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Enterprise Video Market Emerging Trend, Top Companies, Industry Demand by 2031

08-29-2024 04:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Enterprise Video Market

Enterprise Video Market

The Global Enterprise Video Market is expected to grow at a significant CAGR during the forecast period (2024-2031). As globalization shrinks the workplaces and personal networks, the need for effective communication systems has become more apparent. Video interfaces are being considered by companies that seek to improve efficient communication amongst worldwide workforces. Video interfaces are favored because they may boost productivity and reach out to more people.

Video solutions are being used by businesses to improve internal and external stakeholder communication, increase consumer engagement, and enhance career development. For both internal and external operations, enterprise video has emerged as a critical component of a company's content marketing strategy. Over the previous five years, streaming media players have claimed massive increases in content quantities as well as a sharp increase in inactive users. Enterprise video conferencing is the most popular and influential sector in this market, as it allows businesses to broadcast, enable communications, give training to workers and contractors, and support collaboration on a consistent, efficient, and timely basis.

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There has been an increase in the use of videos to enhance the learning process in various educational institutes, such as visual recordings of courses and webinars. Students' capacity to remember knowledge is greatly improved when visual records are used. As a result, schools, universities, and colleges have begun to produce multimedia information and offer it via video presentations. Furthermore, as a result of increasing smartphone penetration and internet availability, there has been a significant increase in consumption and easy access to video content, which is positively influencing the adoption of video content for educational purposes. The widespread use of digital media across many business verticals has resulted in a growing audience preference for various streaming solutions and services, which has given market participants attractive prospects.

Video solutions such as conferencing have made medical support more accessible, and these solutions are available on-premise as well as in the cloud, making them cost-effective for both healthcare organizations and patients.

The general shift and increasing healthcare IT expenditure towards telemedicine services is a significant driver driving the market growth. This is bolstered by increased efforts on the part of national governments to improve their healthcare infrastructures. In 2018, Forbes projected that telemedicine services accounted for roughly 65% of interactions with healthcare facilities.

LogMeIn Inc. and Dolby Laboratories established a collaboration in June 2019, to promote Dolby Laboratories' recent release of GoTo Room video conferencing software. It allows virtual conference rooms based on Dolby hardware and LogMeIn's GoToMeeting software to be featured.

Full report of Enterprise Video Market available @ https://www.omrglobal.com/industry-reports/enterprise-video-market

Market Coverage

Segment Covered-
o By Component

o By Type

o By End-User Industry

Competitive Landscape: Adobe Inc., Brightcove, Inc., Avaya, Inc., Vidyo, Inc., Vbrick Systems, Inc., Mediaplatform, Inc., Polycom, Inc., Cisco Systems, Inc., IBM Corporation, Microsoft Corporation, Kaltura Inc., and Ooyala, Inc. among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Enterprise Video Market Report

By Type

Video Conferencing
Video Content Management
Webcasting

By Components

Hardware
Software

By End-user Industry

BFSI
Retail
Healthcare


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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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