Video As A Service Market Growth at a CAGR of 44.7% from 2021 to 2030

The global Video As A Service market size is expected to reach USD 45.7 billion by 2030 and is expected to expand at a CAGR of 44.7% from 2021 to 2030.

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Growth Factors

 The growing demand for VaaS owing to the globalization of businesses is expected to emerge as a significant driver for market growth. VaaS is also likely to find more applications in the corporate, education, healthcare, government, and media & entertainment end-use segments. The rapid growth in telemedicine and online education in the emerging economies of Asia Pacific is anticipated to play a pivotal role in driving the demand for VaaS solutions. There is also a visible shift in the demand from on-premises (VC) and collaboration solutions to cloud-based solutions owing to the high scalability, flexibility, and cost-effectiveness offered by the cloud architecture. The prominence of cloud-based solutions has bolstered the growth of the video as a service (VaaS) market.

Report Coverage

Report Scope Details
Market Size USD 45.7 billion by 2030
Growth Rate CAGR of 44.7% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Application, Cloud deployment mode, Vertical
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Adobe; Alphabet, Inc.; Amazon Web Services, Inc.; Avaya, Inc.; Cisco Systems, Inc.; LogMeIn, Inc.; Plantronics, Inc.; RingCentral, Inc.; Zoho Corporation Pvt. Ltd.; Zoom Video Communications, Inc.

Report Highlights

The corporate communications segment dominated the market in 2021, accounting for a 38.7% share of the global revenue, and will expand further at the fastest CAGR over the forecast years. This growth can be attributed to the adoption of cloud-based services and increased demand for real-time and remote access video services among enterprises.

The adoption of VaaS has spurred significantly during the pandemic, contributing to the segment growth. The other applications include training & development, marketing & client engagement, broadcast distribution, content creation and management, and others.

The hybrid cloud segment dominated the market in 2021, accounting for 53.7% of the global revenue. The high share can be attributed to the substantial shift to a hybrid model that aligns with the nature of different workloads.

Deploying a cloud video in a SaaS (Software-as-a-Service) model relieves the enterprise IT teams and the customers of managing the environment. Some cloud solutions providers, such as Microsoft, offer cloud video-related innovations to deliver value-added VaaS.

The education segment dominated the market in 2021 with a revenue share of over 18%. The high share can be attributed to the mandated Work-from-Home (WFH) and distance education policies due to the COVID-19 pandemic. Schools, universities, and other learning institutions were encouraged to follow distance education, access Professional Learning & Development (PLD) programs, and work remotely.

The other verticals of the VaaS market include BFSI, healthcare & life sciences, retail & e-commerce, IT & telecom, government & public sector, media & entertainment, and others.

North America dominated the market in 2021 accounting for a revenue share of over 53%. This high share can be attributed to the presence of numerous cloud-based video solution providers in the region.

Asia Pacific is expected to be the fastest-growing regional market over the forecast period. Although the region’s governing bodies and business communities have already encouraged technology innovation before the COVID-19 pandemic, the coronavirus outbreak has acted as a catalyst for developing high-quality internet infrastructure in the region, allowing people to work remotely.

Key Players

  • Adobe
  • Alphabet, Inc.
  • Amazon Web Services, Inc.
  • Avaya, Inc.
  • Cisco Systems, Inc.
  • LogMeIn, Inc.
  • Plantronics, Inc.
  • RingCentral, Inc.
  • Zoho Corporation Pvt. Ltd.
  • Zoom Video Communications, Inc.

Market Segmentation

  • Application
    • Corporate Communications
    • Training & Development
    • Marketing & Client Engagement
    • Broadcast Distribution
    • Content Creation &Management
    • Others
  • Cloud Deployment Mode
    • Public Cloud
    • Private Cloud
    • Hybrid Cloud
  • Vertical
    • BFSI
    • Healthcare & Life Sciences
    • Retail & E-Commerce
    • IT & Telecom
    • Education
    • Government & Public Sector
    • Media & Entertainment
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa (MEA)

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Video As A Service Market, By Application

7.1.  Video As A Service Market, by Application, 2021-2030

7.1.1.    Corporate Communications

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Training & Development

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Marketing & Client Engagement

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Broadcast Distribution

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Content Creation &Management

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Others

7.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Video As A Service Market, By Cloud Deployment Mode

8.1.  Video As A Service Market, by Cloud Deployment Mode, 2021-2030

8.1.1.    Public Cloud

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Private Cloud

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Hybrid Cloud

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Video As A Service Market, By Vertical

9.1.  Video As A Service Market, by Vertical, 2021-2030

9.1.1.    BFSI

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Healthcare & Life Sciences

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Retail & E-Commerce

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    IT & Telecom

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Education

9.1.5.1.        Market Revenue and Forecast (2017-2030)

9.1.6.    Government & Public Sector

9.1.6.1.        Market Revenue and Forecast (2017-2030)

9.1.7.    Media & Entertainment

9.1.7.1.        Market Revenue and Forecast (2017-2030)

9.1.8.    Others

9.1.8.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Video As A Service Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Application (2017-2030)

10.1.2.  Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.1.3.  Market Revenue and Forecast, by Vertical (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Application (2017-2030)

10.2.2.  Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.2.3.  Market Revenue and Forecast, by Vertical (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Application (2017-2030)

10.3.2.  Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.3.3.  Market Revenue and Forecast, by Vertical (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Application (2017-2030)

10.4.2.  Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.4.3.  Market Revenue and Forecast, by Vertical (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Application (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Application (2017-2030)

10.5.2.  Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.5.3.  Market Revenue and Forecast, by Vertical (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Application (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Vertical (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Application (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Cloud Deployment Mode (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Vertical (2017-2030)

Chapter 11.  Company Profiles

11.1.              Adobe

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Alphabet, Inc.

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Amazon Web Services, Inc.

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Avaya, Inc.

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Cisco Systems, Inc.

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              LogMeIn, Inc.

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Plantronics, Inc.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              RingCentral, Inc.

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Zoho Corporation Pvt. Ltd.

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Zoom Video Communications, Inc.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

Glossary of Terms

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