DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pczq8b/enterprise_video) has announced the addition of the "Enterprise Video Market Applications - Global Advancements, Worldwide Forecasts & Analysis (2014-2019)" report to their offering.
This report forecasts that the global enterprise video market to grow from $13.01 billion in 2014 to $32.87 billion in 2019
This represents a compound annual growth rate (CAGR) of 20.4% during the forecast period
The use of video in enterprises has become prominent recently, 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 is helping enterprises to establish seamless mobility among workforce and promote Bring Your Own Device (BYOD) culture. The major reason for the growth of the market is the ever increasing demand of video conferencing and streaming services among enterprises.
In the recent times, there have been various advancements in the 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.
It is estimated 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 re-purposing and distribution of video content, but also helping to develop the overall market as a whole.
Enterprise Video Market
- Web Conferencing
- Video Conferencing
- Corporate Communication
- Learning and Development
- Academia and Government
- Banking, Financial Services and Insurance (BFSI)
- Consumer Goods and Retail
- Media and Entertainment
- Telecom and IT
- Transportation and Logistics
- Computer Sciences Corporation (CSC)
- Verizon Communications
For more information visit http://www.researchandmarkets.com/research/pczq8b/enterprise_video