Ankur Gupta

Video Conferencing Hardware Market Trends, Video Conferencing Installation South Korea-Ken Research

Press Release   •   Apr 13, 2018 10:42 IST

Rising demand for customized solutions in Video Conferencing market in South Korea will be a catalyst in future.

According to Ken Research report titled South Korea Video Conferencing Market Outlook to 2022 – By Software, Hardware Endpoints and Infrastructure Market and by End Users (Offices, Financial Sector and Government and PSUs)customized solutions and increasing demand from SMEs will be the key growth catalyst in future. South Korea video conferencing hardware endpoints and infrastructure market is driven by the growth in the incline in the number of enterprise in financial and insurance services and education sector. Moreover, the entry of various OEMS in the market such as Huawei, Lifesize and others has been a growth driver. The OEMs being foreign based companies are not authorized to sell video conferencing hardware products in South Korea and hence perform the sales through system integrators. The manufacturers stock their products with the distributors and charge a margin of 10.0%-15.0%. Though OEMs cannot perform direct sales but are involved in the whole process even before and after sales. OEMs meet the client directly for all the leg work, gap analysis, understanding and knowledge sharing. OEMs choose the system integrators based on the size and type of projects.

The demand for the video conferencing hardware products has been increasing from the enterprises in the country as the companies prefer to conference instead of travelling to other places for meetings. Video conferencing cuts the cost as it saves the money of travel, stay and food of the attendee. The number of enterprises increased at a five year CAGR of 0.9% during 2012-2017 increasing the requirement for video conferencing hardware products. Education sector is also using the video conferencing for training the students and expanding the reach. The increase in the trend of virtual classes has made a positive impact on the video conferencing hardware endpoints and infrastructure market. The number of high schools inclined at a five year CAGR of 0.5% during 2012-2017. The demand for video conferencing hardware increased from the banking sector in South Korea as the sector inclined at a five year CAGR of 4.5% during 2012-2017.

Key Topics Covered in the Report:

Video Telepresence Market South Korea

Video Conferencing Solution Korea

Enterprise ICT Solution South Korea

Telepresence System Industry South Korea

Mobile Video Conferencing Market

Videoconferencing Service Management System Market

Videoconferencing system Market

Web Video Conferencing Market

Video Meetings Market

Conferencing Management Market South Korea

Video Conferencing Meeting Server Center Market

Telepresence Market South Korea

Virtual Video Conferencing Market South Korea

Video Conferencing Market in South Korea

Video Conferencing Hardware Market South Korea

Video Conferencing Software Market in South Korea

Video Conferencing Hardware Endpoints South Korea

Video Conferencing Hardware Infrastructure in South Korea

Video Conferencing Market in Seoul

Video Conferencing Market in Busan

Video Conferencing Market in Daejeon

Video Conferencing Installation South Korea

South Korea Virtual Video Conferencing Market

South Korea Video Conferencing Hardware System Integrators

South Korea Video Conferencing Industry

Video Conferencing Hardware Market Trends

Polycom Korea Market Share

Cisco Korea Revenue Telepresence

Huawei Korea Market Share Video Conferencing

Skype Korea Conferencing Market Share

South Korea Video Conferencing Future

Partner Video Conferencing Market

For more information on the research report, refer to below link:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/south-korea-video-telepresence-market/145656-105.html

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https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/india-video-conferencing-market/144736-105.html

https://www.kenresearch.com/defense-and-security/security-devices/india-electronic-security-market-research-report/476-16.html

https://www.kenresearch.com/defense-and-security/security-devices/india-electronic-security-market-2020/30045-16.html

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Ken Research provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors across the globe. Our Research process follows interactive brainstorming sessions to gather information from a wide range of sources. We use advanced information management tools, sophisticated analytical systems and methodologies to help our clients with crucial industry information for decision making.