Enterprise Video Market Size to Reach USD 31.17 Billion, With an 9.13% CAGR by 2032 – Report by Market Research Future (MRFR)

Research Reports

Aug 11, 2023

Market Overview:

In the analysis provided by Market Research Future (MRFR), it is projected that the Enterprise Video Market has the potential to exhibit a growth rate of 9.13% from 2023 to 2032. This comprehensive report, titled “Enterprise Video Market: Component, Application, Delivery Mode, Industries, and Regional Analysis – Forecast up to 2032,” anticipates the market’s size to attain approximately USD 31.17 Billion by 2032’s conclusion.

Cloud-based video platforms provide numerous benefits due to their scalability, cost-effectiveness, and user-friendly nature. These platforms serve as centralized hubs for storing, organizing, and distributing video content, making them a preferred choice for businesses seeking efficient solutions for video content storage and management.

Market Competitive Landscape:

The affluent companies in the Enterprise Video industry include:

  • Kaltura
  • Rimage Corporation
  • Cisco Systems
  • International Business Machines
  • Verizon Communications
  • Microsoft Corporation
  • Polycom
  • Avaya Inc.

 

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Scope of the Report – Enterprise Video Market:

  Report Metrics   Details
  Market Size by 2032   USD 31.17 Billion
  CAGR during 2023-2032   9.13%
  Base Year   2022
  Forecast   2023-2032

 

Market Segmentation:

By component – hardware will lead the market over the forecast period.

By application – corporate learning will domineer the market over the forecast period.

  • By delivery mode – video conferring will spearhead the market over the forecast period.
  • By industries – healthcare will have the lions share in the market over the forecast period.

 

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Market Drivers:

By leveraging video analytics tools, companies can gain deeper insights into the viewership of their video content. This empowers them to refine their content and elevate their marketing strategies. Additionally, these tools offer the capability to monitor user engagement and proactively identify potential security vulnerabilities. Educational establishments are also increasingly incorporating multimedia presentations and videos to enrich learning experiences, capturing visual documentation of webinars and courses. The surge in smartphone usage and the widespread availability of high-speed internet have significantly fueled the integration of video materials for educational pursuits.

Latest Industry Updates:

March 2023: Pimloc, a privacy technology company based in the UK has lately released the CloudConnect API to safeguard enterprise video capture against privacy threats. The healthcares, automotive, & TV production sectors, which frequently contain endless hours of video footage, are perfect candidates for this approach.

Browse In-depth Market Research Report (87 Pages, Charts, Tables, Figures) Enterprise Video Market– https://www.marketresearchfuture.com/reports/enterprise-video-market-1932

COVID 19 Analysis:

The global COVID-19 pandemic has brought about a positive shift in the industry, driven by the growing requirement for workplace collaboration software. As numerous businesses embraced remote work strategies, the demand for video conferencing and content management solutions surged due to the widespread adoption of remote work practices. This, in turn, fueled an increased need for effective team communication tools, prompting major IT players such as Google LLC, Microsoft, and Zoom Video Communications, Inc. to develop comprehensive video conferencing solutions.

Regional Insights:

The North American market dominates, driven by increasing video conferencing adoption, particularly among local businesses. Prominent players like Adobe, Cisco, IBM, and Microsoft, along with high-speed internet availability, contribute to the US market growth. Future growth will come from demand for VPNs and tech investments. In Asia-Pacific, mobile broadband improvements and healthcare adoption fuel substantial growth, with India and China leading. Growing network infrastructure and online education boost the region, driven by globalization and BYOD trends. This propels global enterprise video market expansion in Asia-Pacific.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.

Tags: Enterprise Video Market Insights, Enterprise Video Market, Enterprise Video Market Share, Enterprise Video Market Trends, Enterprise Video Market Growth, Enterprise Video Market Overview, Enterprise Video Market Demand See Campaign: https://www.marketresearchfuture.com/reports/enterprise-video-market-1932

Contact Information:

Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com

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