Web Real Time Communication (WebRTC) Market Size, Trends, and Insights By Components (Solution, Message & File Sharing, Voice Calling & Conference, Video Calling & Conference, Others), By Enabled Devices (PCs, Smartphones & Tablets, Others), By End-user (IT & Telecom, Retail, Media & Entertainment, BFSI, Healthcare, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Avaya, Inc.
- Apidaze
- Dialogic Corp.
- Quobis
- Others
Reports Description
Cost-effectiveness of WebRTC is Fueling the Market Growth
According to Custom Market Insights (CMI), The Global WebRTC market was estimated at USD 4 billion in 2021 and is expected to reach USD 14.3 billion in 2022. is anticipated to reach around USD 87 billion by 2030, growing at a CAGR of roughly 35% between 2022 and 2030.
The global WebRTC market research report offers an in-depth analysis of the global market size, further segmented into the regional and country-level market size and market growth. Also, it provides market share, sales analysis, competitive landscape, impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.
WebRTC Market: Overview
Vendors of unified communication and VoIP services and solutions use WebRTC technologies to give their clients access to web-based real-time communication capabilities, including video conferencing, voice calling and messaging. Businesses like smart manufacturing, connected cars, and telecommunications will soon be able to use WebRTC and 5G technologies. Due to WebRTC’s secure communication, interoperability, and flexibility capabilities, as well as its high bandwidth and low latency, smart factories can make real-time decisions. Performance and process effectiveness consequently improve.
WebRTC Market: COVID–19 Impact Analysis
The Web Real-Time Communication (WebRTC) industry has been impacted by the COVID-19 breakout and spread across several industries and topographies. The infection’s negative effects became increasingly obvious when customers, affiliates, specialist co-ops, manufacturers, and suppliers continued to work as businesses encountered more intense market competition.
Numerous corporate meetings, trade exhibits, international seminars, and investment presentations have been postponed because of the COVID-19 epidemic. After that, the organizers of these events have chosen to communicate their events via video conferencing. This spurred the market for WebRTC in Q2 of 2021. With vaccination drives in place in several countries, the market is projected to notice a sharp increase during the coming years.
WebRTC Market: Growth Drivers
Cost-effective advantages of WebRTC technology
Solutions based on WebRTC are less expensive because they don’t need any additional software or plugins to function properly. Any web server may use WebRTC to provide a unique real-time communication experience with great reliability, simplicity, and affordability. WebRTC enables browser-based applications to be similar to real-time user experiences. Additionally, it provides secure web communication at cheap costs and significant benefits, including simple deployment across various operating systems and diverse device kinds, among others. Due to these important advantages, WebRTC technology is now in high demand among several small and medium-sized businesses.
WebRTC and AI integration
Real-time communications (RTC) and WebRTC are promising applications of artificial intelligence (AI). For instance, callstats.io’s WebRTC error detection and forecasting method is one such use case. Additionally, object identification and segmentation using WebRTC and AI help create things like Snapchat or Instagram filters. For many WebRTC applications, AI can be used to guarantee Quality of Service (QoS) and enhance customer experience. Additionally, according to a WebRTC survey.
WebRTC Market: Segmentation Analysis
The WebRTC market is categorized into components, enabled devices, and end-user. Based on components, the market for solutions segment is estimated to hold the dominant position in 2021. The significant share is due to the increasing need for sophisticated APIs to incorporate real-time communication into browsers. The solutions category is further broken down into message & file sharing, voice calls & conferences, video calls & conferences, and others. Because market players are concentrating on creating top-notch video conferencing solutions to meet the growing demand, video calling and conferences are predicted to expand at the quickest CAGR over the course of the projection year.
By enabled device segment, nearly 70% of the market was accounted for by the smartphones and tablets segment in 2021, and this percentage will remain dominant throughout the forecasted years. The huge revenue share is primarily due to the rising smartphone penetration. Over 2022-2030, it is anticipated that WebRTC-enabled mobile applications will maintain the segment’s growth.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 4 billion |
| Projected Market Size in 2030 | USD 87 billion |
| CAGR Growth Rate | 35% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | Avaya Inc., Apidaze, Dialogic Corp., Quobis, Oracle Corp., Cisco Systems Inc., Plivo Inc., and Others |
| Key Segment | By Components, (Enabled Devices, End-user , and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Key Insights:
- Per the analysis shared by our research analyst, the WebRTC market is estimated to grow annually at a CAGR of around 35% over the forecast period (2022-2030).
- In terms of revenue, the WebRTC market size was valued at around USD 4 billion in 2021 and is projected to reach USD 87 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on components segmentation, the solution segment was estimated to show maximum market share in the year 2021.
- Based on enabled devices segmentation, the smartphones & tablets segment was the leading revenue-generating category in 2021.
- Based on end-user segmentation, the IT & Telecom segment was the leading revenue-generating category in 2021.
- On the basis of geography/region, the North American region was the leading revenue generator in 2021.
Recent Development
- July 2022: To grow its mobile network business, Ericsson acquired Vonage Holdings Corp., a provider of WebRTC and UCaaS technologies. With the acquisition, Ericsson would be able to offer a complete line of communication solutions, including Communications Platform as a Service (CPaaS), Cloud Communications as a Service (CCaaS), and Unified Communications as a Service (UCaaS).
- May 2022: Cooperation between the real-time customer interaction platform provider Twilio and the communication technology provider Syniverse was formed. By integrating Twilio’s WebRTC technology, the agreement will enable Syniverse to improve its digital communication capabilities and create 5G and CPaaS solutions.
Regional Landscape
North America maintained its dominance throughout the projection period, with a market share of over 35% in 2021. Major market companies like Cisco Systems, Inc., Ribbon Communications Operating Company, Inc., Oracle Corporation, and Avaya Inc. have a strong regional position.
A key factor in the market growth in this region is the rising demand for virtual meetings combined with high-speed internet connectivity. Additionally, businesses in this area are early adopters of cutting-edge technologies, which will help market expansion.
Competitive Landscape
Players in the market are concentrating on introducing new products to expand their product line and gain market share. The competitors also concentrate on inorganic techniques, such as mergers and acquisitions, to obtain a competitive edge in the market.
Our report offers quantitative and qualitative insights into the WebRTC market and major development initiatives the key players adopt. Further, it offers competitive details and market share analysis. The report further includes relevant financial information, products and services offered, SWOT analysis, and the players’ recent developments.
List of the prominent players in the global WebRTC market:
- Avaya, Inc.
- Apidaze
- Dialogic Corp.
- Quobis
- Oracle Corp.
- Cisco Systems, Inc.
- Plivo, Inc.
The global WebRTC market is segmented as follows:
By Components
- Solution
- Message & File Sharing
- Voice Calling & Conference
- Video Calling & Conference
- Others
- Services
By Enabled Devices
- PCs
- Smartphones & Tablets
- Others
By End-user
- IT & Telecom
- Retail
- Media & Entertainment
- BFSI
- Healthcare
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Web Real Time Communication WebRTC Market, (2022 – 2030) (USD Billion)
- 2.2 Global Web Real Time Communication WebRTC Market : snapshot
- Chapter 3. Global Web Real Time Communication WebRTC Market – Industry Analysis
- 3.1 Web Real Time Communication WebRTC Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Cost-effective Advantages of WebRTC Technology
- 3.2.2 Cost-effective Advantages of WebRTC Technology
- 3.2.3 WebRTC and AI integration
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Components
- 3.7.2 Market attractiveness analysis By Enabled Devices
- 3.7.3 Market attractiveness analysis By End-user
- Chapter 4. Global Web Real Time Communication WebRTC Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Web Real Time Communication WebRTC Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Web Real Time Communication WebRTC Market – Components Analysis
- 5.1 Global Web Real Time Communication WebRTC Market overview: By Components
- 5.1.1 Global Web Real Time Communication WebRTC Market share, By Components, 2021 and 2030
- 5.2 Solution
- 5.2.1 Global Web Real Time Communication WebRTC Market by Solution, 2022 – 2030 (USD Billion)
- 5.3 Message & File Sharing
- 5.3.1 Global Web Real Time Communication WebRTC Market by Message & File Sharing, 2022 – 2030 (USD Billion)
- 5.4 Voice Calling & Conference
- 5.4.1 Global Web Real Time Communication WebRTC Market by Voice Calling & Conference, 2022 – 2030 (USD Billion)
- 5.5 Video Calling & Conference
- 5.5.1 Global Web Real Time Communication WebRTC Market by Video Calling & Conference, 2022 – 2030 (USD Billion)
- 5.1 Global Web Real Time Communication WebRTC Market overview: By Components
- Chapter 6. Global Web Real Time Communication WebRTC Market – Enabled Devices Analysis
- 6.1 Global Web Real Time Communication WebRTC Market overview: By Enabled Devices
- 6.1.1 Global Web Real Time Communication WebRTC Market share, By Enabled Devices, 2021 and 2030
- 6.2 PCs
- 6.2.1 Global Web Real Time Communication WebRTC Market by PCs, 2022 – 2030 (USD Billion)
- 6.3 Smartphones & Tablets
- 6.3.1 Global Web Real Time Communication WebRTC Market by Smartphones & Tablets, 2022 – 2030 (USD Billion)
- 6.1 Global Web Real Time Communication WebRTC Market overview: By Enabled Devices
- Chapter 7. Global Web Real Time Communication WebRTC Market – End-user Analysis
- 7.1 Global Web Real Time Communication WebRTC Market overview: By End-user
- 7.1.1 Global Web Real Time Communication WebRTC Market share, By End-user, 2021 and 2030
- 7.2 IT & Telecom
- 7.2.1 Global Web Real Time Communication WebRTC Market by IT & Telecom, 2022 – 2030 (USD Billion)
- 7.3 Retail
- 7.3.1 Global Web Real Time Communication WebRTC Market by Retail, 2022 – 2030 (USD Billion)
- 7.4 Media & Entertainment
- 7.4.1 Global Web Real Time Communication WebRTC Market by Media & Entertainment, 2022 – 2030 (USD Billion)
- 7.5 BFSI
- 7.5.1 Global Web Real Time Communication WebRTC Market by BFSI, 2022 – 2030 (USD Billion)
- 7.6 Healthcare
- 7.6.1 Global Web Real Time Communication WebRTC Market by Healthcare, 2022 – 2030 (USD Billion)
- 7.1 Global Web Real Time Communication WebRTC Market overview: By End-user
- Chapter 8. Web Real Time Communication WebRTC Market – Regional Analysis
- 8.1 Global Web Real Time Communication WebRTC Market Regional Overview
- 8.2 Global Web Real Time Communication WebRTC Market Share, by Region, 2021 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.3.1.1 North America Web Real Time Communication WebRTC Market, by Country, 2022 – 2030 (USD Billion)
- 8.3.1 North America Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.4 North America Web Real Time Communication WebRTC Market, by Components, 2022 – 2030
- 8.4.1 North America Web Real Time Communication WebRTC Market, by Components, 2022 – 2030 (USD Billion)
- 8.5 North America Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030
- 8.5.1 North America Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030 (USD Billion)
- 8.6 North America Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030
- 8.6.1 North America Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.7.1.1 Europe Web Real Time Communication WebRTC Market, by Country, 2022 – 2030 (USD Billion)
- 8.7.1 Europe Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.8 Europe Web Real Time Communication WebRTC Market, by Components, 2022 – 2030
- 8.8.1 Europe Web Real Time Communication WebRTC Market, by Components, 2022 – 2030 (USD Billion)
- 8.9 Europe Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030
- 8.9.1 Europe Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030 (USD Billion)
- 8.10 Europe Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030
- 8.10.1 Europe Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.11.1.1 Asia Pacific Web Real Time Communication WebRTC Market, by Country, 2022 – 2030 (USD Billion)
- 8.11.1 Asia Pacific Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.12 Asia Pacific Web Real Time Communication WebRTC Market, by Components, 2022 – 2030
- 8.12.1 Asia Pacific Web Real Time Communication WebRTC Market, by Components, 2022 – 2030 (USD Billion)
- 8.13 Asia Pacific Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030
- 8.13.1 Asia Pacific Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030 (USD Billion)
- 8.14 Asia Pacific Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030
- 8.14.1 Asia Pacific Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.15.1.1 Latin America Web Real Time Communication WebRTC Market, by Country, 2022 – 2030 (USD Billion)
- 8.15.1 Latin America Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.16 Latin America Web Real Time Communication WebRTC Market, by Components, 2022 – 2030
- 8.16.1 Latin America Web Real Time Communication WebRTC Market, by Components, 2022 – 2030 (USD Billion)
- 8.17 Latin America Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030
- 8.17.1 Latin America Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030 (USD Billion)
- 8.18 Latin America Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030
- 8.18.1 Latin America Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, by Country, 2022 – 2030 (USD Billion)
- 8.19.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, 2022 – 2030 (USD Billion)
- 8.20 The Middle-East and Africa Web Real Time Communication WebRTC Market, by Components, 2022 – 2030
- 8.20.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, by Components, 2022 – 2030 (USD Billion)
- 8.21 The Middle-East and Africa Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030
- 8.21.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, by Enabled Devices, 2022 – 2030 (USD Billion)
- 8.22 The Middle-East and Africa Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030
- 8.22.1 The Middle-East and Africa Web Real Time Communication WebRTC Market, by End-user, 2022 – 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Avaya Inc.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Apidaze
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Dialogic Corp.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Quobis
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Oracle Corp.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Cisco Systems Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Plivo Inc
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.1 Avaya Inc.
List Of Figures
Figures No 1 to 27
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
The “North America ” region will lead the global WebRTC market during the forecast period 2022 to 2030.
The key factors driving the market are worldwide web real-time communication and cost-effectiveness.
The key players operating in the WebRTC market are Avaya Inc., Apidaze, Dialogic Corp., Quobis, Oracle Corp., Cisco Systems Inc., Plivo Inc.
The global WebRTC market is expanding growth with a CAGR of approximately 35% during the forecast period (2022 to 2030)
The global WebRTC market size was valued at USD 4 billion in 2021 and it is projected to reach around USD 87 billion by 2030.