“Department of Information Resources (DIR) has issued guidelines to offer operational and technical assistance for governmental bodies. DIR is required by Section 551.127, Texas Government Code, to specify minimum standards for audio and video signals at a meeting held by videoconference call. The respective Act provides technical and operational standards and recommendations to support 1TAC 209 as well as minimum standards for meetings held by videoconference. Video and audio recordings that meet the International Telecommunications Union (ITU) standards are of reasonable quality for the purposes of House Bill 283, 84th Legislature, 2015.”
The article cited AMA's Global Video Conferencing Market Study explored substantial growth with CAGR of 7.82%. According the report, Number of Players are Focusing on Technological Developments and Building Cloud Based Applications
is one of the primary growth factors for the market. Ease of Remote Administration and Inspection
is also expected to contribute significantly to the Video Conferencing market. Overall, Corporate Enterprise
applications of Video Conferencing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Video Conferencing market identified that the demand is rising in many different parts of the world as "Rising Instances of Strategic Alliances across the Globe
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Video Conferencing market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Video Conferencing market and other related sub-markets covered in the study.
o Key & emerging players in the Video Conferencing market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Video Conferencing market size is calculated using market estimation process, the Video Conferencing market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Video Conferencing market size has been validated using both top-down and bottom-up approaches.