The convenience of video conferencing in business is unmatched, so it comes as no surprise that it is growing globally—and especially so in countries that outsource business processes or embrace remote work. By the end of 2027, the global video conferencing market is projected to reach $19.1 billion, up from $10.6 billion in 2022. As it stands now, Indonesia tops the list in both video call frequency and duration: a report by MarketsandMarkets found that Indonesian citizens make video calls that are 10% longer than the global average.
A 2024 study from Research and Markets found that the video conferencing industry is poised to reach $22.21 billion by 2030. Growth in the rapidly evolving market is being fueled by ongoing remote work trends and cutting-edge advancements in tech, among other factors.
Story editing by Jeff Inglis and Alizah Salario. Additional editing by Kelly Glass. Copy editing by Tim Bruns.