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Global Video as a Service Market to reach USD 6.86 Billion by 2027.

Global Video as a Service Market Size study, by Vertical (Banking, financial services and insurance, IT and ITES, Healthcare and life sciences, Education, Media and Entertainment, Government and public sector, Retail and Consumer goods), by Cloud Deployment (Public cloud, Private cloud, Hybrid cloud), by Application (Corporate communication, training and development, Marketing and client engagement), and Regional Forecasts 2021-2027

Product Code: ICTICTS-75329127
Publish Date: 2-09-2021
Page: 200

Global Video as a Service Market is valued approximately at USD 3.8 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.8% over the forecast period 2021-2027. Video as a Service (VaaS) refers to delivery of multiparty or point-to-point video conferencing capabilities through an IP network that are managed by the network service provider. The global Video as a Service market is being driven by growing demand for real-time and remote access video services, increasing number of internet users around the world and adoption of cloud-based services by enterprises. Furthermore, the rise of 5G to boost adoption of cloud services, and high adoption of Video as a Service among SMEs will provide new opportunities for the global Video as a Service industry. For instance, according to the data of Statista, the enterprise spending on cloud infrastructures services has been increasing year by year in year 2019, the spending stands at USD 96 billion which jumps to USD 129.5 billion in year 2020. As a result, increased enterprise spending on cloud-based services will serve as a catalyst for the Video as a Service industry in the future. However, rising concern related to Data security and privacy as well as Network connectivity and infrastructure issues impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global Video as a Service market. The rising government initiatives to promote the digital infrastructure makes the Asia Pacific the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the partnerships between several technological service providers and other solution providers in order to enhance and provide customized offerings as per the business requirements of local clients in the region.
Major market player included in this report are:

Zoom video communications
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vertical:
Banking, financial services and insurance
Healthcare and life sciences
Media and Entertainment
Government and public sector
Retail and Consumer goods
By Cloud Deployment:
Public cloud
Private cloud
Hybrid cloud
By Application:
Corporate communication
Training and development
Marketing and client engagement

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Video as a Service Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Video as a Service Market , by Region, 2019-2027 (USD Billion)
1.2.2. Video as a Service Market , by Vertical, 2019-2027 (USD Billion)
1.2.3. Video as a Service Market , by Cloud Deployment , 2019-2027 (USD Billion)
1.2.4. Video as a Service Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Video as a Service Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Video as a Service Market Dynamics
3.1. Video as a Service Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Growing demand for real-time and remote access video services Increasing number of internet users around the world Adoption of cloud-based services by enterprises
3.1.2. Market Restraint Data security and privacy concerns Network connectivity and infrastructure issues
3.1.3. Market Opportunities Rise of 5G to boost adoption of cloud services High adoption of VaaS among SMEs
Chapter 4. Global Video as a Service Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Video as a Service Market , by Vertical
5.1. Market Snapshot
5.2. Global Video as a Service Market by Vertical, Performance – Potential Analysis
5.3. Global Video as a Service Market Estimates & Forecasts by Vertical 2018-2027 (USD Billion)
5.4. Video as a Service Market , Sub Segment Analysis
5.4.1. Banking, financial services and insurance
5.4.2. IT and ITES
5.4.3. Healthcare and life sciences
5.4.4. Education
5.4.5. Media and Entertainment
5.4.6. Government and public sector
5.4.7. Retail and Consumer goods
Chapter 6. Global Video as a Service Market , by Cloud Deployment
a. Market Snapshot
6.1. Global Video as a Service Market by Cloud Deployment, Performance – Potential Analysis
6.2. Global Video as a Service Market Estimates & Forecasts by Cloud Deployment 2018-2027 (USD Billion)
6.3. Video as a Service Market , Sub Segment Analysis
6.3.1. Public cloud
6.3.2. Private Cloud
6.3.3. Hybrid Cloud
Chapter 7. Global Video as a Service Market , by Application
b. Market Snapshot
7.1. Global Video as a Service Market by Application, Performance – Potential Analysis
7.2. Global Video as a Service Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.3. Video as a Service Market , Sub Segment Analysis
7.3.1. Corporate Communications
7.3.2. Training and development
7.3.3. Marketing and Client engagement
Chapter 8. Global Video as a Service Market , Regional Analysis
8.1. Video as a Service Market , Regional Market Snapshot
8.2. North America Video as a Service Market
8.2.1. U.S. Video as a Service Market Vertical breakdown estimates & forecasts, 2018-2027 Cloud Deployment breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Video as a Service Market
8.3. Europe Video as a Service Market Snapshot
8.3.1. U.K. Video as a Service Market
8.3.2. Germany Video as a Service Market
8.3.3. France Video as a Service Market
8.3.4. Spain Video as a Service Market
8.3.5. Italy Video as a Service Market
8.3.6. Rest of Europe Video as a Service Market
8.4. Asia-Pacific Video as a Service Market Snapshot
8.4.1. China Video as a Service Market
8.4.2. India Video as a Service Market
8.4.3. Japan Video as a Service Market
8.4.4. Australia Video as a Service Market
8.4.5. South Korea Video as a Service Market
8.4.6. Rest of Asia Pacific Video as a Service Market
8.5. Latin America Video as a Service Market Snapshot
8.5.1. Brazil Video as a Service Market
8.5.2. Mexico Video as a Service Market
8.6. Rest of The World Video as a Service Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Microsoft Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Zoom video communications
9.2.3. Cisco
9.2.4. Adobe
9.2.5. Avaya
9.2.6. Google
9.2.7. AWS
9.2.8. Poly
9.2.9. LogMeIn
9.2.10. RingCentral

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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