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According to a new report Global Video Content Management System Market, published by KBV research, The Global Video Content Management System Market size is expected to reach $7 billion by 2027, rising at a market growth of 12.8% CAGR during the forecast period.
The On-premise market dominated the Global Video Content Management System Market by Deployment Type 2020, thereby, achieving a market value of $4,108.2 million by 2027. The Cloud market is expected to witness highest CAGR of 14.2% during (2021 - 2027).
The education vertical would display a promising growth rate during the forecasting period. In addition, education is evolving at a rapid rate because the sector is currently going through massive development, with technological development, hence boosting the growth of the overall segment.
North America would procure the maximum revenue share of the video content management market during the forecasting period. After North America, Europe would obtain the prominent revenue share during the forecasting period. North America is home to new technological advancements because of the rapid adoption of the latest and next-generation technologies.
The region is one of the early adopters of smartphone technology and other mobile devices, which has been substantially responsive to the adoption of video content management solutions. The production of video content is the maximum in this region, thereby creating lucrative growth opportunities for the players operating in the regional market.
Full Report: https://www.kbvresearch.com/video-content-management-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Vimeo.com, Inc. (IAC Group), Microsoft Corporation, BrightCove, Inc., Panopto Inc., Kaltura Inc., Buildscale, Inc. (Vidyard), Citrix Systems, Inc., Haivision Systems Inc., and Kollective Technology, Inc. (MK Capital).
By Component
By Application
By Deployment Type
By End User
By Geography
Companies Profiled
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