Video As A service Market Size Future Scope, Demands and Projected Industry Growths to 2030

Kenneth Research has published a detailed report on Video As A Service Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.

The global video-as-a-service market was valued at USD 400.1 million in 2016 and is projected to reach USD 5245.31 million by 2025, growing at a CAGR of 33.1% from 2017 to 2025.

Market Definition:
Video as a Service is a fully managed visual communication solution that provides features including call production, endpoint management, multi-point high definition bridging, white-glove concierge services, recording and archiving. Video as a Service is a good alternative for businesses that may not have the infrastructure, expertise, budget or desire to support corporate video conferencing services.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Market Dynamics:
1. Market Drivers
1.1 Low cost of ownership
1.2 Growing demand for cloud-based video services
1.3 Growing trend of BYOD
2. Market Restraints
2.1 Security and privacy concern of video content
2.2 High cost of video creation and validity

Market Segmentation:
The global video-as-a-service market is segmented on the basis of service, device, platform, vertical, organization size, and region.
1. By Service:
1.1 Real-Time Video Monitoring
1.2 Video Conferencing
1.3 Managed Service
1.4 Video Content Management
1.5 Professional Services
1.6 Broadcasting Video Communication
1.7 Support and Maintenance

2. By Device
2.1 Mobile Devices
2.2 Enterprise Computing

3. By Platform
3.1 Network Management
3.2 Application Management
3.3 Device Management

4. By Vertical:
4.1 Healthcare and Life Sciences
4.2 Government and Public Sector
4.3 Media and Entertainment
4.4 Banking, Financial Services, and Insurance
4.5 Retail and Consumer Goods
4.6 Transportation and Distribution
4.7 Others

5. By Organization Size:
5.1 Large Companies
5.2 Mid-sized Companies
5.3 Small Companies

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Rest of the World

Competitive Landscape:
The major players in the market are as follows:
1. Huawei Technologies Co., Ltd
2. Cisco Systems, Inc.
3. Adobe Systems
4. Avaya, Inc.
5. Interoute Communication Limited
6. AVI-SPL, Inc.
7. Bluejeans Network
8. Vidyo
9. Applied Global Technologies, LLC
10. Polycom, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the video as a service market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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