Video Managed Services Market 2024-2028: Size and System integration and interoperability issues; growth driven by the End-user, Some of key Companies Positioned Strategically

The video managed services market size by End-user (Enterprises and Government) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 19212.6 million. The market is expected to grow at a CAGR of   55.91% between 2024 and 2028.

• In today's business landscape, the increasing adoption of advanced technology, particularly in sectors such as BFSI, telecom, and public, necessitates the need for unified IT solutions that can seamlessly integrate with existing organizational IT infrastructure. The integration of multiple IT systems, often due to system updates or mergers, can result in interoperability issues and technical glitches during video conferencing. These problems can incur significant costs and reduce operational efficiencies. To mitigate these challenges, vendors must provide IT solutions that can be easily integrated with existing systems, ensuring a smooth transition and minimal disruption to business operations. A competent IT team, equipped with the necessary technical expertise, is essential to manage the complexities of system integration and ensure optimal performance of the unified IT solution.
• The North American market for video managed services holds significant potential due to the region's advanced economy and high adoption rate of sophisticated technology in industries such as industrial, retail, and BFSI. With the increasing demand for managed services like data processing, outsourcing, internet services, and infrastructure, the market is witnessing growth. Furthermore, the emergence of new intelligent video managed services, including cloud-based solutions, automation, and AI integration, is driving demand. Additionally, regulatory compliance requirements in countries like Canada and the US due to rising cyberattacks on hosted servers further fuel market expansion.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• 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.

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Technavio Research
Jesse Maida
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Email: media@technavio.com
Website: www.technavio.com/