GITNUX MARKETDATA REPORT 2024
Video Calling Industry Statistics
The video calling industry is expected to continue its rapid growth driven by increasing demand for remote communication technologies and the widespread adoption of video conferencing tools in both personal and professional settings.
In this post, we will explore the dynamic landscape of the video calling industry, backed by a series of compelling statistics that offer valuable insights into its current state and projected growth. From the substantial market values to the widespread adoption in various sectors, these statistics paint a clear picture of the pivotal role video conferencing plays in today’s interconnected world.
Statistic 1
"The global video conferencing market was valued at $4.1 billion in 2019."
Statistic 2
"The video conferencing industry is expected to reach $8.56 billion by 2027."
Statistic 3
"50% of people use video calling features for work-related purposes."
Statistic 4
"The video conferencing market is estimated to grow at a CAGR of 8.1% from 2021 to 2028."
Statistic 5
"Microsoft Teams recorded 145 million daily active users in April 2021."
Statistic 6
"Close to 43% of remote workers in the US employed video conferencing during the COVID-19 pandemic."
Statistic 7
"The Asia-Pacific region is expected to witness the highest growth rate in the video conferencing market till 2027."
Statistic 8
"Over half the population in Saudi Arabia uses video calling regularly."
Statistic 9
"Zoom, a major player in the video conferencing industry, had 300 million daily meeting participants in 2020."
Statistic 10
"Approximately 39% of businesses now use some form of video conferencing services."
Statistic 11
"An estimated 58% of businesses are anticipated to utilize video calling and conferencing for their day-to-day operations by 2022."
Statistic 12
"Mobile video conferencing app downloads saw a sharp 90% increase during the first weeks of the COVID-19 pandemic."
Statistic 13
"As of 2020, Europe accounted for just over 29% of the overall video conferencing market share."
Statistic 14
"An average video conference call lasts between 31 to 60 minutes."
Statistic 15
"As of April 2021, 87% of companies are using video conferencing for recruiting."
Statistic 16
"56% of global HR leaders say video conferencing boost hiring speed."
Statistic 17
"65% of recruiters say virtual interviews will become standard going forward."
Statistic 18
"The education sector is one of the fastest-growing adopters of video conferencing, with demand increasing by 471% in 2020."
Statistic 19
"About 91% of businesses plan to continue using video conferencing tools even after the pandemic."