WebRTC Market - The Innovation and Product Advancements Strategy
Web Real-Time Communication (WebRTC) is a web based open source application supporting browser to browser real-time communication through a number of devices such as computers, smartphone, smart TVs and tablets.
WebRTC is compatible with HTML, TCP/IP and HTTP protocol and uses multiple codecs for smooth transfer of voice, video, and data. The demand for WebRTC is expected to increase in both telecom and unified communication applications in the coming years.
Voice, video, and data sharing are the key webRTC solutions provided by market players across the world. The demand for video webRTC solutions is higher than other types of solutions. This segment led the global market with a share of more than 57% in 2016 and is projected to remain so over the forthcoming years, owing to its increasing uptake in a number of telecom and IT based end-use applications. The data sharing segment is also expected to witness substantial growth in the years to come.
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Browser, mobile, and unified communication are the main platforms on which webRTC solutions can be run. With the significantly high user base of mobile phones, the mobile platform has been leading this market and is anticipated to continue like this over the next few years. Unified communication platform is also anticipated to report a steady rise in the near future.