Worldwide Video Platforms Software Forecast, 2023–2027
This IDC study provides a sizing of the worldwide video platforms software market in 2022 influencing the forecast through 2027. 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 12.0% for the 2022–2027 period," said Marci Maddox, research vice president, Persuasive Content and 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
Use of Generative AI for Media
Inhibitors
Market Adoption
Economic Slowdown
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates