Press release
Enterprise Video Content Management Market , Trends, Analysis, Opportunities, Share and Forecast – 2019-2025
Enterprise Video Content Management Market
Demand for enterprise video content management accounted for a CAGR of 11.2% from 2018 to 2025. Revenue projected by the year 2025 is worth of USD 13,402.0 million, it was accounted at USD 8,210.4 million in 2018.
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Demand for the software platform, a segment that generated a revenue of USD 5,718.7 million alone in 2018, which was nearly 72% of the overall demand. This particular segment is expected to sustain its strong demand until 2025 too, when it is estimated to be worth USD 9,162.2 million, serving 69.8% of the demand as opposed to another segment of support services. Geographically, the TMR report rates North America as the most lucrative region. The North America enterprise video content management market is projected to be worth USD 4,312.1 million by 2025, expanding at a CAGR of 9.8% during the forecast period of 2018 to 2025.
North America is holding the largest market share for Enterprise Video Content Management solution market due to the high adoption of digital technologies among enterprises in various industries. The adoption of software as a service model platform is also impacting the market for Enterprise Video Content Management solutions in a positive manner as large solution providers have started providing these Enterprise Video Content Management solutions on cloud to small enterprises. In the European region, the market for Enterprise Video Content Management solution is observed at a high growth rate due to the increasing demand for video platforms that can be self-hosted, cloud-hosted and have multi-tenant deployment options.
Enterprise Video Content Management solution market has prominent vendors some of them are IBM, Kaltura, Media Platform, Polycom, VBrick, BrightCove, Genus technologies, Panopto, and others.
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