Agora leads APAC RTC Market, secures largest market share

The company currently operates in over 200 countries.

Photo from Agora

Agora as a key player in APAC

Agora, Inc. has established itself as a leader in the APAC region by capturing the largest market share in the Real-Time Communication (RTC) industry. Globally, the company is present in over 200 countries, serving 1,700 customers as of March 2024—a 14 percent increase from last year.

The company's Real-Time Engagement Platform currently powers over 60 billion minutes of live voice and video monthly, contributing to a revenue of USD 15.8 million (around PHP 881.06 million), up 4.6 percent year-on-year.

Within ten years, Agora has achieved a 60 percent penetration rate in top 1v1 video apps, currently powers 45 percent of Southeast Asian dating apps, and has a 40 percent penetration rate in top live streaming apps.

It also has ongoing collaborations with companies across Southeast Asia, such as Tevi (Vietnam), KUMU (Philippines), Fastwork.co (Thailand), Everywhere.id (Indonesia), Soma (South Korean), Parallel (Japan), and Ellie Baby Monitor (Malaysia) which led to positive results.

For instance, after implementing Agora.io's real-time calling, Fastwork, a freelancing platform in Southeast Asia, saw a 2x increase in chat-to-payment conversions. Similarly, since adopting Agora's interactive live-streaming solutions, Everywhere.id in Indonesia has seen an average 71 percent increase in interactions, with a peak of 13 million minutes of monthly engagement.

Our advanced real-time engagement solutions empower businesses to deliver seamless, interactive experiences, tailored to meet the diverse needs of global audiences,” said Effie Fang, Director of Agora's APAC Sales Team.

As we expand our presence and technology offerings, we are also committed to helping local companies discover their strengths and achieve global success, Fang added.

Looking ahead, Agora said it aims to transform the AI landscape with its advanced multimodal solutions. The company will enable the rapid creation of seamless AI experiences across voice, video, and chat, by ensuring ultra-low latency and top-tier performance regardless of network conditions.

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