1 Video Conferencing Equipment Market Type Definition and Market Share in 2023
Collaboration Room Endpoint is a multi-functional presentation system that integrates various functions to transform and enhance existing conference rooms, providing distributed teams with a face-to-face meeting and collaboration experience.
Collaboration Personal Endpoint eliminates distractions, keeps meetings productive, and makes virtualization personal, such as mobile endpoints, headsets, and business phones.
Figure Global Sales Volume Market Share of Video Conferencing Equipment by Types in 2023
2 Global Video Conferencing Equipment Sales Volume and Market Share by Types (2019-2024)
From 2019 to 2024, global sales of video conferencing equipment have shown a distinct upward trend. The volume of Collaboration Room Endpoints has demonstrated significant growth, beginning at 1540.6 K units in 2019 and projected to reach 2611.0 K units by 2024. Similarly, the Collaboration Personal Endpoint category has also seen an increase, rising from 209.5 K units in 2019 to an estimated 353.8 K units in 2024.
The total sales volume of video conferencing equipment has been consistently growing year over year, reflecting the increasing demand for such technology. In 2019, the total sales volume was 1750.1 thousand units, and it is expected to increase to 2964.8 thousand units by 2024. The data indicates that video conferencing equipment is gaining popularity, likely due to the rising need for remote communication solutions in both professional and personal settings. The steady growth in both types of endpoints suggests that video conferencing technology is being widely adopted across various user segments.
Table Global Video Conferencing Equipment Sales Volume (K Units) by Types (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Collaboration Room Endpoint | 1540.6 | 1764.2 | 2030.5 | 2161.0 | 2334.5 | 2611.0 |
Collaboration Personal Endpoint | 209.5 | 242.5 | 275.8 | 296.9 | 318.6 | 353.8 |
Total | 1750.1 | 2006.7 | 2306.4 | 2457.9 | 2653.1 | 2964.8 |
From 2019 to 2024, the global sales volume share of video conferencing equipment by type shows that Collaboration Room Endpoints consistently hold a significant majority of the market, remaining around 88% over the years. Starting at 88.03% in 2019, there is slight fluctuation, but the share for Collaboration Room Endpoints remains stable, with a minor increase to 88.07% by 2024. In contrast, Collaboration Personal Endpoints hold a smaller share of the market, with a slight variation around 12%. In 2019, this category accounted for 11.97% of sales, saw a slight increase to 12.08% in 2020, and then a minor decrease to 11.93% by 2024.
The total sales volume share for both types of video conferencing equipment sums to 100% each year, which is typical for market share data as it represents the entire market. The continued dominance of Collaboration Room Endpoints suggests a preference or greater need for room-based video conferencing solutions in professional settings. Meanwhile, the relatively stable share of Collaboration Personal Endpoints indicates a steady demand for personal use, likely driven by individual users or small teams requiring video conferencing capabilities. The subtle changes in the market share percentages reflect the dynamic nature of the video conferencing equipment market and the diverse needs of its users.
Table Global Video Conferencing Equipment Sales Volume Share by Types (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Collaboration Room Endpoint | 88.03% | 87.92% | 88.04% | 87.92% | 87.99% | 88.07% |
Collaboration Personal Endpoint | 11.97% | 12.08% | 11.96% | 12.08% | 12.01% | 11.93% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
3 Global Video Conferencing Equipment Revenue and Market Share by Types (2019-2024)
In the global video conferencing equipment market from 2019 to 2024, both collaboration room endpoints and collaboration personal endpoints have shown a strong upward trend in revenue. The revenue for Collaboration Room Endpoints is expected to increase significantly from $2,150.48 million in 2019 to $3,556.21 million by 2024. Collaboration Personal Endpoints also demonstrate notable growth, rising from $231.96 million in 2019 to an estimated $381.80 million by 2024.
The total revenue for video conferencing equipment is projected to increase substantially, starting at $2,382.44 million in 2019 and reaching an estimated $3,938.01 million by 2024. The ongoing growth in both types of endpoints reflects the growing dependence on video conferencing technology across various industries, driven by the need for effective communication tools in both professional and personal settings. This data underscores the importance of video conferencing equipment in facilitating remote interactions and enhancing productivity, as the world increasingly adopts flexible work patterns and digital communication solutions.
Table Global Video Conferencing Equipment Revenue (M USD) by Types (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Collaboration Room Endpoint | 2150.48 | 2433.25 | 2913.78 | 3025.54 | 3247.37 | 3556.21 |
Collaboration Personal Endpoint | 231.96 | 265.85 | 313.85 | 330.43 | 351.84 | 381.80 |
Total | 2382.44 | 2699.10 | 3227.62 | 3355.97 | 3599.21 | 3938.01 |
During the period from 2019 to 2024, Collaboration Room Endpoints have maintained a stable and dominant position, consistently holding about 90% of the market share. Starting at 90.26% in 2019, there has been a slight fluctuation, with the share slightly increasing to 90.30% by 2024. This indicates a strong and sustained preference for room-based video conferencing solutions in both professional and personal environments.
On the other hand, Collaboration Personal Endpoints have a smaller but steady share of the market, with slight variations ranging from 9.7% to 9.85%. In 2019, this category accounted for 9.74% of the market share, saw a slight rise to 9.85% in both 2020 and 2022, and then a minor decrease to 9.70% by 2024.
Table Global Video Conferencing Equipment Revenue Share by Types (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Collaboration Room Endpoint | 90.26% | 90.15% | 90.28% | 90.15% | 90.22% | 90.30% |
Collaboration Personal Endpoint | 9.74% | 9.85% | 9.72% | 9.85% | 9.78% | 9.70% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
4 Global Video Conferencing Equipment Market Price Analysis by Type (2019-2024)
During the period from 2019 to 2024, the price for collaboration room endpoints has experienced slight fluctuations, starting at $1,396 in 2019, dropping to $1,379 in 2020, peaking at $1,435 in 2021, and then slightly decreasing to an estimated $1,362 by 2024. The price for collaboration personal endpoints has also varied, beginning at $1,107 in 2019, decreasing to $1,096 in 2020, increasing to $1,138 in 2021, and then gradually decreasing to an estimated $1,079 by 2024.
The average price for both types of endpoints has remained relatively stable, with a slight increase from $1,361 in 2019 to $1,399 in 2021, followed by a minor decrease to an estimated $1,328 by 2024. These figures suggest that, in terms of pricing, there is an overall stable trend with a slight dip towards the end of the forecast period. The consistency in pricing may indicate a mature market where technological advancements and competition have stabilized prices.
Table Global Video Conferencing Equipment Price (USD/Unit) by Types (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Collaboration Room Endpoint | 1396 | 1379 | 1435 | 1400 | 1391 | 1362 |
Collaboration Personal Endpoint | 1107 | 1096 | 1138 | 1113 | 1104 | 1079 |
Average | 1361 | 1345 | 1399 | 1365 | 1357 | 1328 |
5 Video Conferencing Equipment Market Estimates and Projections by Types (2024-2030)
From 2024 to 2030, global sales volumes of video conferencing equipment indicate a significant growth trajectory for both Collaboration Room Endpoints and Collaboration Personal Endpoints. The sales volume for Collaboration Room Endpoints is expected to increase from 2,611.0 K units in 2024 to 4,788.2 K units by 2030. Similarly, the sales volume for Collaboration Personal Endpoints is projected to rise from 353.8 K units in 2024 to 638.7 K units in 2030.
The total sales volume of video conferencing equipment is anticipated to grow substantially, starting at 2,964.8 K units in 2024 and estimated to reach 5,427.0 K units by 2030. The robust growth in both types of endpoints reflects the increasing demand for video conferencing solutions across various environments, including professional, educational, and personal settings. The projected increase in sales volume suggests that video conferencing technology will continue to be a vital tool for communication and collaboration in the coming years.
Table Global Video Conferencing Equipment Sales Volume (K Units) Forecast by Types (2024-2030)
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Collaboration Room Endpoint | 2611.0 | 2929.9 | 3237.7 | 3561.0 | 3951.9 | 4366.7 | 4788.2 |
Collaboration Personal Endpoint | 353.8 | 401.2 | 438.2 | 487.4 | 537.4 | 589.4 | 638.7 |
Total | 2964.8 | 3331.1 | 3675.8 | 4048.4 | 4489.2 | 4956.1 | 5427.0 |
In the forecast for the global video conferencing equipment market share from 2024 to 2030, Collaboration room endpoints are expected to continue dominating the market with a share slightly above 88% throughout the projected period. Starting at 88.07% in 2024, there will be minor fluctuations, with the share slightly decreasing to 87.96% in 2025 and 2027, before increasing to 88.23% by 2030. This indicates a strong and consistent preference for room-based video conferencing solutions.
Collaboration personal endpoints are anticipated to maintain a smaller but significant market share, with slight variations around 12%. In 2024, this category is projected to hold 11.93% of the market share, with a slight increase to 12.04% in 2025 and 2027, and a minor decrease to 11.77% by 2030. The total market share for both types of video conferencing equipment will remain at 100% each year, which is typical for market share data as it represents the entire market. The projected market shares highlight the ongoing importance of both room and personal endpoints in meeting the diverse needs of video conferencing users worldwide.
Table Global Video Conferencing Equipment Market Share Forecast by Types (2024-2030)
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Collaboration Room Endpoint | 88.07% | 87.96% | 88.08% | 87.96% | 88.03% | 88.11% | 88.23% |
Collaboration Personal Endpoint | 11.93% | 12.04% | 11.92% | 12.04% | 11.97% | 11.89% | 11.77% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
