Video conferencing software enables hosting live video conferences between two or more participants located in different locations with the help of computer networks that transmit data (in the form of audio, video, or text). This software allows several organizations to operate efficiently by enabling people to work from home. Currently, video conferencing software is being used by businesses of all sizes to remain connected with their global partners and employees. This software also helped increase productivity as well as reduce operational costs.
360Quadrants has released a quadrant on Best video conferencing software to help businesses make quicker and more informed decisions for their business. Ranking Quadrants are generated post-analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the best video conferencing software industry. 360Quadrants conducts an in-depth SWOT analysis which helps service providers in learning about new opportunities and areas where they lag behind their peers. It also helps clients in choosing the most appropriate vendor for their requirements.
categorization of video conferencing software providers
30+ companies offering best video conferencing software services were evaluated, of which, 20 companies were shortlisted and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Leaders.
Zoom, Skype, Cisco, Microsoft, BlueJeans, TeamViewer, GoToMeeting, join.me, Adobe Connect, UberConference, Whereby, and Lifesize have been identified as visionary leaders as they have established product portfolios and a robust market presence and business strategy. These vendors have been operational in the Video Conferencing Software market by offering highly customized and easily deployable software for commercial clients. They adopt robust business strategies to achieve growth in the market.
Amazon Chime, Biitrix24, Vidyo, and Fuze have been identified as innovators as these companies have an innovative portfolio. These companies have the potential to adopt strong business strategies for their business growth. These vendors have been providing the best Video Conferencing Software offerings as per their customer demands.
Oovoo and Rocket.chat have been identified as the emerging players in the Best Video Conferencing Software market. These companies are specialized in offering niche and personalized solutions and services to clients. These companies have also been focused on making acquisitions and improving their sales abilities in numerous regions to offer their integrated services to a wide range of clients.
Spike and Gruveo have been recognized as dynamic differentiators as they have a strong portfolio of the Best Video Conferencing Software solutions and services. They also have a widespread network of channel partners and resellers to upsurge the deployment of their services across various verticals.
360Quadrants Company Evaluation Methodology
Top Video Conferencing Software companies will be rated using the following methodology:
360Quadrants is the largest marketplace looking to disrupt USD 3.7 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
360Quadrants will also be launching quadrants in fields like Video Surveillance Systems, Medical Alert Systems, and Virtual Machine Software.
Video conferencing solutions is an online communication tool that enables users to hold audio meetings, webinars, video meetings, and other forms of remote collaboration sessions. These solutions include chat, recording, and screen sharing features and are used for long-distance communication and enhanced collaboration. In an organization, employees at every level can make use of video conferencing solutions in order to host or participate in digital meetings with colleagues, customers, or other stakeholders regardless of where the attendees are located physically. TeamViewer is an online meeting and video conferencing solution that has multi-faceted functionality for all-in-one business collaboration solution.
Bitrix24 provides a suite of social collaboration, communication, and management tools. The software offers CRM, files sharing, project management, calendars, etc. It is available in cloud and on premise. Bitrix24 is an open-source online video conferencing solutions (the self-hosted version that can be installed on your server). It offers all the high-end features of video conferencing solutions including mobile video conferencing, screen sharing, and HD video conferencing. Bitrix24 enables to share files, create group tasks, collaborate on documents and do much more. Unified Real Time Collaboration – Along with video conferencing, Bitrix24 provides team chat, mobile messaging, file sharing, group calendars, project management, online document editing, collaboration and virtual PBX in one solution.
3CX is a software-based private branch exchange (PBX) company grounded on Session Initiation Protocol standard. The company was founded by Nick Galea in 2005. It is headquartered in Florida, USA. 3CX is a business leader in VoIP and Unified Communications (UC) technology. The company serves across all industries in more than 190 countries. 3CX offers outstanding business broadcasting experiences with its WebRTC technology. WebRTC technology provides an uninterrupted video conferencing solution without any inconvenience of downloading the applications or plugins. 3CX provides a mobile application or mobile optimized website to video conference from smartphones or tablets.
BlueJeans is a solution for the modern workplace that provides high-quality and secure video conferencing. This cloud-based platform helps users host efficient meetings and provides seamless integration with leading productivity planning and messaging tools. BlueJeans is the meetings platform that brings video, audio and web conferencing together on the collaboration tools. It is simple to use, the user can work productively where and how they want. BlueJeans Video Conferencing is a cloud service that connects desktops, mobile devices and room systems in one video meeting. It offers text chat, content sharing, multiple participants and meeting recording through its products such as Blue Jeans Meetings, Blue Jeans Events and Blue Jeans Rooms.
Video conferencing is a visual communication session between two or more users regardless of their location, featuring audio and video content transmission in real-time. Video conferencing solutions empowers online communication for audio meetings, video meetings, and seminars, with built-in features such as chat, screen sharing, and recording. Video conferencing is a modern high-tech communication tool for increasing efficiency for businesses, optimizing and accelerating decision-making processes, and cutting customers and company staff travel costs. One of main benefits of video conferencing are effective meetings which helps in the exchange of non-verbal communications and a better sense of community among business calls, which include inside and outside companies, also with customers.
Video conferencing solutions is an online communication tool that enables users to hold audio meetings, webinars, video meetings, and other forms of remote collaboration sessions. These solutions include chat, recording, and screen sharing features and are used for long-distance communication and enhanced collaboration. In an organization, employees at every level can make use of video conferencing in order to host or participate in digital meetings with colleagues, customers, or other stakeholders regardless of where the attendees are located physically. Cisco Webex Meetings is a comprehensive solution that allows users to participate in seamless multichannel communications across platforms through audio calls, video meetings, webinars, and collaboration meeting rooms.
Video Conferencing Market is likely to reach USD 45 billion by the end of 2026, according to 360Quadrants analysis. The rising demand for video conferencing is shaping the market growth. Quicker acceptance of cloud-based solutions and amalgamation of 3D technology have improved the quality of communication. Video conference solutions also offer immersive telepresence and real depiction of all members. It ensures real-time interactions of members in a conference room. In addition, the technology providers are also assimilating ground-breaking technologies, such as AR/VR, for spreading the capabilities of solutions. Also, there has been a momentous rise in the practice of telepresence in the education and healthcare areas as it provides a realistic way of communication amongst the participants
Video conferencing software helps in hosting live video conferences between two or more participants located in different locations. Video conferencing can be conducted with the help of computer networks. Video conferencing enables businesses to operate efficiently by allowing teams to work from home and is also considered to be a more effective means of communication than emails and phone calls.