France 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

France video conferencing software market was valued at US$214.618 million in 2020. The market is projected to grow at a CAGR of 18.93% to attain a value of US$722.224 million by 2027. 

The growing globalization of businesses is augmenting the demand for video conferencing software in the country. Many global companies across various industries have their headquarters and offices in France. As such, the demand for video conferencing solutions is increasing to communicate with offices in other countries. The growing popularity of online learning is another major factor contributing to the market growth of video conferencing software in France. An increasing number of online learning startups are emerging in France, which will continue to bolster the video conferencing software market in the country. Increasing investments in telehealth solutions is also a factor that is projected to fuel the market growth of video conferencing software in France during the forecast period.    

France’s 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, France's 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 recent coronavirus outbreak has forced the French government to place the country under a restrictive lockdown in order to control the spread of this virus. As a result of social distancing and the shutdown of offices, companies are using video conferencing solutions to communicate with their employees working from home, thereby propelling the video conferencing software market growth. 

As a result of government lockdowns and the closure of offices, schools, and institutions, more people are embracing video conferencing systems for a range of objectives. Consumers and businesses are increasingly embracing video conferencing solutions to meet or learn digitally amid a crisis. As the coronavirus spreads throughout this area, a significant portion of the population and the healthcare system are being encouraged to use online solutions and services for medical consultations due to the concern of infection spread.  

KEY DEVELOPMENT

• Oct 2021- Thales and Google Cloud announced a strategic partnership to jointly create a French hyper-scale sovereign cloud offering. It will adhere to the standards of the French "Trusted Cloud" because it will be run by a joint venture with Thales as the primary stakeholder. French businesses and government agencies will now be able to take advantage of all the power, security, flexibility, agility, and sovereignty provided by the respective technologies of the two organisations.

Segmentation

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