Connect with us
European Gaming Congress 2024

Artificial Intelligence

Emerging Trends in Virtual Communication Market Expected to Reach USD 10.55 Billion Share By 2026: Global Research by Facts & Factors

Published

on

New York, NY, Sept. 29, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Virtual Communication Market By Application (Audio Conferencing, Video Conferencing, Web Conferencing, and Multimedia Conferencing), By Deployment Type (On-Premise, and Cloud-Based), By Component (Hardware, and Software), By End-User (BFSI, IT & Telecommunications, Healthcare, Education, and Others), By Organization Size (SME’s, and Large Scale Enterprise), By Services (Integration and Implementation, Training and Education, Support and Maintenance, Managed Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” in its research database

“According to the latest research study, the demand of global Virtual Communication Market size & share expected to reach to USD 10.55 Billion by 2026 from USD 7.50 Billion in 2020, at a compound annual growth rate (CAGR) of 5.85% during the forecast period 2021 to 2026”

Global Virtual Communication Market: Overview

Communication is one of the most important aspects of any company. Although face-to-face contact is one of the most prevalent types of communication, finding a common time for stakeholders to meet may be too difficult, and planning a meeting in a large organization with outlying offices would necessitate each individual spending time and money on travel. Many organizations have implemented no-travel and work-from-home policies for their staff since COVID-19 began spreading over the world in February 2020.

During times of crisis, virtual communication platforms that provide video and audio conferencing solutions, as well as web conferencing systems, have proven to be beneficial for businesses to hold daily meetings and coordinate with clients, customers, and employees. On May 13, 2020, a major tech business, “Twitter,” declared that it would make its work-from-home policy permanent, even after the pandemic is over. Employees profit from this policy since they save money on their commute and have more flexibility in their work-life balance.

Advertisement
Stake.com

Request Your Free Sample Report of Global Virtual Communication Market @ https://www.fnfresearch.com/sample/virtual-communication-market                                                              

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 205+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Players

  • AT&T Inc.
  • Cisco Systems Inc.
  • Deutsche Telekom AG
  • Ericsson
  • Huawei Technologies Co.Ltd.
  • Intel Corporation
  • Mobile Telesystems
  • Orange S.A.
  • Samsung Electronics Co.Ltd.
  • Verizon Communications Inc.

To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/virtual-communication-market                                  

Key questions answered in this report:

Advertisement
Stake.com
  • What is the projected market size & growth rate of the Virtual Communication Market?
  • What are the key driving factors for the growth of the Virtual Communication Market?
  • What are the top companies operative in Virtual Communication Market?
  • What segments are covered in Virtual Communication Market?
  • How can I get free sample reports/company profiles of the Virtual Communication Market?

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/virtual-communication-market              

Market Dynamics

Video conferencing platforms are primarily used to connect teams in different places in a cost-effective, and real-time mode. Given the rise in popularity of working from home in recent years, having a good video conferencing platform is more important than ever. With most firms now having multiple branch offices, having effective video conferencing technology will make it easier for staff to work from home. Video conferencing is projected to revolutionize how people communicate for business all around the world.
Daily face-to-face interactions were found to be the most effective (93%), followed by audio conference calls (90%), videoconferencing (84%), and group email messages or chat groups (79%), while internal and external social media platforms were listed by 62% and 39%, respectively, in a study. Virtual communication has progressed from an option to a must for conducting business. Workers in numerous sectors employ various virtual communication platforms to conduct their day-to-day conferences, ranging from the virtual estate to automated multi-language data translation to substantial telemedicine booms.

Request Customized Copy of Report @ https://www.fnfresearch.com/customization/virtual-communication-market                           

(We customize your report according to your research need. Ask our sales team for report customization.)

Global Smart Mobility Market: Report Scope

Advertisement
Stake.com
Report Attribute Details
Market Size 2020 Value USD 7.50 Billion
Market Forecast for 2026 USD 10.55 Billion
Expected CAGR Growth CAGR 5.85% from 2021-2026
Base Year 2020
Forecast Year 2021-2026
Top Market Players AT&T, Inc., Cisco Systems, Inc., Deutsche Telekom AG, Ericsson, Huawei Technologies Co., Ltd., Intel Corporation and Others
Segments Covered Applications, Deployment Type, Components, End-Users, Organization Size, Services, and Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Pricing Options Request customized purchase options to meet your research needs. Explore purchase options

Technological Advancements has accelerated the demand

Businesses and workers should expect smarter and more advanced multimedia as the global virtual communication market grows. Micro-LED displays, which are wide and high-quality, have become the favorite option in the worldwide workforce. These technological advancements allow hardware and software vendors to link and give users “room” functionality in their desktop and mobile applications, sometimes known as room apps. Consumers can use a room application to have video conferences, reducing the effort and time required to set up a conference room system. The emergence of new technologies such as machine learning, artificial intelligence, the Internet of Things, and others has had a significant impact on video conferencing adoption. Apple, Google, and Microsoft, for example, have witnessed advanced usage of virtual communication technologies as well as a number of new innovations in the brand application.

Global Virtual Communication Market: Segmentation

The study provides a decisive view of the global virtual communication market by segmenting it based on application, deployment type, component, end-user, organization size, services, and geographic regions. The application segment is categorized into Audio Conferencing, Video Conferencing, Web Conferencing, and Multimedia Conferencing. On-Premise and Cloud-Based types are the deployment type of the global virtual communication market. To offer better target customer analysis, our analyst further bifurcates components segment into hardware and software.

Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/virtual-communication-market                    

Advertisement
Stake.com

(You may enquire a report quote OR available discount offers to our sales team before purchase.)

Growth in Urbanization has accelerated the demand

Because of the population increase, urbanization is a primary long-term driver of the smart mobility market. The average density of metropolitan regions grows as the population grows. By 2030, metropolitan areas are predicted to grow by roughly 30%. As a result, demand for mobility is likely to rise. If passenger miles traveled per person remains constant in comparison to today and the GDP growth of car ownership remains consistent with historical records, these two factors will ensure the double number of mobility demands. By 2050, the majority of the world’s population is predicted to live in cities, resulting in increased demand for the mobility sector.

Global Virtual Communication Market: Regional Analysis

Based on regions, the global virtual communication market can be divided into five main regions namely North America, Europe, Asia Pacific, Latin America, and The Middle East and Africa.

Advertisement
Stake.com

The United States of America is a pioneering country in the information and technology sector. Between 2019 – 2020 it was reported the total number of internet users was raised by 1.8 million. In January 2020 it was reported the internet penetration market of The United States of America had reached 87% with a 288.1 million total number of active internet users. North America is expected to be the largest market in the virtual communication sector owing to its high level of adoption of virtual communication platforms over the last decade due to the availability of highly sophisticated network infrastructure in the region.

Browse the full report “Virtual Communication Market By Application (Audio Conferencing, Video Conferencing, Web Conferencing, and Multimedia Conferencing), By Deployment Type (On-Premise, and Cloud-Based), By Component (Hardware, and Software), By End-User (BFSI, IT & Telecommunications, Healthcare, Education, and Others), By Organization Size (SME’s, and Large Scale Enterprise), By Services (Integration and Implementation, Training and Education, Support and Maintenance, Managed Services): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” at https://www.fnfresearch.com/virtual-communication-market

The global virtual communication market is segmented into:

Global Virtual Communication Market: By Application

  • Audio Conferencing
  • Video Conferencing
  • Web Conferencing
  • Multimedia Conferencing

Global Virtual Communication Market: By Deployment Type

  • On-Premise
  • Cloud-Based

Global Virtual Communication Market: By Component

  • Hardware
  • Software

Global Virtual Communication Market: By End-User

  • BFSI
  • IT & Telecommunications
  • Healthcare
  • Education
  • Others

Global Virtual Communication Market: By Organization Size

  • SME’s
  • Large Scale Enterprise

Global Virtual Communication Market: By Services

  • Integration and Implementation
  • Training and Education
  • Support and Maintenance
  • Managed Services

For media inquiry, mail to: [email protected]

About Facts & Factors (FnF Research):

Advertisement
Stake.com

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch

Follow Us Twitter: https://twitter.com/fnfresearch

Contact Us:

Advertisement
Stake.com

Facts & Factors

USA: +1-347-989-3985

Email: [email protected]

Web: https://www.fnfresearch.com

Blog: http://fnfnewsblog.com

Advertisement
Stake.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

KMS Lighthouse and lastminute.com Triumph with a Double Win at the Global Sourcing Association (GSA) 2024 Awards

Published

on

kms-lighthouse-and-lastminute.com-triumph-with-a-double-win-at-the-global-sourcing-association-(gsa)-2024-awards

TEL AVIV, Israel, June 17, 2024 /PRNewswire/ — KMS Lighthouse, a global leader in knowledge management, is proud to announce its remarkable achievement of winning two prestigious awards with lastminute.com at the Global Sourcing Association (GSA) 2024 Awards. The brands were honored in the following categories:

Retail Programme of the Year: lastminute.com and KMS Lighthouse LimitedTechnology Enabled Programme of the Year (Automation/AI): lastminute.com and KMS Lighthouse LimitedKMS Lighthouse was also a finalist in the Service Provider of the Year category.
The awards were presented on June 11, 2024, at a glittering ceremony held at Richmond Hill Hotel, as part of the GSA Festival of Sourcing. Celebrating its 21st year, the GSA Awards recognize organizations that demonstrate exceptional best practices in strategic sourcing.
Sagi Eliyahu, CEO of KMS Lighthouse Limited commented “We are absolutely delighted to have won these two esteemed awards. This recognition underscores the tireless dedication and innovation of our teams in delivering exceptional knowledge management solutions to our clients. I would like to extend my heartfelt gratitude to our partners at lastminute.com. The synergy and true partnership we have formed exemplify the collaborative spirit needed to drive outstanding results.”
“We are thrilled to celebrate these award wins with KMS Lighthouse,” said Walter Di Lello, Knowledge Manager & Procedure Team Leader at lastminute.com. “This achievement is a testament to the hard work and dedication of both our teams. The collaborative partnership approach we have fostered with KMS Lighthouse has been pivotal in delivering innovative and impactful solutions. Thank you to everyone involved for their relentless commitment and excellence.”
This double accolade highlights KMS Lighthouse’s unwavering commitment to excellence, innovation, and effective collaboration. The successful partnership with lastminute.com has not only enhanced the retail sector’s capabilities but also set new standards in automation and AI-driven solutions.
About KMS Lighthouse:
KMS Lighthouse is a global leader in knowledge management solutions, providing innovative platforms that enhance organizational knowledge sharing and decision-making. Through advanced AI and automation technologies, KMS Lighthouse enables businesses to improve customer service, streamline operations, and achieve higher efficiency.
About lastminute.com
lastminute.com is the European Travel-Tech leader in Dynamic Holiday Packages. Our mission is to simplify, personalise, and enhance our customers’ travel experience by leveraging technology. Thanks to the iconic brand lastminute.com and a rich portfolio of vertical brands, we meet the most diverse needs of travellers across the entire holiday experience. As one of the few fully licensed European tour operators, we offer unlimited real-time travel combinations thanks to our proprietary Dynamic Holiday Packaging engine, providing additional customer protection and exclusive deals. lastminute.com N.V. is a publicly traded company listed under the ticker symbol, LMN on the SIX Swiss Exchange.
Media Contact:KMS Lighthouse [email protected] [email protected]://www.linkedin.com/company/kms-lighthouse/https://kmslh.com/

View original content:https://www.prnewswire.co.uk/news-releases/kms-lighthouse-and-lastminutecom-triumph-with-a-double-win-at-the-global-sourcing-association-gsa-2024-awards-302174249.html

Continue Reading

Artificial Intelligence

CluePoints Continues ‘Turning Artificial Intelligence into Human Intelligence’ by Launching Two New Innovations

Published

on

cluepoints-continues-‘turning-artificial-intelligence-into-human-intelligence’-by-launching-two-new-innovations

Site Profile & Oversight Tool (SPOT) and Intelligent Medical Coding (IMC) unveiled by RBQM innovator at DIA Global Annual Meeting 2024
KING OF PRUSSIA, Pa., June 17, 2024 /PRNewswire/ — CluePoints, provider of leading statistical and AI-driven software solutions, will unveil two of its latest advanced, deep learning technology innovations at the DIA Global Annual Meeting 2024. Both solutions deliver groundbreaking enterprise platform transformations providing Sponsors and CROs with a smarter way to conduct clinical research and detect and manage risks that could impact clinical trial outcomes.

Taking RBQM to a new level, CluePoints’ Site Profile & Oversight Tool (SPOT) delivers adaptive site monitoring, enabling teams to swiftly pinpoint anomalies and translate insights into strategies and actions. Sponsors and CROs can improve their ability to evaluate the performance of clinical trial sites and adjust site visit plans more effectively and efficiently while accurately balancing risk and resource workload.
Further streamlining processes, CluePoints’ Intelligent Medical Coding solution harnesses advanced deep learning technology to enhance the accuracy and efficiency of coding in clinical trials. It seamlessly integrates with existing systems to offer precise, AI-generated coding suggestions, drastically reducing the need for manual dictionary searches and costly coding reviews, freeing up valuable resources and ensuring uniformity across all coded data.
Andy Cooper, CEO of CluePoints, said: “DIA offers the perfect opportunity to share with the industry our latest disruptive and innovative solutions that address key challenges within traditional clinical research methods. Unveiling two new products that leverage next generation AI will transform how CluePoints is viewed in the industry, as we enhance our enterprise-wide solutions to reach new levels of accuracy and efficiency to both improve clinical trial performance and deliver greater insights to further mitigate risk. Our early adopters are already raving about how valuable they are finding both product offerings and we are excited to showcase how they will shape future processes and embody our brand promise to ‘turn artificial intelligence into human intelligence.”
With over 9,500 users engaged with CluePoints’ enterprise platform, to date over 1,600 studies have been de-risked and over 142,000 issues detected.
Visitors to the CluePoints’ DIA Global exhibition booth #1301 will have the opportunity to meet with subject matter experts and see demonstrations of both new platform solutions.
CluePoints also invites DIA attendees to join them at 3pm on Tuesday, June 18th, for a special toast at their booth to celebrate the latest innovations.  
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com.
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of artificial intelligence using advanced statistics and machine learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
 

View original content:https://www.prnewswire.co.uk/news-releases/cluepoints-continues-turning-artificial-intelligence-into-human-intelligence-by-launching-two-new-innovations-302174137.html

Continue Reading

Artificial Intelligence

ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market

Published

on

complycube-launches-trust-center-with-the-most-complete-compliance-posture-in-the-market

LONDON, June 17, 2024 /PRNewswire/ — ComplyCube, a RegTech100 global leader in identity verification and compliance solutions, proudly announces the launch of its comprehensive Trust Center. This new initiative emphasizes ComplyCube’s unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, the AI-powered SaaS leads the way in ensuring clients stay ahead of international regulations and standards.

The Trust Center provides real-time updates on security measures, compliance statuses, and operational transparency, empowering clients to meet regulatory requirements confidently and allowing them to view ComplyCube’s compliance posture on demand. This platform is engineered to enhance transparency, build trust, and streamline compliance processes for organizations worldwide.
ComplyCube unveils its unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, ComplyCube leads the way in ensuring clients stay ahead of international regulations and standards.
Key Features of the Trust Center:
Real-Time Compliance Dashboard: Live updates on compliance metrics and security statuses.Comprehensive Resource Hub: Access to essential documents, certifications, and regulatory guidelines.Incident Reporting and Tracking: Full transparency in reporting and monitoring security incidents.Tarek Nechma, CEO of ComplyCube, remarked, “The launch of the Trust Center marks a pivotal milestone in our mission to build trust at scale and deliver state-of-the-art compliance solutions. This platform will empower our clients to navigate the complexities of regulatory landscapes with confidence.”
Non-compliance costs are 2.71 times higher than the costs of maintaining or meeting compliance requirements. Another study indicates that companies with strong compliance programs can reduce incident costs by up to 30%. On top of this, 84% of businesses encounter compliance challenges that can lead to significant financial and reputational damage. ComplyCube’s Trust Center aims to further mitigate these risks by providing tools that help businesses maintain and improve their compliance posture.
Mohamed Alsalehi, CTO of ComplyCube, stated, “We design our systems to be compliant by design with the stringent laws and regulations. This proactive approach ensures our clients can meet and exceed compliance requirements effortlessly.”
Joshua Dent, Business & Partnerships Manager, added, “The Trust Center showcases ComplyCube’s adherence to a multitude of globally recognized standards and data protection regulations. Clients and partners can find answers to many of their data protection questions, view active controls, and request documents to fulfill due diligence. It’s fantastic to see this go live following our latest certifications, such as UK DIATF, ISO 9001, PAD Level 2, and ISO 27001:2022 upgrade.”
ComplyCube continues to set industry standards with its innovative solutions, and the Trust Center’s launch underscores its mission to support businesses in achieving compliance excellence.
For more information about the Trust Center, visit ComplyCube Trust Center.
About ComplyCubeComplyCube is a leading provider of identity verification and compliance solutions, helping organizations across various sectors secure their operations and meet regulatory requirements. With a focus on innovation and customer satisfaction, ComplyCube delivers reliable and efficient services that empower businesses to thrive in a complex regulatory environment.
About VantaVanta is a leading trust management platform that automates compliance and streamlines security reviews for SaaS businesses. It helps companies manage risk and prove security in real-time, ensuring adherence to global standards and data protection regulations. With Vanta’s Trust Center, businesses can efficiently manage compliance processes and demonstrate their commitment to security and trust.
 
Photo: https://mma.prnewswire.com/media/2440210/Complycube_launches_trust_center.jpgLogo: https://mma.prnewswire.com/media/2148485/4765606/ComplyCube_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/complycube-launches-trust-center-with-the-most-complete-compliance-posture-in-the-market-302174177.html

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Trending