Web Real-Time Communication Market | Analysis 2019-2031

Web Real-Time Communication (WebRTC) Market is categorized by Type (Solution, Service), Service (Implementation Service, Consulting Service, Integration Service, Software/Application Development Service, Maintenance Service), Deployment (Public Cloud, Private Cloud, Hybrid Cloud), Application (Social Networking, Gaming, Voice Calling, Video Conferencing, Other), End User Sector (BFSI, Public, Manufacturing, Transportation & Logistics, Healthcare, Media & Entertainment, IT & Telecom, Retail, Energy & utility), and Region - Global Industry Analysis, Size and Forecast, 2019-2031

Report Format:     | Pages: 250+
Type: Niche Industry Monitor | ID: TS616  | Publication: March 2022  |  US$1,790  |  

WebRTC Market to Cross US$ XX billion Market by the End of 2031, with Tremendous CAGR from 2022 to 2031

Web Real-Time Communication Market Introduction

In recent past, dramatic growth in number of mobile Internet and social media users has been witnessed across the globe that has exponentially increased the data traffic over web browsers. In order to manage data traffic over web browsers efficiently and enhance customer interaction experience, key players operating in the real-time communication market are deploying web-based real-time communication applications. These advanced web-based applications can be easily accessed via mobile devices such as smartphone, tablet and laptop. Web real-time communication is an open source project that enables mobile applications and browsers with real-time communication capabilities by using simple application programming interfaces (APIs).

 

Market Dynamics

Increasing adoption of digital solutions and services across various end-user vertical is fueling growth of the market. In addition, growing uptake of enterprise mobility solutions, increasing government spending on digitization and enhanced customer experience are other major factors, accelerating growth of the web real-time communication market. However, lack of acceptance from enterprises owing to lack of awareness among customers in developing countries such as India, China, and Brazil is impeding growth of the WebRTC market in developing regions.

 

Market Scope

The global WebRTC market has been segmented on the basis of type, service type, deployment type, application, vertical and region.

 

Type

By type, the WebRTC market has been segmented into solution and service. In 2014, solution segment dominated the overall WebRTC market but is anticipated to lose its dominance to service segment by the end of 2031.

 

Service

Service segment has been sub-segmented into consulting service, implementation service, integration service, software/application development service and maintenance service. In terms of revenue contribution, implementation service segment dominated the overall WebRTC market in 2021.

 

Deployment

On the basis of deployment type, the global WebRTC market has been further sub-segmented into public, private and hybrid cloud. In terms value, public and private cloud segments ruled the overall WebRTC market with more than XX% share in 2021.

Application

Application wise the overall WebRTC market has been segmented into social networking, gaming, voice calling, video conferencing and other. In 2021, voice calling and video conferencing segments collectively accounted around XX% share of overall market value and are projected to witness considerable increase in their collective revenue contribution share to the overall WebRTC market.

 

Vertical

Vertical includes BFSI sector, public sector, manufacturing sector, transportation & logistics sector, healthcare sector, media & entertainment sector, IT & telecom sector, retail sector and energy & utility sector. In terms of spending on Web-based real-time communication solutions and services, BSFI was the most attractive sector in 2021 and is projected to remain same by the end of 2031.

 

Regional Outlook

Key regions covered in the web real-time communication solution market are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East & Africa (MEA). In terms of revenue contribution share, North America dominated the overall WebRTC market with more than XX% share in 2021. Despite being losing significant revenue contribution share, North America WebRTC market is projected to continue its dominance by the end of 2031.

Web Real-Time Communication Market Competitive Landscape

Major players operating in the web real-time communication solution market follow the strategy of merges & acquisition and alliance with key technology experts so as to expand their portfolio with advanced cloud-based real-time communication solutions and services, position themselves as a leading player and increase presence in the regional as well as global markets. Major players operating in the web real-time communication solution market include AT&T Inc., Cisco Systems Inc., Ericsson, Plivo Inc., Twilio Inc., Mitel Networks Corporation, Huawei Technologies Co. Ltd., TokBox Inc.,IBM Corporation, Avaya Inc. and Google Inc.

  1. Executive Summary
    1. Research Methodology
    2. Assumptions & Acronyms Used
  2. Web Real-Time Communication (WebRTC) Market Overview
    1. Introduction
    2. Scope
    3. Evolution of WebRTC
    4. User Base and Split
    5. Browser Support to WebRTC Standards–Dashboard
  3. Web Real-Time Communication (WebRTC) Market Analysis
    1. Market Size and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
  4. Web Real-Time Communication (WebRTC) Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Trends
    5. Opportunity
  5. Web Real-Time Communication (WebRTC) Market Analysis by Type
    1. Market Share by Type, 2021 & 2031
    2. Solution
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    3. Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
  6. Web Real-Time Communication (WebRTC) Market Analysis by Service
    1. Market Share by Service, 2021 & 2031
    2. Market Size and Forecast Snapshot by Service, 2019-2031
    3. Consulting Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    4. Implementation Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    5. Integration Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    6. Software/ Application Development Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    7. Maintenance Service
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    8. Market Trends by Service
  7. Web Real-Time Communication (WebRTC) Market By Deployment
    1. Market Share by Deployment, 2021 & 2031
    2. Market Size and Forecast Snapshot by Deployment, 2019-2031
    3. Public Cloud
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    4. Private Cloud
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    5. Hybrid Cloud
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    6. Market Trends by Deployment
  8. Web Real-Time Communication (WebRTC) Market Analysis by Application
    1. Market Share by Application, 2021 & 2031
    2. Market Size and Forecast Snapshot by Application, 2019-2031
    3. Social Networking
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    4. Gaming
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    5. Voice Calling
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    6. Video Conferencing
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    7. Other
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    8. Market Trends by Deployment
  9. Web Real-Time Communication (WebRTC) Market Analysis by End-user Vertical
    1. Market Share by End-user Vertical, 2021 & 2031
    2. Market Size and Forecast Snapshot by End-user Vertical, 2019-2031
    3. BFSI Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    4. Public Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    5. Use Case Trends BFSI Sector and Public Sector
      1. Manufacturing Sector
      2. Y-o-Y Growth Projection, 2020-2031
      3. Value and Forecast, 2019-2031
    6. Transportation & Logistics Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    7. Use Case Trends in Manufacturing Sector and Transportation Sector
    8. Healthcare Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    9. Media & Entertainment Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    10. Use Case Trends in Healthcare sector and Media & Entertainment Sector
    11. Retail Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    12. Energy & Utility Sector
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    13. Use Case Trends in Retail Sector and Energy & Utility Sector
  10. Web Real-Time Communication (WebRTC) Market Analysis by Region
    1. Market Share by Region, 2021 & 2031
    2. Market Size and Forecast Snapshot by Region, 2019-2031
  11. North America WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  12. Latin America WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  13. Western Europe WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  14. Eastern Europe WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  15. APEJ WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  16. Japan WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  17. MEA WebRTC Market Analysis
    1. Market Analysis and Forecast
      1. Y-o-Y Growth Projection, 2020-2031
      2. Value and Forecast, 2019-2031
    2. Market Analysis and Forecast Snapshot, 2019-2031
      1. By Type
      2. By Service
      3. By Deployment
      4. By Application
      5. End-user Vertical
    3. Market Trends and Regulations
  18. Competitive Landscape
    1. Competitive Dashboards
    2. Competitive Benchmarking
  19. Company Profile
    1. Avaya Inc.
      1. Overview
      2. Financials
      3. Strategy
      4. Key Development
    2. Google Inc.
    3. Cisco Systems, Inc.
    4. IBM Corporation
    5. Huawei Technologies Co., Ltd.
    6. Ericsson
    7. ToxBox Inc.
    8. Mitel Networks Corporation
    9. AT&T Inc.
    10. Plivo Inc.
    11. Twilio, Inc.
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