Dublin, Feb. 19, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/ppff5c/global_webbased) has announced the addition of the "Global Web-based Real-time Communication Market 2016-2020" report to their offering.
The global WebRTC market to grow at a CAGR of 36.02% during the period 2016-2020.
Global Web-based Real-time Communication Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global WebRTC market for 2016-2020. To calculate the market size, the report considers the revenue generated from WebRTC software solutions and services.
WebRTC is a communications technology that provides browsers and mobile applications with real-time communication, such as voice calling, video conferencing, and P2P file sharing - without the need to download special software applications or browser plugins.
Browsers such as Google, Mozilla, and Opera support WebRTC open-source project. In addition, mobile platforms, such as Android and iOS, support WebRTC. It integrates JavaScript, application-programming interfaces (APIs), and HTML5 within the browser to make video communications more user-friendly. The W3C and the Internet Engineering Task Force (IETF) set standards for WebRTC.
Many vendors are switching to WebRTC mobile apps. This is because developing such apps is easier than employing web-based technology. In line with this, Google improving its WebRTC codebase for Android and iOS. Similarly, Ericsson plans to launch its own open WebRTC project targeting mobile users. Gruveo, Wire, Talko, Be My Eyes, and Switch.co have already switched to WebRTC mobile apps.
According to the report, one of the major drivers of the market is rising demand for real-time communications. Businesses need to communicate with their audience in real time to gain a competitive advantage. Real-time communication is a powerful mode to gain better insights of costumer demand and feedback. This helps companies improve and customize their products and services to suit customers' needs.
Further, the report states that lack of awareness about WebRTC technology poses a risk for organizations looking to enter this market.
Key vendors
- Cisco
- Ericsson
- Google
- Mozilla
Other prominent vendors
- AddLive
- Alcatel-Lucent
- Apple
- AT&T
- Avaya
- Bistri
- CafeX
- Dialogic
- GENBAND
- Huawei Technologies
- IBM
- Microsoft
- Mitel Networks
- Mozilla
- Net Medical Xpress Solutions
- Opera
- Oracle
- Plivo
- Priologic Software
- PubNub
- Quobis
- Siemens
- Temasys
- TokBox
- Twilio
- Zingaya
For more information visit http://www.researchandmarkets.com/research/ppff5c/global_webbased