Online video conferencing software companies are giving it all theyve got to get to the top. Based on numbers by Transparency Market Research, the global video conferencing market is set to reach a valuation of $11.56 billion by the end of 2027. According to Transparencys Video Conferencing Report, cloud-based online video conferencing software will influence this segment of technology.

What has influenced the overall rise of top video conferencing platforms in the global market?

Augmented adoption of free video conference software by small & medium enterprises
Enhanced progress of outsourcing services
Growing Work from home trend or Remote Working
Better cost & time savings
Quicker results based on global collaboration

It has been observed that the global video conferencing scenario has been compartmentalized into 5 regions viz. Europe, APAC, North-America, SAM, and MEA. Speaking of the North-American section, the US and Canada influence the video conference sector. With the impact of COVID-19, the video conferencing market witnessed a significant upcurve, the APAC is set to witness the highest Compound Annual Growth Rate (CAGR) during 2020 2027. Even other sectors like SAM and MEA will exhibit significant adoption of video conferencing software and its subsequent market players.

What are the factors that favor such an upcurve on the global level?

Favorable ecosystem for global collaboration
Simplifying the virtual meeting experience
Quick information sharing
Flexible working environment
Dynamic, engaging, and productive outcomes
Presence of greater numbers of education, corporate, healthcare, government, and other sectors in North America, Europe, and other regions
Availability of ideal infrastructure and resources in the US, UK, and other regions
Augmented adoption of online video conferencing software & online meetings
A new concept of Bring-your-own-devices (BYOD)
Rapid industrialization on a global level
Several key players like Zoom, iFMeets, Cisco Webex, etc.
COVID-19 lockdown

Online video conferencing service providers are experiencing a great demand for numerous users that are playing the role of a catalyst in the video conferencing market.

Vendors winning the market share

The global video conferencing market is extremely competitive; a few players that dominate the video conferencing market are Zoom, Cisco Webex, GoTo Meeting, etc. But, iFMeets, a US-based video conferencing software vendor has witnessed a significant upcurve in its user base since the COVID-19 outbreak.

What makes iFMeets a considerable competitor to seasoned competitors in the US?

Well, lets face it, iFMeets is new, but it has been designed and developed in a time where its stakeholders and technology specialists understand the importance of cloud-based video conference software, and the features that need to be integrated to make it a high-performance, secure, and productive online web conference or online video conference software.

This product focuses on development and disruption with a great user- experience and data security. As a part of the transformation, iFMeets will focus on AI-based algorithms in its future development, & build a product around great features, performance, scalability, efficiency, & better collaboration. With a pricing model that is built for users, SMBs, and enterprises, this product provides a significant pricing cut-back in comparison to its competition.

Lets look at key points that make iFMeets a product of choice.

Meeting agenda & scheduling
Dial-in meetings
Breakout rooms
Presentation windows
Whiteboards for corporates, education, healthcare, etc.
Public/private chat options
Screen-sharing & meeting recording
Meeting transcripts
Attendee list
Multilingual captions

The most significant & highlighting features of iFMeets are

Data Security end-to-end encryption for all meetings, data is not collected and sent to third parties
Privacy Security ensure security measures, cache deletion post meetings, use of SSL, password protection
Meeting Privacy meetings are not open-linked, waiting room features, facilitate granular permissions, etc.
High-engagement highly engaging based on features like whiteboards, presentation, annotation, HD quality video & audio, etc.

Design features include a seamless user interface, easy-to-use dashboard, easy to join the meeting, quick registration process.

Conclusion

When it comes to communication and collaboration, every sector has a different purview on how they want to adopt online video conferencing software. There are various features users want to leverage out of an online meeting, but there are some factors that users consider more crucial than others viz. user-experience and security. Greater focus will be put on integrating AI with video conferencing applications to make it more secure, user-friendly, efficient, and productive for a larger audience.

Visit Us: - www.ifmeets.com/