San Francisco, California, December 05, 2018: A report by TMR Research, titled, “Conference Services Call Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018–2028,” presents crucial information on the market. The report states that the global conference call services market is rising in lockstep with the corporate sector. As businesses expand globally, they increasingly need seamless communication methods for conference and other calls across borders.
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Conference calls can be managed through a range of networks, communication modes, and software applications. The report states that the global conference services call market not just caters to the service sector. Other areas are also driving up demand in the market. Those include defense and healthcare. The media and entertainment industry too is driving demand in the global conference services call market. Such demand from across various sectors has egged nimble players to come up with better software and underpinning technologies to churn out better products. Those include cloud web and others. This is providing a major impetus to the global conference services call market.
Currently, audio conferencing accounts for most of the share in the global conference services call market. Cloud web and video conferencing too account for considerable share in the market. However, managed video conferencing holds a minor share in the market. In the near term, the cloud web and video conferencing services market is predicted to rise at the swiftest pace.
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With respect to geography, North America at present rakes in considerable revenue in the global conference services call market. This is because of the uptake of latest technologies for smooth functioning by entities of almost sizes in North America. The region’s conference services call market is mainly being powered by the U.S. and Canada.
Prominent participants in the global conference services call market are Polycom, Zoom Video Communications, GlobalMeet, Dialpad, Arkadin SAS, and Infinite Conferencing Inc.