Enterprise Video Market Size & Share | Global Report, 2027
Enterprise Video Market The Enterprise Video Market was valued at USD 14,793 Million in 2019 and projected to grow at a CAGR of 9.8% over the forecast period (2020-2027). The factors driving the growth of Enterprise Video Market includes growing demand for on-demand services and video streaming, increasing penetration, and rising adoption of smartphones across the world. As per Counter Point Research, the Global smartphone shipments increased to 4% YoY and reached 1.39 billion units in 2021, which will accelerate the Global Enterprise Video Market in the coming years. Moreover, the rising technological innovation in video technology such as Codec and growing emphasis by companies on developing Content Delivery Networks (CDNs) for faster delivery of multimedia internet content, are expected to boost the Enterprise Video Market Size in the approaching years. In addition, the emerging demand for Voice over Internet Protocol (VoIP) technology and face recognition technology, which ...