According to the report, global Enterprise Video Market was valued around USD 18.94 billion in 2016 and is expected to reach USD 46.63 billion by 2022, at a CAGR of 16.20% for the forecast period from 2017 to 2022.
Enterprise video comprises various one-way and two-way solutions such as video conferencing, web conferencing, webcasting & webinars and video streaming. The solutions are used for various applications such as corporate training, learning and development, knowledge sharing and others. The enterprise video solutions enable business organizations and reduce significantly on the overheads required for traveling and accommodation of their employees in different locations. Additionally, since these solutions offer good scalability and reliability, the organizations can simultaneously connect/address to a large number of people irrespective of their location.
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The demand for video interfaces in enterprise communication has increased considerably in the past few years. The enterprise video market is driven by various drivers and factors which drive the growth of the enterprise video market. The adoption of this technology provides the opportunity for growth which can be one of the key drivers for the market. The key restraints for the market can be the cost and complexity of the solution and the volatile competitive landscape. These drivers and restraints help to analyze various trends that would impact the market during the forecast period from 2016 to 2022.
The report provides a segment analysis of enterprise video market by type, by industry and by geography. The type segment includes video conferencing, web conferencing and video streaming. The report provides the market size and forecast through the industry segment which includes BFSI, telecom & IT, healthcare, transportation & logistics and media & entertainment. The regions such as North America, Europe, Asia Pacific, Latin America and the Middle East and Africa have been covered in the report.
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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report are Altus365, AT&T, Avaya, Aver Information, AVI-SPL Inc., Broadpeak, BT Conferencing, Cisco Systems, Epiphan, Hikvision, Huawei, Kaltura, Kontiki, Level 3 Communications, Librestream, NTT Communications, Polycom, Sonic Foundry, Tegrity, Telestream, Tremor Video, Vidtel and Vidyo.