017 to close to ** percent as of the first quarter of 2020.

Video conference have become more common in China. In 2022, the market value of video conferencing in the country amounted to approximately **** billion yuan, increasing by **** percent from the year prior. The figure was forecasted to keep rising, reaching ** billion yuan in 2025.

The COVID-19 pandemic that spread across the world at the beginning of 2020 was not only a big threat to public health, but also to the entire sports industry. Many professional and amateur leagues and events were canceled and the public was advised to not spend time in large groups or in public areas, including gyms. During an ********** survey in the United States, ** percent of respondents aged 18 to 29 stated that they used video conferencing in order to take part in fitness classes during the crisis.

During the third quarter of 2024, around 41.5 percent of female internet users aged between 16 and 24 years were using their mobile devices or smartphones to make video calls. Only 35.5 percent of men in the same age group were doing the same. Mobile video communication apps have become increasingly popular in recent years, with WhatsApp counting approximately two billion monthly active users as of April 2024.

In the second quarter of 2021, leading mobile conferencing platforms Zoom, Microsoft Teams, and Google Meet were reported to have close to *** million downloads of their apps from users worldwide. This represents a ******** of more than ** percent compared to the corresponding quarter in the previous year, when Zoom, Microsoft Teams, and Google Meet collectively amassed *** million installs.

More companies are using video conferencing software to enhance efficiency in China. According to a Chinese survey conducted in June 2023, about **** percent of digital meeting business end users were from the internet or e-commerce sector. Two-thirds of the video meeting users were corporates.

Cisco Webex and Microsoft Teams saw the most significant decline in mobile traffic among the presented video conferencing solutions in Russia over the course of 2022, at ** percent and ** percent, respectively. At the same time, the domestic platform Webinar saw an over ** percent increase in mobile traffic compared to the previous year.

Zoom Video Communications and Microsoft Skype were the most popular cloud video conferencing solutions used by Russian companies as of 2021, according to a poll among IT experts. Each of these systems were reported being used by ** percent of surveyed companies.

The use of technology for the organization of international meetings worldwide was strengthened by the COVID-19 pandemic. By 2024, *** out of ten associations surveyed said that they expected the online or hybrid formats to continue being part of their major events.

In 2021, 58 percent of respondents from a global survey indicated that technical or software issues were among the biggest challenges of virtual conferences. Further, 28 percent struggle with too many videos and video fatigue. On the other hand, respondents also stated some positive aspects of video meetings, which included not having to travel to the meeting itself and also efficiency and productivity.

According to a survey conducted in China in January 2022, transferring files was the most common function used in video conferencing systems, with **** percent of business users and **** percent of individual users stating that. Compared to business users, individual users used the texting function less.

A Russian company Spirit, which operates a cloud video conferencing system Videomost, completed the most projects in Russia between 2005 and *************, measured at nearly *** thousand. TrueConf, another domestic market player, ranked second with over *** thousand projects.

Moscow-based company Iva Technologies was the leader in the video conferencing solutions market in Russia in 2023, with a revenue of approximately ************ Russian rubles. The second-largest video conference system provider was TrueConf, whose revenue was measured at around *** billion Russian rubles.

As of 2020, almost one-third of Hungarians spent between ***** to **** hours participating in video calls. Another *** percent of respondents spent over ** hours a week attending video conferences.