Argentina Video Conferencing Software Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Deployment Model (On-Premise, Cloud), By Enterprise Size (Small, Medium, Large) And By Industry Vertical (Education, Communication and Technology, Defense, Healthcare, BFSI, Others) - Forecasts From 2022 To 2027

Argentina video conferencing software market was valued at US$2.848 million in 2020. The market is projected to grow at a CAGR of 17.54% to attain a value of US$8.826 million by 2027. 

Increasing demand for video communication owing to the growing business globalization is significantly driving the demand for video conferencing software. In recent years, there has been a rapid rise in the number of online workshops, seminars, and conferences that are taking place in Argentina. As such, the demand for video conferencing software is growing substantially. The growing need for remote workforce management is positively impacting the market growth of video conferencing software in the country. The emerging popularity of distance education and virtual learning among Argentine students is attracting many online course providers to tap this market which, in turn, is also bolstering the video conferencing market growth in Argentina. Rising investments in telemedicine across the healthcare sector to offer a virtual remote presence will continue to spur the video conferencing software market growth in Argentina during the forecast period. Many health tech startups are entering this market to offer various telehealth platforms, with the growing adoption of digitalization across the country’s healthcare sector, thus propelling the video conferencing market growth.

The Argentine video conferencing software market has been segmented based on the deployment model, enterprise size, and industry vertical. By deployment model, the market has been segmented as on-premise and cloud. By enterprise size, the Argentine video conferencing software market has been classified into small, medium, and large. The market segmentation has also been done by industry vertical as education, communication and technology, defence, healthcare, BFSI, and others.

COVID-19 SCENARIO

The sector has a positive impact from COVID's growing influence. Even as businesses transition to digital models and operate remotely, data consumption keeps rising, necessitating the creation of a connectivity-centric ecosystem. Telecommunications companies have also begun to invest in private networks in order to minimize congestion issues and improve service quality. The software industry has reaped the benefits of COVID-19's growing influence. Due to the imposition of a comprehensive national lockdown in the country to limit the effects of the Coronavirus, a lot of firms adopted work-from-home strategies, which has boosted the market value of video conferencing solutions, as a business relies on video conferencing platforms to sustain quick and efficient conferences with employees from the comfort of their own homes.

Segmentation

• By Deployment Model
  • On-Premise
  • Cloud
• By Enterprise Size
  • Small
  • Medium
  • Large
• By Industry Vertical
  • Education
  • Communication and Technology
  • Defense
  • Healthcare
  • BFSI
  • Others

Cisco

Zoho Corporation Pvt. Ltd.

Google

Zoom Video Communications, Inc.

Microsoft