UAE Video Conferencing Software Market - Strategic Insights and Forecasts (2022-2027)

UAE video conferencing software market was valued at US$4.557 million in 2020. The market is projected to grow at a CAGR of 16.28% to reach a market size of US$13.096 million by 2027.

Increasing demand for video communication owing to the growing business globalization is significantly driving the demand for video conferencing software. The rising workforce with connected devices supported by the miniaturization of devices equipped with video conferencing support is also bolstering the video conferencing software market growth in this country. A growing number of online workshops, seminars, and conferences are taking place in the UAE. As such, the demand for video conferencing software is growing substantially in this Middle East country. Rising investments in telemedicine across the healthcare sector to offer a virtual remote presence will continue to spur the video conferencing software market growth in UAE during the forecast period. Many health tech startups are entering this market to offer various telehealth platforms with the growing adoption of digitalization across the country’s healthcare sector, thus propelling the video conferencing market growth. The emerging popularity of distance education learning among students in UAE is attracting many online course providers to tap into this market, which, in turn, is also bolstering the video conferencing market growth in this middle eastern country.

The UAE 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 enterprise size, the UAE 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.

KEY DEVELOPMENT

• June 2022- Cisco increased the number of collaboration tools in its lineup and unveiled new enhancements that support hybrid working. The introduction of the Cisco Desk Camera 1080p, the Webex Room Bar, and new functionality added to the Desk Series portfolio are the three new improvements entering the Webex device range.

• April 2022- Microsoft announced that a new influx of digitally transformational services are now accessible on its Azure UAE Regions. With the addition of these newest services, nearly all of Azure's features are now available to regional Microsoft Cloud clients, enabling them to take advantage of the entire adaptability and strength of the dependable, intelligent Microsoft Cloud to quicken their digital transitions.