Web Real-Time Communications (WebRTC) Market Growth and Demand Forecast 2024

The global web real-time communication (webRTC) market is growing at a significant rate, due to the increasing demand for webRTC solutions from small and medium enterprises, and increasing employee engagement strategy. The main feature pertaining to real-time communication is the smooth exchange of communication. Different solutions such as voice calling & conferencing, video calling & conferencing, messaging & file sharing contributed to the global market size.

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The web real-time communication facilitates more reliable and realistic communication mode that is monitored with the use of video and voice communication and is thereby helpful for the users to extract valuable information. 

The primary factor aiding to the growth of the webRTC market includes increasing demand for web real-time communication solutions from small and medium enterprises. The small and medium enterprises are required to maintain and develop their global presence in this competitive and hyper-competitive world in which mobility and collaboration are the most essential requirement of any organization.

The use of web real-time communication as a tool to bring enterprise mobility is creating opportunities for this market to grow globally. An organization that is well equipped with the enterprise productivity apps help them to work efficiently and effectively and provides flexibility to its employees to work from the location that is away from the office premise.

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Some of the major players offering the products and services in the global web real-time communication industry are AT&T Inc., Tokbox Inc., Apidaze, Avaya, Inc., Cisco Systems, Inc., Genband Inc., Dialogic Corporation, Polycom, Inc., Oracle Corporation, Twilio, Inc., Quobis and Cafex Communications, Inc.

Source: VynZ Research