Brazil Video Conferencing Software market was valued at US$119.206 million in 2019. Growing adoption of digitalization across industries such as healthcare, BFSI, and education is significantly driving the market growth of video conferencing software in Brazil. The increasing proliferation of connected devices and internet penetration is allowing people to use video conferencing solutions efficiently. The increasing number of companies are expanding their offices and factories in Brazil owing to the favorable government policies and initiatives to boost the economic growth. As such, the demand for video conferencing software is rising so as to set up long-distance meetings. Rising awareness among Brazilian students about online tutorials and learning solutions is also fuelling the market growth of video conferencing software in the country. The number of enrolment in distance learning in the Brazilian private higher education is increasing at a noteworthy pace which, in turn, is positively impacting the video conferencing software market growth in the country. Rising healthcare costs and an increasing number of patients suffering from chronic diseases in Brazil is encouraging healthcare providers to offer telehealth solutions in the country, thereby fuelling the video conferencing software market growth. For example, Cisco HealthPresence® solutions provide high-definition video, audio, and clinical information for patients, making healthcare solutions and services available to more people while improving the customer experience.
The Brazilian Video Conferencing Software market has been segmented based on the deployment model, enterprise size, and industry vertical. By deployment model, the market has been segmented as on-premise and cloud. By the enterprise size, the Brazilian Video Conferencing Software market has been classified into small, medium, and large. The market segmentation has also been done by industry vertical as education, communication and technology, defense, healthcare, BFSI, and others.