DUBLIN, June 27, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Video-as-a-Service Market by Platform and Services - Global Forecast to 2021" report to their offering.

The objective of the report is to define, describe, and forecast the Video as a Service market on the basis of platforms, services, organization size, deployment models, industry verticals, and regions and also provide detailed information regarding the major factors influencing the growth of the VaaS market (drivers, restraints, opportunities, and challenges).

The increasing number of connected devices, proliferation of smartphones, rising BYOD trends, increase in the adoption of cloud services by Small and Medium Enterprises (SMEs), lower total cost of ownership, and increasing importance of face-to-face communication with employees and clients have contributed significantly to the rise of the Video as a Service market market.

The VaaS market is segmented by platform, service, organization size, deployment model, device, industry vertical, and region. The total market size has been arrived at by combining the market size of software and services. In the services segment, professional services is expected to grow at the highest CAGR during the forecast period; the demand for consulting services in the market is driven by the growing need of organizations to comply with the different labor laws and regulations across the globe.

VaaS has been implemented by major industry verticals, such as BFSI, healthcare, energy and utilities, manufacturing, telecommunication and IT, Education, media and entertainment, government and defense, and others for different business needs. BFSI holds the largest share of the Video as a Service market in 2016. The growth is fueled by the growing need of people to simplify their workload and their increasing dependence on client engagement and collaboration. Energy and utilities is expected to grow at the highest CAGR during the forecast period due to the increasing need to improve quality and real-time monitoring of the assets.

Companies Mentioned:

• AVI-SPL, Inc.
• Adobe Systems
• Applied Global Technologies, LLC
• Avaya, Inc.
• Bluejeans Network
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd
• Interoute Communication Limited
• Polycom, Inc.
• Vidyo

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Video as a Service Market: Industry Trends

7 Video as a Service Market: Analysis, By Platform

8 Video as a Service Market: Analysis, By Service

9 Video as a Service Market Analysis, By Device

10 Video as a Service Market Analysis, By Organization Size

11 Video as a Service Market Analysis, By Deployment Model

12 Video as a Service Market Analysis, By Industry Vertical

13 Geographic Analysis

14 Competitive Landscape

15 Company Profiles

16 Appendix

For more information visit http://www.researchandmarkets.com/research/g6lwbt/videoasaservice

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SOURCE Research and Markets