Press release
Global Video Communication PaaS Market to Approach : North America Demanding Region
Persistence Market Research delivers in-depth research and insights on the global video communication Platform as a Service (PaaS) market in a new report titled, “Video PaaS Market: Global Industry Analysis and Forecast, 2016–2024”. According to the report, the global video communication Platform as a Service (PaaS) market is estimated to be valued at US$ 97.67 Mn by 2016 end. Persistence Market Research analyzes the various factors and trends impacting this growth over the forecasted eight-year period (2016-2024).
Demand for video conferencing and collaboration, which is increasingly used in a wide range of applications and industries such as such as media, business, education, and healthcare is increasing significantly. Video PaaS products are gaining traction in terms of application in the telehealth, media and entertainment, education, and banking and finance sectors. This is expected to bolster the growth of the global video communication Platform as a Service (PaaS) market. Growth of cloud integration is further fueling the revenue growth of the global video communication Platform as a Service (PaaS) market. However, rising concerns regarding data security, increasing quality issues, and lack of a proper business case for real-time communications is likely to restrict growth of the global video communication Platform as a Service (PaaS) market over the forecast period.
Several trends are likely to govern the global video communication Platform as a Service (PaaS) market in the next eight years. Rising popularity of 3D video conferencing, increasing focus on mobile video conferencing, growing adoption of browser-based video conferencing using WebRTC, and an adoption of the private cloud by service providers are some of the trends expected to impact the global video communication Platform as a Service (PaaS) market during the forecast period.
The global video communication Platform as a Service (PaaS) market is segmented on the basis of Deployment Type (Public Cloud, Private Cloud); Application (Video Conference & Collaboration, Broadcasting Video Communication, Real Time Video Communication, Video Content Management, Others); End Use (Social, Media & Entertainment, Education, Healthcare, Banking & Finance); and Region (North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa). The Private Cloud deployment type segment is estimated to account for a market value share of 57.4% by 2016 end. The Public Cloud segment revenue is projected to register Y-o-Y growth rates ranging from 41.1% to 41.3% over 2016–2024. The Broadcasting Video Communication application segment is anticipated to register a comparatively high CAGR of 41.4% over the forecast period. The Education end use segment revenue is expected to witness Y-o-Y growth rates ranging from 41.7% to 48.5% over 2016–2024.
Request Report Sample @ http://www.persistencemarketresearch.com/samples/11917
By region, North America is estimated to be the dominant market in the global video communication Platform as a Service (PaaS) market accounting for 85.4% value share of the global video communication Platform as a Service (PaaS) market in 2016. North America is expected to continue to dominate the market throughout the forecast period. The market in Europe is expected to account for 5.2% share in terms of value in the global video communication Platform as a Service (PaaS) market.
For More Information Request TOC (desk of content material), Figures and Tables of the report @ http://www.persistencemarketresearch.com/market-research/video-paas-market/toc
The report profiles some of the top market players operating in the global video communication Platform as a Service (PaaS) market. Companies featured in the report are GENBAND, Vidyo Inc., SightCall, Twilio, Inc., TokBox, Xura, Sinch, and Agora.io.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/11917
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Video Communication PaaS Market to Approach : North America Demanding Region here
News-ID: 401835 • Views: …
More Releases from Persistence Market Research
Europe Textile Recycling Market to Reach US$ 2,966.5 Mn by 2032: Growth Driven b …
The Europe textile recycling market is undergoing a remarkable transformation as the region embraces sustainability, circular economy practices, and eco-conscious consumer behavior. Textile recycling-once a niche concept-has now become an integral part of Europe's strategy to reduce waste, conserve resources, and promote ethical fashion. Driven by government initiatives, growing awareness of textile waste's environmental impact, and technological innovation, the market is poised for steady growth in the coming years.
According to…
Agricultural Microbial Market to Reach US$ 17.47 Bn by 2032: Growth Driven by Su …
The agricultural microbial market is gaining remarkable traction as global farming practices shift toward sustainability, efficiency, and soil health improvement. Microbials-comprising beneficial bacteria, fungi, viruses, and protozoa-play a vital role in promoting plant growth, enhancing nutrient uptake, and protecting crops from diseases. With the world facing mounting pressure to increase agricultural productivity while minimizing environmental impact, microbial-based products are emerging as essential tools for modern agriculture.
According to the latest study…
Pine-derived Chemicals Market to Reach US$ 8.7 Bn by 2032, Driven by Rising Dema …
The global pine-derived chemicals market is witnessing steady growth as industries increasingly shift toward bio-based, renewable, and sustainable raw materials. Derived from pine trees, these chemicals-such as rosin, turpentine, and tall oil-are used in a variety of industrial and consumer applications, ranging from adhesives and coatings to food, pharmaceuticals, and personal care products. With growing awareness about environmental sustainability and the circular economy, pine-derived chemicals are gaining prominence as natural…
Bio-succinic Acid Market to Reach US$ 415.3 Mn by 2032: Growth Driven by Rising …
The bio-succinic acid market is rapidly emerging as a key component of the global bio-based chemical industry, owing to its versatile applications and sustainable production process. Bio-succinic acid, derived from renewable feedstocks such as sugar, corn, and agricultural waste, serves as a sustainable alternative to petrochemical-based succinic acid. Its eco-friendly nature, combined with rising concerns over carbon emissions and fossil fuel depletion, has made it increasingly popular across multiple industries.
According…
More Releases for PaaS
Global IoT Platform As A Service (PaaS) Market Size by Application, Type, and Ge …
According to Market Research Intellect, the global IoT Platform As A Service (PaaS) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The IoT Platform as a Service (PaaS) market is witnessing rapid growth fueled by…
Edge Computing PaaS Market Size Analysis by Application, Type, and Region: Forec …
USA, New Jersey- According to Market Research Intellect, the global Edge Computing PaaS market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The edge computing Platform-as-a-Service (PaaS) market is anticipated to grow at a compound annual growth rate (CAGR) of 18.7% from 2025 to 2032. This…
Global Iaas Paas Market Size by Application, Type, and Geography: Forecast to Ia …
USA, New Jersey- According to Market Research Intellect, the global Iaas Paas market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) market is witnessing rapid growth, driven by increasing cloud adoption across industries. Businesses…
Video Communication Platform as a Service (PaaS) Market
Currently, the global market for video communication platforms as a service is worth US$4.3 billion. By the end of the decade, according to this market study by Persistence Market Research, the valuation will have tripled. The environment is anticipated to undergo significant change and to grow at an astounding CAGR of 48%. A little over 35% of the global market share is accounted for by the North American continent.
New Trends…
PAAS Market Growth And Opportunities 2022-2028
Platform as a service (PaaS) is a complete cloud development and deployment environment with resources to deliver everything from simple cloud-based apps to sophisticated, cloud-enabled enterprise applications.
Platform as a service (PaaS) Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of…
cloudControl Launches First Partnership for White Label PaaS
exoscale, a Swiss Infrastructure-as-a-Service (IaaS) provider, has launched the first service offering run with cloudControl White Label PaaS. cloudControl, a Platform-as-a-Service (PaaS) provider from Berlin, touts the worldwide only Public PaaS that that is available as a White Label solution to service providers. Exoscale is now able to expand their own IaaS offering with cloudControl PaaS and offer it under their own brand, which significantly reduces their time-to-market. End customers…
