#Highfive video conferencing vs webex pdf#
#Highfive video conferencing vs webex software#

The collaboration tools portfolio paved a way for the transition to extended remote working due to COVID-19 while maintaining employee productivity and customer engagement. The firm intends to enable teleworking, reduce business travel, grow employee productivity, and build resilience for business, partners, and customers. Microsoft is also focused on collaborating with technology firms, such as Lenovo and SAP, on increasing the revenue generated from productivity and business segment.Ĭisco is one of the prominent players in the video conferencing market. In 2019, the firm planned to introduce eight new features, such as Microsoft Whiteboard, Data Loss Prevention (DLP) in chats and conversations, live events, live captions, information barriers, customized backgrounds, Intelligent Capture, and secure private channels. In the same year, Microsoft undertook product enhancements to support live video capability in Microsoft Teams.

For instance, in August 2018, Microsoft underwent product enhancements as a part of the company’s strategic plan to replace Skype for Business with Microsoft Teams as the primary communications platform for businesses. Microsoft focuses on Y-o-Y growth with organic and inorganic growth strategies. Microsoft teams' growth is more comparatively to Skype for business due to continuous solution enhancements, ease of usage, and accessibility

#Highfive video conferencing vs webex software#

The product has established itself as one of the most used online conferencing software tools. Microsoft Teams is an online collaboration platform with video conferencing capabilities, enabling online meetings for enterprises globally. They help organizations effortlessly synchronizing their workflows from different devices and locations. These products integrate seamlessly with other Microsoft tools, via Office 365. Microsoft provides video conferencing Solution such as Microsoft Teams and Skype for Business.

#Highfive video conferencing vs webex pdf#

To know about the assumptions considered for the study download the pdf brochure These players have adopted various strategies to grow in the global video conferencing market. (Haivision), and Premium Global Services Inc. (HighFive), Logitech International SA (Logitech), Barco NV (Barco), Fuze Inc. (Kaltura), BlueJeans Network (BlueJeans Network), Kollective Technology, Inc. (LogMeIn), Enghouse Systems Limited (Enghouse Systems), Pexip, AS (Pexip), Qumu Corporation (Qumu), Sonic Foundry Inc. (AWS), Google, LLC (Google), Plantronics, Inc. (Cisco), Adobe Systems Incorporated (Adobe), Huawei Technologies Co. The key and emerging market players in the video conferencing market include Microsoft Corporation (Microsoft), Zoom Video Communications, Inc. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on video conferencing solutions. With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for video conferencing solution and hardware products. MarketsandMarkets forecasts the global video conferencing market size is expected to grow from USD 9.2 billion in 2021 to USD 22.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period.