Reports and Data’s latest report, titled ‘Global Enterprise video Market,’ presents an all-encompassing study of the Enterprise video market. The study assesses the estimated market size, value, and share over the projected years (2020-2027). The report includes expert opinions on the current state of the market, alongside analyzing the latest market trends and developments. A broad segmentation of the video market comprises the diverse product types and their application areas. Through the latest study, the authors have determined the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. The vital market statistics have been presented in a tabular format to help readers comprehend the key market dynamics. Additionally, the authors have delivered a detailed study of this wide-ranging industry, highlighting the key industrial aspects, such as import-export dynamics, production consumption rates, sales channels, and consumer bases in the leading geographies.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Enterprise video market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Enterprise video business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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Geographical Segmentation:
The report is a prototype of the Enterprise video market and focuses on the market’s major regional segments. The market has been categorized into several key geographical segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa. In this section of the report, the anticipated market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects of each region have been evaluated.
Type Outlook (Revenue, USD Billion; 2020-2026)
- Video Content Management
- Video conferencing
- Webcasting
- Others
Deployment type Outlook (Revenue, USD Billion; 2020-2026)
- Cloud
- On-Premises
Offerings Type Outlook (Revenue, USD Billion; 2020-2026)
- Solutions
- Services
Organization size Type Outlook (Revenue, USD Billion; 2020-2026)
- Large Enterprises
- Small and Medium-Sized Enterprises
End-users Type Outlook (Revenue, USD Billion; 2020-2026)
- Banking, financial services and insurance [BFSI]
- Healthcare and Life Sciences
- Information Technology (IT) and Telecom
- Media and Entertainment
- Education
- Retail
- Others
Competitive Terrain:
The global Enterprise video market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand supply graphs, sales network, production consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Enterprise video market are listed below:
- Kaltura, IBM, Microsoft, Cisco, Adobe, Brightcove, Avaya, Panopto, Mediaplatform, Inc., and VBrick Systems.
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Key Points of the Report:
- Enterprise video market held a market share of USD 14.00 Billion in the year 2018, with a growth rate of 6.8% during the forecast period.
- Factors like the expansion of media and entertainment industry and the education sector are positively impacting the growth of the market.
- In the context of Type, the Video conferencing segment dominates the market that generated the highest revenue of USD 5.32 Billion in 2018 with a growth rate of 7.1% during the forecast period. Factors contributing to the generated revenue of this segment are the globalization of enterprises and the associated rise in demand for streamlining the communication process between employees located in different geographic location.
- In regards to Deployment type, On-premises segment leads the market occupying a larger market share of 75.0% with a growth rate of 6.4% during the forecast period. The market share held by the segment is attributed to the high preference of different enterprises to incorporate enterprise video solutions as a part of their communication system and conduct team meetings and training to be held on the premises with its help.
- While discussing Deployment type, it is mentionable here that the Cloud segment is forecasted to experience a higher growth rate of 7.8% during the forecast period that is forecasted to occupy 27.0% of the market by 2026. The growth rate of this segment is attributed to increasing emphasis on globalization among different enterprises and the associated rise in demand for communicating with employees situated in different geographic locations.
- In regards to Application, the Corporate Communications segment can be seen to lead the market that holds the largest market share of 31.0% in 2018, with a CAGR of 7.2% during the forecast period. The market dominance of the Corporate Communications segment is the consequence of the elevated need for enterprises to enhance their communication system along with the effectiveness of enterprise communication in strengthening internal and external communication of enterprises and establish effective communication with employees, stakeholders, and partners.
- In regards to region, Asia Pacific is forecasted to witness the highest growth rate of 8.1% during the forecast period. The growth rate of Asia Pacific in the market is the result of the rise in IT companies, enhanced IT penetration, and increased government expenditure on internet infrastructure.
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