Global Telepresence Equipment Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Telepresence equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global telepresence equipment market report, size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global telepresence equipment market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

Telepresence equipment encompasses an extensive array of tools and technologies that enable the emulation of face-to-face interactions across long distances, prioritizing a realistic experience in terms of sight, sound, and, at times, touch. This encompasses immersive telepresence setups, room-based configurations, and personal systems tailored for individuals that can be utilized on personal computers or mobile devices. It leverages advanced video conferencing tools, high-resolution displays, top-notch audio setups, and occasionally integrates virtual reality (VR) or augmented reality (AR) components. Its core purpose is to enrich communication and collaboration by enabling instantaneous interaction, overcoming geographical and time-related constraints.

Global Telepresence Equipment Market Trends and Drivers:

Currently, the surge in demand for telepresence equipment is a significant driver for market expansion, allowing businesses to access a broader talent pool without being constrained by geographical barriers. Moreover, the increasing use of telepresence tools by organizations to facilitate face-to-face communication and nurture robust interpersonal connections is fueling market growth. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) into telepresence equipment for tasks like automated scheduling, participant recognition, and seamless operation is contributing to a positive market outlook. Furthermore, the rising adoption of cloud-based telepresence solutions, known for their scalability, flexibility, and cost-effectiveness, is bolstering market growth.

Global Telepresence Equipment Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Avaya Inc., Cisco Systems Inc., Haivision, HP Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Plantronics Inc., Sony Corporation, Vidyo Inc. (Enghouse Systems Limited) and ZTE Corporation

The report segmented the market on the basis of region, type, form factor, enterprise size and industry vertical.

Breakup by Type:

  • Multi-Codec Telepresence
  • Personal Telepresence
  • Immersive Telepresence
  • Room-based Telepresence

Breakup by Form Factor:

  • End-Points
  • Display
  • Camera
  • Microphone
  • Infrastructure

Breakup by Enterprise Size:

  • Large Enterprise
  • Medium Enterprise
  • Small Enterprise

Breakup by Industry Vertical:

  • Healthcare
  • Education
  • Pharmaceuticals
  • Government
  • Commercial
  • Scientific
  • Construction and Engineering
  • Entertainment
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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