Insights into enterprise streaming media market

The enterprise streaming media market was poised for continued growth as organizations recognized the value of video content for internal and external communication and invested in scalable, secure, and feature-rich streaming solutions to meet their evolving needs.

Streaming media is video or audio content sent in a compressed form over the Internet and played immediately instead of being saved to the hard drive. Enterprise streaming media enables companies to effectively connect to their employees and customers.

Effective communication can be achieved through video interfaces, which enhance the outreach and output. Adobe Systems Inc., Apple INC, and Cisco Systems, Inc.
are some of the key players in the enterprise streaming media market.

Increasing implementation of video interfaces due to its features such as cost-efficiency and flexibility is expected to drive the market during the forecast period. The presence of free streaming media is expected to restrict the market growth.

However, increasing adoption of cloud storage technologies and Bring Your Own Device (BYOD) initiative among various industries provide ample growth opportunities.

The enterprise streaming media market is experiencing significant growth, driven by several key factors. Firstly, the increasing demand for video content in corporate communication and training is fueling the adoption of streaming media solutions among enterprises.
With the rise of remote work and global teams, organizations are leveraging streaming media platforms to deliver live and on-demand video content to employees across different locations and devices.

Advancements in technology, particularly in video streaming codecs, bandwidth optimization, and content delivery networks (CDNs), are enhancing the quality and reliability of streaming media services. These technological improvements enable enterprises to deliver high-definition video content seamlessly, even in bandwidth-constrained environments.

Additionally, the proliferation of mobile devices and the growing trend of bring-your-own-device (BYOD) policies in the workplace are driving the need for enterprise streaming media solutions that are compatible with a wide range of devices and operating systems. This flexibility allows employees to access corporate videos and live streams on their preferred devices, regardless of their location.

Furthermore, the COVID-19 pandemic has accelerated the adoption of remote work and virtual collaboration tools, leading to an increased reliance on streaming media for corporate communications, virtual events, and employee training. As organizations continue to embrace remote and hybrid work models, the demand for enterprise streaming media solutions is expected to remain strong in the coming years.

Overall, the enterprise streaming media market is poised for continued growth, driven by the increasing demand for video content, technological advancements, changing work dynamics, and the evolving needs of modern enterprises.

The report segments the enterprise streaming media market on the basis of components, applications, industry verticals, and geography.

• Based on components, it includes hardware, software, and services.
• Based on application, it includes knowledge sharing & management, corporate communication, learning & development, and others.
• Based on industry verticals, it includes banking financial services & insurance (BFSI), healthcare, manufacturing, government, IT & telecom, media & entertainment, retail, and others.
• Based on geography, it covers North America, Europe, Asia-Pacific, and LAMEA.

The major players of the enterprise streaming media market are Adobe Systems Inc., Apple INC, Cisco Systems, Inc., RealNetworks, Spirent Communications, Internap, Polycom, Haivision System Inc., Wowza Media Systems, LLC, and Ignite Technologies, Inc. WhaTech