Enterprise Video market is projected to grow at a CAGR of 7% during the forecasting period 2021-2027. The demand for video conferencing solutions is growing in response to the growing need to streamline communication between geographically distributed employees.
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During the forecast period, North America is predicted to account for the largest market share. The area has a high concentration of large multinational corporations, which help drive the enterprise video market forward. Due to the rising number of start-up companies in the country, Asia Pacific (APAC) is expected to provide lucrative opportunities for enterprise video solution providers. Due to the rising number of start-up companies in the country, Asia Pacific (APAC) is expected to provide lucrative opportunities for enterprise video solution providers.
Key market players include IBM IBM , Microsoft, Kaltura, Polycom, Cisco, Adobe, Avaya, Brightcove, Vidyo, VBrick Systems, Media Platform, Ooyala, Qumu, Panopto.
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