Web and Video Conference Trends So Far In 2020

Web and Video Conference Trends So Far In 2020

Video Conferencing has changed dramatically this year due to the global pandemic of Covid-19.  Cities such as New York City and Newark have had dramatic business density shifts as huge groups of people abandoned their small city office spaces and started to work from apartments, homes, or even further away from the greater New York City area.  So let’s take a look at some major shifts and trends within the web and video conference industry and let’s evaluate how they will affect your business.  Also please feel free to reach out if you’d like to discuss this information further and/or have us help you better future-proof your business.

Since 2005 global remote workforce has increased by over 140%, and this increase in growth was before the pandemic.  During this change one of the main concerns some employers have had was how a remote workforce would impact collaboration.  There has been a lot of workforce data gathered by Forbes, Hubspot and other business consulting firms to help and address some of these concerns.  Evidence shows that the impact has been incredibly positive.  Based on a Hubspot study over 50% of remote employees take less time off than in-office employees, and work longer days as they utilize the time they once reserved for commuting.  Over 70% of employees mentioned that they are less likely to leave their current employer if they are offered remote work, and over 80% of employees reported that being able to work from home would increase their job satisfaction.

Who Uses Video Conference Solutions?

Presently 78% of corporations use video conference software, and that figure continues to grow.  85% of companies are now using video calling software to conduct employee interviews.  Even after the pandemic companies report that they will continue to offer working from home and using web conferencing when need be as it makes employees happier and lowers total office costs.

One of the biggest shifts in video conference software has been the rapid adaptation of this technology by hospitals.  Over 75% of hospitals are either using or creating their own telehealth programs.  Privacy concerns have always been a key issue that made medical professionals quite reluctant to use video conference software.  This completely changed when the pandemic hit the world and so far its working very well.  Doctor visits are shorter, and easier on everyone.

Video Conferencing Value Keeps Growing

As we previously discussed in one of our earlier articles, video conferencing tools offer tremendous benefits saving valuable time that was once used by commuting and the additional rental office costs.  This has been a strong plus helping companies to adapt this technology platform.  Global Market Insights is estimating that the video conference sector will grow to a $50 billion industry by 2026.

If you are not using a video conference platform then reach out and let us know what may be holding you back.  Quickconnect can help you overcome just about any conferencing challenge with audio, video and web conferencing solutions.

For further reading we recommend looking at the following:
https://blog.hubspot.com/marketing/remote-work-stats
https://www.gminsights.com/pressrelease/video-conferencing-market
https://www.forbes.com/forbes-insights/our-work/harnessing-video-led-unified-communications/

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