Web Real-Time Communication Market Size Worth $40.6 Billion By 2027

Grand View Research, Inc. - Seite 2

The market is expected to witness substantial growth owing to the rising adoption of real-time communication solutions in mobile applications. Applications, such as Facebook Messenger and Snapchat, use the technology to power their video calling features. Furthermore, GSMA estimates that the number of mobile internet users will reach around 5 billion by 2025, which provides huge potential for market growth. The technology is cost-effective as it eliminates the need for installing additional plugins and has a low latency owing to the high transfer speed. For instance, at sub-500-millisecond latency, WebRTC offers one of the fastest methods for transferring video over the internet.

The market is fragmented, and competitive rivalry is high due to the presence of numerous key players. Market players are focusing on adopting various growth strategies, such as mergers, acquisitions, and regional expansions, to gain a competitive advantage. For instance, in September 2016, TWILIO INC. announced the acquisition of WebRTC technologies developed by the team behind the Kurento Open Source Project. The acquisition is expected to help the company address the need for more next-generation video applications, such as those involved in robotics, computer vision, augmented reality, and the Internet of Things (IoT). 

Grand View Research has segmented the global web real-time communication market on the basis of component, enabled device, end-use industry, and region:

• WebRTC Component Outlook (Revenue, USD Million, 2016 - 2027)
• Solutions
• Voice Calling & Conference
• Video Calling & Conference
• Message & File Sharing
• Others
• Services
• WebRTC Enabled Device Outlook (Revenue, USD Million, 2016 - 2027)
• Smartphones & Tablets
• PCs
• Others
• WebRTC End-use Industry Outlook (Revenue, USD Million, 2016 – 2027)
• Retail
• BFSI
• IT & Telecom
• Media & Entertainment
• Healthcare
• Others
• WebRTC Regional Outlook (Revenue, USD Million, 2016 - 2027)
• North America
• The U.S.
• Canada
• Europe
• The U.K.
• Germany
• France
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• List of Key Players of Web Real-Time Communication Market
• Apidaze
• Avaya Inc.
• Cisco Systems, Inc.
• Dialogic Corporation
• Oracle Corporation
• Plivo Inc.
• Quobis

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