Video conferencing presents countless opportunities to businesses or engaging remote workers, collaborating across departments and locations, interviewing job candidates, or managing suppliers, the technology is efficient, cost-effective, and scalable. Virtual meeting statistics and video conferencing statistics have accelerated throughout 2020 and will continue throughout 2021. Research shows that 87% of employees state that they feel more connected with their colleagues through video conferencing software. By the end of 2021, 30% of the global workforce will choose to remote work multiple days per week. Data from TrustRadius indicates that there was 500% increase in buyer activity of web and video conferencing services since the Covid-19 outbreak began. Further research shows that there has been a decline in in-person meetings, there's increasing importance and use of AI and machine learning for audio. Also intercompany conferencing is also on the rise, as companies utilize technologies to talk to their stakeholders such as suppliers, partners. So, by 2024, research projects that the video conferencing industry will be worth US$20 billion!
Now, can you picture yourself being able to tap into 300m+ visitors daily! That's right!, it’s a free traffic stream that is very achievable and yet only 2% of companies are currently conducting live webinars & videos. The challenge is that many businesses are not able to tap into this never-ending free traffic stream. Most businesspeople are finding conducting webinars quite difficult nowadays. Their challenges include problems with IT Help desk, lack of solid support resources from service vendor, old and outdated features of the software, expensive monthly subscriptions, and lack of or poor training are just some of sore points of businesses holding them from holding webinars.