This research study analyzes the current and future trends of the Asia-Pacific video conferencing endpoints and infrastructure market, service providers' performance, and market share. Despite difficult economic conditions, growing enterprise requirements create opportunities in the Asia-Pacific. The forecast period for this research service is from 2021 to 2027, and the base year is 2020.
In 2020, the total enterprise video conferencing endpoints and infrastructure revenue in the Asia Pacific market reached $864.4 million, representing a 4.5% annual growth. While the economic contractions led to delays in project rollouts and restricted the growth in most markets, the surge in demand in Greater China during the COVID-19 lockdowns partially offset the decline and helped boost Asia Pacific’s overall revenue growth.
Given the strict virus containment measures and government support in the form of fiscal policies and financial aid, many large enterprises in China, including foreign-based multinationals, invested in video conferencing to enable collaboration across distributed branches and business sites.
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