Enterprise Video Market To Report Impressive Growth, Revenue To Surge To US$46.63 Billion By 2022

10-Sep-2018 | Zion Market Research

With the presence of a large pool of participants, the global enterprise video market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). AT&T, Huawei, Cisco Systems, and Huawei are some of the key vendors of enterprise video across the world. These players across enterprise video market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key growth strategy for enterprise video market, states the enterprise video market study.

In a key boost to enterprise video market, in March 2018, IBM implanted zoom video meetings into its IBM Watson Workplace Plus. The firm Zoom video communications collaborated with IBM to enhance the efficiency of Workspace Plus user so that they can report the chats to zoom video meetings within a sole click on the workspace interface. For the record, IBM will equip and sell video communications service of Zoom to the end-users by displaying it as a part of its Watson Workspace.

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This review is based on a report by Zion Market Research, titled Enterprise Video Market by Type (Video Conferencing, Web Conferencing, Video Streaming) for BFSI, Telecom & IT, Healthcare, Transportation & Logistics, Media & Entertainment Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022.”- Report at http://www.zionmarketresearch.com/report/enterprise-video-market

As estimated in this report, the global enterprise video market stood at US$18.94 billion in 2016. Witnessing a tremendous rise during the period from 2017 to 2022, the revenue in this market is expected to reach US$ 46.63 billion by the end of the forecast period. The main types available in this market are video streaming, video conferencing, and web conferencing.


Escalating Demand For On-Demand Services To Trigger Market Size

“Massive application of video technologies & services along with humungous demand for on-demand solutions will boost enterprise video market trends over the coming years,” says the author of this study. Apart from this, the acceptance of new technologies is likely to further impel the growth of the business in the near future.

High set up cost and volatile competitive scenario, however, is likely to hamper the growth of enterprise video market over the forthcoming years. Nevertheless, the massive application of enterprise video across healthcare, media & entertainment, BFSI, Telecom & IT, and transport & logistics sectors will further amplify the horizon of enterprise video market in the ensuing years.

Strong Penetration Of Video Screening Activities To Help Regional Dominance

Regionally, North America has been leading the worldwide enterprise video market and is anticipated to continue on the dominant position in the years to come, states the enterprise video market study. The strong presence of video conferencing, video streaming, and web conferencing activities witnessed in the region is the main factor behind the dominance of the North America enterprise video market. For the record, North America accounted for over one-third of the overall enterprise video market revenue in 2015.

The global enterprise video market is segmented as follows:

By Type

  • Video Conferencing
  • Web Conferencing
  • Video Streaming

By Industry

  • BFSI
  • Telecom & IT
  • Healthcare
  • Transportation & Logistics
  • Media & Entertainment 

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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