MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028

ICT | Media Software & Services

MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028

Market by Deployment Type, Component, Enterprise Size, Applications, and Country Outlook | 2022-2028

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A study by Triton Market Research shows that the market for virtual meeting software in the Middle East and Africa would develop with a CAGR of 12.73% in the forecast years 2022-2028.


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The countries studied in this market include:

•         Saudi Arabia

•         The United Arab Emirates

•         South Africa

•         Turkey

•         Rest of Middle East & Africa

The Middle East and Africa is increasingly focusing on better business avenues and overseas trade. The use of VM software in all sectors of the economy has been witnessed in the region. This includes BFSI, business, education, manufacturing, government, etc. The governments of Saudi Arabia and the UAE are opening several trade corridors for China, India, and ASEAN countries to boost international relations. This has been made possible by the use of virtual meeting software, which offers fast and improved connectivity.

Saudi Arabia is also an emerging market for VMS. Its surging demand from the business and government sectors has led to increased usage. In 2021, the NASSCOM announced a virtual business visit to Saudi Arabia, from the 6th to the 8th of September, and was designed exclusively for its SME members. The program, called “Virtual Business Gateway,” offered a complete deep dive into the Saudi market. And it was successfully carried out by using virtual meeting software.

Since May 2020, the Trade Ministry of Turkey has organized 100 virtual meetings for trade delegations due to lockdown implementation. Nearly 1,801 manufacturing and exporting companies met with 4,279 foreign buyers via virtual B2B meetings, as per the data compiled. These virtual delegations promoted Turkish companies and products in overseas markets when conducting physical events was not possible due to travel bans. But the adoption of VMS helped to conduct these virtual meets efficiently.

There are numerous benefits gained by using VMS in healthcare, the prime benefit being the ability to reach out and treat more people than usually possible under normal circumstances. Various healthcare service providers have limited resources, which significantly limits the number of people they can serve. However, by using virtual meeting software, they have been able to connect online with patients located far away or those who are immobile and unable to visit the healthcare facilities. This has helped the patients receive high-quality medical services. The studied report assesses the market’s growth according to deployment type, component, enterprise size, and applications. Here, the applications segment comprises healthcare, manufacturing, IT & telecom, government, BFSI, education, and other applications.

Some of the leading players in the virtual meeting software market include Airmeet Inc, Amazon Inc, Livestrom Inc, Zoho Corporation, Adobe Inc, Cisco Systems Inc, Aventri Inc, and Avaya Inc.

Avaya Inc is a globally renowned business communications company. It offers a broad range of software and services for unified communications and contact centers, in the cloud, on-premises, or as a hybrid solution. The company provides them to varied businesses, including small businesses, large businesses, multinational corporations, and government organizations. Avaya has a notable presence in the Middle East and Africa. It was founded in 2000, and has a workforce of more than 8000 employees.

 

Key deliverables of the report:

·       Market CAGR during the forecasting years 2022-2028

·       Detailed data highlighting key insights, industry components, and market strategies

·      Comprehensive information and estimation of the virtual meeting software market revenue growth in the Middle East and Africa and its influence on the parent market

·       In-depth study of forthcoming trends in consumer behavioral patterns

·       A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

·      A wide-ranging study of factors that will challenge the MEA virtual meeting software market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here

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Table of Content

1. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE VIRTUAL MEETING SOFTWARE INDUSTRY

2.2. KEY INSIGHTS

2.2.1. GROWING ONLINE EDUCATION

2.2.2. INCREASING ACCEPTANCE OF VIRTUAL MEETING SOFTWARE

2.2.3. RISING PENETRATION OF DIGITAL PLATFORMS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. COMPATIBILITY

2.4.2. EASE OF USE

2.4.3. INTEGRATION

2.4.4. COST-EFFECTIVENESS

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES & DEVELOPMENTS

2.7.3. PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS

2.8. MARKET DRIVERS

2.8.1. INCREASE IN THE NUMBER OF VIRTUAL MEETING SOFTWARE PROVIDERS ACROSS THE GLOBE

2.8.2. SURGE IN THE ADOPTION OF TECHNOLOGIES LIKE FACIAL RECOGNITION

2.8.3. RISE IN THE ADOPTION OF VIRTUAL MEETING SOFTWARE BY CORPORATE AND GOVERNMENT ORGANIZATIONS

2.9. MARKET CHALLENGES

2.9.1. LESS FACE-TO-FACE CONTACT WITH CLIENTS AND COLLEAGUES

2.9.2. TECHNICAL DIFFICULTIES

2.10. MARKET OPPORTUNITIES

2.10.1. CLOSURE OF OFFICES AND OTHER FACILITIES DUE TO LOCKDOWNS

2.10.2. INCREASED PRODUCTIVITY DUE TO WORK-FROM-HOME CULTURE

3. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY DEPLOYMENT TYPE

3.1. ON-PREMISE

3.2. CLOUD

4. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY COMPONENT

4.1. SOFTWARE

4.2. SERVICE

5. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY ENTERPRISE SIZE

5.1. LARGE ENTERPRISES

5.2. SMALL & MEDIUM ENTERPRISE SIZES

6. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET OUTLOOK – BY APPLICATIONS

6.1. BFSI

6.2. EDUCATION

6.3. IT & TELECOM

6.4. GOVERNMENT

6.5. HEALTHCARE

6.6. MANUFACTURING

6.7. OTHER APPLICATIONS

7. MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET – COUNTRY OUTLOOK

7.1. UNITED ARAB EMIRATES

7.2. SAUDI ARABIA

7.3. TURKEY

7.4. SOUTH AFRICA

7.5. REST OF MIDDLE EAST & AFRICA

8. COMPETITIVE LANDSCAPE

8.1. ZOOM VIDEO COMMUNICATIONS INC

8.2. MICROSOFT CORPORATION

8.3. ZOHO CORPORATION

8.4. ADOBE INC

8.5. ALPHABET INC

8.6. CISCO SYSTEMS INC

8.7. GOTO INC

8.8. HUAWEI TECHNOLOGIES CO LTD

8.9. AVAYA INC

8.10. AVENTRI INC

8.11. SINE WAVE ENTERTAINMENT LTD

8.12. LIFESIZE INC

8.13. AMAZON INC

8.14. LIVESTORM INC

8.15. AIRMEET INC

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF ACQUISITIONS

TABLE 4: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 5: LIST OF PARTNERSHIPS

TABLE 6: LIST OF BUSINESS EXPANSIONS

TABLE 7: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY DEPLOYMENT TYPE, 2022-2028, (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY COMPONENT, 2022-2028, (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY ENTERPRISE SIZE, 2022-2028, (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY APPLICATIONS, 2022-2028, (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: VIRTUAL MEETING SOFTWARE SOLUTION FOR A WORKING PERSON AND RELATED SECTOR

FIGURE 4: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, DEPLOYMENT TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 5: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 8: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, ENTERPRISE SIZE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 11: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY LARGE ENTERPRISES, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY SMALL & MEDIUM ENTERPRISES, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, APPLICATIONS OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY BFSI, 2022-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY EDUCATION, 2022-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY IT & TELECOM, 2022-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 21: MIDDLE EAST AND AFRICA VIRTUAL MEETING SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: UNITED ARAB EMIRATES VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: SAUDI ARABIA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: TURKEY VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: SOUTH AFRICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: REST OF MIDDLE EAST & AFRICA VIRTUAL MEETING SOFTWARE MARKET 2022-2028 (IN $ MILLION)

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