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Video Managed Services Market to grow by USD 3.95 billion; Driven by the need to focus on core competencies and improve efficiency -- Technavio
[October 17, 2022]

Video Managed Services Market to grow by USD 3.95 billion; Driven by the need to focus on core competencies and improve efficiency -- Technavio


NEW YORK, Oct. 17, 2022 /PRNewswire/ -- The "Video Managed Services Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the video managed services market between 2021 and 2026 is USD 3.95 billion. However, the growth momentum in the market is expected to decelerate at a CAGR of 23.36% during the forecast period. The report provides a detailed analysis of the factors impacting the market growth, the latest trends, major revenue-generating segments, product launches, and more. Understand the scope of our full report on the global video managed services market. Download Sample PDF Report Now

Key Market Dynamics:
  • Market Driver
  • Market Challenges

The need to focus on core competencies and improve efficiency is driving the growth of the market. Many enterprises are outsourcing some of their IT-related requirements such as application and infrastructure management from managed service providers. This is helping them achieve their mission and vision by putting their employee skills and resources into their core business. It also helps improve their operational efficiency, as firms do not need to invest in resources or be concerned about managing limited available resources. Video managed service providers offer services that are available worldwide. Companies can avail of these services, as globalization allows businesses to access services from anywhere. Also, companies prefer to outsource their IT services because managed service providers are equipped with innovative technology and domain expertise. All these factors are expected to drive the market during the forecast period.

However, system integration and interoperability issues will challenge market growth. Technical glitches that occur during video conferencing can incur a substantial loss to the organization and reduce operational efficiency. These issues arise mostly when organizations update their IT systems or merge their IT infrastructure with acquired companies. Integration of multiple IT systems on traditional IT infrastructure can create many cross-platform system integration issues. Thus, it is imperative for vendors to seamlessly integrate multiple IT systems in organizations with the help of an IT team equipped with the technical expertise to manage IT infrastructure. This is expected to reduce the growth potential in the market.

Learn about additional key drivers, trends, and challenges available with Technavio. Request Sample Report Now

The video managed services market report is segmented by end-user (enterprises and government) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 

Enterprises are the prime end-users of video managed services. The segment is anticipated to dominate the market over the forecast period. Enterprises require video managed services to maintain the large deployment of video conferencing systems and audio-visual meeting rooms. Some businesses confront significant technical challenges, such as a lack of standardization and consistency in their meeting rooms, resulting in inconsistent user experiences. These factors are driving the demand for video managed services in the segment.

View Our Sample Report for highlights of the contribution of all the segments and regional opportunities in the market.

Key Vendors in the Video Managed Services Market:
  • Adtech Systems LLC
  • Applied Global Technologies
  • AT and T Inc.
  • AVI SPL LLC
  • BT Group Plc
  • Cameo Global Inc.
  • Cinos Ltd.
  • Cisco Systems Inc.
  • Gurusons Communications Pvt. Ltd.
  • ideyaLabs
  • Internet MegaMeeting LLC
  • Macro Technologies
  • Nippon Telegraph and Telephone Corp.
  • Plantronics Inc.
  • Premiere Global Services Inc.
  • Radio Technical Services Ltd.
  • Sota Solutions Ltd.
  • TELUS Corp.
  • Vega Technology Ltd.
  • ZTE Corp.
Related Reports:




Video Managed Services Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 23.36%

Market growth 2022-2026

USD 3.95 billion

Market structure

Fragmented

YoY growth (%)

32.92

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 34%

Key consumer countries

US, Canada, China, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adtech Systems LLC, Applied Global Technologies, AT and T Inc., AVI SPL LLC, BT Group Plc, Cameo Global Inc., Cinos Ltd., Cisco Systems Inc., Gurusons Communications Pvt. Ltd., ideyaLabs, Internet MegaMeeting LLC, Macro Technologies, Nippon Telegraph and Telephone Corp., Plantronics Inc., Premiere Global Services Inc., Radio Technical Services Ltd., Sota Solutions Ltd., TELUS Corp., Vega Technology Ltd., and ZTE Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments 
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Enterprises - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Enterprises - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Enterprises - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Enterprises - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Enterprises - Year-over-year growth 2021-2026 (%)
  • 5.4 Government - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Government - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Government - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Government - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Government - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by End-user 
    • Exhibit 36: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 India - Market size and forecast 2021-2026
    • Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.11 Canada - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Applied Global Technologies 
    • Exhibit 89: Applied Global Technologies - Overview
    • Exhibit 90: Applied Global Technologies - Product / Service
    • Exhibit 91: Applied Global Technologies - Key offerings
  • 10.4 AT and T Inc. 
    • Exhibit 92: AT and T Inc. - Overview
    • Exhibit 93: AT and T Inc. - Business segments
    • Exhibit 94: AT and T Inc. - Key offerings
    • Exhibit 95: AT and T Inc. - Segment focus
  • 10.5 AVI SPL LLC 
    • Exhibit 96: AVI SPL LLC - Overview
    • Exhibit 97: AVI SPL LLC - Product / Service
    • Exhibit 98: AVI SPL LLC - Key offerings
  • 10.6 BT Group Plc 
    • Exhibit 99: BT Group Plc - Overview
    • Exhibit 100: BT Group Plc - Business segments
    • Exhibit 101: BT Group Plc - Key offerings
    • Exhibit 102: BT Group Plc - Segment focus
  • 10.7 Cisco Systems Inc. 
    • Exhibit 103: Cisco Systems Inc. - Overview
    • Exhibit 104: Cisco Systems Inc. - Business segments
    • Exhibit 105: Cisco Systems Inc. - Key news
    • Exhibit 106: Cisco Systems Inc. - Key offerings
    • Exhibit 107: Cisco Systems Inc. - Segment focus
  • 10.8 Nippon Telegraph and Telephone Corp. 
    • Exhibit 108: Nippon Telegraph and Telephone Corp. - Overview
    • Exhibit 109: Nippon Telegraph and Telephone Corp. - Business segments
    • Exhibit 110: Nippon Telegraph and Telephone Corp. - Key offerings
    • Exhibit 111: Nippon Telegraph and Telephone Corp. - Segment focus
  • 10.9 Plantronics Inc. 
    • Exhibit 112: Plantronics Inc. - Overview
    • Exhibit 113: Plantronics Inc. - Business segments
    • Exhibit 114: Plantronics Inc. - Key offerings
    • Exhibit 115: Plantronics Inc. - Segment focus
  • 10.10 Premiere Global Services Inc. 
    • Exhibit 116: Premiere Global Services Inc. - Overview
    • Exhibit 117: Premiere Global Services Inc. - Product / Service
    • Exhibit 118: Premiere Global Services Inc. - Key offerings
  • 10.11 TELUS Corp. 
    • Exhibit 119: TELUS Corp. - Overview
    • Exhibit 120: TELUS Corp. - Business segments
    • Exhibit 121: TELUS Corp. - Key offerings
    • Exhibit 122: TELUS Corp. - Segment focus
  • 10.12 ZTE Corp. 
    • Exhibit 123: ZTE Corp. - Overview
    • Exhibit 124: ZTE Corp. - Business segments
    • Exhibit 125: ZTE Corp. - Key news
    • Exhibit 126: ZTE Corp. - Key offerings
    • Exhibit 127: ZTE Corp. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 134: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/

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