Product Code: 5132
Web Real-Time Communication (WebRTC) Market is projected to grow substantially during 2023-2032, owing to the rising work-from-home trend that has empowered organizations to deploy WebRTC services to increase network security. Web real-time communication offers opportunities for instant updates and feedback, prompt access to shared documents, and little to no room for misunderstandings. In addition, the rising acceptance of several technologies, including cloud computing, traffic on the network, Voice over Internet Protocol (VoIP), and connected devices, has put stress on the network, which in turn is estimated to propel the adoption of WebRTC services in the future.
The WebRTC communication standards are still under development, which is expected to hinder market growth through the estimated time frame. However, the deployment of 5G technology across enterprises is supporting enhance the business, especially in e-sports streaming, interactive advertising, personal broadcasting, and educational broadcasting, which is projected to positively impact the market outlook by 2032.
Overall, the real-time web communication (WebRTC) industry is segmented in terms of component, solution, enterprise size, end-user, and region.
Based on the component, the service segment is expected to grow considerably through 2032. The growth can be attributed to the rising emphasis of several WebRTC services and solution providers on developing innovative solutions and undertaking acquisitions and mergers. To cite an instance, in 2022, Microsoft acquired Peer5 to enhance live video streaming in Microsoft Teams. With this move, Microsoft plans to build a better hybrid workplace for a new communications era.
Considering the solution, the voice calling and conferencing segment held over 41% market share in 2022 and is expected to register massive growth through 2032. Lower costs, complete portability, higher scalability, increased accessibility, advanced features for small and large teams, and clearer voice quality are the key factors that will drive the demand for voice calling and conferencing during 2023-2022.
Based on enterprise size, the SMEs segment held more than 22% market share in 2022 and is expected to register positive gains throughout the projected time. The rise of remote working and work-from-home options has urged SMEs to switch to WebRTC solutions to enable employees communicate with remote coworkers and build a flexible environment. Cost-saving advantages offered by cloud-based arrangements of web-based real-time communication solutions are further projected to spur adoption in SMEs, augmenting the market outlook through 2032.
By end-user, the IT and telecom sector held a market share of approximately 33% in 2022 and is slated to grow exponentially during 2023-2032. The dynamics, such as the COVID-19 pandemic, have revolutionized the IT industry ecosystem. Many businesses have shifted to the remote working policy, further expediting the demand for BYOD policies and secure & robust communication solutions.
Regionally, the North America WebRTC market held approximately 37% market share in 2022 and is estimated to witness robust growth through 2032. The growth can be credited to the rising presence of the leading market players who are constantly engaging in offering industry-specific WebRTC-based communication solutions that are both cost-effective and user-friendly.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates & forecast
- 1.3 Forecast calculations
- 1.4 Data Sources
- 1.4.1 Secondary
- 1.4.2 Primary
- 1.5 Industry Glossary
Chapter 2 Executive Summary
- 2.1 Web Real-Time Communication (WebRTC) industry 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.2.1 Total addressable market (TAM) trends, 2023 - 2032
- 2.3 Regional trends
- 2.4 Component trends
- 2.5 Enterprise Size trends
- 2.6 Application trends
Chapter 3 Web Real-Time Communication (WebRTC) Industry Insights
- 3.1 Introduction
- 3.2 Impact of COVID-19 outbreak
- 3.2.1 By region
- 3.2.1.1 North America
- 3.2.1.2 Europe
- 3.2.1.3 Asia Pacific
- 3.2.1.4 Latin America
- 3.2.1.5 Middle East & Africa
- 3.3 Impact analysis of Russia-Ukraine war
- 3.4 Technological evolution
- 3.5 Web Real-Time Communication (WebRTC) industry ecosystem analysis
- 3.5.1 Software providers
- 3.5.2 Web browser providers
- 3.5.3 System integrator
- 3.5.4 End-users
- 3.5.5 Profit margin analysis
- 3.5.6 Vendor matrix
- 3.6 Technology & innovation landscape
- 3.6.1 5G Network
- 3.6.2 IoT
- 3.6.3 Artificial Intelligence (AI)
- 3.7 Patent analysis
- 3.8 Investment portfolio
- 3.9 Key news & initiatives
- 3.10 Regulatory landscape
- 3.10.1 International Standards
- 3.10.2 North America
- 3.10.3 Europe
- 3.10.4 Asia Pacific
- 3.10.5 Latin America
- 3.10.6 MEA
- 3.11 Industry impact forces
- 3.11.1 Growth drivers
- 3.11.1.1 Growing popularity of the BYOD trend
- 3.11.1.2 Rising Work-from-Home trend
- 3.11.1.3 Increasing demand for secure and robust communication solutions
- 3.11.1.4 Growing demand for WebRTC across SMEs
- 3.11.1.5 Increasing preference for online education
- 3.11.2 Industry pitfalls & challenges
- 3.11.2.1 Interoperability concerns across web browsers
- 3.11.2.2 Lack of standardization
- 3.12 Growth potential analysis
- 3.13 Porter's analysis
- 3.13.1 Bargaining power of suppliers
- 3.13.2 Bargaining power of buyers
- 3.13.3 The threat of new entrants
- 3.13.4 The threat of substitute
- 3.13.5 Competitive rivalry
- 3.14 PESTEL analysis
- 3.14.1 Political
- 3.14.2 Economic
- 3.14.3 Social
- 3.14.4 Technological
- 3.14.5 Legal
- 3.14.6 Environmental
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, by revenue, 2022
- 4.2.1 Competitive analysis of major players, 2022
- 4.2.1.1 Oracle Corporation
- 4.2.1.2 Twilio Inc.
- 4.2.1.3 Cisco System Inc.
- 4.2.1.4 Vonage
- 4.2.1.5 Sangoma Technologies Corporation
- 4.2.2 Competitive analysis of market innovators, 2022
- 4.2.2.1 Avaya Inc.
- 4.2.2.2 Ribbon Communications U.S. LLC
- 4.2.2.3 Dialogic Corporation
- 4.2.2.4 Agora Lab, Inc.
- 4.2.2.5 Polycom
- 4.2.3 Vendor adoption matrix
- 4.2.4 Strategic outlook matrix
Chapter 5 Web Real-Time Communication (WebRTC) Market, By Component
- 5.1 Key trends, by component
- 5.2 Solution
- 5.2.1 market estimates and forecast, 2018 - 2032
- 5.2.2 Voice Calling & Conferencing
- 5.2.2.1 market estimates and forecast, 2018 - 2032
- 5.2.3 Messaging & File Sharing
- 5.2.3.1 market estimates and forecast, 2018 - 2032
- 5.2.4 Video Calling & Conferencing
- 5.2.4.1 market estimates and forecast, 2018 - 2032
- 5.3 Service
- 5.3.1 market estimates and forecast, 2018 - 2032
Chapter 6 Web Real-Time Communication (WebRTC) Market, By Enterprise Size
- 6.1 Key trends, by enterprise size
- 6.2 Large Enterprise
- 6.2.1 market estimates and forecast, 2018 - 2032
- 6.3 SMEs
- 6.3.1 market estimates and forecast, 2018 - 2032
Chapter 7 Web Real-Time Communication (WebRTC) Market, By Application
- 7.1 Key trends, by application
- 7.2 IT & Telecom
- 7.2.1 market estimates and forecast, 2018 - 2032
- 7.3 BFSI
- 7.3.1 market estimates and forecast, 2018 - 2032
- 7.4 Government & Defense
- 7.4.1 market estimates and forecast, 2018 - 2032
- 7.5 Healthcare
- 7.5.1 market estimates and forecast, 2018 - 2032
- 7.6 Retail
- 7.6.1 market estimates and forecast, 2018 - 2032
- 7.7 Media & Entertainment
- 7.7.1 market estimates and forecast, 2018 - 2032
- 7.8 Others
- 7.8.1 market estimates and forecast, 2018 - 2032
Chapter 8 Web Real-Time Communication (WebRTC) Market, By Region
- 8.1 Key trends, by region
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2018- 2032
- 8.2.2 Market estimates & forecast, by Component, 2018- 2032
- 8.2.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.2.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.2.4 Market estimates & forecast, by Application, 2018- 2032
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2018- 2032
- 8.2.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.2.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.2.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.2.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2018- 2032
- 8.2.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.2.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.2.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.2.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2018- 2032
- 8.3.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.5 UK
- 8.3.5.1 Market estimates and forecast, 2018- 2032
- 8.3.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.6 Germany
- 8.3.6.1 Market estimates and forecast, 2018- 2032
- 8.3.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2018- 2032
- 8.3.7.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.7.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.7.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.7.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2018- 2032
- 8.3.8.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.8.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.8.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.8.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.9 Spain
- 8.3.9.1 Market estimates and forecast, 2018- 2032
- 8.3.9.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.9.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.9.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.9.4 Market estimates & forecast, by Application, 2018- 2032
- 8.3.10 Netherlands
- 8.3.10.1 Market estimates and forecast, 2018- 2032
- 8.3.10.2 Market estimates & forecast, by Component, 2018- 2032
- 8.3.10.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.3.10.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.3.10.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018- 2032
- 8.4.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2018- 2032
- 8.4.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.6 Japan
- 8.4.6.1 Market estimates and forecast, 2018- 2032
- 8.4.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.7 India
- 8.4.7.1 Market estimates and forecast, 2018- 2032
- 8.4.7.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.7.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.7.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.7.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.8 ANZ
- 8.4.8.1 Market estimates and forecast, 2018- 2032
- 8.4.8.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.8.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.8.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.8.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.9 South Korea
- 8.4.9.1 Market estimates and forecast, 2018- 2032
- 8.4.9.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.9.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.9.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.9.4 Market estimates & forecast, by Application, 2018- 2032
- 8.4.10 Southeast Asia
- 8.4.10.1 Market estimates and forecast, 2018- 2032
- 8.4.10.2 Market estimates & forecast, by Component, 2018- 2032
- 8.4.10.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.4.10.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.4.10.4 Market estimates & forecast, by Application, 2018- 2032
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018- 2032
- 8.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2018- 2032
- 8.5.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.5.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.5.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.5.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2018- 2032
- 8.5.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.5.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.5.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.5.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.5.7 Argentina
- 8.5.7.1 Market estimates and forecast, 2018- 2032
- 8.5.7.2 Market estimates & forecast, by Component, 2018- 2032
- 8.5.7.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.5.7.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.5.7.4 Market estimates & forecast, by Application, 2018- 2032
- 8.5.8 Colombia
- 8.5.8.1 Market estimates and forecast, 2018- 2032
- 8.5.8.2 Market estimates & forecast, by Component, 2018- 2032
- 8.5.8.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.5.8.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.5.8.4 Market estimates & forecast, by Application, 2018- 2032
- 8.6 MEA
- 8.6.1 Market estimates and forecast, 2018- 2032
- 8.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.6.5 South Africa
- 8.6.5.1 Market estimates and forecast, 2018- 2032
- 8.6.5.2 Market estimates & forecast, by Component, 2018- 2032
- 8.6.5.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.6.5.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.6.5.4 Market estimates & forecast, by Application, 2018- 2032
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimates and forecast, 2018- 2032
- 8.6.6.2 Market estimates & forecast, by Component, 2018- 2032
- 8.6.6.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.6.6.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.6.6.4 Market estimates & forecast, by Application, 2018- 2032
- 8.6.7 UAE
- 8.6.7.1 Market estimates and forecast, 2018- 2032
- 8.6.7.2 Market estimates & forecast, by Component, 2018- 2032
- 8.6.7.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.6.7.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.6.7.4 Market estimates & forecast, by Application, 2018- 2032
- 8.6.8 Israel
- 8.6.8.1 Market estimates and forecast, 2018- 2032
- 8.6.8.2 Market estimates & forecast, by Component, 2018- 2032
- 8.6.8.2.1 Market estimates & forecast, by Solution, 2018- 2032
- 8.6.8.3 Market estimates & forecast, by Enterprise Size, 2018- 2032
- 8.6.8.4 Market estimates & forecast, by Application, 2018- 2032
Chapter 9 Company Profiles
- 9.1 Agora Lab, Inc.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 Avaya Inc.
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 CaféX Communications, Inc.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 Cisco System Inc.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
- 9.5 Dialogic Corporation
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 Enghouse Systems Limited
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 Google LLC
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 Oracle Corporation
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
- 9.9 Oxagile, LLC
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 Plivo Inc.
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 Polycom
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 Quobis
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 Ribbon Communications US LLC
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 Sangoma Technologies Corporation
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
- 9.15 Temasys Communications
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 Twilio Inc.
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
- 9.17 Vonage Holding Corp.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
- 9.18 WebRTC.Ventures
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis