The future of the global telepresence equipment market looks promising with opportunities in the healthcare, education, pharmaceuticals, government, commercial, scientific, construction and engineering, and entertainment markets. The global telepresence equipment market is expected to reach an estimated $4.3 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are easy accessibility of high-speed internet connectivity, rising demand for cost-effective solutions, increasing penetration of various electronic devices, and large-scale integration of artificial intelligence (AI) and machine learning (ML) technologies.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the telepresence equipment
market by type (multi-codec telepresence, personal telepresence, immersive
telepresence, and room-based telepresence), form factor (end-points and infrastructure),
enterprise size (large enterprises, medium enterprises, and small enterprises),
end use industry (healthcare, education, pharmaceuticals, government,
commercial, scientific, construction and engineering, entertainment, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
multi-codec telepresence, personal telepresence, immersive telepresence, and
room-based telepresence are the major segments of telepresence equipment market
by type. Lucintel forecasts that room-based telepresence will remain the
largest segment over the forecast period because the room systems possess the
capability to convert any area into a telepresence equipment room, enhancing
video conferencing with immersive experiences, as well as, organizations using
them to enhance collaboration, host board meetings, and facilitate real-time
communication.
Within this market,
healthcare will remain the largest segment over the forecast period due to
increasing usage of telepresence equipment to enhance patient services,
including remote therapy, doctor appointments, patient monitoring, and clinical
meetings, among other applications, as well as, widespread usage of mobile
devices, rising demand for collaborative healthcare, and stringent healthcare
regulations.
North America will
remain the largest region over the forecast period due to increasing demand for
immediate cross-location interaction, supported by the region's
well-established technological infrastructure and widespread adoption of
cutting-edge technologies.
Avaya, Cisco Systems, Haivision,
HP, Huawei Technologies, Microsoft Corporation, Plantronics, Sony Corporation,
Vidyo, and ZTE Corporation are the major suppliers in the telepresence
equipment market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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