Telepresence Equipment Market Size, Share, Trends and Industry Growth 2022-2027
According to the latest report by IMARC Group, " Global Telepresence Equipment Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027 ", the global telepresence equipment market reached a value of US$ 2.28 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.95 Billion by 2027, exhibiting a CAGR of 4.10% during 2022-2027. Telepresence, also known as virtual presence, represents the digital video teleconferencing technology that enables communication and collaboration among users from a distant or remote location. It provides high-definition (HD) streaming, real-time presentation experiences, high-quality audio and video output, etc., when compared to conventional video conferencing. Some of the commonly used telepresence equipment include cameras, microphones, speakers, etc. These devices assist individuals in developing a computer-generated environment, optimizing productivity, mitigating traveling budgets, etc. ...