The global enterprise streaming media market size is expected to reach USD 57.57 billion by 2025, expanding at a CAGR of 17.8% from 2018 to 2025, according to a new study conducted by Grand View Research, Inc. Increase in internet penetration has enabled multi-national companies (MNCs) to adopt streaming media solutions as an effective alternative tool for conducting meetings, conferences, product presentations, client interactions, and other corporate communication. Thus, facilitating content delivery with a customized and interactive approach.
Companies across varied verticals are focusing on deploying advanced enterprise streaming media solutions to communicate and deliver content to geographically dispersed workforce and strategic business units. The solutions enable companies to reduce communication costs and improve the quality of presentation and interaction. It also enables companies to develop and deliver customized training modules for their employees. Human resource teams of companies are using webcasting to offer training programs and skill development courses to employees.
Most companies are deploying enterprise streaming media solutions to improve their service delivery models and to effectively compete in the rapidly evolving business environment. Government agencies and educational institutions are also using enterprise streaming media to deliver online learning courses to students located in remote locations that lack conventional classroom-based infrastructure.
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For instance, the Government of India launched SWAYAM, a free online education platform in July 2017. The platform was developed by the All India Council for Technical Education (AICTE) and the Ministry of Human Resource Development (MHRD) with the assistance of Microsoft Corporation. SWAYAM is capable of hosting approximately 80,000 hours of learning and 2,000 courses that include postgraduate, school, undergraduate, law, engineering, and other professional courses.
Further key findings from the study suggest:
- The video conferencing segment is anticipated to be the fastest-growing segment over the forecast period, owing to increasing focus of companies on deploying high-end devices to offer an immersive experience to users
- The corporate communications segment is expected to gain traction owing to increase in mobile workforce due to geographical business expansion
- The cloud segment is estimated to expand at the highest CAGR over the forecast period as it offers increased operational flexibility and rapid deployment capability to enterprises
- The BFSI segment is likely to maintain its dominance and also emerge as the fastest-growing segment over the forecast period as enterprise streaming media provides banks with enhanced branch communication capability by facilitating easy sharing of digital audio and video with customers
- Asia Pacific is poised to experience the highest CAGR from 2018 to 2025, as MNCs continue to expand their business operations and presence in the region.
- Key players operating in the enterprise streaming media market include Adobe Systems Inc.; Apple Inc.; Avaya Inc.; AVI-SPL Inc.; Cisco Systems; Haivision Systems Inc.; Microsoft Corporation, Polycom, Inc.; SAP AG, and Spirent Communications PLC.
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Key Topics Covered
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Enterprise Streaming Media Market-Industry Snapshot & Key Buying Criteria, 2014 – 2025
2.2 Global Enterprise Streaming Media Market, 2014 – 2025
2.2.1 Global enterprise streaming media market, by region, 2014 – 2025
2.2.2 Global enterprise streaming media market, by solution, 2014 – 2025
2.2.3 Global enterprise streaming media market, by service, 2014 – 2025
2.2.4 Global enterprise streaming media market, by deployment, 2014 – 2025
2.2.5 Global enterprise streaming media market, by enterprise size, 2014 – 2025
2.2.6 Global enterprise streaming media market, by application, 2014 – 2025
2.2.7 Global enterprise streaming media market, by end use, 2014 – 2025
Chapter 3 Enterprise Streaming Media Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Enterprise Streaming Media Market-Value Chain Analysis
3.3.1 Vendor landscape
3.4 Enterprise Streaming Media Market Dynamics
3.4.1 Market Driver Analysis
3.4.2 Market Restraint Analysis
3.4.3 Market Opportunity Analysis
3.5 Penetration and Growth Prospect Mapping
3.6 Enterprise Streaming Media Market-Key Company Market Share Analysis, 2017
3.7 Enterprise Streaming Media Market-Porter’s Five Forces Analysis
3.8 Enterprise Streaming Media Market-PESTEL Analysis
3.9 Enterprise Streaming Media – Key Technology Trends
Chapter 4 Enterprise Streaming Media Solution Outlook
4.1 Enterprise Streaming Media Market Share By Solution, 2017
4.2 Video Conferencing
4.2.1 Video conferencing in enterprise streaming media market, 2014 – 2025
4.3 Video Content Management
4.3.1 Video content management in enterprise streaming media market, 2014 – 2025
4.4.1 Webcasting in enterprise streaming media market, 2014 – 2025
4.5 Web Conferencing
4.5.1 Web conferencing in enterprise streaming media market, 2014 – 2025
Chapter 5 Enterprise Streaming Media Service Outlook
5.1 Enterprise Streaming Media Market Share By Service, 2017
5.2 Professional Service
5.2.1 Professional enterprise streaming media service market, 2014 – 2025
5.3 Managed Service
5.3.1 Managed enterprise streaming media service market, 2014 – 2025
5.4 Support & Maintenance
5.4.1 Support & maintenance enterprise streaming media market, 2014 – 2025….continue..
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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