Global Telepresence Equipment Market to reach USD XX million by 2027.Global Telepresence Equipment Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Telepresence refers to an integrated solution that enables seamless collaboration among people at remote locations. It consists of components such as codec, microphone, speaker and monitor. Growing applications in sectors such as education, healthcare, government and others are driving the market growth. Rapid adoption of 5G technology, strategic initiatives by market players and launch of innovative products by market players are injecting growth in the market. Such as, according to Statista, number of 5G connections in North America has increased from 4 million in 2019 to 14 million in 2020, and is projected to reach 410 million by 2025. Also, in March 2021, Ava Robotics partnered with SIGNA and FRINK Advanced Services, to create a digital, remote sales experience via Ava's telepresence robots. Furthermore, rapid growth in digital education after occurrence of COVID-19 pandemic and technological advancements are the factors expected to lead the market towards positive growth in the coming years. However, high cost of installation and limitations regarding the user experience of this technology may hamper the growth in near future.

North America is dominating the world market in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, due to rising usage of telepresence equipment in large and medium-sized enterprises. Whereas, Asia Pacific is expected to grow with the highest growth rate during forecast period, owing to growing use in education sector and corporate offices.
Major market player included in this report are:

Avaya Inc.
Cisco Systems, Inc.
Array Telepresence
Huawei Technologies Co. Ltd.
Indorama Ventures Public Company Limited
Polycom, Inc.
Vidyo Inc.
ZTE Corporation
HP Inc.
Sony Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End user:
Large Enterprise
Medium Enterprise
Small Enterprise
By Type:
Multi-Codec Telepresence
Personal Telepresence
Immersive Telepresence
Room based Telepresence
By Form Factor:
End-Points
Infrastructure
By Vertical:
Healthcare
Education
Pharmaceuticals
Government
Commercial
Scientific
Construction & Engineering
Entertainment
Others



By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Telepresence Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors