The Video PaaS Market Size, Share, Outlook, and Opportunity Analysis

Video PaaS Market
Video PaaS Market 

PaaS for video is a cloud-based solution that allows developers to include real-time video communication features without the need to build backend infrastructure and interfaces. Video PaaS provides all of the services and tools needed to incorporate real-time communication capabilities into web-based applications. It can also create real-time communications applications, business processes, and mobile apps. Systems integrators (SIs), independent software vendors (ISVs), and service providers can use PaaS to reduce time-to-market for communications-rich services and applications. It can also be used by IT organisations for customer-facing applications or to enable cost-effective and quick-access business processes.

Global Video PaaS Market, by end-use segment, education sub-segment was accounted for 41.7% market share in 2019 and is expected to grow at a CAGR of 50.2% between 2019 and 2027.

In this pandemic era, video conferencing has become an essential component for all businesses. As working from home becomes more common, the demand for video conferencing and other video services for businesses is only expected to grow. Tencent Cloud's VooV Meeting recently announced the addition of new features to make video conferencing easier and more efficient. The platform can now be accessed via web browsers, allowing users to use it from any device without having to install the application. The deployment mode, organisation size, industry vertical, and geographic regions are used to segment the global video paas market for video communication platforms as a service. The market is divided into three categories based on deployment mode: public cloud, private cloud, and hybrid cloud. Based on the size of the organisations, the two market groups are small and medium-sized enterprises and large corporations. The market is divided into BFSI, Retail and e-commerce, IT and telecom, Automotive & Technology, Manufacturing, Healthcare, and Others based on industry vertical. The market is examined throughout North America, Europe, Asia-Pacific, and LAMEA based on geography. Leading companies including Cisco System Inc., Polycom Inc., Adobe Systems, Avaya Inc., Interoute Communication Limited, Huawei Technologies Co Ltd., VBrick Systems Inc., Applied Global Technologies LLC, and AVI-SPL Inc. dominate the global market for video communication platforms as a service.

 

 

 

 

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