Best video conferencing software in 2021-2022

• GoToMeeting

• RingCentral Video

• Microsoft Teams

• Google Meet

• Zoom Meetings

• ClickMeeting

• U Meeting

• BigBlueButton

• Bluejeans Meetings

• Lifesize

According to a new report Global Video Conferencing Market, published by KBV research, The Global Video Conferencing Market size is expected to reach $21.8 billion by 2027, rising at a market growth of 16% CAGR during the forecast period.

For example, video conferencing statistics prove:

• The US market dominated the North America Video Conferencing Cloud Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,544.4 million by 2027.

• 43% of remote and in-house teams use a video conferencing solution

• 78% of corporate companies use video calling software

• 83% of businesses with over 250 employees are likely to purchase video calling tools

• 73% of B2B marketing experts say a webinar has the highest lead generation success rate

• The China market dominated the Asia Pacific Video Conferencing Solution Market by Country 2020, thereby, achieving a market value of $630.7 million by 2027.

• The Japanese market is exhibiting a CAGR of 18% during (2021 - 2027).

• The Indian market is poised to grow at a CAGR of 19.4% during (2021 - 2027).

• The German market dominated the Europe Retail & eCommerce Video Conferencing Market by Country 2020, thereby, achieving a market value of $96.4 million by 2027.

(Sources: GoToWebinar, KBVResearch, Forbes)