The Asia Pacific Enterprise Video Market would witness market growth of 11.5% CAGR during the forecast period (2020-2026). In numerous educational institutes, there has been an expanded use of videos to improve the learning cycle, for example, visual recordings of courses and webinars. The utilization of visual recordings altogether improves the capacity of students to retain information. Therefore, schools, colleges, and universities have been making multimedia content and delivering it as video presentations. Moreover, there has been a massive rise in the utilization and easy access to video content because of the increasing penetration of smartphone and availability of internet that is decidedly impacting the adoption of video content for educational purposes. The high adoption of computerized media across different industry verticals has prompted developing watcher tendency toward various streaming solutions and services that have given profitable opportunities to the market players.
Growing advancements in technology, for example, utilization of block chain innovation in video streaming and Artificial Intelligence (AI) to enhance content quality have impacted the market development in a positive manner. Expanding adoption of face recognition innovation in video conferencing that detects faces to immediately fit the meeting members on the beneficiaries' screen has upgraded the performance of these frameworks. Application Programming Interfaces (APIs) have enabled the companies to connect together various innovative platforms, giving an omni-channel experience to customers, which have boosted the market development. Moreover, APIs empower the building of applications around on-demand video content that looks good for the development of the market.
The consistent requirement for skilled and accomplished specialists that empower companies to incorporate, troubleshooting, and managing enterprise video solutions can be ascribed as a significant reason behind the development of this segment. Also, professional services assist customers to alleviate security gaps and enhance the general safety measures for the installation of digital marketing software. Key advantages offered by professional services incorporate decreased administrative costs, expanded use of assets, and better productivity. In addition, these services help enhance the management of resources by expanding efficiency through collaboration, better planning, and management of integrated knowledge.
Based on Component, the market is segmented into Solution and Services. Solution Type is further segmented into, Video Conferencing, Video Content Management and Webcasting. Based on Application, the market is segmented into Corporate Communications, Training & Development and Marketing & Client Engagement. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on End User, the market is segmented into BFSI, Government, Healthcare, Consumer Goods & Retail, Education, IT & Telecom and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Enterprise Video Market in Asia Pacific is expected to register a CAGR of 11.5% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., Avaya Holdings Corporation, Brightcove, Inc., IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Amazon.com, Inc., Plantronics, Inc. (Polycom, Inc.), Kaltura, Inc., and VBrick Systems, Inc.
Market Segmentation:
By Component
By Application
By Deployment Type
By End-User
By Country
Companies Profiled
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