Global Telepresence Equipment Market by Type (Multi-Codec, Personal, Room based, Immersive), by Form-Factor (Infrastructure, End-Points) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

In 2016, the global market for telepresence equipment was valued at USD 1.87 Billion. This is primarily due to the need for companies to lower travel costs for employees.

The primary driver of market growth is the increasing use of telepresence equipment for various purposes, including healthcare, education, government, and other public services. As a revenue stream, many government agencies are planning to set up telepresence rooms. Many organizations are increasingly adopting telepresence video conference because it provides cost-effective, high-quality interactions.

U.S. Telepresence Equipment Market by End-Use, 2014-2025 (USD Million).

One of the main factors behind the rapid growth of the market for telepresence equipment is the recent technological innovations in robotic telepresence. Telepresence equipment has the major advantage of offering life-size video conference that gives you the feeling of being there. Telepresence equipment includes microphones, display devices, and telepresence cameras. Over the forecast period, the market for various telepresence endpoints will also grow.

Due to the increased use by enterprises, the room-based system will generate the most revenue over the forecast period. The virtual presence of individuals at the meeting will improve the experience and reduce travel costs. The market's growth is hampered by the high cost for installation. The North America region is a major market for this equipment, with a significant share of the projected market.

End-use Insights

Large corporations as well as small and medium businesses prefer to use telepresence videoconferencing equipment because it allows for real-time interaction and avoids disruptions in video conferencing. Many telepresence equipment suppliers include equipment, technology and customer support in their prices, which enhances the user experience.

In 2016, the largest market share was held by large enterprises, followed closely by small and medium-sized companies. This segment holds the largest share of the total market for telepresence equipment.

Telepresence Equipment Market, End User, 2016, (%)

Many large companies are involved in various sectors, including healthcare and education. Telepresence equipment is used primarily in these large enterprises. The largest market share is held by the healthcare sector, followed closely by the government segment. The forecast period will see large enterprises grow at 3.0% CAGR from 2016 to 2025.

Regional Insights

The increased use of Telepresence Equipment in large and medium-sized enterprises is expected to lead to positive growth in North America and Europe. The Telepresence video conference equipment facilitates real-time interaction among participants at different geographical locations. The telepresence equipment offers life-size, ultra-high-definition images, and superior audio quality.

North America's market for telepresence equipment will see a 3.4% CAGR from 2016 to 2025. The US accounts for over 60% of North America's Telepresence Equipment market.

North America is closely followed by Europe. Europe accounted for more than 25% of total revenue share in 2016.

Market Share in Telepresence Equipment

Avaya Inc, Cisco System Inc., Array Telepresence, Avaya Inc, Cisco Technologies Inc., Huawei Technologies Co. Ltd, Polycom, Inc, Vidyo Inc, ZTE Corporation are the top players in this market. In 2016, Cisco Systems Inc. accounted for the largest share of the market, followed by Polycom in telepresence equipment.

The Report Covers Certain Segments

This report forecasts revenue growth at the global, regional and country levels. It also provides analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Up Market Research segmented the global Telepresence Equipment Market based on End-users, Type, Form factor Vertical, and Region.

• End-user Outlook (Revenue USD Million; 2014-2025)

  • Large Enterprise

  • Medium Enterprise

  • Small Enterprise

• Type Outlook (Revenue USD Million, 2014-2025)

  • Multi-Codec Telepresence

  • Personal Telepresence

  • Immersive Telepresence

  • Room based Telepresence

• Form Factor Outlook (Revenue USD Million, 2014-2025)

  • End-Points

    • Display

      • Standard Definition

      • High Definition

    • Camera

    • Microphone

  • Infrastructure

• Vertical Outlook (Revenue USD Million, 2014-2025)

  • Healthcare

  • Education

  • Pharmaceuticals

  • Government

  • Commercial

  • Scientific

  • Construction & Engineering

  • Entertainment

  • Other

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • Japan

    • South Korea

  • South America

    • Brazil

  • The Middle East and Africa (MEA).

Up Market Research published a new report titled “Telepresence Equipment Market research report which is segmented by Type (Multi-Codec, Personal, Room based, Immersive), by Form-Factor (Infrastructure, End-Points), By Players/Companies Vidyo Inc, Polycom, Array Telepresence, ZTE Corporation Cisco Systems Inc shares the majority of the market followed by Polycom in the telepresence equipment industry in 2016, Huawei Technologies Co Ltd, Cisco Systems Inc, Avaya Inc, Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Telepresence Equipment Market Report Segments:

The market is segmented by Type (Multi-Codec, Personal, Room based, Immersive), by Form-Factor (Infrastructure, End-Points).

Telepresence Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Telepresence Equipment Market

Overview of the regional outlook of the Telepresence Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Telepresence Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Telepresence Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Multi-Codec

                2. Personal

                3. Room based

                4. Immersive

                1. Infrastructure

                2. End-Points

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Telepresence Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Telepresence Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.