Europe Enterprise Video Market Size & Outlook, 2023-2030
Europe enterprise video market, 2018-2030 (US$M)
Related Markets
Europe enterprise video market highlights
- The Europe enterprise video market generated a revenue of USD 5,408.5 million in 2023.
- The market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,408.5 million |
| Market revenue in 2030 | USD 14,460.8 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Adobe Inc, Avaya, Brightcove Inc, Cisco Systems Inc, International Business Machines Corp, Kaltura Inc, Microsoft Corp, Vidyo, VBrick, Poly |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.1% of the global enterprise video market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,161.7 million by 2030.
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Enterprise Video Market Scope
Enterprise Video Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe enterprise video market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enterprise video market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 56.99% in 2023. Horizon Databook has segmented the Europe enterprise video market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Enterprise Communications Survey (ECS), 2016, revealed that organizations in Europe are prioritizing enterprise communications services, including network services, telecommunications services, cloud services, and video collaboration services, while making investments.
It also showed that businesses of all sizes are investing in enterprise video solutions. Around 51% of the businesses are already using enterprise video solutions and services, while 36% are planning to deploy these solutions within the next three years.
The increasing digital video viewer penetration in Germany is expected to open growth opportunities for the German enterprise video market. Several organizations in Germany are emphasizing the adoption of enterprise video platforms for outbound activities, such as broadcasting public events, marketing, sales, and training of customers and partners.
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Target buyers of Europe enterprise video market databook
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Our clientele includes a mix of enterprise video market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe enterprise video market , including forecasts for subscribers. This continent databook contains high-level insights into Europe enterprise video market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe enterprise video market size, by country, 2018-2030 (US$M)
Europe Enterprise Video Market Outlook Share, 2023 & 2030 (US$M)
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