As per the estimations of the TMR report, the demand for enterprise video content management, across the globe, will increment at an impressive CAGR of 10.5% during the forecast period of 2017 to 2022. By the end of the forecast period, 2022, the revenue in this market is projected to be worth US$13,309.0 mn, which is substantially up from its evaluated valuation of merely US$8,070.4 mn in 2017.

In the near future, most of prominent companies are expected to adopt the latest technology pertaining to communication and lure newer customers. The report has also noted that security of confidential information is turning into a glaring issue and several market players will aim to fix this in order to consolidate their positions, primarily by focusing on hybrid and on-premises architectures to secure video data on-premises.

The future of the enterprise video content management market is prosperous, with the demand projected to increment at a CAGR of 10.5% during the forecast period of 2017 to 2022. Some of the key factors favoring the enterprise video content management market are: growing adoption of cloud-based content management across industries of various verticals, ubiquity of smart devices, and rising demand from the healthcare sector, wherein these tools can help in reducing the cost of care as well as can do it in real-time, which is often of great essence.

On the other hand, information security continues to be the most glaring challenge for the vendors operating in the global enterprise video content management market, although SaaS and hybrid solutions are trying their best to overcome this restraint. Taking all dynamics into consideration, the global enterprise video content management market is estimated to be worth US$13,309.0 mn by the end of the forecast period, 2022, which is significantly more than its evaluated valuation of US$8,070.0 mn in 2017.

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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.