It seemed like industry reports covering the Enterprise Video marketplace were everywhere last
year – with MediaPlatform consistently listed among the industry’s top vendors.
This heightened interest in our space validates what we’ve seen over the last year at
MediaPlatform: that enterprise video is experiencing a significant growth spurt. Here are just a
few reports that we ran across in Q4:
- Research Cosmos, in its Global Enterprise Video Market Analysis and Forecast to 2022,
projects that the global enterprise video market will grow from an estimated USD 16.34
Billion in 2017 to USD 40.84 Billion by 2022, at a Compound Annual Growth Rate
(CAGR) of 20.1% from 2017 to 2022. According to the report, major market drivers for
the upsurge in demand include the growing interest in video streaming, increasing
internet penetration and exponentially increasing adoption of cloud technology across
- In its Enterprise Video Market by Component, Solutions, Application, Vertical and
Region – Global Forecast to 2023, MarketsandMarkets includes MediaPlatform among
the major vendors in the more targeted market of enterprise video platforms that is
expected to grow from US$ 13.5 Billion in 2018 to US$ 19.8 Billion by 2023, at a CAGR
of 7.9%. Markets andMarkets also cites growing interest in video and increased need for
organizations to reduce operational expenses as key growth drivers;
- Research publisher Garner Insights in their Global Enterprise Video Platforms Market
2018 By Manufacturers, Countries, Type and Application, Forecast project significant
growth in the market that spans Online Video Platforms and Enterprise Video Platforms
– including MediaPlatform’s EVP.
These reports accelerate the momentum set by Gartner Research in November, with the
publication of its highly anticipated 2018 Magic Quadrant for Enterprise Video Content
Management. MediaPlatform was named a Leader in the Gartner MQ for enterprise video for
the second consecutive time.
We look forward to more research and press as Enterprise Video adoption continues to
accelerate in 2019!