North America Telepresence Equipment Market Size & Outlook
North America telepresence equipment market highlights
- The North America telepresence equipment market generated a revenue of USD 1,405.8 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, 2d telepresence was the largest revenue generating product in 2023.
- 2D Telepresence is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 1,405.8 million |
| Market revenue in 2030 | USD 1,872.3 million |
| Growth rate | 4.2% (CAGR from 2024 to 2030) |
| Largest segment | 2d telepresence |
| Fastest growing segment | 2D Telepresence |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2D Telepresence |
| Key market players worldwide | Avaya, Cisco Systems Inc, Enghouse Systems Ltd, HP Inc, Huawei Technologies, Sony Group Corp, ZTE Corp Class H |
Other key industry trends
- In terms of revenue, North America region accounted for 40.6% of the global telepresence equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,348.9 million by 2030.
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Telepresence Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Enghouse Systems Ltd | View profile | 1729 | 80 Tiverton Court, Suite 800, Markham, ON, Canada, L3R 0G4 | https://www.enghouse.com |
| HP Inc | View profile | 58000 | 1501 Page Mill Road, Palo Alto, CA, United States, 94304 | https://www.hp.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| ZTE Corp Class H | View profile | 72093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | https://www.zte.com.cn |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
North America telepresence equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telepresence equipment market will help companies and investors design strategic landscapes.
2d telepresence was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America telepresence equipment market based on 2d telepresence covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of telepresence equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America telepresence equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America telepresence equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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