Enterprise Video Market 2020 Global Leaders Overview: Rimage, Cisco Systems, Kaltura, Verizon Communications, Polycom, Avaya, Wistia

Market Research Future published a research report on “Enterprise Video Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario

Market Research Future (MRFR), in its latest report on the enterprise video market 2020, states different factors that can influence the market in the review period. The impact of COVID 19 on the enterprise video market is elaborated in the report. According to MRFR analysis, the Global Enterprise Video Market can thrive at is 13% CAGR in the analysis period 2016 – 2022. The enterprise video market value can touch USD 31 billion by 2022.

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The increase in the effectiveness of communication offered by enterprise video solution across different organizations is boosting their adoption that is observed to promote the expansion of the enterprise video market in the assessment period. The increase in the need for communicating with co-employees for different reasons, such as announcement of changes, implementation of new policies, and taking feedback among others, which are essential to boost the efficiency of organizations can support the expansion of the market in the years to come. In case of COVID 19, the need for Enterprise Video system is surging as the physical presence of people are restricted. These can support the expansion of the enterprise video market in the years ahead. In addition, the increase in the size of organization and rise in demand for on-demand solutions and services can promote the expansion of the market across the analysis period. On the contrary, the enterprise Video market can experience slowdown due to increase in deployment price and increase in the need for technical expertise.

The study indicates, the area of opportunity in the enterprise video market is the video collaboration, including the integration of videoconferencing and streaming across the enterprise for both acquisition and distribution.

Key Players

The prominent players in the of Enterprise Video Market are- Kaltura Inc. (U.S.), Rimage Corporation (U.S.), Cisco Systems, Inc. (U.S.), International Business Machines (U.S.), Verizon Communications, Inc. (U.S.), Microsoft Corporation (U.S.), Polycom (U.S.), Avaya Inc. (U.S.), Wistia Inc. (U.S.). Some others players in this market are- Anvato, Vimond Media Solutions, Ustream, Kollective among others.

Market Segmentation

The global enterprise video market is segmented in the latest MRFR report on the basis of services, application, component, industry, and delivery mode. By component, the enterprise video market is segmented into hardware and software. Based on services, the market is segmented into professional and managed. Based on application, the global enterprise video market is segmented into corporate learning and training & development. Based on delivery mode, the global market for enterprise video systems is segmented into web conferencing and video conferencing. Based on application, the market is segmented into manufacturing, media & entertainment, healthcare, BFSI, oil & gas, telecom & IT, and aerospace & defense.

Regional Analysis

The global enterprise video market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is likely to acquire the largest share for the enterprise video market owing to the presence of many elite players in the region. The U.S. and Canada are the most significant country-specific markets in North America owing to a skyrocketing adoption of enterprise video systems.

Europe is estimated to garner the second biggest market share, after North America because of the growing healthcare and BFSI sectors in the region. Asia Pacific will emerge as the fastest growing market for enterprise video systems. Such growth can be owed to dynamic economic growth in developing countries such as India and China.

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Intended Audience

• Professional service providers
• Software development companies
• Software distributors
• MNCs
• Network Providers

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This release was published on openPR.