Drivers Vbrick

12/10/2021by admin
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DUBLIN--(BUSINESS WIRE)--Feb 10, 2021--

ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T. Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office. Vbrick, the leader in enterprise video solutions, today announced that it has been named a Leader in Enterprise Video by Aragon Research. One driver for this is the digitization of the. Enterprise Video Growth Drivers. Enterprise Video Growth Drivers admin June 12, 2017 July 15, 2020. In March 2017, Vbrick partnered with industry analysts Frost & Sullivan to develop a white paper, “Live Video Streaming: The Next BYOD for the Enterprise,” analyzing the burgeoning enterprise video market opportunity – its estimated size, market drivers, applications and the changing nature of the workforce further heralding its broad adoption. Vbrick Mix free download, and many more programs.

The “Video as a Service Market by Application (Corporate Communication, Training and Development, and Marketing and Client Engagement), Cloud Deployment Mode, Vertical (Healthcare and Life Sciences and BFSI), and Region - Global forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global VaaS market size is expected to grow from USD 3.8 billion in 2020 to USD 6.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period.

Organizations are spending more towards adoption of cloud services due to improved communication among various departments and clients. The increasing number of players in cloud-based video services, reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on cloud-based video services.

By vertical, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period

By vertical, the healthcare and life sciences segment is expected to grow at the highest growth rate during the forecast period. VaaS solutions help healthcare and life sciences segment by providing channelized content insights and accurate clinical information. VaaS solutions enable face-to-face interactions between patients, healthcare teams, and family members to discuss various treatment options, located anywhere in the world.

By application, the corporate communication segment to hold the largest market size during the forecast period

The corporate communication applications is expected to hold the largest market size. VaaS solutions assist organizations in functions, such as corporate branding, corporate and organizational identity, corporate responsibility, corporate reputation, crisis communications, internal/employee communications, investor relations, public relations, issues management, media relations, and company/spokesperson profiling. With the help of VaaS solutions, executives can create a more personalized connection with the workforce.

By region, Asia Pacific to grow at the highest CAGR during the forecast period

The Asia Pacific (APAC) market is projected to grow at the highest CAGR during the forecast period. The high growth in the region is mainly due to the presence of large number of regional solution providers, who provide multiple offerings at attractive pricing packages. There is a huge untapped market for VaaS vendors in the developing countries of APAC, such as Australia and New Zealand (ANZ), Japan, China, Singapore, and India. The region is expected to become a highly potential market for VaaS solutions due to the growing need for robust collaborations and enhanced decision-making within and across organizations.

Market Dynamics

Drivers

  • Growing Demand for Real-Time and Remote Access Video Services
  • Adoption of Cloud-Based Services by Enterprises
  • Increasing Number of Internet Users Around the World
  • Lower Total Cost of Ownership

Restraints

  • Data Security and Privacy Concerns
  • Network Connectivity and Infrastructure Issues

Opportunities

  • Rise of 5G to Boost Adoption of Cloud Services
  • High Adoption of Vaas Among SMEs
  • Increasing Adoption of Byod and Cyod Trends

Challenges

Drivers
  • Limited Interoperability of Different Video Conferencing Solutions
  • Poor Internet Speed Can Reduce the Quality of Service

Company Profiles

  • Microsoft
  • Zoom Video Communications
  • Cisco
  • Adobe
  • Avaya
  • Google
  • Aws
  • Poly
  • Logmein
  • Ringcentral
  • Zoho Corporation
  • Pgi
  • Wickr
  • Pexip
  • Starleaf
  • Bluejeans Network
  • Enghouse Systems
  • Qumu
  • Sonic Foundry
  • On24
  • Lifesize
  • Kaltura
  • Kollective
  • Vidizmo
  • Vbrick

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For more information about this report visit https://www.researchandmarkets.com/r/1h79ff

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210210005517/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

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For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO DATA MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 02/10/2021 07:30 AM/DISC: 02/10/2021 07:30 AM

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