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Global Video-as-a-Service (VaaS) Market Report 2019-2025 - Anticipating a Growth of 31.3% CAGR During the Forecast Period - ResearchAndMarkets.com

November 21, 2019

DUBLIN--(BUSINESS WIRE)--Nov 21, 2019--

The “Video-as-a-Service - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Video-as-a-Service market worldwide is projected to grow by US$3.8 Billion, driven by a compounded growth of 31.3%.

Application Management, one of the segments analyzed and sized in this study, displays the potential to grow at over 29.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.8 Billion by the year 2025, Application Management will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 35% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$118 Million to the region’s size and clout in the next 5 to 6 years. Over US$175.9 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Application Management will reach a market size of US$136.8 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 30.1% over the next couple of years and add approximately US$635.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

For more information about this report visit https://www.researchandmarkets.com/r/efsxeu

View source version on businesswire.com:https://www.businesswire.com/news/home/20191121005907/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/21/2019 02:31 PM/DISC: 11/21/2019 02:31 PM

http://www.businesswire.com/news/home/20191121005907/en