Video-As-A-Service (VaaS) Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Video-As-A-Service (VaaS) Global Market Report 2023 identifies increase in number of internet users worldwide as the major driver for the video-as-a-service (VaaS) market's growth in the forecast period. The Internet is a vast network of computer networks that provides access to information resources over a variety of private, public, commercial, academic, and governmental networks. Video-as-a-service (VaaS) helps internet users with live streaming, home security, video on demand, and other tools that improve professional and personal interactions.

The global video-as-a-service (VaaS) market size is expected to grow from $3.77 billion in 2022 to $4.55 billion in 2023 at a compound annual growth rate (CAGR) of 20.65%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The video-as-a-service (VaaS) market size is expected to reach $10.23 billion in 2027, at a CAGR of 22.46%.

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Major competitors in the video-as-a-service (VaaS) market are Amazon Web Services Inc., Avaya Holdings Corp., BlueJeans, Cisco Systems Inc., Huawei Technologies Co. Ltd., GoTo (LogMeIn Inc.), AVI-SPL, Zoom Video Communications Inc.

A key trend in the video-as-a-service (VaaS) market includes technological advancement. Major companies operating in the market are focused on research and development for technological advancements, such as end-to-end encryption (E2EE), that could give better solutions and strengthen their position in the market. End-to-end encryption (E2EE) is a secured communication technique that resists outsiders from accessing data while it is transported from one end system or device to another. For instance, in October 2020, Zoom Video Communications Inc., a US-based company operating in communications technology and video-as-a-service (VaaS), introduced end-to-end encryption (E2EE) in video conferencing to provide more secure meetings. Zoom's E2EE offers 256-bit AES-GCM encryption that secures Zoom meetings by default, and users who enable E2EE for their meetings have access to the encryption keys used to encrypt the meeting.

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The video-as-a-service (VaaS) market is segmented -
• By Type: Managed Services, Broadcasting Video Communication, Video Conferencing, Video Content Management, Real-Time Video Monitoring, Professional Services, Consulting, System Integration, Support And Maintenance

• By Deployment Model: Private Cloud, Public Cloud, Hybrid Cloud

• By Enterprise Size: Large Enterprises, Small And Medium Enterprises

• By Applications: Corporate Communications, Training And Development, Marketing And Client Engagement

• By Industrial Verticals: Banking, Financial Services And Insurance (BFSI), Information Technology (IT) & Telecom, Healthcare And Life Sciences, Education, Media And Entertainment, Government And Public Sector, Retail And Consumer Goods, Other Industrial Vertical

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the video-as-a-service (VaaS) market.

The Business Research Company's "Global Video-As-A-Service (VaaS) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Video-As-A-Service (VaaS) Market Include:
1. Executive Summary
2. Video-As-A-Service (VaaS) Market Characteristics
3. Video-As-A-Service (VaaS) Market Trends And Strategies
4. Video-As-A-Service (VaaS) Market - Macro Economic Scenario
5. Video-As-A-Service (VaaS) Market Size And Growth
……
26. Africa Video-As-A-Service (VaaS) Market
27. Video-As-A-Service (VaaS) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video-As-A-Service (VaaS) Market
29. Video-As-A-Service (VaaS) Market Future Outlook and Potential Analysis
30. Appendix

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