Japan Video Conferencing Software market was valued at US$148.464 million in 2019. Increasing demand for video conferencing solutions across the defense sector is one of the major factors that is driving the video conferencing software market. In 2017, the United States and Japan held a video-conference at the Director-General level under the ACM framework in response to North Korea’s outrage of launching a missile that flew over Japan. The presence of global companies in the country also boosts the demand for video conferencing software in the country as companies are increasingly adopting the trend of video conference meetings with offices in other countries in order to save time and cost. The country is continuously investing in making the education sector more digitalized which is also contributing to the market growth of video conferencing software here. For example, in November 2018, teams from Japanese and U.S. colleges and universities developed new collaborative online international learning (COIL) courses as a part of the U.S.-Japan COIL initiative. This was the two-year pilot project to test the adoption of virtual exchange in order to deepen both countries’ higher education ties. The recent new coronavirus outbreak has further surged the demand for video conferencing software across this sector significantly in Japan due to emergency school closures in affected areas. The Japanese government is planning to accelerate the remote education using the internet by making a laptop or any other information terminal available to every student across the country by fiscal 2023.
Japan 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, Japan 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.