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Video As A Service Market Size, Share & Trends Analysis Report By Vertical (BFSI, Education), By Cloud Deployment Mode (Public, Hybrid), By Application, By Region, And Segment Forecasts, 2021 - 2028

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    Report

  • 170 Pages
  • September 2021
  • Region: Global
  • Grand View Research
  • ID: 5440516
Description Jump to:
The global video as a service market size is expected to reach USD 32.24 billion by 2028, growing at a CAGR of 39.7% from 2021 to 2028, according to a new report by the publisher. The demand for video communications among organizations has been accelerating, which has enabled the market to gain momentum. The demand for high-quality conferencing and the networks to support it on an array of devices continues to grow. Data is stored in the cloud, and equipment is simplified into touchscreen interfaces while managed service vendors supply software applications and push hardware manufacturers into partnerships roles. All such factors are contributing to the growth of the video as a service (Vaas) market.

Moreover, multiparty or point-to-point conferencing solutions have given access to vast amounts of data about meeting habits. A conferencing platform aided with Artificial Intelligence (AI) and machine learning has allowed the video collaboration platform to optimize and increase the efficacy of meetings by deploying facial recognition technologies and virtual assistants. AI in VaaS solutions has enabled organizations to determine the optimal length of a forum, the best time of the day to hold a meeting, and the ideal number of participants. In addition, voice recognition has helped the enterprises analyze the content of the sessions, draw a comparative analysis between conferences in the organization, and offer suggestions about connections among people with complementary skills.

The growing demand for VaaS owing to the globalization of businesses is expected to emerge as a significant driver for market growth. VaaS is also likely to find more applications in the corporate, education, healthcare, government, and media & entertainment end-use segments. The rapid growth in telemedicine and online education in the emerging economies of Asia Pacific is anticipated to play a pivotal role in driving the demand for VaaS solutions. However, high initial investments in the purchase and deployment of Video Conferencing (VC) solutions and concerns related to the privacy and security of information are significant restraints of the market growth. The high cost of delivering video services can be attributed to high-quality video communication devices, data security software solutions for the secure transmission of data, and the training of employees.

Video As A Service Market Report Highlights

  • Many organizations have shifted to VaaS to enable customer-facing services and employee collaboration without worrying about the participants’ underlying technologies and networks
  • Favorable government initiatives supporting the adoption of mobile applications, digital technologies, and internet connectivity to reduce manual efforts and enhance the productivity of organizations are also expected to fuel the market growth
  • VaaS is available to users on-demand. It implies that the service provides for consumption to meet the current demand level. The host provides an infrastructure wherein resources are pooled and shared to meet user needs
  • The increasing number of technology and service-based start-ups in India and China is expected to propel the Asia Pacific regional market growth


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal database
1.3.3 Secondary Sources & Third-Party Perspective
1.3.4 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 VaaS Market - Industry Snapshot & Key Buying Criteria, 2018 - 2028
Chapter 3 Market Variables, Trends, and Scope
3.1 Market Size and Growth Prospects
3.2 VaaS Market - Value Chain Analysis
3.2.1 Vendor Landscape
3.3 Market Dynamics
3.3.1 Impact Of Covid-19 On The Vaas Market
3.3.2 Market Driver Analysis
3.3.2.1 Growing high-speed communication infrastructure
3.3.2.2 Increasing adoption of video conferencing solutions by MNCs to support global operations
3.3.3 Market Restraint Analysis
3.3.3.1 High acquisition and integration costs
3.4 Penetration and Growth Prospect Mapping
3.5 Business Environmental Analysis Tools
3.5.1 Porter’s Five Forces Analysis
3.5.2 Pest Analysis
Chapter 4 Video as a Service (VaaS) Market Application Outlook
4.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
4.2 VaaS Market: Application Movement Analysis, 2020 & 2028
4.2.1 Corporate Communications
4.2.2 Training & Development
4.2.3 Marketing & Client Engagement
4.2.4 Broadcast Distribution
4.2.5 Content Creation & Management
4.2.6 Others
Chapter 5 Video as a Service (VaaS) Market Cloud Deployment Mode Outlook
5.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
5.2 VaaS Market: Cloud Deployment Mode Movement Analysis, 2020 & 2028
5.2.1 Public Cloud
5.2.2 Private Cloud
5.2.3 Hybrid Cloud
Chapter 6 Video as a Service (VaaS) Market Vertical Outlook
6.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
6.2 VaaS Market: Vertical Movement Analysis, 2020 & 2028
6.2.1 BFSI
6.2.2 Healthcare & Life Sciences
6.2.3 Retail & E-Commerce
6.2.4 IT & Telecom
6.2.5 Education
6.2.6 Government & Public Sector
6.2.7 Media & Entertainment
6.2.8 Others
Chapter 7 Video as a Service (VaaS) Regional Market Outlook
7.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
7.2 VaaS Market: Regional Movement Analysis, 2020 & 2028
7.3 North America
7.3.1 U.S.
7.3.2 Canada
7.4 Europe
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.5 Asia Pacific
7.5.1 China
7.5.2 India
7.5.3 Japan
7.5.4 Australia
7.6 Latin America
7.6.1 Brazil
7.6.2 Mexico
7.7 Middle East & Africa (MEA)
Chapter 8 Competitive Analysis
8.1 Recent Developments & Impact Analysis, By Key Market Participants
8.2 Company Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3 Company Market Share Analysis, 2020
Chapter 9 Competitive Landscape
9.1 Adobe
9.1.1 Company Overview
9.1.2 Financial Overview
9.1.3 Product Benchmarking
9.1.4 Recent Developments
9.2 Alphabet Inc.
9.2.1 Company Overview
9.2.2 Financial Overview
9.2.3 Product Benchmarking
9.2.4 Recent Developments
9.3 Amazon Web Services, Inc.
9.3.1 Company Overview
9.2.2 Financial Overview
9.3.3 Product Benchmarking
9.3.4 Recent Developments
9.4 Avaya Inc.
9.4.1 Company Overview
9.2.2 Financial Overview
9.4.3 Product Benchmarking
9.4.4 Recent Developments
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Overview
9.5.3 Product Benchmarking
9.5.4 Recent Developments
9.6 LogMeIn, Inc.
9.6.1 Company Overview
9.2.2 Financial Overview
9.6.3 Product Benchmarking
9.6.4 Recent Developments
9.7 Plantronics, Inc.
9.7.1 Company Overview
9.7.2 Product Benchmarking
9.7.3 Recent Developments
9.8 RingCentral, Inc.
9.8.1 Company Overview
9.8.2 Financial Overview
9.8.3 Product Benchmarking
9.8.4 Recent Developments
9.9 Zoho Corporation Pvt. Ltd.
9.9.1 Company Overview
9.9.2 Product Benchmarking
9.9.3 Recent Developments
9.10 Zoom Video Communications, Inc.
9.10.1 Company Overview
9.10.2 Financial Overview
9.10.3 Product Benchmarking
9.10.4 Recent Developments
List of Tables
Table 1 Video as a Service (VaaS) market solution scope
Table 2 VaaS market estimates and forecasts, 2018 - 2028 (USD Million)
Table 3 VaaS market estimates and forecasts by region, 2018 - 2028 (USD Million)
Table 4 VaaS market estimates and forecasts by application, 2018 - 2028 (USD Million)
Table 5 VaaS market estimates and forecasts by cloud deployment mode, 2018 - 2028 (USD Million)
Table 6 VaaS market estimates and forecasts by vertical, 2018 - 2028 (USD Million)
Table 7 VaaS market - Key market driver impact
Table 8 VaaS market - Key market restraint impact
Table 9 VaaS market, by region, 2018 - 2028 (USD Million)
Table 10 Corporate communications market, by region, 2018 - 2028 (USD Million)
Table 11 Training & development market, by region, 2018 - 2028 (USD Million)
Table 12 Marketing & client engagement market, by region, 2018 - 2028 (USD Million)
Table 13 Broadcast distribution market, by region, 2018 - 2028 (USD Million)
Table 14 Content creation and management market, by region, 2018 - 2028 (USD Million)
Table 15 Other VaaS application market, by region, 2018 - 2028 (USD Million)
Table 16 Public cloud VaaS market, by region, 2018 - 2028 (USD Million)
Table 17 Private cloud VaaS market, by region, 2018 - 2028 (USD Million)
Table 18 Hybrid cloud VaaS market, by region, 2018 - 2028 (USD Million)
Table 19 VaaS in BFSI market, by region, 2018 - 2028 (USD Million)
Table 20 VaaS in healthcare & life sciences market, by region, 2018 - 2028 (USD Million)
Table 21 VaaS in retail & e-commerce market, by region, 2018 - 2028 (USD Million)
Table 22 VaaS in IT & telecom market, by region, 2018 - 2028 (USD Million)
Table 23 VaaS in education market, by region, 2018 - 2028 (USD Million)
Table 24 VaaS in government & public sector market, by region, 2018 - 2028 (USD Million)
Table 25 VaaS in media & entertainment market, by region, 2018 - 2028 (USD Million)
Table 26 VaaS in other verticals market, by region, 2018 - 2028 (USD Million)
Table 27 North America VaaS market, by application, 2018 - 2028 (USD Million)
Table 28 North America VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 29 North America VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 30 The U.S. VaaS market, by application, 2018 - 2028 (USD Million)
Table 31 The U.S. VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 32 The .S. VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 33 Canada VaaS market, by application, 2018 - 2028 (USD Million)
Table 34 Canada VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 35 Canada VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 36 Europe VaaS market, by application, 2018 - 2028 (USD Million)
Table 37 Europe VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 38 Europe VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 39 The U.K. VaaS market, by application, 2018 - 2028 (USD Million)
Table 40 The U.K. VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 41 The U.K. VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 42 Germany VaaS market, by application, 2018 - 2028 (USD Million)
Table 43 Germany VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 44 Germany VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 45 France VaaS market, by application, 2018 - 2028 (USD Million)
Table 46 France VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 47 France VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 48 Asia Pacific VaaS market, by application, 2018 - 2028 (USD Million)
Table 49 Asia Pacific VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 50 Asia Pacific VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 51 China VaaS market, by application, 2018 - 2028 (USD Million)
Table 52 China VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 53 China VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 54 India VaaS market, by application, 2018 - 2028 (USD Million)
Table 55 India VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 56 India VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 57 Japan VaaS market, by application, 2018 - 2028 (USD Million)
Table 58 Japan VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 59 Japan VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 60 Australia VaaS market, by application, 2018 - 2028 (USD Million)
Table 61 Australia VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 62 Australia VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 63 Latin America VaaS market, by application, 2018 - 2028 (USD Million)
Table 64 Latin America VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 65 Latin America VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 66 Brazil VaaS market, by application, 2018 - 2028 (USD Million)
Table 67 Brazil VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 68 Brazil VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 69 Mexico VaaS market, by application, 2018 - 2028 (USD Million)
Table 70 Mexico VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 71 Mexico VaaS market, by vertical, 2018 - 2028 (USD Million)
Table 72 MEA VaaS market, by application, 2018 - 2028 (USD Million)
Table 73 MEA VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Table 74 MEA VaaS market, by vertical, 2018 - 2028 (USD Million)
List of Figures
Figure 1 VaaS segmentation & scope
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Primary research process
Figure 5 Market formulation and data visualization
Figure 6 Industry snapshot - VaaS market
Figure 7 Market size and growth prospects (USD Million)
Figure 8 VaaS market - Value chain analysis
Figure 9 Market dynamics
Figure 10 Penetration & growth prospect mapping
Figure 11 Porter’s five forces analysis
Figure 12 PEST analysis
Figure 13 VaaS market, by application, key takeaways
Figure 14 VaaS market: Application movement analysis, 2020 & 2028
Figure 15 Corporate communications market, 2018 - 2028 (USD Million)
Figure 16 Training & development market, 2018 - 2028 (USD Million)
Figure 17 Marketing & client engagement market, 2018 - 2028 (USD Million)
Figure 18 Broadcast distribution market, 2018 - 2028 (USD Million)
Figure 19 Content creation and management market, 2018 - 2028 (USD Million)
Figure 20 Other VaaS application market, 2018 - 2028 (USD Million)
Figure 21 VaaS market, by cloud deployment mode, key takeaways
Figure 22 VaaS market: Cloud deployment mode movement analysis, 2020 & 2028
Figure 23 Public cloud VaaS market, 2018 - 2028 (USD Million)
Figure 24 Private cloud VaaS market, 2018 - 2028 (USD Million)
Figure 25 Hybrid cloud VaaS market, 2018 - 2028 (USD Million)
Figure 26 VaaS market, by vertical, key takeaways
Figure 27 VaaS market: Vertical movement analysis, 2020 & 2028
Figure 28 VaaS market in BFSI, 2018 - 2028 (USD Million)
Figure 29 VaaS market in healthcare & life sciences, 2018 - 2028 (USD Million)
Figure 30 VaaS market in retail & e-commerce, 2018 - 2028 (USD Million)
Figure 31 VaaS market in IT & telecom, 2018 - 2028 (USD Million)
Figure 32 VaaS market in education, 2018 - 2028 (USD Million)
Figure 33 VaaS market in government & public sector, 2018 - 2028 (USD Million)
Figure 34 VaaS market in media & entertainment, 2018 - 2028 (USD Million)
Figure 35 VaaS market in other verticals, 2018 - 2028 (USD Million)
Figure 36 VaaS market, by region, key takeaways
Figure 37 VaaS market: Regional movement analysis, 2020 & 2028
Figure 38 North America VaaS market, 2020 & 2028 (USD Million)
Figure 39 North America VaaS market, by application, 2018 - 2028 (USD Million)
Figure 40 North America VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 41 North America VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 42 The U.S. VaaS market, by application, 2018 - 2028 (USD Million)
Figure 43 The U.S. VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 44 The U.S. VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 45 Canada VaaS market, by application, 2018 - 2028 (USD Million)
Figure 46 Canada VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 47 Canada VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 48 Europe VaaS market, 2020 & 2028 (USD Million)
Figure 49 Europe VaaS market, by application, 2018 - 2028 (USD Million)
Figure 50 Europe VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 51 Europe VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 52 The U.K. VaaS market, by application, 2018 - 2028 (USD Million)
Figure 53 The U.K. VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 54 The U.K. VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 55 Germany VaaS market, by application, 2018 - 2028 (USD Million)
Figure 56 Germany VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 57 Germany VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 58 France VaaS market, by application, 2018 - 2028 (USD Million)
Figure 59 France VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 60 France VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 61 Asia Pacific VaaS market, 2020 & 2028 (USD Million)
Figure 62 Asia Pacific VaaS market, by application, 2018 - 2028 (USD Million)
Figure 63 Asia Pacific VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 64 Asia Pacific VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 65 China VaaS market, by application, 2018 - 2028 (USD Million)
Figure 66 China VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 67 China VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 68 India VaaS market, by application, 2018 - 2028 (USD Million)
Figure 69 India VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 70 India VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 71 Japan VaaS market, by application, 2018 - 2028 (USD Million)
Figure 72 Japan VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 73 Japan VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 74 Australia VaaS market, by application, 2018 - 2028 (USD Million)
Figure 75 Australia VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 76 Australia VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 77 Latin America VaaS market, 2020 & 2028 (USD Million)
Figure 78 Latin America VaaS market, by application, 2018 - 2028 (USD Million)
Figure 79 Latin America VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 80 Latin America VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 81 Brazil VaaS market, by application, 2018 - 2028 (USD Million)
Figure 82 Brazil VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 83 Brazil VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 84 Mexico VaaS market, by application, 2018 - 2028 (USD Million)
Figure 85 Mexico VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 86 Mexico VaaS market, by vertical, 2018 - 2028 (USD Million)
Figure 87 MEA VaaS market, 2020 & 2028 (USD Million)
Figure 88 MEA VaaS market, by application, 2018 - 2028 (USD Million)
Figure 89 MEA VaaS market, by cloud deployment mode, 2018 - 2028 (USD Million)
Figure 90 MEA VaaS market, by vertical, 2018 - 2028 (USD Million)

Companies Mentioned

  • Adobe
  • Alphabet Inc.
  • Amazon Web Services, Inc.
  • Avaya Inc.
  • Cisco Systems, Inc.
  • LogMeIn, Inc.
  • Plantronics, Inc.
  • RingCentral, Inc.
  • Zoho Corporation Pvt. Ltd.
  • Zoom Video Communications, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages170
PublishedSeptember 2021
Forecast Period2020 - 2028
Estimated Market Value ( USD ) in 2020 $ 2.13 Billion
Forecasted Market Value ( USD ) by 2028 $ 32.24 Billion
Compound Annual Growth Rate40.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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