Question

whats the Porter's Five Forces Analysis about video conferencing?

Answer 1

Poter's five forces anaysis about video conferencing :

1. Threat of new entry - video conferencing via cloud is one of the most competitive field and entry of new players is easy but establishing is difficult as the already well established players like skype(Mircrosoft) ,Cisco tend to have there own level of user experience making people attached to it
2. Competitive rivalries - as a field of technology ,bringing an edge is always a fight for, all the IT experts tend to fight as many companies from many nations do fight for it (most influential point in video conferencing industry)
3. Bargaining power of suppliers - here from the price of the supplier from availability to the strategical approach of supplier to give supplies do matter as it will be different in terms of concepts and ideas bringing product and user experience differentiation
4. Bargaining power of buyers - normally buyers are the ones who can have full advantage of it as with the changing time such services do not have any direct costs rather internet connectivity is required
5. Threat of substitution  - in the time of pandemic it has been one of the most used source whether for work , education,learning or communication. However, audio conferencing can be there but the visual effects of video conferencing can't be taken by mere audio

Conclusively, as per poter's five aspects for video conferencing the competetive rivilary has a bigger role to play . But all can be stated as above

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