fbpx

Must Have Video Conferencing Statistics

A collection of interesting facts and statistics from around the web

Must Have Video Conferencing Statistics

The video conferencing and collaboration market is set to grow to well over $6 billion in 2019

– Source: Synergy Research

Poor conference call practices can cost businesses up to $34 billion (£26 billion) each year through lost time and diminished productivity.

Source: LoopUp 

Cisco has projected that more than 80% of all Internet traffic will be video by 2021. Globally, IP video traffic will be 82 percent of all IP traffic (both business and consumer) by 2022, up from 75 percent in 2017. Global IP video traffic will grow four-fold from 2017 to 2022, a CAGR of 29 percent. Internet video traffic will grow fourfold from 2017 to 2022, a CAGR of 33 percent.

Source: Cisco

Webex, the videoconferencing tool used by around 130 million people monthly. (Oct 18)

Source: Cisco

51% of the Fortune 1000 and 58% of the Fortune 500 use Zoom. (Jul 18)

Source: Zoom

In 2018 Zoom Video Communications achieved over 39 billion annualized meeting minutes, 100% YoY Spring 2017 to Spring 2018 revenue growth, 135% YoY Spring 2017 to Spring 2018 user growth.

Source: Zoom

With 9 out of 10 people admitting that they daydream their way through most meetings

Source: Dr Donald Wetmore

The brain only retains 5 percent of what is stated in meetings

Source: psychotactics.com

Global Video Conferencing Endpoints Market Growths to US$3.9 billion in 2018

The three largest vendors of video conferencing endpoints in 2017 continued to be Cisco, Polycom and Huawei, between them accounting for over 70% of market revenues and nearly 70% of market volumes.

Source: mzaconsultants

Only 38% of companies can hold a video conference with their customer

47% prefer video conferencing when remote.

Source: THE STATE OF ENTERPRISE COMMUNICATIONS, Avaya

61% are currently deploying video conferencing in the cloud

Source: Frost and Sullivan

Real-time video such as live video, ambient video, and video calling has a peak-to-average ratio that is higher than on-demand video.

Source: Cisco

 

 

 

 

Got a comment?

Please login to comment

Login

Popular Posts

Related Articles