DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gf8q4t/enterprise_video) has announced the addition of the "Enterprise Video Market (Conferencing, Webcasting, Video on Demand, Video Streaming, Asset Management, CMS, Video Collaboration, Video Analytics, Video Security, Managed Services) - Global Advancements, Market Forecasts & Analysis (2013 - 2018)" report to their offering.
The use of video in enterprises has become prominent, owing to the necessity of communicating and delivering information conveniently and effectively. Mass adoption of cloud in enterprise video market is helping to create virtualized surroundings for video conferencing, by hosting business-critical applications. Enterprise video are helping enterprises to establish seamless mobility among the workforce and promote Bring Your Own Device (BYOD) culture. The major reason for the growth of enterprise video market is the ever increasing demand of video conferencing and streaming services among enterprises.
In recent times, there have been various advancements in enterprise video technologies, such as high efficiency video codec, alter-HD, web real-time communication, search, indexing, captioning, transcoding and aggregation. These emerging technologies are enriching the overall video delivery mechanisms among enterprises. The growth of the existing technologies in the enterprise video market is still nascent, but it is expected to grow at a rapid rate in the coming years.
This study estimates that enterprises will invest in enterprise video solutions in a much encouraging rate than in the past. There are few sectors, such as academia and government, media and entertainment, healthcare and financial services, which have shown positive outlook in terms of corporate compliance and regulations. These sectors are promoting enterprise video market forward. These developments are not only bringing easier and faster repurposing and distribution of video content, but also helping to develop the overall market as a whole.
It is forecast that the global enterprise video market will grow from $11.21 billion in 2013 to $35.57 billion in 2018. This represents a compound annual growth rate (CAGR) of 25.9% during the forecast period.
- Aver Information
- BT Conferencing
- Level 3 Communications
- NTT Communications
- Sonic Foundry
- Tremor Video
For more information visit http://www.researchandmarkets.com/research/gf8q4t/enterprise_video
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