There is hardly any place in the world that has not affected by the brutality of the Covid-19 pandemic. To comprehend the pandemic, many nations and governments around the world has enforced a lockdown, restricting the gatherings and the movement of people. Lockdown has multiple consequences, which further stretch the troubles for a various sector such as education sector, manufacturing company, Energy Company, hospitals, security.

Video conferencing help to improve face to face communication and collaboration. According to a recent survey amid businesses in North America, 58 percent are awaited to evaluate video applications.

Uses of video conferencing in different sectors

  • Cloud based video conferencing improved collaboration and access for distance learning
  • Because of video conferencing team members were allow to meet face to face, reduce travel time and cost.
  • Trainer can provide classes to employees at different locations in collaborative environment.
  • Doctors can also use Video conferencing in order to take tests & increases their certificate levels, which improves patient care.
  • Using video conferencing prisoners can meet with judges, allowing to judge to handle more cases per day.

Some video conferencing services propose free plans, to make it affordable to all. All we know Zoom is most popular video conferencing Solution. This happens when millions of people all screamed in horror:”I can’t connect to zoom.”

There are alternatives Skype, GoTomeeting, Jitsi, Whereby, Google Meet, MicrosoftTeams, and Slacks. It is important to understand why certain trends are flourishing-specifically, how they can Enhance your workflow.

Trends in Video Conferencing Technology

  • Productivity Enhancing Feature:-

New video conferencing technology involves transcription, video-clipping, and file- and screen-sharing capabilities. It also merges with video apps. 

  • Live Video Editing

Some solutions, like Zoom and Skype, already present features that reinforces green screen and virtual backgrounds and are actively putting more live editing capabilities. In the future, more basic business video apps will reinforce live video editing. 

  • Assistance of AI/ML

Tech leaders are producing machine learning programs that can transcribe audio, count video attendees and furnishing insights into attendee engagement. This can aid you focus on the most poignant aspects of your meeting. AI can strike out  a lot of background noise in meetings, and machine learning algorithms will be able to detect which speaker should be active.

  • Micro -LED Displays

The demand for clearer, more vivid hookup on both desktop and mobile screens has pilot to the development of new hardware and software that can smoothly predict high-quality video conference rooms. 

  • Improved Video Conferencing Quality and Affordable

Increased competition and improved efficiencies are some of the cause video conferencing is increasingly becoming economical with each passing year. However, enhanced internet coverage has also availed in video conferencing and webinars to be very lucrative as well.

  • Video Conferencing is Increasingly Cost-Effective

For instance, today’s businesses can exert room-based video conferencing instead of traditional individual-to-individual video conferencing. As such, video conferencing can be used including team collaborations and brainstorming, interviews, and more. Additionally, webinar meetings has make possible companies to up skill employees across the globe without having to get off a person

  • Browser Based Video Conferencing is Fast Becoming Norm

With the use of WebRTC, the free and open-source web-based video conferencing technology, it is now viable to make conference video calls (or voice calls, data sharing, etc.) without downloading anything. This has done with the old system of installing established, permanent video conferencing systems in offices. A modern-day video conferencing solution now includes common hardware such as mobile devices like Smart phones and webcams. Significantly, the software running these systems and the data produced from the conference calls are now loaded in the cloud, freeing business organizations from having to concern about managing and paying for data storage

  • Inter Company Video Conferences are increasing in Popularity?

The advent and expansion of web conferencing have permitted businesses to operate video technology for communication not just inside a company, but with partners, vendors, and clients as well. More businesses are operating video conferencing for interviews, for cooperating with partner companies, for discussions with experts, for sales webinars, for company training, and much more.

As lockdown extends, the interest of video conferencing for business continue to expand. With the costs continuing to lessen, video conferencing will become even more widely taken in the business world than it already is – a way to build business more personal.

What are the key video conferencing market drivers?

Widely, video conferencing is viewing considerable blooming due to the increasing acquiring of cloud-based video conferencing solutions and the increasing demand for unified communication solutions across various industry verticals. 
Here are the three key video conferencing market drivers. 

Hosted video conferencing services:

Because of cloud based solutions, video conferencing is simple and economical communication tool. Cloud-based software also provides ease to users, as they can get conferencing solutions from laptops, tablets and cell phones. 

Remote work:

Initially video conferencing is availed for profitable, real time and long distance for teams located at different places. Many businesses make use of video conferencing for meeting, webinar, companywide discussion.

Telemedicine:

Telemedicine is speedily expanding component of healthcare that use video conferencing technology. There are 200 telemedicine networks having more than 3500 service sites in U.S. that provides video consultations to approximately 1 million Americans.

How will video conferencing change business in the future?

In the years to come, video conferencing will aid build more collaborative remote work environments that assist keep your employees captivated.  There are key ways that video conferencing will amend businesses in the future. 

Cost

Video conferencing solutions are working for financially well-being of businesses. The capability to meet face-to-face and collaborate using video calls minimizes the need to travel, which means you can save travel and accommodations budget and utilize elsewhere. Also, because the data produced from conference calls is loaded in the cloud, you won’t have to take care of about managing and paying for data storage. 

Ease of HR processes

Virtual meetings, interviews, training and brainstorming sessions can be regulated for employees across multiple branches of your business, even though they are out of the country. 

Workplace structure

Video conferencing expands your team’s flexibility and freedom. Remote work can enhance your employees’ work-life balance, which will grow your business’s productivity, employee engagement and belongings.

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