The Reports and Insights, a leading market research company, has recently releases report titled “Enterprise Video Platforms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Enterprise Video Platforms Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Enterprise Video Platforms market?
The enterprise video platforms market size reached US$ 13.5 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 34.3 Billion by 2032, exhibiting a growth rate (CAGR) of 10.9% during 2024-2032.
What are Enterprise Video Platforms?
Enterprise Video Platforms (EVPs) are comprehensive solutions tailored for businesses and organizations to effectively manage, store, and deliver video content within their internal ecosystem. These platforms are designed to meet the specific needs of enterprises, offering a range of features that facilitate the creation, distribution, and consumption of video content for diverse purposes such as communication, training, collaboration, and marketing. Key functionalities of EVPs encompass secure and scalable video hosting and storage, robust content management systems for efficient organization, and live streaming capabilities to broadcast events and communications in real-time. Some platforms also include basic video editing tools for in-platform customization. Security features, including access control, encryption, and authentication, prioritize the protection of sensitive or confidential video content.
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What are the growth prospects and trends in the Enterprise Video Platforms industry?
Various key factors and emerging trends are playing pivotal role in driving the Enterprise Video Platforms (EVP) market growth. The escalating focus on remote collaboration and communication within enterprises, a trend accelerated by the global shift to remote work, has substantially increased the demand for robust video content management solutions. EVPs are now essential for various purposes such as training, internal communications, and knowledge sharing. The increasing popularity of live streaming for virtual events and webinars, coupled with the necessity for secure and scalable video storage, is further fuelling the Enterprise Video Platforms (EVP) market growth. Advanced features like video analytics, mobile accessibility, and seamless integration with other enterprise tools are becoming crucial for organizations seeking comprehensive solutions and exerting a positive influence on the Enterprise Video Platforms (EVP) market. Additionally, there is a notable surge in demand for AI-driven capabilities, including automated transcription and content recommendations, enhancing the overall user experience and contributing to Enterprise Video Platforms (EVP) market.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
- Video Content Management System (VCMS)
- Webcasting and Web Conferencing
- Video Analytics
- Video Security
By Organization Size:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
By Industry Vertical:
- IT and Telecom
- Healthcare
- Education
- Media and Entertainment
- BFSI (Banking, Financial Services, and Insurance)
- Retail and E-commerce
- Manufacturing
- Others
By Application:
- Internal Communication and Collaboration
- Training and Development
- Marketing and Sales
- Customer Engagement and Support
- Live Event Streaming
- Others
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East
- Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Brightcove Inc.
- Kaltura Inc.
- Panopto
- Vidyo (Enghouse Systems Ltd.)
- IBM Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- Vimeo, Inc.
- MediaPlatform
- Sonic Foundry, Inc.
- ON24, Inc.
- Wistia, Inc.
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