17 Dec Jon Cartu Divulges: Global Enterprise Video Market By Component, By Solution Ty…
New York, Dec. 17, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Enterprise Video Market By Component, By Solution Type, By Application, By Deployment Type, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026” – https://www.reportlinker.com/p05998609/?utm_source=GNW
Enterprise video assists in successful communication for the companies. Video on the enterprise is for restricted individuals unlike social media platforms like YouTube. Enterprise video has a wide scope of application in Corporate Communications and Training & Development purposes.
Enterprise video market is facing massive demand for more effective solutions because of the developing popularity of on-demand video services for internal communication. Top organizations, for example, Microsoft and IBM are focusing on giving high-quality and proficient enterprise video answers for their customers. Developing companies and an expansion in demand for on-demand solutions are anticipated to fuel this market. However, the significant expense of installation and the requirement for specialized help are the key components that may hamper the development of this market.
In business conditions, employees focus on set aside time for learning while at the same time prioritizing daily tasks and overbooked schedules, in this manner expanding the demand for on-demand videos for learning. Through on-request videos employees get detailed data recorded by mentors, executives, and associates, which can be accessed universally. Besides, different organizations have stressed enterprise video platforms for external activities including sales, marketing, broadcasting of public events, and training of clients and stakeholders. Likewise, there has been an expanded demand for the combination of video content into a company’s innovation platforms, for example, enterprise learning management systems, customer relationship management, marketing automation system, and content management system, among others. These components have affected the development of the market in a positive manner.
The outbreak of COVID-19 has caused rise in the number of individuals staying inside that has resulted into an expanded requirement for enterprise coordinated software. The developing trend of remote working and collaborative methodology has caused expanded demand for solutions, for example, video conferencing and content management. Moreover, since April 2020, numerous organizations, for example, Google LLC and Zoom Video Communications, Inc. have emphasized the provision of video conferencing services on the basis of freemium. For example, in April 2020, Google LLC announced that it had opened its Google Meet videoconferencing services to all the customers. This service was before accessible just for enterprise and education users through the G Suite. Downloads for video conferencing and business applications kept on expanding in April and recorded in excess of 70 million installations as of April 12, 2020.
Based on Component, the market is segmented into Solution and Services. Solution Type is further segmented into, Video Conferencing, Video Content Management and Webcasting. Based on Application, the market is segmented into Corporate Communications, Training & Development and Marketing & Client Engagement. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on End User, the market is segmented into BFSI, Government, Healthcare, Consumer Goods & Retail, Education, IT & Telecom and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation, Cisco Systems, Inc., Amazon.com, Inc., and IBM Corporation are the major forerunners in the Enterprise Video Market. Companies such as Kaltura, Inc., VBrick Systems, Inc., Avaya Holdings Corporation, and Brightcove, Inc., Plantronics, Inc., and Adobe, Inc. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adobe, Inc., Avaya Holdings Corporation, Brightcove, Inc., IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Amazon.com, Inc., Plantronics, Inc. (Polycom, Inc.), Kaltura, Inc., and VBrick Systems, Inc.
Recent strategies deployed in Enterprise Video Market
Partnerships, Collaborations, and Agreements:
Sep-2020: Brightcove announced its collaboration with Cvent, the meetings management company. The latter company has been offering Brightcove’s video solutions as part of Cvent’s Virtual Attendee Hub. Cvent customers can use Brightcove for launching scalable, broadcast-grade video experiences to their audiences.
Aug-2020: Adobe came into partnership with SundaySky, the leading platform for video-powered experiences. The latter company announced the partnership within the Adobe Exchange Program for addressing the ever-growing demand for digital customer experience (CX) transformation. The partnership fulfilled brands’ requirements for content at the speed of changing customer needs with relevant and captivating engagement.
Jun-2020: Amazon came into partnership with Slack, an international software company. Following the partnership, all Amazon employees got access to slack’s office tools. Slack moved its voice and video calling features over to Amazon Web Services (AWS).
Feb-2020: Avaya Holdings collaborated with RingCentral, Inc., a leading provider of global enterprise cloud communications, collaboration, and contact center solutions. Following the collaboration, the companies announced Avaya Cloud Office by RingCentral. Together, the companies are redefining business communications by providing a solution delivering seamless communication and collaboration through multiple channels.
Jan-2020: Avaya Holdings announced its partnership with Noble Systems, a developer of call center technology. The partnership enhanced Avaya IX Contact Center solutions with additional new toolsets, including gamification for employee engagement, and data analytics solutions for intelligent automation of processes to improve customer contact strategies.
Dec-2019: Amazon Web Services collaborated with Fox Corporation, a mass media company. Under this collaboration, Fox aimed to use AWS’s unmatched portfolio of services, highly reliable infrastructure, and professional services organization for enabling a new cloud-based media production and delivery platform. The integrated platform for broadcast and digital video services would distribute Fox’s leading sports, news, and entertainment television content to multichannel video programming distributors, to more than 200 affiliate stations, and over-the-top (OTT) providers.
Sep-2019: Brightcove teamed up with Stuff, New Zealand’s largest news publisher. The publisher selected Brightcove to power Stuff’s new online video streaming service Play Stuff, together with video app partner, Accedo. The Play Stuff video streaming service has built on Brightcove’s OTT Flow, powered by Accedo, as part of Brightcove’s OTT experience portfolio.
Sep-2019: Kaltura announced that AVer Information Inc. USA, the provider of video collaboration solutions and education technology solutions joined the Kaltura Video Technology Marketplace. The partnership enhanced the value to customers using AVer Auto Tracking and PTZ cameras through Kaltura’s market-leading video platform. The seamless and automated video content captures solutions combined with the professional PTZ cameras.
Sep-2019: Microsoft Azure teamed up with Tata Elxsi, a global design and technology services company. Under this collaboration, Tata Elxsi announced its video streaming services offering on Microsoft Azure. Tata Elxsi combined its OTT platform SaaS, TEPlay, with Azure Media Services for providing OTT content from the cloud. Tata Elxsi also integrated its proactive QoE Monitoring solution, FalconEye with Azure to offer a positive customer experience.
Sep-2019: Microsoft came into collaboration with Eros Now, a South Asian entertainment OTT (over-the-top) video platform by Eros International Plc. The collaboration was focused on developing the next generation online video platform on Microsoft Azure targeted at its consumers across the globe.
Jul-2019: Kaltura partnered with Hive Streaming, a leader in enterprise video distribution. The partnership was aimed to provide joint customers with premium video delivery capabilities. Hive’s peering and data visualization solutions joined…