The value of video conferencing hardware is approaching $4 billion, according to Futuresource's recent disclosure.
The global video conferencing hardware market is projected to witness steady growth over the coming years, with shipments expected to reach approximately four million units by the end of 2025, marking an 8% year-on-year increase. According to a report by Futuresource Consulting, the total category value is anticipated to hit $4 billion this year, with this positive growth momentum continuing through 2029.
Several key factors are driving this growth. The increasing resilience in the industry, despite policy uncertainty and shifting enterprise demands, is linked to the broader adoption of hybrid and remote work models. There is also a growing demand for integrated communication solutions that combine video conferencing, IP telephony, and messaging on unified platforms.
Investment in the market is being driven by the ongoing digital transformation in workplaces, which requires modern equipment to support strategic collaboration and communication goals. Enterprises adapting to new working approaches are prioritizing video conferencing hardware as part of their unified communications and collaboration strategies.
Participant experience remains a core design priority across the video conferencing market, influencing product development, particularly in multi-vendor setups and flexible workspaces. Vendors are being tested on various fronts, including geopolitics and platform realignments, but there is also a significant opportunity for growth for those who align with evolving workflows, changing software ecosystems, and new user expectations.
One trend to watch is the forecast that video bars will overtake meeting room cameras as the most common video conferencing form factor by 2029. Logitech remains the largest global vendor by volume in the cloud conferencing peripherals market, holding an 18 percent market share at the end of 2024.
However, the market is not without challenges. For instance, the scheduled end of support for Windows 10 in October 2025 may delay procurement cycles due to a complex and time-consuming upgrade path for many video conferencing systems and adjacent AV technologies.
The report by Futuresource Consulting, titled "Global Video Conferencing Market Review", provides insights into the current state and future trends of the video conferencing market. It is available for purchase or inquiry by contacting Johnny Woodman at [email protected] or visiting the provided link.
As the video conferencing market undergoes a moment of real opportunity, those that can adapt to evolving workflows, changing software ecosystems, and new user expectations will lead the next wave of growth. Differentiating Android-based video bars is becoming challenging for manufacturers, with the growing influence of Microsoft's Android-based MDEP reshaping video bar development.
In conclusion, the global video conferencing hardware market is poised for sustained expansion, driven by the evolving business communication landscape. The report by Futuresource Consulting offers valuable insights into this dynamic market, helping businesses make informed decisions about their investment strategies.
- Strategic collaborations between technology companies and finance institutions are expected to drive the investment in video conferencing hardware, as modern workplaces continue to prioritize unified communication and collaboration solutions.
- Integrated signage systems, taking advantage of advancements in audio technology, are anticipated to become a trend in the design of video conferencing solutions, providing seamless communication and collaboration experiences in the hybrid work environment.
