Brazil 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

Brazil video conferencing software market was valued at US$18.179 million in 2020. The market is projected to grow at a CAGR of 18.44% to attain a value of US$59.439 million by 2027. 

The growing adoption of digitalization across industries such as healthcare, BFSI, and education is significantly driving the market growth of video conferencing software in Brazil. The increasing proliferation of connected devices and internet penetration allows people to use video conferencing solutions efficiently. An increasing number of companies are expanding their offices and factories in Brazil owing to the favourable government policies and initiatives to boost economic growth. As such, the demand for video conferencing software is rising to set up long-distance meetings. Rising awareness among Brazilian students about online tutorials and learning solutions is also fuelling the market growth of video conferencing software in the country. The number of enrolments in distance learning in Brazilian private higher education is increasing at a noteworthy pace which, in turn, is positively impacting the video conferencing software market growth in the country. Rising healthcare costs and an increasing number of patients suffering from chronic diseases in Brazil encourage healthcare providers to offer telehealth solutions, thereby fuelling the video conferencing software market growth. For example, Cisco HealthPresence® solutions provide high-definition video, audio, and clinical information for patients, making healthcare solutions and services available to more people while improving the customer experience.

The Brazilian 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 Brazilian 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

Due to the rapid increase in the usage of video and teleconferencing systems over the past few years, the business has experienced tremendous growth, particularly during the COVID-19 epidemic that followed the lockdown limitations. With COVID-19, the entire workforce underwent a shift toward remote working, opening the door for hardware and video conferencing software. Applications like Microsoft Teams, an integrated part of Office 365 that is already used by the majority of businesses for end-to-end productivity with email and storage capabilities, saw phenomenal growth after the epidemic.

Segmentation

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

Microsoft

Cisco

Zoho Corporation Pvt. Ltd.

Zoom Video Communications, Inc.

Google