The corporate video market to reach $ 23.0 billion by 2025



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Dallas, Texas, December 15, 2020 (GLOBE NEWSWIRE) – The “Enterprise Video Market by Component (Solutions (Video Conferencing, Video Content Management, and Webcasting) and Services, Deployment Type (On-premises, and Cloud)), Applications (Communication business, training and development, and marketing and customer engagement), Delivery technique (Traditional Download / Streaming, Adaptive Streaming and Progressive Download), Vertical (BFSI, IT and Telecommunications, Health and Life Sciences, Media and Entertainment, Education, Retail & Consumer Goods, and Others), and Region, Global Forecast, 2018 to 2028 ”, provides a detailed view of historical, present and forecasted market estimates.

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The global corporate video market size is expected to reach nearly USD 23.0 billion by 2025. Moreover, it is expected to reach a CAGR of around 8% during the forecast years 2020-2025. Corporate video can be viewed as a platform for video communication for various applications in an enterprise. It has multiple use cases for vendors, stakeholders, partners, employees, and even outside consumers. It ensures effective communication for everyone in the organization. It offers benefits such as saving time and reducing costs as employees do not need to travel for face to face meetings and can communicate remotely with their geographically distant teammate using video solutions from company. They are the engines of the market. The market also has several constraints. The high cost of deploying enterprise video solutions is a major obstacle to market growth. Another factor hampering the growth of the market is the need for technical support and slow internet.

The future and existing progress of the corporate video market are described to know the attractiveness of the market. The main influencing factors focus on corporate video market opportunities over the forecast years. Factors such as increase of applications and use cases in different verticals to reduce operating costs as well as increased business efficiency are driving the market growth. In addition, corporate video solutions help employees to stay connected to their geographically distant teammate and ensure proper communication, which further contributes to the growth of the global corporate video market. However, the lack of required internet speed and the high cost of deploying these solutions are likely to hamper the growth of the market. In addition, the absorption and development of cloud technology is expected to be an opportunity for enterprise video companies.

Browse the full report with table of contents and list of figures at https://www.adroitmarketresearch.com/industry-reports/enterprise-video-market

The report also describes the various characteristics of the global corporate video industry by assessing the market from a value chain analysis. Moreover, the Corporate Video market report comprises various qualitative parts of the Corporate Video industry within market restraints, critical industry drivers, and opportunities. Furthermore, the report provides a comprehensive assessment of the market through company profiling and the competitiveness of local and global vendors.

The corporate video market has strong competition among the new and already well-known market players. In addition, players in the corporate video industry are looking for potential markets to gain a competitive edge among other industry players by forming mergers and acquisitions, deals, acquiring other companies and new startups, establishing collaborations and partnerships and developing their commercial existence.

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The market is segmented on the basis of component, type of deployment, applications, delivery technique, vertical, and regions. On the basis of components, the enterprise video market is divided into solutions and services. The solutions are further divided into video conferencing, video content management and webcasting. Based on the type of deployment, the market is divided into on-premises and cloud. On the basis of applications, the market is segmented into business communication, training and development, and marketing and customer engagement. Based on the delivery technique, the market is categorized into traditional download / streaming, adaptive streaming, and progressive download. On the basis of vertical, the global corporate video market is segmented into BFSI, IT & Telecommunications, Health & Life Sciences, Media & Entertainment, Education, Retail & Consumer Goods, and others.

The North America region is expected to hold the highest market share in the forecast years due to the presence of key industry players in the market. The market is at the forefront of adopting new technologies, which is also expanding the North American market. The Asia-Pacific region is expected to show the highest growth rate over the forecast years due to growing awareness of technology and increasing penetration of internet and smartphones. The region is expected to see massive adoption of these solutions among small and medium-sized businesses.

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The main players in the global corporate video market are IBM, Microsoft, Kaltura, Polycom, Cisco, Adobe, Avaya, Brightcove, Vidyo, VBrick Systems, MediaPlatform, Ooyala, Qumu Corporation, Panopto, Vidizmo, Amazon Web Services, Lifesize , BlueJeans Network, INXPO, RingCentral, Haivision, Sonic Foundry, Kollective Technology, ON24 and join.me. These vendors have adopted a variety of traditional and non-traditional growth strategies to increase their market share, including new product launches, partnerships and collaborations, and mergers and acquisitions.

Main points from the table of contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Corporate Video Market Overview, By Component
Chapter 5 Global Business Video Market Overview, By Deployment Type
Chapter 6 Global Business Video Market Overview, By Applications
Chapter 7 Global Corporate Video Market Overview, By Delivery Technique
Chapter 8 Global Corporate Video Market Overview, By Vertical
Chapter 9 Global Corporate Video Market Overview, By Region
Chapter 10 Company Profiles
Conclusion of Chapter 11

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Adroit Market Research is a global business analysis and consulting company incorporated in 2018. Our target audience is a wide range of companies, manufacturers, product / technology development institutions and industry associations that require an understanding of the size of a market, key trends, participants and the future. perspectives of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market information to help them create opportunities that increase their income. We follow a code – Explore, Learn and Transform. At the core, we are curious people who enjoy identifying and understanding industry patterns, creating in-depth study around our results, and producing roadmaps to making money.

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