As globalization continues to rise, newer connectivity tools are increasingly being used to keep teams connected with one another. Video conferencing is expanding with its demand for companies all over the world. Video conferencing is such a powerful collaborative way that can be used by teams to keep connected with one another in almost all the industries.
According to surveys, video conferencing has been recognized among the top collaborative method. An information Week analysis predicted that 75% of enterprises would switch to video conferencing. The industries that are not using video conferencing technology or using video conferencing to a restricted extent are genuinely missing out on opportunities to connect with customers, vendors, and partners on their chosen channels of communication and losing them on their competitors.
In this article, we will discuss what are all the businesses that make use of video conferencing for communication.
Let’s start:
What is a video conferencing?
Video conferencing is a system that allows two or more people in different places around the globe to have a meeting with the help of electronic sound and video communication through the internet. In other words, you can easily hosts or join a virtual conference with people just like talking to each other face to face.
Why use video conferencing?
As per the recent survey from Redshift Research, over 1200 business decision-makers are there in 1200 countries, today 76% of the businesses make use of video conferencing solutions to work, and 56% join at least one video conferencing call a week, this indicates that video conferencing has now become an essential communication tool for business. About 96% of business decision-makers believe that video conferencing eliminates geographical restrictions and increase productivity between teammates in different places. You can use Videoconferencing to do other collaborative work such as online interviews, telecommuting, e-learning and distance education if you are engaged in the education industry.
Who uses video conferencing?
Business meetings: Video conferencing is adopted in the companies of any sizes to conduct internal or external business meetings, staff training, and HR job interview, etc. Here are the benefits of video conferencing in business:
- Helps to increases productivity
- Helps to reduce travel expenses
- Makes communication effective
- Helps to build a good client relationship
- Makes to provide telecommuting
- Offers an improved recruitment process
- Keeps you competitive
- Keeps you work-life balance
- Improves staff training experience
- Create an improved teamwork
Educational Sector: Educational institutions such as schools, universities, training institutions and also colleges can employ video conferencing to handle online education, continuing education, and so on: Some of the benefits are:
- Connects various schools for collaboration
- Lets student learn with no out
- Allows to record lessons for review
- Enables to chat with expert face to face
- Makes easy learning out of class
- Connects teacher to parent closely
- Reduces cost for education
Telecommuting: According to various studies, 80% if the staff are willing to choose a more flexible working scheme like telecommuting. Using video conferencing makes employees work from home, which allows their employees to keep connected with their colleagues and customers in real-time. Some of the benefits of using video conferencing in Telecommuting are:
- Save more money
- There will be increased independence
- Suitability to vulnerable persons
- Greater flexibility
Telemedicine: Video conferencing is most useful for hospitals and pharmaceutical companies in the medical field to have medicine, specialist treatment, etc. here are the benefits of using video conferencing in the healthcare sector are:
- Saves your time and cost for travel
- Lets you help more patients
- Allows to interact with medical specialists anytime anywhere
- Enables to view and emulate surgeries
- Improves competitive advantages
From the above, it was clear that the businesses that are mentioned will be more beneficial from using video conferencing services to have better and the best business results.
MirrorFly offers enterprise-grade video conferencing SDK & API to simplify the business-clients, teachers-students, doctors-patients collaboration across devices (web & mobile) & Platforms (Android, iOS).Video conferencing, Call conferencing or video conferencing solution – whatever you want to term it.
Conferencing is all about seeing it and believing it, but due to technological updates (WebRTC), most of the video conferencing API & SDK providers fail to withstand the value.
It is found that IT services have earned revenue up to 4,300 million U.S dollars with audio conferencing technology.
While COVID-19 has brought the world to its knees, several leading businesses are taking precautionary steps to contain its spread.
Acclimatizing to the new world order, companies are collaborating with top technology providers who ensure that this sudden transition from offline to online is smooth, secure, and sustainable.
CloudConnect Communications, a mobile-first virtual network operator, is one such enabler that is helping companies make the most of the lockdown with its Unified Teleworking solution.
It aims to make business communication faster, smoother, and better while employees work from home during the pandemic.
The company’s solutions include Hosted Phone System, Hosted IVR with Voicemail, Cloud Video Conferencing, and Contact Center Solution.
Hosted Phone System – This solution integrates seamlessly with an enterprise’s existing premise-based private branch exchanges (PBXs), which is basically a telephone switching system of an enterprise and offers a complete range of digital telephone numbers without the need to issue additional SIM cards.
Imperial Techsol provides a video conferencing solutions in Delhi, India.
It is a form of digital collaboration by involving the engagement of more than three participants intended to accomplish goals in an effective manner without any disturbance.
It allows the meeting to be held greatly without a personal visit to someone which greatly reduce travel cost and saves a lot of time.
Global Video Conferencing Endpoint Market Research Report provides information on Products, Services, Trends, Top Companies, Verticals, Countries, Material, Application, and Geography globally | Adroit Market Research.The global video conferencing endpoint market size is expected to reach USD 3.39 billion by 2025.
Moreover, video conferencing is witnessing a strong demand in the healthcare, education, sports and media & entertainment sectors.Download a PDF Sample of this Video Conferencing Endpoint Market Report @ https://www.adroitmarketresearch.com/contacts/request-sample/69Standard centric and service attached single codec appliance together dominated the market by contributing 56.2% of the global video conferencing endpoint market revenues in 2017.
Single codec, also known as point-to-point, is majorly used for conferencing as it comes at a lower cost as compared to multi codec systems.
Moreover, even courtrooms are using video conferencing in many countries across the world during trials and judgments.
The investment made by the government to improve infrastructure and develop smart cities is expected to drive the demand for video conferencing endpoint market.The global video conferencing endpoint market is concentrated with the presence of major players across the globe.
For instance, in January 2016, Cisco acquired Acano Limited, a company based in London, UK.
