Report ID: UCMIG45I2086
Report ID:
UCMIG45I2086 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2021, the market for business video was estimated at USD 16.39 billion, and from 2022 to 2030, it is anticipated to grow at a CAGR of 13.8%. The rising adoption of enterprise video solutions by businesses to improve communication among their global workforces can be largely blamed for the expansion of this industry. Enterprise video has grown to be an essential component of many organisations' content marketing efforts, which has increased demand for video solutions that give businesses improved video streaming capabilities.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45I2086