Oct 2018 - Market Forecast - Doc # EMEA44402818
EMEA Video Communications Platform-as-a-Service Forecast, 2018-2022
This IDC study provides a forecast for the EMEA video communications PaaS market for 2017-2022 and provides insight into the dynamics impacting this market in the forecast period.
"The video communications platform-as-a-services market in EMEA is expected to lift off during the forecast period, growing with a CAGR of 59.7% to reach $2.3 billion in 2022," said Melissa Fremeijer, senior research analyst, IDC EMEA Telecommunications and Networking. It is still a relatively small market today, but growth is expected to be rapid, driven by powerful and compelling applications for virtual face-to-face meetings and the ease/cost efficiency of cloud APIs.