According to TechSci Research, Saudi Arabia video as a service market is expected to grow steadily during the forecast period. The rise in the demand for real-time and remote access video services and the growing digitization across Saudi Arabia is expected to fuel the video as a service market growth. Adopting the video as a service in the organization brings down the additional associated costs like the installation of business cloud platforms is a complicated process and requires the high cost of ownership.
The managed service providers provide video as a service, which lets the organizations get the data on their platform and pay only for the resources used for the video conferencing services. By using the shared video as a service, the organizations can save money to buy the required infrastructure, licensing, and support costs. Market players are providing customized infrastructure according to the clients’ requirements.
The increase in the collaboration between the technology and service providers is expected to create lucrative opportunities for the video as a service market growth. The growing remotely working employees and the emergence of the trend “bring your device in the organization” are expected to facilitate the adoption of video as a service in the organizations, which is expected to fuel the market growth in the next five years.
The Saudi Arabia Video as a Service market is segmented into application, cloud deployment model, organizational size, end-user industry, regional distribution, and company. Based on the application, the market can be divided into corporate communication, training and development, and marketing and client engagement. The marketing and client engagement segment is expected to account for a significant market share in the forecast period, 2023-2027. With the help of video conferencing, organizations can establish better communication and engagement with the clients in an improved way.
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The major players operating in the video as a service market are Adobe Inc., Cisco Saudi Arabia Limited, Apple Inc., NTT DATA Saudi Arabia, Microsoft Gulf FZ LLC, Huawei Tech. Investment Saudi Arabia Co. Ltd., Zoom Video Communications, Inc., Google, Inc., Amazon Web Services, LogMeIn, Inc., RingCentral, Inc., Vidyo Inc., Avaya Inc., AVI-SPL, Blue Jeans Network, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of Saudi Arabia Video as a Service market from 2017 to 2020.
- To estimate and forecast the market size of Saudi Arabia Video as a Service market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia Video as a Service market based on application, cloud deployment mode, organizational size, end-user industry, regional distribution, and company.
- To identify dominant region or segment in the Saudi Arabia Video as a Service market.
- To identify drivers and challenges for Saudi Arabia Video as a Service market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Video as a Service market.
- To identify and analyze the profile of leading players operating in Saudi Arabia Video as a Service market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia Video as a Service market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of Saudi Arabia Video as a Service market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
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Key Target Audience:
- Video as a Service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to Video as a Service market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Application
· Cloud Deployment Mode · Organizational Size · End User Industry |
| Regional scope | Western Region, Northern and Central Region, Eastern Region, Southern Region |
| Key companies profiled | Adobe Inc., Cisco Saudi Arabia Limited, Apple Inc., NTT DATA Saudi Arabia, Microsoft Gulf FZ LLC, Huawei Tech. Investment Saudi Arabia Co. Ltd., Zoom Video Communications, Inc., Google, Inc., Amazon Web Services, LogMeIn, Inc., RingCentral, Inc., Vidyo Inc., Avaya Inc., AVI-SPL, Blue Jeans Network. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Saudi Arabia Video as a Service market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Video as a Service Market, By Application:
- Corporate Communication
- Training and Development
- Marketing and Client Engagement
- Saudi Arabia Video as a Service Market, By Cloud Deployment Mode:
- Public
- Private
- Hybrid
- Saudi Arabia Video as a Service Market, By Organizational Size:
- Small & Medium-Sized Enterprises (SMEs)
- Large Enterprises
- Saudi Arabia Video as a Service Market, By End-user Industry:
- BFSI
- IT & Telecom
- Healthcare
- Education
- Media and Entertainment
- Government
- Consumer Retail
- Others
- Saudi Arabia Video as a Service Market, By Region:
- Western Region
- Northern & Central Region
- Eastern Region
- Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Video as a Service market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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