54 Virtual Meeting Statistics

Are you curious about the state of virtual meetings in 2022?

Then look no further than this curated list of the global virtual meeting statistics in Nigeria, Africa, and the world in general.

We have curated and vetted the up-to-date meeting statistics below.

Without further ado, let’s look at the stats.

Virtual Meeting Statistics in Nigeria

These statistics gathered for virtual meetings in Nigeria cover things like usability - things Nigerians and companies used video calling apps for and most used video conference software.

It also includes Nigeria's contribution to the African video conferencing market.

1. In 2021, Nigeria joined the virtual meeting market which is estimated to be worth over $75bn (30 trillion naira) in the next nine years (all Africa)

• A Nigerian company Ecosystems, developed Konnect, a new video conferencing and webinar app which put Nigeria on the list of top players in the multi-billion dollar global market.

2. Nigeria's meeting app Konnect can hold up to 250 people in a room, while an unlimited number of people can use it via live streaming (All Africa)

• Konnect is said to be capable of providing one of the largest meeting rooms in the market, hosting up to 250 people in one room and an unlimited number participating on it via Livestream.

3. In 2020, Zoom added 2.2 million users in less than 5 months. In 2019 it added 1.19 million new users to its database (thecableng).

• More Nigerians used video calling apps for other events besides business meetings like - religious and social gatherings, remote learning, family connections, etc.

4. Nigerian companies turned to platforms like Zoom, WhatsApp, and Facetime during the pandemic and learned new skills to adapt to using them (thecableng).

• These platforms became popular at the time, and they are free and require only internet access to use them.

5. Zoom daily users rose by 50% in 3 weeks during the COVID-19 (Nairametrics)

6. In the year (2020) the number of Zoom users in Nigeria significantly grew due to concerns for coronavirus (COVID-19) (A3 Techworld)

7. In 2020, Zoom was the most downloaded free app amongst Nigerians in Apple's app store, downloads for it increased by 1,270% between February 22 and March 22 (Nigerian Tech)

• com reported that downloads for Zoom increased by 1,270% between February 22 and March 22, with a total of 17.2 million downloads on both iOS and Android.

They attributed this growth in downloads to many people working from home due to the pandemic.

8. The 5 best video conferencing tools used in Nigeria for virtual meetings are Zoom, Google Hangouts Meet, Microsoft Teams, Skype, Cisco WebEx meeting (Lagos Cowork).

9. Africa's video conferencing market is flanked by a large number of players operating in the market (6Wresearch)

• The hardware segment leads the overall African video conferencing market, while the corporate segment dominates the African video conferencing market judging by applications.

10. Key players enhancing the spread of virtual meetings in Africa's video conferencing market are businesses like Adobe Systems, Cisco Systems, Polycom, West Unified Communications Services, Arkadin, Logitech, Vidyo, ZTE Corporation, Microsoft, and Huawei Technologies (6Wresearch).

• Video conferencing equipment from Logitech, ZTE Corporation, Huawei Technologies, and Polycom can be found on display for sale on various e-commerce websites in Nigeria that cater to businesses' virtual meeting needs.

11. The West and Central Africa Video Conferencing Market size is predicted to grow at CAGR of 8.5% between 2021-27 (6Wresearch)

• West and Central Africa's video conferencing market is presently at the growth stage of its industrial cycle. However, due to the rapid increase in many countries in this region, the market promises to see significant growth in future years.

12. Nigeria's video conferencing market for the year 2020, accounted for the highest share of West and Central Africa's video conferencing market as it is the largest economy and Africa's most populated country. (6Wresearch)

• The Nigerian government intends to drive industrialization in the country by promoting small and medium businesses. Doing this and diversifying the country's economy will further push the demand for video conferencing hardware.

13. In 2020, the desktop segment accounted for the highest share of Africa's video conferencing market (6Wresearch).

• This segment was expected to have the fastest growth due to the increase in demand of portable devices for video conferencing in stone when work-from-home and e-learning became the new normal.

14. In 2021, Galaxy Backbone (GBB), an ICT company for the federal government, saved over N3 billion for the Federal Government by opting for the use of video conferencing that year (The Guardian).

• Video conferencing helped them curb the problem of security, transportation, accommodation, feeding, etc.

15. Zoom users in Nigeria will pay 7.5% VAT to the government from the year 2022 (Techeconomy.ng)

• The tax was imposed because Zoom falls under the rules governing B2B and B2C supplies of electronically supplied services by non-resident service providers.

16. Video conferencing solutions in Nigeria, South Africa, and Kenya are three of the countries expected to leave a positive impact on the growth of the Africa video conferencing solutions market (6wresearch)

• The African video conferencing solution was at a growing stage due to factors like poor power grid infrastructure and low affordability of technically advanced solutions in the IT sector.
• But thanks to increased government investment in the IT sector and enhancement of the telecommunication industry, supported by power grid infrastructure development in developed and developed economies of countries like South Africa, Kenya, and Nigeria, which have video conferencing solutions that make serious headway and gaining popularity across the region, growth is expected for this market.

17. Africa's video conferencing market is expected to grow in the years 2020-26 (6Wresearch)

• The increasing growth rate and developing business environment in Africa have made the continent an attraction site for several companies who wish to penetrate the growing markets of African countries like Kenya, Ghana, and Mozambique.

18. Video conferencing is eyed by corporates in Africa as a better alternative when compared to other traditional methods of group communication like face to face meetings because it reduces communication costs (6wresearch)

• Companies don't need to spend huge expenses on accommodation, visas, buildings, or renting huge conferencing rooms. Adopting virtual meetings to replace face-to-face conferences curbs this spending.

19. From 2010-to 2020, there was an increase of 400% in employees who worked from home at least once a week (Paykobo).

Global Virtual Meeting Statistics

Nigeria as you know is not the only country that embraced virtual meetings. Other countries in the world did so as well, and all of their collective data has been taken to make up the global virtual meeting statistics we have now sampled in this section.

These statistics discuss how the rest of the world used virtual meetings and most importantly, how it affected companies.

1. Video conferencing statistics indicate that there is a 71% agreement between companies and employees on the fact that the trending global team distribution made video conferencing a daily need (Digital In the Round).

2. The predicted value of the global video conferencing market in 2021 was $6.03 billion (Digital In the Round).

3. Experts predict that video content marketing will grow at over 19% CAGR between 2020 and 2026 (Live Webinar).

4. Shares for the video conference market are expected to grow to $50 billion by 2026 (Live Webinar).

5. 75% of CEOs already predicted that video conferencing will be a replacement for regular conference calls (Live Webinar).

6. According to studies, 77% of attendees join video meetings using their laptops or desktop computers, 31% on mobile phones, and 13% on tablets (Live Webinar).

7. 86% of companies hold employee interviews over video calls (Live Webinar).

8. 73% of education professionals predict that video conferencing will reduce student dropout (Get VOIP).

9. 45% of teams use video calling software daily or weekly (Get VOIP).

10. 80% of employees use video calling for one-on-one meetings (Get VOIP).

11. 78% of employees use web conferencing tools for team meetings. (Get VOIP).

12. 67% of employees are likely to contribute to a meeting over video conferencing. (Get VOIP).

13. 87% of remote employees feel more connected and involved with teams and projects when using video conferencing (Get VOIP).

14. Video meetings boost productivity by 50% (Live Webinar).

15. 62% of companies use two or more video calling platforms (Get VOIP).

16. 83% of businesses with more than 250 employees are more likely to purchase video calling tools (Live Webinar).

17. Only 27% of small businesses are more likely to buy video calling tools (Get VOIP).

18. 55% of businesses agree that video conferencing successfully promotes employee engagement. (Get VOIP).

19. 66% of business executives agree that video conferencing has facilitated better connections with freelance or gig workers (Get VOIP).

20. 51% of people grade companies that use video conferencing as being more innovative (Digital In The Round).

21. Video conferencing experienced a 535% rise in daily traffic via the Zoom application (Live Webinar).

22. In 2020, 40 million users conference on Skype daily during the first half of the year (Live Webinar).

23. 25% of people aged 18-29 use video calls for work every day (Live Webinar).

24. Video conferencing use increased by 48% over the last couple of years before video use experienced a surge during the COVID-19 pandemic (Live Webinar).

25. Companies save over $11,000 yearly per worker via using video conferencing software (Live Webinar).

26. Dell reported that it gathered savings of over $12 million a year from reduced office space costs (Live Webinar).

27. By using web conferencing tools that allow them to telecommute, employees can save an average of $2,000-$7,000 (Live Webinar).

30. Video conferencing reduces travel costs by up to 30% (Live Webinar).

31. Full-time remote working saves the equivalent of 2-3 weeks yearly, taking into account travel and commuting times (Live Webinar).

32. Video conferencing curbed the need for business travel by 47% (Live Webinar).

33. Remote employees who worked remotely ten days per month saved up to 350 a year in commuting costs (Live Webinar).

34. Up to 9 in 10 people agree with the observation that video conferencing leads to savings, as projects are finished faster (Digital In The Round).

35. 51% of people predict that video will become even or more critical than AI and other future forms (Digital in the Round).

Key Takeaway

As the statistics above illustrate, remote work and virtual meetings continue to be effective ways to increase productivity and save costs for most businesses.

And of course, the most important thing is to ensure that you are using the right video conferencing equipment.