According to a new report, published by KBV research, The Global Enterprise Streaming Media Market size is expected to reach $75.94 billion by 2031, rising at a market growth of 10.4% CAGR during the forecast period.
The Small & Medium Enterprise segment is anticipating a CAGR of 11.1% during (2024 - 2031). Small and medium-sized enterprises (SMEs) recognize enterprise streaming media's benefits for enhancing communication, improving employee engagement, and delivering virtual training without incurring substantial costs. The flexibility and low upfront investment cloud deployment models offer make it easier for SMEs to integrate streaming media into their operations.
The Support & Maintenance segment is leading the Global Enterprise Streaming Media Market by Type in 2023; thereby, achieving a market value of $27.8 billion by 2031. As businesses integrate advanced streaming solutions into their daily operations, the need for consistent performance, minimal downtime, and quick technical resolution becomes paramount. Support and maintenance services ensure the seamless functioning of streaming infrastructure, including troubleshooting, software updates, performance monitoring, and system optimization. Additionally, the proliferation of hybrid work models and global operations necessitates 24/7 support to maintain uninterrupted services across different time zones.
The Corporate Communication segment is registering a CAGR of 10.8% during (2024 - 2031). Enterprises use streaming media platforms to facilitate virtual town halls, executive announcements, internal updates, and stakeholder communications, ensuring all employees remain informed and aligned with the company’s goals and values. The need to foster a strong corporate culture and boost employee engagement, particularly in remote and hybrid work settings, has led to an increased reliance on real-time video communication tools. Streaming media enhances leadership visibility and helps organizations manage communication effectively, strengthening overall internal communication strategies.
The On Premise segment is generating the maximum revenue in the Global Enterprise Streaming Media Market by Deployment in 2023; thereby, achieving a market value of $44.32 billion by 2031. Banking, financial services, insurance (BFSI), healthcare, and government organizations prefer on-premise deployment because it lets them completely own their data and customize security protocols according to specific regulatory requirements like GDPR and HIPAA. Additionally, on-premise solutions offer lower latency and higher performance, especially for businesses with dedicated IT infrastructure.
The Video Conferencing market is expected to witness a CAGR of 10.2% during (2024 - 2031). The segment is driven by the growing demand for face-to-face virtual interactions that foster personal connections and effective communication among employees, clients, and stakeholders. Enterprises are increasingly adopting video conferencing to facilitate executive meetings, team collaborations, job interviews, and customer engagements, offering a human touch in a digital environment. Advancements in high-definition video quality, secure communication channels, and integration with productivity tools such as calendars and project management software have made video conferencing an essential component of modern business communication. Furthermore, the focus on reducing travel costs while maintaining real-time, interactive communication has significantly contributed to the growth of this segment.
The IT & Telecom segment is exhibiting a CAGR of 9.2% during (2024 - 2031). Companies in this sector use enterprise streaming media for global team collaboration, virtual product launches, technical webinars, and client engagement. Their need for high-speed, scalable, and secure communication platforms to manage distributed teams and frequent product updates fuels the demand for streaming solutions. The sector’s deep familiarity with cloud technologies, network infrastructure, and digital transformation strategies contributes to enterprise streaming media platforms' rapid adoption and evolution.
Full Report: https://www.kbvresearch.com/enterprise-streaming-media-market/
The North America region dominated the Global Enterprise Streaming Media Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $32.56 billion by 2031. The Europe region is experiencing a CAGR of 10% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 11.4% during (2024 - 2031).
By Enterprise Size
By Type
By Deployment
By Application
By Solution
By Vertical
Unique Offerings 
