The global telepresence market size is expected to reach USD 10.96 Billion in 2030 and register a steady revenue CAGR of 19.6% over the forecast period, according to latest analysis by Emergen Research. Steady telepresence market revenue growth can be attributed to growing need to reduce traveling costs and carbon footprint across small and large enterprises. Corporate travel is declining as a result of rising cost of fuel, which has reached USD 125 a barrel, and threat of global warming and climate change. Telepresence, which is a recent innovation in communication, is aiding progress in many endeavors to reduce significant environmental impact. According to Nortel Networks, telepresence and videoconferencing technologies are increasingly important tools for businesses looking to enhance collaboration and lower their carbon footprints. Businesses are asking how they can strengthen their collaboration without having to travel. The advantages of telepresence are obvious: substantial travel expense savings; increased productivity, and lower carbon footprint. Telepresence will benefit any organization with many locations.

Furthermore, the report supplies an in-depth understanding and insight into the leading manufacturers and players with a brief overview of their business. This section deals with the latest business moves, product launches, strategic collaborations, technological advancements, and profitable business ventures. The report also includes revenue estimations and CAGR of the Telepresence market in the coming years. The global Telepresence market report includes a comprehensive analysis of the top players of the market and their market scope through advanced analytical tools. Tools such as Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis are used to analyze their growth patterns and market scope for the forecast period of 2020-2027.

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 The leading market contenders listed in the report are:

Cisco Systems, Inc., Plantronics, Inc., Huawei Technologies Co., Ltd., ZTE Corporation, Lifesize, Avaya, Inc., Vidyo, Inc., VGo Communications, Teliris, Inc., Array Telepresence, Inc.

Key reasons to buy the Global Telepresence Market report:

1. The latest report comprehensively studies the global Telepresence market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Telepresence Market

• Component & Services Outlook (Revenue, USD Billion; 2019-2030)

  • Hardware
    1. Displays
    2. Projectors
    3. Camera
    4. Sensors
    5. Audio Device
    6. Lighting
    7. Processors
    8. Interfaces
    9. Others
  • Software
    1. Cloud Computing Software
    2. Audio-Video Communication Software
    3. Server
  • Services

• System Type Outlook (Revenue, USD Billion; 2019-2030)

  • Static Telepresence
    1. Immersive Telepresence
    2. Personal Telepresence
    3. Holographic Telepresence
  • Remote Telepresence Systems
    1. Robotic Telepresence Systems

• Industry Outlook (Revenue, USD Billion; 2019-2030)

  • Industry Dynamics & Market Share, 2022 & 2030
  • Enterprise Industry
    1. Government
    2. Private
  • Healthcare Industry
  • Commercial Industry
    1. Retail
    2. Advertising
    3. Designing
  • Consumer Industry
    1. Sports
    2. Entertainment
  • Education Industry
  • Manufacturing Industry
    1. Energy
  • Other Industries
    1. Construction
    2. Engineering
    3. Space Application

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 Regional Outlook of the Telepresence Market

The global Telepresence market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Telepresence market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Telepresence Market report:

1. The latest report comprehensively studies the global Telepresence market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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