Telepresence Equipment Market Size, Share & Trends Analysis Report 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, 2018 - 2025

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 of the avenues for revenue. Telepresence video conferencing is being increasingly 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)

The recent technological innovation in robotic telepresence video conferencing is also one of the major factors driving the growth of the telepresence equipment market. The major advantage offered by telepresence equipment is as it offers life-size video conferencing which gives the feel of real person existence. The various endpoints in telepresence equipment include telepresence cameras, microphones, 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 the growth of the market. This equipment is increasingly adopted in the North America region which occupies significant market share over the forecast period.

End-use Insights

Many of the large corporations and various small and medium enterprises prefer 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 the majority of the market share in 2016 which is followed by medium and small companies. The segment occupies the highest share of the total market of telepresence equipment share.

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

Telepresence equipment is primarily used in many of the large enterprises which are into various sectors such as healthcare, education, and government. The healthcare industry occupies the majority of the market share followed by the government segment. Large enterprise is expected to have a 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 enhances 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.

In North America, the market for telepresence equipment is expected to witness 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.

Telepresence Equipment Market Share Insight

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. shares the majority of the market followed by Polycom in the telepresence equipment industry in 2016.

Report Scope

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,  2014 - 2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • Japan

    • South Korea

  • South America

    • Brazil

  • The Middle East and Africa (MEA)