The video conferencing segment from solutions insight accounted for 40% of enterprise video market size in revenue.
The enterprise video market is worth USD 21.23 billion in 2022 and is expected to grow at a 13.8% CAGR from 2022 to 2032 and reach US$ 77.32 billion by 2032.
The increased application of enterprise video solutions across organisations to improve collaboration among their global workforces is primarily responsible for the enterprise video market growth. Several enterprise video market companies are now focusing on developing content delivery networks that will accelerate the delivery of multimedia internet content and provide enterprises with better video streaming capabilities.
The growing demand for on-demand video streaming for learning and development training across various organisations is hastening enterprise video market growth as well as enterprise video market key trends and opportunities.
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On-demand videos assist employees in obtaining detailed information that has previously been recorded by trainers, colleagues, and executives affecting the enterprise video market adoption trends. Many businesses use enterprise video platforms for external activities such as sales, marketing, customer and partner training, and public event broadcasting hence surging the demand for enterprise video.
Due to the presence of major enterprise video market players in the region, the North America enterprise video market accounted for a sizable revenue share. Access to high-quality internet, combined with rising demand for visual meetings, has created lucrative enterprise video market opportunities in the US enterprise video market. Rising demand for enterprise video market and virtual private networks across a variety of businesses and educational institutions is expected to drive regional enterprise video market growth.
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COMPETITIVE LANDSCAPE:
New market research report on Enterprise Video says that Adobe, Inc.; Avaya Inc.; Brightcove Inc.; Cisco Systems, Inc.; IBM Corporation; Kaltura; Microsoft Corporation; Polycom, Inc.; VBrick Systems; Vidyo Inc. are among the legacy players vendors.
The research offers a comprehensive competition analysis of these top competitors in the enterprise video market, including enterprise video market growth, enterprise video market share, enterprise video market key trends and opportunities and important enterprise video market statistics.
Recent Development in the Enterprise Video:
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Key Segments
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Mar 16, 2023