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.

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is
Read more

Dairy Alternative Market Expected To Reach USD 26.01 Billion By 2023

Image
Dairy Alternative Market Market Overview: Dairy alternative products are gaining significant popularity due to their numerous advantages. These products are plant-based, making them suitable for individuals with lactose intolerance or those following a vegan diet. They offer similar nutritional benefits as traditional dairy products such as milk, cheese, and yogurt, while also addressing concerns related to animal welfare and environmental sustainability. The growing demand for dairy alternative products among health-conscious consumers is driving market growth. Market Key Trends: One key trend observed in the dairy alternative market is the increasing preference for plant-based milk substitutes. Plant-based milk alternatives such as almond milk, soy milk, and oat milk, among others, are gaining traction among consumers as a healthier and more sustainable option compared to traditional dairy milk. These plant-based milk alternatives offer various benefits such as being lactose-free, c
Read more

Antimicrobial Additives Market Growth Accelerated By Rising Demand From End-Use Industries

Image
Antimicrobial Additives Market Antimicrobial additives are extensively used in a wide range of end-use industries such as healthcare, packaging, food and beverage, construction, and automotive. These additives help protect various materials from microorganisms such as bacteria, viruses, etc. Some key applications of antimicrobial additives include packaging of food, medical devices, fabrics, flooring, coatings, etc. The ongoing COVID-19 pandemic has further increased the importance of hygiene and sanitation, driving demand for antimicrobial materials from various sectors. The global Antimicrobial Additives Market is estimated to be valued at US$ 3.47 Bn in 2024 and is expected to exhibit a CAGR of 25.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key drivers of the market's growth is the rising demand for antimicrobial additives from the packaging industry. Packaging manufacturers
Read more