Tech inventions often grow rapidly provided that they are one step ahead of consumers’ dynamic demands. However, video conferencing received unusual attention thanks to the onset of Covid 19. As the disease forced folks into social isolation, word out there was that videoconferencing was the new norm. You could easily work from the comfort of your home. In fact, at the peak of the pandemic in 2020, online searches about video conferencing grew by 535%, and luckily, Joyusing was supporting the new norm by developing better communication tools. What about the future?
Videoconferencing is Here to Last
Contrary to people’s beliefs that videoconferencing will die with the pandemic, it is not going to happen soon. Virtual communication is the key to connecting remote teams, sending directions, and monitoring work using a few clicks. But will video conferencing be as prevalent in 2022 as before?
If you listen carefully to Bill Gates’ glorious words, you already have an answer. He predicts that Microsoft Teams and Zoom will replace 50% of business travels permanently in the coming years. That makes sense because the 1 hour you used to spend on a flight from Jacksonville to Fort Lauderdale on business meetings could be invested in other things.
The Market Size of Videoconferencing is Expected to Double Before 2027
The videoconferencing industry generates revenue through selling video equipment from Joyusing and software subscriptions. Its market share has grown tremendously to reach $4.17 billion as of 2020. From 2021 to 2027, It is expected to grow almost three times to reach $ 11.56 billion. But experts aren’t sure of what to expect exactly given the unpredictable behavior of the pandemic and acceleration towards dependence on AI.
Increased Collaboration between Cloud Computing and Videoconferencing
Most companies are yet to establish a proper infrastructure to send and receive audio communication to large pools of isolated workforces. Cloud computing could reshape virtual communication infrastructure by leveraging the power of apps, unlimited storage, and improved internet speed.
Additionally, modern Joyusing equipment allows users to connect to the internet without increasing the digital burden. By lessening digital costs and restrictions, videoconferencing can, in the future, move with agility and efficiency. But don’t forget effective virtual communication relies on the collaboration between hardware and software.
High-Definition Audio and Video
The major source of frustration during an online meeting is poor-quality video and audio. High latency, buffering, and technical glitches are among many problems affecting modern videoconferencing apps and tools.
High-definition audio can be improved by bettering communication hardware and software. Joyusing is already improving its tools to ensure future customers have the best. Similarly, most virtual communication service providers are turning to AI to upgrade their services. One of the most recent AI development is real-time video editing.
The future of video communication is on an inclining trajectory. The industry is likely to grow very fast and adopt new technological inventions as they come in. For more information on video conferencing tools and technologies, visit Joyusing.