At 20+% CAGR, Enterprise Video Market Potentially Worth $40.84 Billion by 2022 Led by Video Conferencing Segment

PUNE, India, July 21, 2017 /PRNewswire-iReach/ -- Based on type, the video conferencing segment of the enterprise video market is projected to account for the largest market share from 2017 to 2022. Due to advancements in technologies, the demand for high definition video conferencing is rapidly increasing. Reduction in travel costs and project times for customers, as well as a stronger sense of familiarity with participants, is some of the major benefits of video conferencing due to which, video conferencing solutions are widely adopted across all industry verticals. Complete report on "Enterprise Video Market" spread across 141 pages, profiling 12 companies and supported with 64 tables and 61 figures is now available athttp://www.rnrmarketresearch.com/enterprise-video-market-conferencing-webcasting-video-on-demand-video-streaming-asset-management-cms-video-collaboration-video-analytics-video-security-managed-services-global-advancement-market-report.html .

The cloud deployment mode is estimated to account for the largest size in the enterprise video market in 2017. The advantages of cloud deployment are reduced physical infrastructure, low maintenance cost, and 24x7 data accessibility anytime and anywhere. SaaS is emerging as the best practice for companies looking for cost-effective functionalities due to advancements in the cloud-based technology. Cloud-based solutions also support real-time visibility of data for employees, enabling organizations to communicate with different departments before, during, and after each meeting conducted, using enterprise video solutions. Thus, there has been an upward trend in the deployment of cloud-based solutions.

The growing internet penetration and increasing demand for video streaming is driving the growth of the enterprise video market. However, network connectivity and technical difficulties and concerns over the security of video content are the restraining factors in the market.

The enterprise video market has been studied for North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LA). The Asia Pacific is expected to be the fastest-growing region of the market during the forecast period. The increasing adoption of new technologies by SMEs and increasing penetration of cloud technology and mobile devices are some of the major drivers contributing to the growth of the enterprise video market in this region. The telecom, manufacturing, and educational sectors in this region demand various video enterprise solutions for better functioning and output. Due to the diversified geographic area and high customer base, the region continues to exhibit strong growth in the enterprise video market.

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The enterprise video market includes players such as Adobe Systems Incorporated (US), Brightcove Inc. (US), Avaya, Inc. (US), Vidyo, Inc. (US), VBrick Systems Inc. (US), MediaPlatform, Inc. (US), Polycom, Inc. (US), Cisco Systems, Inc. (US), IBM Corporation (US), Microsoft Corporation (US), Kaltura (US), and Ooyala, Inc. (US).Download PDF Brochure "Enterprise Video Market by Type (Webcasting, Video Content Management, Video Conferencing), Deployment Mode, Application (Knowledge Sharing & Collaboration, Corporate Communications), Vertical and Region - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=110962 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (56%), Tier 2 (33%) and Tier 3 (11%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (50%), Director Level (39%) and others (11%) from various key organizations operating in the enterprise video market. The primary interviews were conducted worldwide covering regions such as North America (33%), Europe (17%), Asia-Pacific (22%), and RoW (28%).

Research Coverage: The enterprise video market has been segmented into type, deployment mode, application, industry vertical, and region. Based on type, the enterprise video market is segmented into video conferencing, video content management and webcasting. Based on deployment mode, the enterprise video market is segmented into cloud, hybrid, and on-premises. The various applications in the enterprise video market have been segmented into knowledge sharing & collaboration, corporate communications, training & development, and marketing & client engagement. Based on vertical, the enterprise video market has been segmented into media & entertainment, IT & telecommunication, public sector & education, healthcare, retail & consumer goods, manufacturing, BFSI, transportation & logistics, and others. Finally, on the basis of regions, the enterprise video market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LA).

On a related note, another research titled Telepresence (Videoconferencing) Market Global Forecast to 2022says, the global telepresence market is estimated to reach $2.63 billion by 2022, at a CAGR of 19.6% between 2016 and 2022. Healthcare industry to be a large market during the forecast period. APAC to be the fastest-growing market for telepresence systems. Companies such as Cisco Systems, Inc. (U.S.), Polycom Inc. (U.S.), Avaya Inc. (U.S.), ZTE Corporation (U.S.), Huawei Technologies Co., Inc. (China), LifeSize Inc. (U.S.), VGo Communications, Inc. (U.K.), Vidyo Inc. (U.S.), Teliris Inc. (U.K.), Array Telepresence (U.S.) have been profiled in this 144 pages research report available at http://www.rnrmarketresearch.com/telepresence-videoconferencing-market-by-component-hardware-software-and-service-system-type-immersive-telepresence-personal-telepresence-holographic-telepresence-and-robotic-telepresence-industry-and-g-st-to-2022-market-report.html .

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