DUBLIN--(BUSINESS WIRE)--Oct 5, 2020--

The Global Web Real-Time Communication Market size is expected to reach $29.8 billion by 2026, rising at a market growth of 44.4% CAGR during the forecast period.

Web Real-Time Communication (Web RTC) is an open-source application programming interface (API) started by World Wide Web Consortium (W3C). Web RTC empowers end-users with voice calling, video calling, and one to one document sharing between browsers without the help of any outer plugin. World Wide Web Consortium is the universal standard association for the improvement of norms worldwide web. The W3C attempts to build up compatibility among industry service provides for acceptance of worldwide norms created by them.

Web RTC adjusts and adapts itself as indicated by the changing network conditions. It modifies as per transfer bandwidth accessibility and neglects network congestion, in this way expands productivity of the network. The associations empowered with web RTC innovation items could improve client interaction, promotional initiatives, and economically increment their sales. The development in client confronting ventures, for example, retail, healthcare, and hospitality is expected to additionally support the development of the web RTC market.

Economic advantages of WebRTC innovation, webification of constant communication, and ascend in acceptance of WebRTC innovation among enterprises are some of the important factors that drive the development of the worldwide web real-time communication market. Moreover, increment in ICT spending in developing nations, ascend in cell phone use particularly in Asia-Pacific, development in internet connectivity, and creating imperative internet foundation in Asia-Pacific and Africa help the market development. However, the absence of universal norms and ascend in security and privacy concerns are foreseen to restrict the web real-time communication market development. On the other hand, a mix of AI with WebRTC, expansion of BYOD pattern, and increment in the use of WebRTC for IoT give worthwhile development chances to the worldwide WebRTC market during the investigation period.

Companies Profiled

  • Cisco Systems, Inc.
  • AT&T, Inc.
  • Avaya Holdings Corporation
  • Plantronics, Inc.
  • Twilio, Inc.
  • Oracle Corporation
  • Enghouse Systems Limited (Dialogic Corporation)
  • Vonage Holdings Corporation (TokBox, Inc.)
  • CafeX Communications, Inc.
  • Plivo, Inc.

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Executive Summary

2.1.3 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Product Launches and Product Expansions

3.2.3 Mergers & Acquisitions

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Jan - 2020, Jun) Leading Players

Chapter 4. Global Web Real-Time Communication Market by Component

4.1 Global Web Real-Time Communication Solutions Market by Region

4.2 Global Web Real-Time Communication Market by Solutions Type

4.2.1 Global Voice Calling & Conference Web Real-Time Communication Market by Region

4.2.2 Global Message & File Sharing Web Real-Time Communication Market by Region

4.2.3 Global Video Calling & Conference Web Real-Time Communication Market by Region

4.2.4 Global Other Solutions Type Web Real-Time Communication Market by Region

4.3 Global Web Real-Time Communication Services Market by Region

Chapter 5. Global Web Real-Time Communication Market by Enabled Device

5.1 Global Web Real-Time Communication Smartphones & Tablets Market by Region

5.2 Global Web Real-Time Communication PCs Market by Region

5.3 Global Web Real-Time Communication Others Market by Region

Chapter 6. Global Web Real-Time Communication Market by End Use

6.1 Global IT & Telecom Web Real-Time Communication Market by Region

6.2 Global Retail Web Real-Time Communication Market by Region

6.3 Global Healthcare Web Real-Time Communication Market by Region

6.4 Global Media & Entertainment Web Real-Time Communication Market by Region

6.5 Global BFSI Web Real-Time Communication Market by Region

6.6 Global Others Web Real-Time Communication Market by Region

Chapter 7. Global Web Real-Time Communication Market by Region

7.1 North America Web Real-Time Communication Market

7.2 Europe Web Real-Time Communication Market

7.3 Asia Pacific Web Real-Time Communication Market

7.4 LAMEA Web Real-Time Communication Market

Chapter 8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/kpb6wv

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SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 10/05/2020 07:56 AM/DISC: 10/05/2020 07:56 AM

Copyright Business Wire 2020.