Market Share of Video Conferencing Hardware Industry
The video conferencing hardware market is consolidated as global players innovate their products to provide cost-benefit offers to users, which creates high rivalry among market competitors. Major players with a prominent share in the market are focusing on expanding their customer base across foreign countries by leveraging strategic collaborative initiatives to increase their market share and profitability. Key players are Cisco System Inc., Logitech International SA, Jabra, EPOS, Huawei Technologies Co. Ltd, etc.
- March 2024: Cisco announced the launch of a new multifunction device purpose-built to deliver a modernized collaboration experience for today's hybrid workforce. Cisco Board Pro G2 is an AI-powered, touch-enabled collaboration device. The Cisco Desk Phone 9800 Series is designed to deliver a modern, personalized productivity hub to every desk.
- January 2024: Barco announced the launch of ClickShare Bar, an innovative video bar that enables wireless conferencing in medium-sized and small meeting rooms. This video bar enhances the renowned ClickShare experience with high quality audio and video features intelligently integrated into one powerful device. ClickShare Bar is easy to install, has a low total cost of ownership, and offers unparalleled flexibility.
Video Conferencing Hardware Market Leaders
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Cisco System, Inc.
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Logitech International S.A
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Jabra
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Huawei Technologies Co., Ltd.
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EPOS
*Disclaimer: Major Players sorted in no particular order
