A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management marketwill continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific.

For instance, about a year ago, Panopto partnered with Ramp to provide businesses and universities an optimized mode of streaming video to large and geographically distributed audiences.

Based on component type, the global enterprise video content management market currently gains maximum demand for software platform, a segment that generated a revenue of US$5,811.3 mn alone in 2017, which was nearly 72% of the overall demand. This particular segment is expected to sustain its strong demand until 2022 too, when it is estimated to be worth US$9,286.6 mn, serving 69.8% of the demand as opposed to other segment of support services.

Geographically, the TMR report rates North America as most lucrative region. The North America enterprise video content management market is projected to be worth US$4,293.6 mn by 2022, expanding at a CAGR of 9.6% during the forecast period of 2017 to 2022.

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On the basis of component type, the global enterprise video content management market has been segmented into software platform and support service. The former is currently most profitable, offering a revenue of US$5,811.3 mn in 2017, which reflected 72% of the overall demand for enterprise video content management.

Going forward, the software platform segment is estimated to be worth US$9,286.6 mn by 2022 and account for 69.8% of the total demand. The demand for this particular segment is expanding at a CAGR of 9.8% during the forecast period of 2017 to 2022, and its absolute growth is large than any other segment.