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Global Telepresence Equipment Market

  • 4100.00 Dollar US$
  • Published date: August 21, 2020
    • pune, Manitoba, India [ Ads Views - 8 ]

Global Telepresence Equipment Market was valued US$ 1.93 Bn in 2017 and is expected to reach US$ 2.75 Bn by 2026, at a CAGR of 4.53% during a forecast period.The latest technological innovation in robotic telepresence video conferencing is a driving factor of the telepresence equipment market growth. The advantage offered by telepresence equipment is as it offers life-size video conferencing which give the feel of real person actuality. The need for the enterprises to decrease the cost of traveling for the employees is the key factor driving the telepresence equipment market growth. Cost effective solutions for global interactions, along with the rising influence of cloud services, technological advancements, low operating expenditure, and cost investments are some of the other factors pushing the market growth. However, installation costs are high and bandwidth is a hampering the growth of the global telepresence equipment market.

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