The Europe Video Content Management System Market would witness market growth of 12% CAGR during the forecast period (2021-2027).
In the business scenario, workers tend to take out some time to boost their learning while managing day-to-day activities and overbooked schedules, hence propelling the growth & demand for on-demand videos for learning in the global market. With the help of on-demand videos, workers can obtain comprehensive information recorded by executives, trainers, and colleagues that can be accessed across the globe. Moreover, several companies have realized the importance of video platforms for external activities such as sales, marketing, training of customers and partners, and broadcasting of public events. Additionally, there has been a massive demand for the incorporation of video content into the technology platforms of a company like enterprise learning management systems, marketing automation systems, customer relationship management, and content management system. These factors are likely to boost the demand & growth of these solutions in the market.
The increasing investment of the companies in the adoption of various cloud-based technologies and solutions is estimated to augment the growth of the regional video content management market. Further, the increasing usage of video surveillance among educational institutions, high adoption of thermal cameras, and expanding wireless IP surveillance are among the key aspects contributing to the growth of the regional market over the forecast period.
Moreover, the introduction of various new technologies and solutions by the regional market players is projected to fuel regional market growth. Manually tracking and detecting malicious activities is not feasible for surveillance professionals, however, increasing cases of safety & security breaches made it compulsory for companies to keep a track of video data generated from various video sources, which is estimated to fuel the regional video content management market growth over the forecast period.
The Germany market dominated the Europe Video Content Management System Marketing & Client Engagement Market by Country 2020, thereby, achieving a market value of $63.6 million by 2027. The UK market is exhibiting a CAGR of 12.3% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 14% during (2021 - 2027).
Based on Component, the market is segmented into Platform (Without Services) and Services. Based on Application, the market is segmented into Enterprise Communication, Virtual Events, Education & Learning, Marketing & Client Engagement, Recruitment & Training and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into BFSI, Retail & eCommerce, Media & Entertainment, Healthcare, Education, Telecom & IT, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Video Content Management System Market Size will Hit $7 Billion by 2027, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Vimeo.com, Inc. (IAC Group), Microsoft Corporation, BrightCove, Inc., Panopto Inc., Kaltura Inc., Buildscale, Inc. (Vidyard), Citrix Systems, Inc., Haivision Systems Inc., and Kollective Technology, Inc. (MK Capital).
By Component
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By Deployment Type
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