Video
conferencing market in India
inclined from INR ~ Crore in 2012 to INR ~ Crore in FY’2017 due to growing
awareness of video technologies and Digital India initiative. There has been
rise in the demand for video conferencing Hardware Endpoints and infrastructure
with the growth in the end user industries. For instance, the share of IT/BPM
sector in India’s GDP increased from ~% to ~%. In addition to this, industries
including BFSI, transportation, entertainment, manufacturing have also inclined
increasing the requirement of video conferencing hardware. Video conferencing
has been used by the oil and gas industry as there are various benefits
including collaborative communications, managing crisis response and
telemedicine for remote locations. The companies launching its manufacturing
functions in the country have been a growth driver. Players entering the space
in the review period such as Huawei also acted as a catalyst in the industry. Companies
expanded their product portfolio. For instance, Cisco expanded its product
portfolio during FY’2017 with launch of Cisco Spark Board. Various mergers and
acquisitions took place in the review period.
In
FY’2017, MindMeld Inc. was acquired by Cisco and the company partnered with
various companies including Salesforce.com, Apple and others. There has been
increase in the presence of the video conferencing hardware players in the
country. Polycom increased its presence in India from ~ cities in 2015 to ~
cities in 2016 in order to capture more market share. There has been increase
in use of video conferencing in the healthcare sector, education industry and
government and PSUs. The endpoints constitute of CODEC, camera and monitor used
for video conferencing. Endpoints dominated the video conferencing market in
India with revenue share of ~% in FY’2017 owing to high price of CODEC.
Moreover, the cost of camera also contributed to the segment as the quality is
directly proportional to the price. The infrastructure followed the endpoints
in the video conferencing hardware market in India with revenue share of ~% due
to high price of the endpoints. It Infrastructure includes Multipoint Control
Unit (MCU)/Gateways, gatekeepers, management and scheduling tools, Network
Address Translation (NATs), firewall traversals, border and security elements,
and other related devices.
They
have higher number of points/installation locations which further add to the
values. In addition to this, the large enterprises prefer multipoint systems
which have higher values of approximately INR ~ Lakhs which contributes to the
segment. The large enterprises also prefer the hardware in order to be secure
from data theft in the software. There were approximately ~ large enterprises
in India in 2017. The second highest market share of ~% was attributed by the
government sector and PSUs as the project value for the same is very high and
this sector prefers video conferencing hardware due to security reasons.
Tenders of significant values were released in the review period. SMEs
attributed to the lowest share of ~% due to most companies preferring cloud
based conferencing. Moreover, the high price of video conferencing hardware
leads the SMEs to choose video conferencing software which has a price of INR ~
– INR ~ Lakh approximately compared to high value of approximately INR ~ Lakh
of the hardware. The number of SMEs (registered and unregistered) accounted to ~
million in 2016. India Video Conferencing system integrators or channel
partners market has inclined from INR ~ Crore in FY’2012 to INR ~ Crore in
FY’2017 at a five year CAGR of ~% due to increase in OEMs and rise in the demand
for video conferencing from the industries including IT/ITES, Education,
Healthcare and others. The major system integrators operating the space include
Orange Business, BT India private Limited, Dimension Data India Private
Limited, IBM India PVT. LTD, Insight Business Machines Pvt. Ltd. and Staunch
technologies Private Limited. System integrators compete on the basis of
quality of service provided, brand value and OEM association. The cluster of
system integrators in India is present in Delhi, Mumbai and Bangalore. India
Video Conferencing system integrators or channel partners market is expected to
increase from INR ~ Crore in FY’2017 to INR ~ Crore in FY’2022 at a five year
CAGR of ~%.
Video
conferencing hardware market is expected to increase from INR ~ Crore in
FY’2018 to INR ~ Crore in FY’2022 due to incline in the number of SMEs and
growing consumer base. SMEs in India are expected to account USD ~ billion in
2020. Industries including hospitality, IT, transportation, banking and oil and
gas are likely to act as a catalyst for the video conferencing market in the
country. The companies operating in the space are planning to set up their
manufacturing operations in India. Cisco plans to make India a global export
hub for all its products in future after launching its manufacturing
operations. Polycom also plans to set up its manufacturing base in India in
future. Video conferencing market will incline in future but there will be a
slight decrease in the growth rate year on year as the companies will reduce
the price of their products in order to compete with video conferencing
software market.
Key Topics Covered in the Report:
End
to End Video Conferencing Solution India
Enterprise
ICT Solution India
Video
Telepresence System Industry India
Mobile
Video Conferencing Market
Videoconferencing
Service Management System Market
Videoconferencing
system Market
Web
Video Conferencing Market
Video
Meetings Market
Conferencing
Management Market India
Video
Conferencing Meeting Server Center Market
Video
Telepresence Market India
Virtual
Video Conferencing Market India
Video
Conferencing Market in India
Video
Conferencing Hardware Market India
Video
Conferencing Software Market in India
Video
Conferencing Hardware Endpoints India
Video
Conferencing Hardware Infrastructure in India
Video
Conferencing Hardware Market in
Seoul
Video
Conferencing Hardware Market in
Busan
Video
Conferencing Hardware Market in
Daejeon
Video
Conferencing Hardware Installation India
India
Virtual Video Conferencing Market
India
Video Conferencing Hardware System Integrators
India
Video Conferencing Industry
Video
Conferencing Hardware Market Trends
Polycom
India Market Share
Cisco
India Revenue Telepresence
Huawei
India Market Share Video Conferencing
Skype
India Conferencing Market Share
India
Video Conferencing Future
Partner
Video Conferencing Market
For
more information on the research report, refer to below link:
Related Reports:
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Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
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