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Video Communication Platform as a Service (PaaS) Market 2026: Explore the Driving Factors

04-27-2022 07:22 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Video Communication Platform as a Service (PaaS) Market

Video Communication Platform as a Service (PaaS) Market

The increase in adoption of cloud technology by video PaaS and the rise in demand for video PaaS in the business, media, healthcare and education sectors are the major factors driving the growth of the global video communication platform as a service market.

In addition, increased spending on cloud-based video services and lower cost of ownership fuels the growth of the global video communication (PaaS) market. However, the increasing concerns about data security and rising quality issues by the customers hampers the growth of the global video communication (PaaS) market.

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Furthermore, the increase in AI technology and video analytics are expected to create significant opportunities for the global video communication platform as a service (PaaS) market.

The global video communication platform as a service market is segmented based on deployment mode, organization size, industry vertical and region. As per deployment mode, the market is segmented into public cloud, private cloud,, and hybrid cloud.

Based on organization size, the market is segmented into small & medium enterprises and large enterprises.

As per industry vertical, the market is segmented into BFSI, Retail and ecommerce, IT and telecom, automotive & technology, manufacturing, healthcare, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global video communication platform as a service market is dominated by key players such as Cisco System Inc., Polycom Inc., Adobe Systems, Avaya Inc., Interoute Communication Limited, Huawei Technologies Co Ltd., VBrick Systems Inc., Applied Global Technologies LLC, and AVI-SPL Inc.

Key Benefits For Stakeholders:

• The study provides an in-depth analysis of the global video communication platform as a service (PaaS) market size along with the current trends and future estimations to elucidate the imminent investment pockets.

• Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.

• Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

• The quantitative analysis of the global video communication platform as a service (PaaS) industry from 2018 to 2026 is provided to determine the market potential.

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

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If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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