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Video as a Service Trends and Forecast
The future of the global video as a service market looks promising with opportunities in the BFSI, IT & telecom, healthcare & life sciences, education, media & entertainment, government & public sector, and retail & consumer good sectors. The global video as a service market is expected to reach an estimated $11.1 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are increasing demand for real-time and remote access video services, rising need for on-premises video conferencing, and growing trend of remote work and virtual meetings.
A more than 150-page report is developed to help in your business decisions.
Video as a Service by Segment
The study includes a forecast for the global video as a service by deployment model, enterprise size, application, end use industry, and region.
Video as a Service Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:
Video as a Service Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:
Video as a Service Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Video as a Service Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Video as a Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Video as a Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies video as a service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the video as a service companies profiled in this report include-
Video as a Service Market Insights
Lucintel forecasts that corporate communication is expected to witness highest growth over the forecast period due to its growing use to enable instant on-demand communication and uphold strong connections with stakeholders internally and externally.
APAC is expected to witness highest growth over the forecast period due to rapid digitization, rising preference for remote communication and collaboration tools, and presence of key service providers in the region.
Features of the Global Video as a Service Market
Market Size Estimates: Video as a service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Video as a service market by various segments, such as by deployment model, enterprise size, application, end use industry and region in terms of($B).
Regional Analysis: Video as a service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different deployment models, enterprise sizes, applications, end use industries, and region.s for the video as a service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the video as a service market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the video as a service market size?
Answer: The global video as a service market is expected to reach an estimated $11.1 billion by 2030.
Q.2. What is the growth forecast for video as a service market?
Answer: The global video as a service market is expected to grow with a CAGR of 15.7% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the video as a service market?
Answer: The major drivers for this market are increasing demand for real-time and remote access video services, rising need for on-premises video conferencing, and growing trend of remote work and virtual meetings.
Q.4. What are the major segments for video as a service market?
Answer: The future of the video as a service market looks promising with opportunities in the BFSI, IT & telecom, healthcare & life sciences, education, media & entertainment, government & public sector, and retail & consumer good sectors.
Q.5. Who are the key video as a service market companies?
Answer: Some of the key video as a service companies are as follows:
Q.6. Which video as a service market segment will be the largest in future?
Answer: Lucintel forecasts that corporate communication is expected to witness highest growth over the forecast period due to its growing use to enable instant on-demand communication and uphold strong connections with stakeholders internally and externally.
Q.7. In video as a service market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid digitization, rising preference for remote communication and collaboration tools, and presence of key service providers in the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.