Worldwide Video Platforms Software Forecast, 2022–2025: 1H21 Update
This IDC study provides a sizing of the worldwide video platforms software market in 2020, with an update of the first half of 2021 influencing the forecast through 2025. It includes commentary on market growth and the emerging trends and provides actionable advice for technology suppliers."The worldwide video platforms software market is expected to grow at a CAGR of 14.8% for the 2020–2025 period," said Marci Maddox, research director, Digital Experience Strategies at IDC. "Organizations in all industries are leveraging video to educate, entertain, and persuade. The rise of the remote workforce combined with the focus on customer and employee experiences will continue to drive adoption."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Desire for More Immersive and Engaging Experiences
- Expanded Growth with Virtual Events and Videoconferencing
- Inhibitors
- Market Saturation
- Desire for SaaS and Cloud-Native Solutions
- Market Consolidation
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Historical and Forecast Market Values and Exchange Rates
- Related Research
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