Thanks to the pandemic, demand for video teleconferencing stocks have gone from relative obscurity to center stage in a matter of weeks. All as people around the world greatly limit face to face contact meetings to help stop the spread of the virus for school, for work, and for play.
Grandview Research says the global market is worth $90 billion, and could reach $400 billion by 2027. Global Market Insights added that, “With the ongoing coronavirus pandemic and disruptions in large gatherings, demand for remote training is increasing, eventually driving the video conferencing market demand,” as reported by Global Market Insights.
