The global
enterprise video market projected to grow from an estimated USD 16.34 Billion
in 2017 to USD 40.84 Billion by 2022, at a Compound Annual Growth Rate (CAGR)
of 20.1% from 2017 to 2022. The major drivers for the upsurge in demand in the
market include the growing demand for video streaming and increasing internet
penetration as well as exponentially increasing adoption of cloud technology
across businesses.
Based on
application, the knowledge sharing & collaboration segment is expected to
hold the largest share of the enterprise video market. Knowledge sharing &
collaboration video applications help enterprises stimulate creativity and
engagement as well as innovation. By adopting enterprise video solutions,
enterprises encourage their employees to exchange ideas, discuss projects,
access data, and solve problems. Thus, the use of video communications for
knowledge sharing & collaboration is expected to be the leading application
among enterprises.
Based on
deployment mode, the enterprise video market has been segmented into cloud,
hybrid, and on-premises. The rise in the number of remote and mobile users as
well as new branch office locations of enterprises all over the globe is
spurring the need for hybrid video conferencing deployments. Thus, the demand
for hybrid deployments is expected to grow rapidly at the highest CAGR during
the forecast period.
The
enterprise video market includes players such as Adobe Systems Incorporated
(US), Brightcove Inc. (US), Avaya, Inc. (US), Vidyo, Inc. (US), VBrick Systems
Inc. (US), MediaPlatform, Inc. (US), Polycom, Inc. (US), Cisco Systems, Inc.
(US), IBM Corporation (US), Microsoft Corporation (US), Kaltura (US), and Ooyala,
Inc. (US).
https://www.marketsandmarkets.com/Market-Reports/enterprise-video-market-1182.html
Key Target Audience
- Enterprise Video Solution &
Platform Vendors
- IT Developers
- Consulting Service Providers
- Telecom Operators
- Over-the-top Players (OTT)
- Cloud Service Providers
- Government Agencies
- Network and System Integrators
- Software Vendors
- Content Delivery Network
Providers
- Web and Video Conferencing
Service Providers
- Webcasting Service Providers
- Video Content Management
Software Providers
- Video On-demand Service
Providers
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