Video conferencing involves a real-time and formal two-way transmission of audio and video content. A majority of Indian businesses--87%--are considering a flexible work model through video conferencing solutions. As much of the world has been working from home and relying on technology to stay in touch with colleagues and loved ones amid national lockdowns, video conferencing apps saw an unprecedented surge in usage, with Zoom one of the most popular options available. Video collaboration solutions aid organizations and enterprises to make faster decisions and eliminate high costs associated with travel and time. The COVID-19 has resulted in schools shut all across the world. Globally, over 1.2 billion children are out of the classroom.
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During pandemic, Pandemic has become a windfall for Video conferencing platforms. Zoom Video Communications has been a major beneficiary of the changes brought about by the COVID-19 pandemic. With face-to-face meetings and conferences generally cancelled for an unknown amount of time, video conferencing tools have quickly become an everyday necessity. video conferencing has already proved to be a very effective and convenient method of organizing meetings for any time, at any place, and which can be joined by all team members who have stable internet access. The global video conferencing market is projected to reach USD 6.50 billion by 2025. The hardware players including Poly, Cisco, Lifesize and Yealink are sharing the small market, However ,the market is dominated by the Software based solutions.
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Channel Players:Â Zoom, Microsoft(Team), Cisco(Webex), Google(Meet) and Logmein.
