Web Conferencing Market to Hit $19B by 2025, Says Report

Web conferencing, market, report, survey, Zoom, North America, webinars, webcasts
Web Conferencing Market to Hit _19B by 2025_ Says Report

According to the latest report by Valuates, the web conferencing market is projected to hit $19 billion by 2025, with a CAGR of 8.6%. At present, the market is worth $12.5 billion. Web conferencing refers to forms of online collaboration including webinars and webcasts. Web collaboration tools have become necessary as the coronavirus pandemic has increased remote working globally.

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As per the report, North America is expected to hold the largest web conferencing market share owing to early technology adoption.

Source: https://www.techrepublic.com/article/web-conferencing-market-projected-to-reach-19b-by-2025/

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