Telepresence Equipment Market Report

Telepresence Equipment Market Analysis, By End-user, By Type (Multi-Codec, Personal, Immersive, Room based), By Form-Factor (End-Points and Infrastructure), By Vertical, By Region, And Segment Forecasts, 2014 - 2025

Published: July 2017  |  112 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-956-2

Industry Insights

The global telepresence equipment market size was estimated at USD 1.87 billion in 2016 The need for the enterprises to reduce the cost of traveling for the employees is the primary factor driving the market growth.

Increasing usage of telepresence equipment in various applications such as healthcare, education and government are the primary factors driving the market growth. Many government authorities are also planning to establish telepresence rooms as services as one the avenues for revenue. Telepresence video conferencing is being increasing adopted by many organizations as it offers cost effective solutions of high quality interaction.

U.S. telepresence equipment market by end-use, 2014 - 2025 (USD Million)

 U.S. telepresence equipment market

The recent technological innovation in robotic telepresence video conferencing is also one of the major factor driving the growth of telepresence equipment market. The major advantage offered by telepresence equipment is as it offers life size video conferencing which give the feel of real person existence. The various endpoints in telepresence equipment include telepresence camera, Microphone and display devices. The market for different telepresence endpoints is also expected to grow significantly over the forecast period.

The room based system is the highest revenue generating segment over the forecast period due to increased use of enterprises. Virtual presence of the individuals in the meeting will enhance experience thereby reducing the cost of traveling. But the high cost of installation is one the Major restraint for growth of the market. These equipment is increasingly adopted in North America region which occupy significant market share over the forecast period.

End-use Insights

Many of the large corporation and various small and medium enterprises prefer in installing telepresence video conferencing equipment as it offers a realistic way of interaction between the participants by avoiding the time-lag and disruption in video conferencing. Many of the telepresence equipment providers provide equipment, technology, and customer support which are already included in the price thereby enhancing the user experience.

The Large enterprise segment occupies majority of the market share in 2016 which is followed by medium and small companies. Large enterprise occupies highest share of the total market of telepresence equipment share.

Telepresence Equipment market, by end user, 2016 (%)

telepresence equipment market

Telepresence equipment is primarily used in many of the large enterprises which are into various sectors such as healthcare, education, and government. Healthcare industry occupies majority of the market share followed government. Large enterprise is expected to have signification growth rate over the forecast period, growing at a CAGR of 3.0% from 2016 to 2025.

Regional Insights

North America and Europe markets of Telepresence Equipment were expected to witness favorable growth on account of increased usage in Large and medium enterprises. Telepresence video conferencing Equipment enhance the way of real-time interaction between the participant's locations at various geographical locations. The telepresence equipment offers life-size, ultra-high-definition images and superior audio quality.

North America market of Telepresence Equipment is expected to grow at a CAGR of 3.4% from 2016 to 2025. Much of the market is from the US which has over 60% of the total North America Telepresence equipment market.

North America is followed by Europe, which accounted for over 25% of the total revenue share in 2016.

Competitive Insights

Leading players in the market include Array Telepresence, Avaya Inc, Cisco Systems Inc., Huawei Technologies Co. Ltd, Polycom, Inc, Vidyo Inc and ZTE Corporation. Cisco Systems Inc. share the majority of the market followed by Polycom in telepresence equipment market in 2016.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, South America, and MEA

Country scope

U.S., Canada, Mexico, UK, Germany, Japan, China, South Korea, and Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global Telepresence Equipment market based on End-user, Type, Form factor Vertical and Region:

  • End User Outlook (Revenue, USD Million; 2014 - 2025)

    • Large Enterprise

    • Medium Enterprise

    • Small Enterprise

  • Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Multi-Codec Telepresence

    • Personal Telepresence

    • Immersive Telepresence

    • Room based Telepresence

  • Form Factor Outlook (Revenue, USD Million; 2014 - 2025)

    • End-Points

      • Display

        • Standard Definition

        • High Definition

      • Camera

      • Microphone

    • Infrastructure

  • Vertical Outlook (Revenue, USD Million; 2014 - 2025)

    • Healthcare

    •  Education

    •  Pharmaceuticals

    •  Government

    •  Commercial

    •  Scientific

    •  Construction & Engineering

    •  Entertainment

    •  Others

  • Regional Outlook (Revenue, USD Million;Volume, Million Units; 2014 - 2025)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • Japan

      • South Korea

    • South America

      • Brazil

    • The Middle East and Africa (MEA)
Key questions answered by the report
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