Enterprise Video Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the enterprise video market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Enterprise Video Market Dynamics

Enterprise Video Market Drivers

Increasing Adoption of Artificial Intelligence into Solution to Fuel Market Growth

  • Artificial Intelligence is transforming the landscape of businesses by bringing the wave of automation, personalization, and enhanced user experience. Companies are advancing their enterprise platform by leveraging artificial intelligence to make content accessible to all users. Moreover, AI allows users to automate the transcription and translation of the content and analyze the video viewing data to provide insights into user behavior, such as watch time, completion rates, and engagement levels. For instance, In January 2024, Vbrick, an enterprise video solutions provider, introduced new artificial intelligence capabilities within its video platform. Vbrick’s new AI changes content management at scale, improves accessibility, automates tasks, and simplifies processes across the enterprise.

Enhancements in Communications and Collaboration in Enterprises through Solution to Drive Market Growth

  • The rise in remote working created a demand for effective communication and collaboration tools. The enterprise video platform offers live streaming, video conferencing, and content sharing, which bridges the gap and fosters real-time interaction and knowledge sharing. Moreover, through video platforms, there has been an increase in engagement and knowledge retention compared to the traditional environment. Various providers are integrating with collaboration tools such as Slack, Microsoft Teams, and Zoom to enhance collaboration on video content, allowing the users to work on video within the preferred collaboration platform.

Enterprise Video Market Restraints

Coding and Decoding Complexities of Video Conferencing

  • Despite a broad scope for product adoption, the coding and decoding complexities associated with video conferencing applications are likely to hinder market revenue. Many solution providers are also faced with the novel challenge of different screen resolutions and sizes, which makes it difficult for the app to conform to different screens. However, numerous system integrators, solution providers, and technology providers are innovating various ways to reduce the complexities, which would work to dampen their impact on the enterprise video market landscape.

Data Security Concerns and Limited Scalability Hamper Market Growth

  • The privacy and security of the data and devices create a barrier while live broadcasting over unprotected networks. These networks are frequently unencrypted, unprotected, and open to hackers who might access data, steal it, or infect it with malware. Moreover, DDoS attacks target video streaming applications, making them accessible to consumers and allowing them to steal user data or take over the application. In addition, video content demands high storage capabilities and scaling it can be challenging.

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FAQs

Global Enterprise Video Market size was valued at USD 21.68 Billion in 2023 and is poised to grow from USD 23.81 Billion in 2024 to USD 50.37 Billion by 2032, growing at a CAGR of 9.82% in the forecast period (2025-2032).

The global enterprise video industry is highly competitive, with key players focusing on innovations, strategic collaborations, and technological advancements to enhance their offerings. Companies are integrating artificial intelligence (AI), machine learning (ML), and cloud-based solutions to improve video streaming, security, and analytics for corporate communications, training, and collaboration. Leading players in the enterprise video market include Cisco Systems, Microsoft Corporation, IBM Corporation, Google LLC, Adobe Inc., Poly (formerly Plantronics and Polycom), Brightcove Inc., Kaltura Inc., Vimeo, Sonic Foundry, Panopto, Vidyo Inc., Zoom Video Communications, BlueJeans by Verizon, and Qumu Corporation. 'Zoom Video Communications (USA) ', 'Logitech (Switzerland) ', 'Poly (formerly Plantronics) (USA) ', 'BlueJeans by Verizon (USA) ', 'Pexip (Norway) ', 'Lifesize (USA) ', 'StarLeaf (UK) ', 'Avaya (USA) ', 'Vonage (USA) ', 'Jitsi (8x8) (USA) ', 'Yealink (China) ', 'Vidyo (Enghouse Systems) (Canada) ', 'TrueConf (Russia) ', 'GoTo (formerly LogMeIn) (USA) ', 'Aver Information (Taiwan) ', 'Kaltura (USA) ', 'Highfive (by Dialpad) (USA) ', 'BigBlueButton (Canada) ', 'Whereby ', 'EZTalks (China)'

Artificial Intelligence is transforming the landscape of businesses by bringing the wave of automation, personalization, and enhanced user experience. Companies are advancing their enterprise platform by leveraging artificial intelligence to make content accessible to all users. Moreover, AI allows users to automate the transcription and translation of the content and analyze the video viewing data to provide insights into user behavior, such as watch time, completion rates, and engagement levels. For instance, In January 2024, Vbrick, an enterprise video solutions provider, introduced new artificial intelligence capabilities within its video platform. Vbrick’s new AI changes content management at scale, improves accessibility, automates tasks, and simplifies processes across the enterprise.

Increasing Use of Video Analytics in Solution to Propel Market Growth: Video analytics tools allow enterprises a source of insight into the online performance of all videos on a video hosting platform, which helps them optimize their content and improve their marketing strategies. These tools can also monitor user behavior and detect potential security threats and detailed statistics that cover all video assets, individual videos, and each viewer interaction. Various enterprises are adopting video analytics tools to help identify the viewer's details regarding the video and make improvements where necessary. The analytic tools track information about video content consumption, which further enables enterprises to use that data to optimize content, update it and keep testing it. For instance, In March 2023, BriefCam introduced an additional feature for its video analytics platform. The features included customer-driven capabilities designed to accelerate video investigations, enabling users to modify the video analytics technology to meet evolving needs without sending data outsourcing classifier network training.

The enterprise video market in North America accounted for the largest revenue share of over 38% in 2023. The strong presence of various major technology companies, such as Microsoft Corporation, Google LLC, Cisco Systems, Inc., etc., providing high-end collaboration tools is contributing to the market growth. The growing regional telecom segment is aided by government initiatives to encourage the expansion of 5G networks in the region, further driving the adoption of video conferencing tools.

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Enterprise Video Market

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