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Video As A Service Market size is set to grow by USD 5.33 billion from 2024-2028, Increased adoption of VaaS in virtual education boost the market, Technavio

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NEW YORK, July 19, 2024 /PRNewswire/ — The global video as a service market size is estimated to grow by USD 5.33 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.34% during the forecast period. Increased adoption of VaaS in virtual education is driving market growth, with a trend towards emergence of immersive technologies in VaaS. However, concerns associated with security and privacy of vaas platforms  poses a challenge. Key market players include Acronis International GmbH, Advanced Control Corp., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Cloudastructure Inc., Commvault Systems Inc., Dell Technologies Inc., Honeywell International Inc., Insight Enterprises Inc., International Business Machines Corp., Microsoft Corp., NetApp Inc., Quantum Corp., RiversideFM Inc., Robert Bosch GmbH, Signature Video Group, Thinkmojo, Vidico, and YUM YUM DIGITAL.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Video As A Service Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 16.34%

Market growth 2024-2028

USD 5.33 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.94

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, China, Japan, UK, and Germany

Key companies profiled

Acronis International GmbH, Advanced Control Corp., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Cloudastructure Inc., Commvault Systems Inc., Dell Technologies Inc., Honeywell International Inc., Insight Enterprises Inc., International Business Machines Corp., Microsoft Corp., NetApp Inc., Quantum Corp., RiversideFM Inc., Robert Bosch GmbH, Signature Video Group, Thinkmojo, Vidico, and YUM YUM DIGITAL

Market Driver

Immersive technologies, including AR and VR, are revolutionizing the Video as a Service (VaaS) market by enhancing collaboration and communication experiences. VR-based VaaS solutions enable participants to conduct meetings and collaborations in virtual spaces, where they can create avatars, navigate virtual environments, and interact with content in a more dynamic way than traditional video conferencing. Spatial audio and AR overlays further enrich these experiences, creating a more natural and realistic communication environment. VR is particularly valuable in industries requiring hands-on training and simulations, such as healthcare, manufacturing, and education. Immersive VaaS platforms also support virtual conferences and events, allowing users to network and engage in interactive activities. VR-based training sessions and simulations offer a more immersive learning experience. Cross-platform immersion is another key advantage, as users can access AR and VR interactions across various devices, including smartphones, tablets, VR headsets, and AR glasses. The integration of immersive technologies into VaaS is expected to significantly contribute to the growth of the global Video as a Service market. 

Video-as-a-Service (VaaS) is a trending business solution that delivers on-demand videos and real-time video services. Executive messaging, video conferencing, and streaming & management are key components. Cloud deployment options include public, private, and hybrid models. AI and machine learning technologies enhance VaaS, providing features like facial recognition, live transcripts, and noise reduction. Security is crucial, with AI monitoring for false alarms from incidents like fire, accidents, or thefts. Cloud vendors offer high-quality live and on-demand video content. 5G technology and mobile broadband improve access. AI-based VaaS also includes deep learning for better video analysis. ML helps improve video quality and reduce false alarms. Cloud computing and recording with storage complete the package. 

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Market Challenges

Video as a Service (VaaS) platforms have gained significant popularity in today’s digital world, enabling organizations and individuals to conduct virtual meetings and collaborate remotely. However, concerns regarding security and privacy are critical in the adoption and growth of the VaaS market. Unauthorized access to video meetings can lead to the exposure of sensitive information, making end-to-end encryption and secure transmission of video data essential. VaaS platforms handle personal and organizational data, leading to concerns about data collection, storage, and processing. Clear and transparent data retention policies are crucial to prevent unauthorized data retention. Robust user authentication mechanisms and access controls are vital to prevent unauthorized individuals from gaining access to video meetings. VaaS platforms offer the capability to record meetings for future reference, requiring secure access controls and encryption to prevent unauthorized disclosure of recorded content. Default settings and configurations should be secure to prevent unnecessary risks. Users play a crucial role in maintaining the security and privacy of VaaS platforms. Lack of user awareness and training can lead to security lapses. Screen-sharing features, while valuable for collaboration, can pose risks if not properly controlled, leading to unintentional sharing of sensitive information or unauthorized screen access. These concerns may impede the growth of the global VaaS market during the forecast period.Video-as-a-Service (VaaS) is a growing market that offers businesses on-demand videos and executive messaging through public, private, or hybrid cloud solutions. Challenges include ensuring high-quality video service, especially for real-time video conferencing, and managing video streaming and storage. AI and machine learning technologies, including deep learning and facial recognition, enhance security by monitoring for incidents like fire, road accidents, thefts, and security breaches. However, false alarms can be a concern. Cloud vendors provide video conferencing services, and 5G technology and mobile broadband improve access. AI-based VaaS can transcribe live videos into text for easy access. Noise and low-quality videos are common issues to address.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This video as a service market report extensively covers market segmentation by  

Deployment 1.1 Public cloud1.2 Private cloud1.3 Hybrid cloudEnd-user 2.1 Large enterprises2.2 SMEsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Public cloud-  Public cloud Video as a Service (VaaS) eliminates the need for organizations to invest heavily in on-premises infrastructure, hardware, and maintenance. This subscription-based model allows businesses to pay for the services they use, resulting in potential cost savings compared to traditional video conferencing solutions. Cloud-based video services offer scalability, enabling businesses to easily scale up or down based on the number of users and level of usage. This flexibility is particularly beneficial for organizations with distributed teams, remote workers, or international offices, fostering collaboration regardless of location. Cloud service providers handle infrastructure maintenance, updates, and upgrades, freeing up IT teams to focus on strategic initiatives. Implementation is faster than on-premises solutions, enabling rapid rollout of video collaboration tools. Integration with other cloud-based services and applications streamlines workflows. Regular updates from cloud service providers ensure access to the latest capabilities without manual intervention. Public cloud VaaS operates on a pay-as-you-go or subscription model, aligning expenses with actual usage and making it a cost-effective solution for businesses of all sizes. The benefits of cost efficiency, scalability, faster deployment, and feature enhancements will fuel the growth of public cloud VaaS and the global video as a service market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global OTT market continues to surge with increasing demand for streaming services, driven by widespread internet access and mobile adoption. OTT platforms offer diverse content choices, from movies to live sports, revolutionizing entertainment consumption worldwide. Video-as-a-Service (VaaS) is transforming communication and collaboration across industries. Offering scalable video solutions, VaaS enhances remote work capabilities and customer engagement, fostering seamless interaction and operational efficiency. The global post-production market is evolving with advancements in digital editing technologies. From films to commercials, post-production services play a crucial role in enhancing visual appeal and storytelling, meeting the demands of diverse media landscapes.

Research Analysis

Video as a Service (VaaS) is a cloud-based solution that delivers high-quality, real-time video services to businesses and individuals. VaaS utilizes cloud computing, video conferencing, and mobile broadband to enable remote access to video content. The integration of 5G technology and AI/ML enhances the user experience by providing faster transmission speeds and advanced features like facial recognition and object detection. VaaS offers video streaming & management solutions for various industries, including emergency services, transportation, and security. AI and deep learning algorithms analyze video feeds in real-time to detect anomalies, such as fire incidents or road accidents, ensuring prompt response and mitigating potential risks. VaaS is revolutionizing the way we consume and manage video content, offering flexible, scalable, and cost-effective solutions for businesses and individuals alike.

Market Research Overview

Video as a Service (VaaS) is a cloud-based solution that enables businesses and individuals to access, manage, and deliver high-quality video content in real-time or on-demand. Powered by cloud computing, 5G technology, and mobile broadband, VaaS offers various features such as conferencing, recording, storage, facial recognition, live transcripts, and ML (Machine Learning) for improved video quality. VaaS caters to various industries, including executive messaging, public, private, and hybrid cloud solutions. It provides real-time video services for monitoring critical incidents like fire, accidents, and thefts, while also offering AI and deep learning-based services to minimize false alarms. VaaS is revolutionizing the way we communicate, collaborate, and consume video content.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentPublic CloudPrivate CloudHybrid CloudEnd-userLarge EnterprisesSMEsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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