The North America Video as a Service Market would witness market growth of 6.9% CAGR during the forecast period (2021-2027).
Video as a service refers to a delivery model wherein companies outsource their multiparty or point to point video conferencing requirements to a VaaS service provider over an IP network. This visual communication service provides numerous features like archiving, recording, calling, and endpoint management, which is attracting more companies towards its adoption. In addition, video as a service provides companies with a reliable and convenient substitute for corporate video communication services that can address their budget and infrastructure problems.
These services include high-quality audio along with the transmission of full-motion video images across several locations. Through such cloud-based video services, companies can rapidly deploy video conferencing solutions with low infrastructure investment. Using VaaS mode, customer-facing services and employee collaboration can be enabled without having to worry about networks and underlying technologies.
The rising number of internet users is leading to the higher popularity of OTT media services that would accelerate the demand for new video content, and hence, fuelling the demand for video production services. In addition, growing internet penetration and the high adoption of the latest technologies is among the key factors bolstering the growth of the regional video as a service (VaaS) market. The introduction of 5G technology is estimated to propel the demand for VaaS over the forecast period.
The US is one of the most badly hit nations due to the outbreak of the COVID-19 pandemic and thus, the region witnessed prolonged lockdown period, which compelled companies to shift their workflow on work from home model. Due to this shift, the demand for VaaS solutions has increased in this region, which is anticipated to support the overall growth of the VaaS market in the coming years.
The US market dominated the North America Healthcare Video as a Service Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $188.5 million by 2027. The Canada market is experiencing a CAGR of 10.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.1% during (2021 - 2027).
Based on Deployment, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Application, the market is segmented into Corporate Communications, Training & Development, Marketing & Client Engagement and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & Consumer Goods, Government & Defense, Education, Media & Entertainment and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Video as a Service Market is Estimated to reach $7.1 billion by 2027, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google, Inc., Amazon.com, Inc., Microsoft Corporation, Adobe, Inc., Cisco Systems, Inc., Zoom Video Communications, Inc., Avaya Holdings Corporation, Plantronics, Inc. (Polycom, Inc.), RingCentral, Inc., and Zoho Corporation Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Application
- Corporate Communications
- Training & Development
- Marketing & Client Engagement
- Others
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & Consumer Goods
- Government & Defense
- Education
- Media & Entertainment
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Google, Inc.
- Amazon.com, Inc.
- Microsoft Corporation
- Adobe, Inc.
- Cisco Systems, Inc.
- Zoom Video Communications, Inc.
- Avaya Holdings Corporation
- Plantronics, Inc. (Polycom, Inc.)
- RingCentral, Inc.
- Zoho Corporation Pvt. Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Video as a Service Market, by Deployment
1.4.2 North America Video as a Service Market, by Application
1.4.3 North America Video as a Service Market, by Industry Vertical
1.4.4 North America Video as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Sep – 2021, Sep) Leading Players
Chapter 4. North America Video as a Service Market by Industry Vertical
4.1 North America BFSI Video as a Service Market by Country
4.2 North America IT & Telecom Video as a Service Market by Country
4.3 North America Healthcare Video as a Service Market by Country
4.4 North America Retail & Consumer Goods Video as a Service Market by Country
4.5 North America Government & Defense Video as a Service Market by Country
4.6 North America Education Video as a Service Market by Country
4.7 North America Media & Entertainment Video as a Service Market by Country
4.8 North America Other Industry Vertical Video as a Service Market by Country
Chapter 5. North America Video as a Service Market by Deployment
5.1 North America Video as a Service Public Cloud Market by Country
5.2 North America Video as a Service Private Cloud Market by Country
5.3 North America Video as a Service Hybrid Cloud Market by Country
Chapter 6. North America Video as a Service Market by Application
6.1 North America Corporate Communications Video as a Service Market by Country
6.2 North America Training & Development Video as a Service Market by Country
6.3 North America Marketing & Client Engagement Video as a Service Market by Country
6.4 North America Others Video as a Service Market by Country
Chapter 7. North America Video as a Service Market by Country
7.1 US Video as a Service Market
7.1.1 US Video as a Service Market by Industry Vertical
7.1.2 US Video as a Service Market by Deployment
7.1.3 US Video as a Service Market by Application
7.2 Canada Video as a Service Market
7.2.1 Canada Video as a Service Market by Industry Vertical
7.2.2 Canada Video as a Service Market by Deployment
7.2.3 Canada Video as a Service Market by Application
7.3 Mexico Video as a Service Market
7.3.1 Mexico Video as a Service Market by Industry Vertical
7.3.2 Mexico Video as a Service Market by Deployment
7.3.3 Mexico Video as a Service Market by Application
7.4 Rest of North America Video as a Service Market
7.4.1 Rest of North America Video as a Service Market by Industry Vertical
7.4.2 Rest of North America Video as a Service Market by Deployment
7.4.3 Rest of North America Video as a Service Market by Application
Chapter 8. Company Profiles
8.1 Google, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisitions and Mergers:
8.1.5.3 Product launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Amazon.com, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Acquisitions and Mergers:
8.2.4.3 Product launches and Product Expansions:
8.2.4.4 Geographical Expansions:
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisitions and Mergers:
8.3.5.3 Product launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Adobe, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisitions and Mergers:
8.4.6 SWOT Analysis
8.5 Cisco Systems, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisitions and Mergers:
8.5.5.3 Product launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Zoom Video Communications, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product launches and Product Expansions:
8.7 Avaya Holdings Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product launches and Product Expansions:
8.8 Plantronics, Inc. (Polycom, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product launches and Product Expansions:
8.9 RingCentral, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisitions and Mergers:
8.9.5.3 Product launches and Product Expansions:
8.9.5.4 Geographical Expansions:
8.10. Zoho Corporation Pvt. Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product launches and Product Expansions:
TABLE 1 North America Video as a Service Market, 2017 - 2020, USD Million
TABLE 2 North America Video as a Service Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Video as a Service Market
TABLE 4 Product Launches And Product Expansions– Video as a Service Market
TABLE 5 Acquisition and Mergers– Video as a Service Market
TABLE 6 Geographical Expansions– Video as a Service Market
TABLE 7 North America Video as a Service Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 8 North America Video as a Service Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 9 North America BFSI Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 10 North America BFSI Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 11 North America IT & Telecom Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 12 North America IT & Telecom Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Healthcare Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Healthcare Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Retail & Consumer Goods Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Retail & Consumer Goods Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Government & Defense Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Government & Defense Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Education Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Education Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Media & Entertainment Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Media & Entertainment Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Other Industry Vertical Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Other Industry Vertical Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Video as a Service Market by Deployment, 2017 - 2020, USD Million
TABLE 26 North America Video as a Service Market by Deployment, 2021 - 2027, USD Million
TABLE 27 North America Video as a Service Public Cloud Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Video as a Service Public Cloud Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Video as a Service Private Cloud Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Video as a Service Private Cloud Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Video as a Service Hybrid Cloud Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Video as a Service Hybrid Cloud Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Video as a Service Market by Application, 2017 - 2020, USD Million
TABLE 34 North America Video as a Service Market by Application, 2021 - 2027, USD Million
TABLE 35 North America Corporate Communications Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Corporate Communications Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Training & Development Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Training & Development Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Marketing & Client Engagement Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Marketing & Client Engagement Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Others Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Others Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Video as a Service Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Video as a Service Market by Country, 2021 - 2027, USD Million
TABLE 45 US Video as a Service Market, 2017 - 2020, USD Million
TABLE 46 US Video as a Service Market, 2021 - 2027, USD Million
TABLE 47 US Video as a Service Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 48 US Video as a Service Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 49 US Video as a Service Market by Deployment, 2017 - 2020, USD Million
TABLE 50 US Video as a Service Market by Deployment, 2021 - 2027, USD Million
TABLE 51 US Video as a Service Market by Application, 2017 - 2020, USD Million
TABLE 52 US Video as a Service Market by Application, 2021 - 2027, USD Million
TABLE 53 Canada Video as a Service Market, 2017 - 2020, USD Million
TABLE 54 Canada Video as a Service Market, 2021 - 2027, USD Million
TABLE 55 Canada Video as a Service Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 56 Canada Video as a Service Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 57 Canada Video as a Service Market by Deployment, 2017 - 2020, USD Million
TABLE 58 Canada Video as a Service Market by Deployment, 2021 - 2027, USD Million
TABLE 59 Canada Video as a Service Market by Application, 2017 - 2020, USD Million
TABLE 60 Canada Video as a Service Market by Application, 2021 - 2027, USD Million
TABLE 61 Mexico Video as a Service Market, 2017 - 2020, USD Million
TABLE 62 Mexico Video as a Service Market, 2021 - 2027, USD Million
TABLE 63 Mexico Video as a Service Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 64 Mexico Video as a Service Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 65 Mexico Video as a Service Market by Deployment, 2017 - 2020, USD Million
TABLE 66 Mexico Video as a Service Market by Deployment, 2021 - 2027, USD Million
TABLE 67 Mexico Video as a Service Market by Application, 2017 - 2020, USD Million
TABLE 68 Mexico Video as a Service Market by Application, 2021 - 2027, USD Million
TABLE 69 Rest of North America Video as a Service Market, 2017 - 2020, USD Million
TABLE 70 Rest of North America Video as a Service Market, 2021 - 2027, USD Million
TABLE 71 Rest of North America Video as a Service Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 72 Rest of North America Video as a Service Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 73 Rest of North America Video as a Service Market by Deployment, 2017 - 2020, USD Million
TABLE 74 Rest of North America Video as a Service Market by Deployment, 2021 - 2027, USD Million
TABLE 75 Rest of North America Video as a Service Market by Application, 2017 - 2020, USD Million
TABLE 76 Rest of North America Video as a Service Market by Application, 2021 - 2027, USD Million
TABLE 77 Key Information – Google, Inc.
TABLE 78 Key Information – Amazon.com, Inc.
TABLE 79 key information – Microsoft Corporation
TABLE 80 Key Information – Adobe, Inc.
TABLE 81 Key Information – Cisco Systems, Inc.
TABLE 82 key information – Zoom Video Communications, Inc.
TABLE 83 Key Information – Avaya Holdings Corporation
TABLE 84 Key Information – Plantronics, Inc.
TABLE 85 Key Information – RingCentral, Inc.
TABLE 86 Key Information – Zoho Corporation Pvt. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Sep – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Google, Inc.
FIG 6 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 7 Recent strategies and developments: Amazon.com, Inc.
FIG 8 SWOT analysis: Amazon.com, Inc.
FIG 9 Recent strategies and developments: Microsoft Corporation
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 SWOT Analysis: Adobe, inc.
FIG 12 Recent strategies and developments: Cisco Systems, Inc.
FIG 13 SWOT Analysis: Cisco Systems, Inc.
FIG 14 Recent strategies and developments: Zoom Video Communications, Inc.
FIG 15 Recent strategies and developments: Avaya Holdings Corporation
FIG 16 Recent strategies and developments: Plantronics, Inc.
FIG 17 Recent strategies and developments: RingCentral, Inc.