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Report
Telepresence Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 138 Pages I IMARC Group
The global telepresence equipment market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
Telepresence, or virtual presence, refers to a digital video teleconferencing technology that enables communication and collaboration amongst users from a distant or remote location. As compared to conventional video conferencing, it provides high-definition (HD) streaming, real-time presentation experience, and high-quality audio and video output. Some of the commonly used telepresence equipment include microphones, cameras, speakers, controllers, and various other devices, which aid in controlling machinery and sharing data-related information. This, in turn, assists users in developing a computer-generated environment, optimizing productivity, and mitigating traveling budgets. At present, telepresence equipment is commercially available in multi-codec, personal, immersive, and room-based types.
Telepresence Equipment Market Trends:
The easy availability of high-speed internet connectivity, along with the rising demand for virtual meetings, especially during the consequent implementation of mandatory lockdowns on account of the sudden outbreak of coronavirus disease (COVID-19) pandemic across the globe, represents key factor primarily driving the market growth. In line with this, the widespread adoption of telepresence equipment across small and medium-sized enterprises (SMEs), education, hospitality, manufacturing, pharmaceuticals, entertainment, and media and entertainment sectors for connecting, communicating, collaborating, and transmitting information is acting as another growth-inducing factor. This is further supported by the extensive utilization of telepresence equipment in the healthcare sector to enable physicians and medical practitioners to offer virtual assistance, consultation, and remote visitations for health checkups. Additionally, significant technological advancements, such as the introduction of robotic telepresence equipment for making experimental learning easier, monitoring the workforce from remote locations, and mitigating communication barriers at affordable prices, are contributing to the market growth. Other factors, such as rising digitalization, the increasing need for cost-effective solutions, growing penetration of various electronic devices, and the large-scale integration of artificial intelligence (AI) and machine learning (ML) technologies, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global telepresence equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form factor, enterprise size and industry vertical.
Breakup by Type:
Multi-Codec Telepresence
Personal Telepresence
Immersive Telepresence
Room-based Telepresence
Breakup by Form Factor:
End-Points
Display
Camera
Microphone
Infrastructure
Breakup by Enterprise Size:
Large Enterprise
Medium Enterprise
Small Enterprise
Breakup by Industry Vertical:
Healthcare
Education
Pharmaceuticals
Government
Commercial
Scientific
Construction and Engineering
Entertainment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avaya Inc., Cisco Systems Inc., Haivision, HP Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Plantronics Inc., Sony Corporation, Vidyo Inc. (Enghouse Systems Limited) and ZTE Corporation.
Key Questions Answered in This Report:
How has the global telepresence equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global telepresence equipment market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the form factor?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global telepresence equipment market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Telepresence Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Multi-Codec Telepresence
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Personal Telepresence
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Immersive Telepresence
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Room-based Telepresence
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Form Factor
7.1 End-Points
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Display
7.1.2.2 Camera
7.1.2.3 Microphone
7.1.3 Market Forecast
7.2 Infrastructure
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Large Enterprise
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Medium Enterprise
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Small Enterprise
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Healthcare
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Education
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Pharmaceuticals
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Government
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Commercial
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Scientific
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Construction and Engineering
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Entertainment
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Avaya Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cisco Systems Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Haivision
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 HP Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Huawei Technologies Co. Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Microsoft Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Plantronics Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Sony Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Vidyo Inc. (Enghouse Systems Limited)
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 ZTE Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
Figure 1: Global: Telepresence Equipment Market: Major Drivers and Challenges
Figure 2: Global: Telepresence Equipment Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Telepresence Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Telepresence Equipment Market: Breakup by Type (in %), 2022
Figure 5: Global: Telepresence Equipment Market: Breakup by Form Factor (in %), 2022
Figure 6: Global: Telepresence Equipment Market: Breakup by Enterprise Size (in %), 2022
Figure 7: Global: Telepresence Equipment Market: Breakup by Industry Vertical (in %), 2022
Figure 8: Global: Telepresence Equipment Market: Breakup by Region (in %), 2022
Figure 9: Global: Telepresence Equipment (Multi-Codec Telepresence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Telepresence Equipment (Multi-Codec Telepresence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Telepresence Equipment (Personal Telepresence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Telepresence Equipment (Personal Telepresence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Telepresence Equipment (Immersive Telepresence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Telepresence Equipment (Immersive Telepresence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Telepresence Equipment (Room-based Telepresence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Telepresence Equipment (Room-based Telepresence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Telepresence Equipment (End-Points) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Telepresence Equipment (End-Points) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Telepresence Equipment (Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Telepresence Equipment (Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Telepresence Equipment (Large Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Telepresence Equipment (Large Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Telepresence Equipment (Medium Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Telepresence Equipment (Medium Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Telepresence Equipment (Small Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Telepresence Equipment (Small Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Telepresence Equipment (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Telepresence Equipment (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Telepresence Equipment (Education) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Telepresence Equipment (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Telepresence Equipment (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Telepresence Equipment (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Telepresence Equipment (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Telepresence Equipment (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Telepresence Equipment (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Telepresence Equipment (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Telepresence Equipment (Scientific) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Telepresence Equipment (Scientific) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Telepresence Equipment (Construction and Engineering) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Telepresence Equipment (Construction and Engineering) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Telepresence Equipment (Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Telepresence Equipment (Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Telepresence Equipment (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Telepresence Equipment (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: North America: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: North America: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: United States: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: United States: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Canada: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Canada: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Asia-Pacific: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Asia-Pacific: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: China: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: China: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Japan: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Japan: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: India: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: India: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: South Korea: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: South Korea: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Australia: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Australia: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Indonesia: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Indonesia: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Europe: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Europe: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Germany: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Germany: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: France: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: France: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: United Kingdom: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: United Kingdom: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Italy: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Italy: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Spain: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Spain: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Russia: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Russia: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Latin America: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Latin America: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Brazil: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Brazil: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Mexico: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Mexico: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Others: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Others: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Middle East and Africa: Telepresence Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Middle East and Africa: Telepresence Equipment Market: Breakup by Country (in %), 2022
Figure 93: Middle East and Africa: Telepresence Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Global: Telepresence Equipment Industry: SWOT Analysis
Figure 95: Global: Telepresence Equipment Industry: Value Chain Analysis
Figure 96: Global: Telepresence Equipment Industry: Porter's Five Forces Analysis
Table 1: Global: Telepresence Equipment Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Telepresence Equipment Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Telepresence Equipment Market Forecast: Breakup by Form Factor (in Million US$), 2023-2028
Table 4: Global: Telepresence Equipment Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
Table 5: Global: Telepresence Equipment Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 6: Global: Telepresence Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Telepresence Equipment Market: Competitive Structure
Table 8: Global: Telepresence Equipment Market: Key Players
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