Growing demand for real-time communication webification is one of the significant factors influencing the market growth.
The global Web Real-Time Communication Market is expected to reach USD 29.43 Billion by 2027, according to a new report by Reports and Data. Web real-time communication performs a vital function in webification of communication by offering tools and applications to expedite direct communication through browsers. Web real-time communication offers secure communication at an affordable rate and additionally speeds up the deployment and development of applications across the globe. The proliferation of internet connectivity and developing infrastructure, along with webification of the communications is projected to drive the growth of the market in the forecast period.
The growing inclination for the BYOD trend, which inspires employees to bring their own devices to their workplace, is driving is fuelling the demand for web real-time solutions. According to study, over one-third of the enterprises across the globe provide devices, including smartphones and tablets, to their employees and over half of the enterprises worldwide persuade their employees to carry their own devices to work.
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Key participants include AT&T, Dialogic, Genband, Apidaze, Cisco Systems Inc., Polycom Inc., Oracle, Twilio, Avaya Inc., and Vonage, among others.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the global web real-time communication market on the basis of component, device, industry vertical, and region:
Component Outlook (Revenue, USD Million; 2017-2027)
Device Outlook (Revenue, USD Million; 2017-2027)
Industry Vertical Outlook (Revenue, USD Million; 2017-2027)
Regional Outlook (Revenue, USD Million; 2017-2027)
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