TECH SUPPLIER Nov 2019 - Market Forecast - Doc # EUR145661619
European Enterprise Video Communications Forecast, 2019-2023
This IDC Market Forecast assesses the European enterprise video communications market for 2018-2023 and provides insight into the underlying forces impacting this market in the forecast period.
"IDC expects the enterprise video communications market in Europe to sustain healthy growth throughout the forecast period, growing at a 7% CAGR to reach $3.3 billion in 2023," said Melissa Fremeijer, senior research analyst, IDC European Infrastructure and Communications. "As barriers to adoption have diminished and the business case for video becomes clearer, video is no longer a nice-to-have application but a mainstream form of collaboration that is increasingly entrenched in enterprise business processes and applications. Cloud-enabled videoconferencing and the rising popularity of enterprise video platforms for the delivery and management of streaming and on-demand video content are expected to remain contributors to growth."
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