Enterprise video market to reach $40.84 billion 

video to connect
The global enterprise video market is expected to grow from $16.34 billion in 2017 to $40.84 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 20.1 percent.

The growth in enterprise video industry is driven by a strong rising demand for video as a tool to improve communications and collaborations across businesses, according to a report published by Markets and Markets.

Moovly Media, Shutterfly, Alphabet, Adobe Systems and Cisco Systems are the technology companies in the enterprise video market.