Globalization has brought many changes with it in the recent past. Currently, no business is restricted to one place. It is required collaboration with all the international and domestics players. Collaboration is new mantra adopted largely by all the enterprises. Which is found increasingly useful. Key challenge that companies were facing a combination of right collaboration tools that can help marketers to exchange the idea and communicate to each other as effective as a face to face meeting. This has made the web conferencing a key differentiating medium due to requirement of communicating with clientele in the real time.
Web conferencing market has seen an extensive growth due to its various features mentioned above, and it has become a generic platforms for the key application such as meetings, presentations, lectures, training events. Eventually web conferencing has become a key factor in business process and productive software suites. This will drive the web conferencing market in the near future.
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Major participants in the global web conferencing market are Adobe Connect,PowWow365, Calliflower, Elluminate, Cisco WebEx, Epiphan Systems, GoToWebinar, Genesys Meeting Center, ACT Conferencing, IBM Sametime, VeriShow, eXo Platform with Weemo, BigBlueButton, Intercall, Oracle Beehive, Mikogo, Netviewer, Skype, RHUB Communications Inc., OmNovia Technologies, Starlight Networks Starlive, Teamviewer, TimeBridge VenueGen, and, Voxeet. The demand for web conferencing is growing rapidly and has represented 25 to 30% increase in uses from service providers.
Owing to the stiff completion in the global web conferencing market, these companies offer remarkable services such as Citrix GO To Meeting, WEbEX MEetMe Now, IBM, Acrobat Connect Professional, and Microsoft Office Live Meeting.
Some of the end-use industries in the global web conferencing market include Banking...