Global Market Study on Video Communication Platform as a Service (PaaS): Private Cloud to Account for Over 50% Market Share

Report Highlights

Video Communication Platform as a Service (PaaS) Market: Report Scope

A new report published by Persistence Market Research on the global video communication platform as a service (PaaS) market analyzes opportunities in the market and presents updates and insights pertaining to various segments of the market over a ten-year forecast period 2021–2031.

Video communication platform as a service (video PaaS) is a cloud-based platform that enables developers to add real-time video communication features in their applications without any requirement to build backend infrastructure and interfaces.

PaaS offers all kinds of services and tools needed to embed real-time communication capabilities into web-based applications or to develop real-time communication applications, business processes, or mobile apps.

To understand consumption patterns and assess opportunities in the global video communication platform as a service market, the report is divided into four segments, namely, deployment, application, end use, and region. The report analyzes the global video communication PaaS market performance in terms of market value across the different segments and regions.

The report also includes an in-depth analysis of key drivers, restraints, trends, and opportunities witnessed in the market. The subsequent sections analyze the global market on the basis of deployment type, application, end use, and region; and present a comprehensive forecast for the period 2021–2031.

The report covers an in-depth analysis of all components of the global video communication platform as a service market value chain. The final section of the report includes a competitive landscape to provide a dashboard view of video communication PaaS manufacturers, retailers, and distributors.

Some of the market players featured in the report are GENBAND, Vidyo Inc., SightCall, Twilio, Inc., TokBox, Xura, Sinch, and Agora.io.

Research Methodology

To deduce the market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by deployment, application, and end use, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates.

The forecast presented in the report assesses total revenue generated and expected revenue contribution from video communication PaaS.

The report begins with sizing the market in terms of value and volume. This forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, gathered data is triangulated through different analysis based on supply side and demand side drivers and other dynamics of the global video communication Platform as a Service (PaaS) market.

To develop the market forecast, Persistence Market Research has also included a comprehensive factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand predictability of the market and to identify the right opportunities.