Frost & Sullivan’s findings indicated that the overall market would continue to grow at a rate of 8.4% annually, reaching $3.6 billion by 2020. In such a large market, cloud computing will play an increasingly important role. More and more video conferencing service providers such as have shifted their product portfolio from on-premise to cloud based one.
Being convenient and affordable, cloud video conferencing has become a new trend and is reported to be the future of video conferencing industry. But why cloud-based video conferencing is the future? There are various cutting-edge technologies employed in the advancement of cloud video conferencing, and listed below are four major trends that have been driving video conferencing in the cloud.