Enterprise Video Market Grow By Leading Industry Players IBM, Microsoft, Kaltura, Polycom, Cisco, Adobe, Avaya, Brightcove, Vidyo, VBrick Systems and Others.

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The Enterprise Video Market is expected to grow from US$ 13.5 Billion in 2018 to US$ 19.8 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period. The enterprise video market is driven by various factors, such as rising internet penetration and growing demand for video streaming along with the increasing need of organizations for reducing operational expenses.

“Services segment is expected to grow at the highest CAGR during the forecast period.”
With the increasing adoption of enterprise video solutions, the demand for supporting services is also growing among end users. Enterprise video services include professional services and managed services. Professional service providers offer technical support to end users of enterprise video solutions. Adopting enterprise video services helps organizations focus on their core competencies rather than managing their enterprise video solutions.

“BFSI vertical is expected to hold the largest market share during the forecast period.”
Enterprise video solutions enable BFSI enterprises to carry out enhanced branch communication through the sharing of audio, video, and digital content with their customers. These solutions empower organizations to transform branches into sales and service channels without employing additional onsite staff. The deployment of enterprise video solutions in BFSI enterprises ensures improved accountability, enhanced risk management, excellent operational management, and improved end-to-end security governance.

“APAC enterprise video market is expected to record the highest growth rate during the forecast period.”
The APAC enterprise video market is expected to have the highest growth rate during the forecast period, due to the increase in demand for cloud-based enterprise video solutions. Growing economies of countries such as China, Australia & New Zealand, India, and Singapore provide huge opportunities for the adoption of enterprise video solutions and services across different industry verticals.

Breakdown of primary participants’ profile:
• By company type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
• By designation: C-level – 60%, D-level – 25%, and Others – 15%
• By region: North America–20%, Europe–20%, APAC– 40%, MEA– 10% and Latin America– 10%

Report Highlights:
• To profile the key players operating in the market and generate a comparative analysis based on their business overviews, service offerings, regional presence, business strategies, and key financials

• To analyze various macroeconomic and microeconomic factors that affect the growth of the market across the globe

• To forecast the size of the market and its segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America

• To provide detailed information about the major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the enterprise video industry

• To track and analyze competitive developments such as acquisitions, new product launches/service launches/product enhancements, partnerships, agreements, and collaborations, and research & development (R&D) activities in the market

Reason to buy this report:
Enterprise Video Market report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall enterprise video market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

Most Popular Companies in the Enterprise Video Market include are IBM (US), Microsoft (US), Kaltura (US), Polycom (US), Cisco (US), Adobe (US), Avaya (US), Brightcove (US), Vidyo (US), VBrick Systems (US), MediaPlatform (US), Ooyala (US), Qumu Corporation (US), Panopto (US), Vidizmo(US), Amazon Web Services (US), Lifesize (US), BlueJeans Network (US), INXPO (US), RingCentral (US), Haivision (Canada), Sonic Foundry (US), Kollective Technology(US), ON24 (US).

Competitive Landscape of Enterprise Video Market:
1 Overview
2 Ranking of Key Players, 2018
3 Competitive Scenario
3.1 New Product/Solution/Service Launches and Product Enhancements
3.2 Acquisitions
3.3 Partnerships

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