According to the research report titled ‘Web Real-Time Communication (WebRTC) Market Share, Size, Trends, Industry Analysis Report, By Platform; By Product; By Regions; Segment Forecast, 2020 – 2026’ available with Market Study Report, global web real-time communication (WebRTC) market is anticipated to reach a valuation of USD 16,570.5 million by the year 2026.
 

Factors such as rising adoption of IoT technologies as well as mobile devices, increasing social media penetration, and high integration of WebRTC solutions with mobile applications and dedicated desktops are augmenting the growth of global web real-time communication market.
 

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Moreover, escalating demand for WebRTC solutions for enhanced video and voice experience as well as reduced bandwidth coupled with increasing adoption of the service by numerous organizations for improving their in-house and external communication software are stimulating the global web real-time communication market outlook.
 

Based on platform, global web real-time communication industry is divided into web browser, mobile applications, and others. With regards to product, the market is bifurcated into services, solutions, and others.
 

Moving on to end-user terrain, the IT and telecom segment held a majority of the global web real-time communication market shares in the year 2019 and is expected to show similar growth through 2026.
 

On the other hand, the healthcare segment is projected to register the highest CAGR over 2020-2026, owing to rising penetration of WebRTC solutions in the healthcare industry in order to provide enhanced clinical care to patients.
 

From a regional frame of reference, North America web real-time communication market is expected to witness substantial expansion during 2020-2026. Escalating investments by SMEs, technological advancements in the telecommunications vertical, and widespread applications of the service across industries such as manufacturing, transportation, healthcare, and retail are emerging as lucrative opportunities for the remuneration of the regional market.
 

Leading companies that define the global web real-time communication industry trends are Dialogic Corporation, IBM Corporation, Alcatel-Lucent S.A., Mitel Networks Corporation, TokBox Inc., Plivo Inc., Cafex Communications Inc., GENBAND Inc., Avaya Inc., Google LLC, Polycom, Inc., AT&T Inc., Oracle Corporation, and Cisco Systems Inc.