Web Real Time Communications Market is predicted to reach USD 43.1 Billion at a CAGR of 45% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Web Real Time Communications Market” that contains information from 2018 to 2030. The Web Real Time Communications Market is estimated to register a CAGR of 45% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Web Real Time Communications Market — Twilio Inc., Oracle Corporation, Cisco Systems, Inc., Plivo Inc., Dialogic Corporation, Ribbon Communications Operating Company, Inc., Avaya Inc., Plantronics, Inc., Quobis, Tokbox Inc.

Web Real Time Communications Market Highlights:

The global Web Real Time Communications Market is accounted to register a CAGR of 45% during the forecast period and is estimated to reach USD 43.1 Billion by 2030.

The Web Real-Time Communications (WebRTC) market refers to the technology and services related to real-time communication over the internet using web browsers. WebRTC enables browser-based audio and video communication, as well as data sharing, without the need for additional plugins or software installations.

Segment Analysis

The global Web Real Time Communications Market has been segmented based Component, enabled device, end-use industry.

The solutions segment held the highest market share of 72.24% in 2019 and will expand further at a steady CAGR from 2020 to 2027. The large share is attributed to the increasing demand for advanced APIs to embed real-time communication in browsers. The solutions segment is further divided into video calling & conference, voice call & conference, message & file sharing, and others.

The smartphones & tablets segment accounted for the highest market share of 73.57% in 2019 and will retain the dominant position throughout the forecast years. Increasing penetration of smartphones is a major factor contributing to the large revenue share. The use of mobile applications powered by WebRTC is expected to upkeep the segment growth over the forecast period. Facebook Inc. and Google LLC have already launched their mobile applications, such as Messenger and Hangouts, which operate on WebRTC.

The IT & telecom segment held the largest market share of 32.19% in 2019. The internet and application ecosystem has already led to the disruption in the telecom industry. With Voice over Internet Protocol (VoIP) and social networks gaining traction for customers worldwide, real-time communication over the internet has become essential. Telecom companies are reviewing their traditional communication services and developing new solutions that meet the current communication trends.

Regional Analysis

The global Web Real Time Communications Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America held the largest market share of 41.13% in 2019 and will maintain its dominant position even during the forecast years. This is attributed to the presence of major market players, such as Cisco Systems, Inc., Oracle Corporation, Ribbon Communications Operating Company, Inc., and Avaya Inc.

The increasing demand for virtual meetings coupled with high-speed internet connectivity is a major driver for the market growth in this region. Furthermore, companies in this region are early adopters of emerging technologies, which will also support market growth.

Asia Pacific is expected to be the fastest-growing regional market from 2020 to 2027. This is due to the increasing number of internet users in developing countries, such as India and China. According to the World Bank, in 2017, 34.45% of India’s population had access to the internet as compared to 22% in 2016. Moreover, digitalization in the region is anticipated to generate a huge potential for market growth over the forecast period.

Key Findings of the Study

• The global Web Real Time Communications Market is expected to reach USD 43.1 Billion by 2030, at a CAGR of 45% during the forecast period.


• North America held the largest market share of 41.13% in 2019 and will maintain its dominant position even during the forecast years.


• The smartphones & tablets segment accounted for the highest market share of 73.57% in 2019 and will retain the dominant position throughout the forecast years.


• Twilio Inc., Oracle Corporation, Cisco Systems, Inc., Plivo Inc., Dialogic Corporation, Ribbon Communications Operating Company, Inc., Avaya Inc., Plantronics, Inc., Quobis, Tokbox Inc.