Global Web Real-Time Communication Market Set to Reach USD 128 Billion by 2030

Straits Research is pleased to announce the release of its latest report on the global Web Real-Time Communication (WebRTC) Market. The market was valued at USD 5.5 Billion in 2021 and is projected to grow from USD [XX] Billion in 2022 to USD 128 Billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 41.9% during the forecast period (2022–2030).

Market Drivers

The growth of the WebRTC market is driven by several key factors:

• Increasing demand for real-time communication solutions in various industries.

• Growing adoption of WebRTC technology for seamless voice, video, and data communication.

• Rising need for secure and reliable communication platforms in remote working environments.

• Advancements in mobile and web technologies facilitating enhanced user experiences.

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Key Developments in the WebRTC Market

The WebRTC market has witnessed significant developments, including the integration of advanced encryption and security measures to ensure data privacy. Additionally, the emergence of innovative solutions for seamless communication across different devices and platforms has propelled market growth.

Top Key Players

The WebRTC market is highly competitive, with several key players driving innovation and growth. Some of the top players include:

1. Avaya Inc.

2. Cisco Systems

3. Dialogic Corporation

4. Plantronics Inc.

5. Oracle Corporation

6. Plivo

7. Quobis

8. Ribbon Communications Operating Company Inc.

9. Tokbox Inc. (Vonage)

10. Twilio Inc.

    Market Segmentation: https://straitsresearch.com/report/web-real-time-communication-market/segmentation

Market Segmentation

By Component:

1. Solution

   • Voice Calling & Conferencing

   • Video Calling & Conferencing

   • Message and File Sharing

   • Others (Social Networking and Gaming)

2. Services

By WebRTC-Enabled Devices:

1. Mobile

2. Desktop

3. Tablet

4. Others

By Industry Vertical:

1. BFSI

2. Retail

3. IT & Telecom

4. Public Sector

5. Media & Entertainment

6. Manufacturing

7. Healthcare

8. Others

   Table of Contents for the Web Real-Time Communication Market Report: https://straitsresearch.com/report/web-real-time-communication-market/toc

About Straits Research

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