South Africa Video Conferencing Market (2021-27) | Report, Size, Share & 6Wresearch
South Africa Video Conferencing Market Synopsis
South Africa Video Conferencing Market witnessed significant growth in revenues during the year 2020 due to growing instances of remote working and learning in the country. Additionally, the outbreak of the Covid-19 pandemic has resulted in the imposition of a nationwide lockdown which led to the closure of all corporate, educational, and other establishments, and put restrictions on the movement of people. Thus, the need for alternate communication systems arises and demand for video conferencing solutions witnessed robust growth in 2020. Furthermore, the rising shift towards telehealth and increasing digital health initiatives in accordance with South Africa National Digital Health strategy 2019-24, is expected to have a positive impact on the video conferencing market and thus revenues are anticipated to grow significantly over the forthcoming period.
According to 6Wresearch, the South Africa Video Conferencing Market size is projected to grow at a CAGR of 11.8% during 2021-27. Rising adoption of cloud-based solutions, public-private partnerships, and collaborations rising internet penetration, and government initiatives such as Project Thobela, and National Development Plan 2030 (NDP) which emphasize on development of ICT and broadband infrastructure, are some of the factors which would boost video conferencing market in South Africa during the forecast period. Additionally, with the introduction of 5G services by MTN, Rain, and Huawei, expansion of Wi-Fi initiatives by Glencore in the country, and additional advantages such as low cost, and easy accessibility, the demand for video conferencing solutions would further increase in the upcoming years.
Key Highlights of the Report
- South Africa Video Conferencing Market Overview
- South Africa Video Conferencing Market Outlook
- South Africa Video Conferencing Market Forecast
- Market Drivers and Restraints
- South Africa Video Conferencing Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- South Africa Video Conferencing Market Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
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