With Market Size Valued at $21.8 Billion by 2026, it`s a Healthy Outlook for the Global Enterprise Video Market

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Enterprise Video - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 13712
Companies: 42 - Players covered include Adobe Systems, Inc.; Amazon Web Services, Inc.; Avaya, Inc.; Brightcove, Inc.; Cisco Systems, Inc.; Haivision; IBM Corporation; Kaltura, Inc.; Kollective Technology, Inc.; Mediaplatform, Inc.; Microsoft Corporation; Ooyala, Inc.; Panopto; Polycom, Inc.; Qumu Corporation; RingCentral, Inc.; Sonic Foundry, Inc.; VBrick Systems, Inc.; Vidizmo LLC; Vidyo, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Corporate Communications, Training & Development, Marketing & Client Engagement); Type (Webcasting, Video Content Management, Video Conferencing)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Enterprise Video Market to Reach $21.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Enterprise Video estimated at US$14.8 Billion in the year 2020, is projected to reach a revised size of US$21.8 Billion by 2026, growing at a CAGR of 6.5% over the analysis period. Webcasting, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$7.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Video Content Management segment is readjusted to a revised 6.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.7 Billion in 2021, While China is Forecast to Reach $3.8 Billion by 2026
The Enterprise Video market in the U.S. is estimated at US$4.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2026 trailing a CAGR of 6.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Video Conferencing Segment to Reach US$9.1 Billion by the year 2026
In the global Video Conferencing segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.1 Billion in the year 2020 will reach a projected size of US$7.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.