Video as a Service Market Size Worth $6.2 Billion By 2026 – Report by MarketsandMarkets™
June 19, 2023 ⚊ 1 Min read ⚊ Views 62 ⚊ NEWS
According to a new market research report “Video as a Service Market by Application (Corporate Communication, Training and Development, and Marketing and Client Engagement), Cloud Deployment Mode, Vertical (Healthcare and Life Sciences and BFSI), and Region ─ Global forecast to 2026”, published by MarketsandMarkets™, the global VaaS Market size to grow from USD 3.8 billion in 2020 to USD 6.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. The rapid growth of the VaaS Market can be attributed to the growing demand for work-from-home and online classes due to the COVID-19 pandemic. Moreover, increasing number of companies investing more on adoption of cloud platforms is further driving the growth of the VaaS Market.
