According to SPER Market Research, the Global Enterprise Video Market is significantly increasing in the number of online video viewers plays a key role in the growth of the market. According to the popular video streaming platform YouTube, it has more than 2 billion users and about 5 billion videos are watched on the site every day. Additionally, several companies are incorporating video into their content marketing strategies, which is having a positive impact on market statistics. Market growth is further fueled by rising demand for video conferencing and webcasting solutions in various organizations. Use these services to improve collaboration between internal and external stakeholders and enable effective customer engagement.
The emergence of the COVID-19 pandemic has created a lucrative opportunity for the enterprise video market due to increased demand for video conferencing solutions in various organizations and government agencies. In response to the global health crisis, governments in various countries are now providing funding to help law enforcement agencies integrate corporate video solutions into their operations.
Enterprise Video Market Overview:
- Forecast CAGR (2022-2032): 14.03%.
- Forecast Market Size (2032): 69.47 billion.
Impact of COVID-19 on the Global Enterprise Video Market:
The global COVID-19 problem has had a beneficial effect on the market because more organizations are turning to remote working arrangements as a result of the pandemic, which has increased the need for enterprise collaboration software. Video conferencing and content management are in high demand due to the growing trend of remote work. Due to the increased need for team communication tools, top technology companies including Microsoft, Google LLC, and Zoom Video Communications, Inc. have developed video conferencing solutions.
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Enterprise Video Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and
supply forecasts for the years up to 2032. This report contains statistics on
product type segment growth estimates and forecasts.
- Video Conferencing
- Video Content Management
- Integration & Deployment
- Managed Service
- Professional Service
- Corporate Communications
- Training & Development
- Marketing & Client Engagement
- IT & Telecom, Banking
- Financial Services, and Insurance (BFSI)
- Healthcare & Life Sciences
- Media & Entertainment
- Retail & Consumer Goods
- North America
The report covers market characteristics, size and growth, segmentation,
regional and country breakdowns, competitive landscape, market shares, trends,
and strategies for this market. It traces the market’s historic and forecast market
growth by geography.
Enterprise Video Market Key Players:
The Global Enterprise Video Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Adobe, Avaya Inc., Brightcove Inc., Cisco Systems, Inc., IBM Corporation, Kaltura, Inc., Microsoft, Polycom, Inc. (Plantronics, Inc.), VBrick, Vidyo, Inc.
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