Dallas, TX -- (SBWire) -- 09/27/2018 --From the past four years, the global enterprise video content management market has maintained an average annual growth of x% which accounted for xx million $ in 2014 to xx million $ in 2017. Further expansion of this market is predicted for year 2022. The global Enterprise Video Content Management market is growing positively due to the emergence of technologies for collaboration technologies, customer relationship management and other e-commerce software.
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Enterprise video content management solutions help in document processing, information communication, manage, capture and play video content. It helps enterprises to securely deploy the video and multi-media content for partners, customers and employees without augmenting IT infrastructure. Moreover, these Enterprise Video Content Management solutions offer features such as creation of webcam and audio recordings, screen, media publication to multiple devices, analytics to manage information, easy automated lecture recording and security option.
Some other major contributing factors favoring the global video content management market are: increased demand from healthcare sector, ubiquity of smart devices, burgeon adoption of cloud-based content management across various industry vertical, wherein use of these tools can reduce the cost of care, which is of great essence. On the other hand, most substantial challenge for the vendors of global video content management market is security of information, although hybrid solutions and SaaS solutions are going extra mile to overcome these restraints.
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Based on industry, the market has been bifurcated into healthcare, media and entertainment, IT and telecommunication, banking, financial services, retail and consumer goods, and insurance (BFSI), government, and others. Application-wise, the market has been classified into corporate communication, training and development, and others. Presently, corporate communication is posing more demand than other application categories, with video messaging gaining strong admiration among several enterprises as it provides personal feel than the text in an email. Workers at diverse geographical sites can now use webcast to join events and seminars and gain training, which is not only cost effective but time-saving as well.
Description of services provided by key players of Video content management market:
1. Agile Content
With agile content, users get tools for continuous production and "just-in-time" content. These platforms comes with audience segmentation and traffic measurement systems to deliver tailored experience to users. It consists of full-delivery stack based on non-structure database and big-data technology.
2. Brightcove
These video suite provide employee video training, video communication and enterprise live video stream. The security features of this software includes URL tokenization, IP restriction and single sign-on (SSO). These features ensures if the video is delivered to the right person.
North America and Europe Most Lucrative Regions
Global enterprise video content management market has a potential in following regions: Latin America, and the Middle East and Africa (MEA), North America, Asia Pacific except Japan and Europe. Among these, North America's video content management is the most lucrative market. The developed countries of Canada and U.S have exceedingly adopted video communication among blue chip companies, and this will gain traction in North American market. European enterprise video content management has positively generated revenue. On the other hand, Asia Pacific except Japan has promptly mounting communication services industry, chiefly in developing countries such as China and India.
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Global Enterprise Video Content Management Market 2018: Demand, Trends and Growth by Business Opportunities and Forecast 2022
Global Enterprise Video Content Management Market Analysis by Growth, Revenue, Statistics and Forecast 2018-2022