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Broadband

Pexip aims to lead video infrastructure, critical meetings and video enablement, sees submarkets worth USD 5 bln in 2024

Thursday 9 December 2021 | 12:19 CET | News
Norwegian video-conferencing service provider Pexip Holding declared at its capital markets day that it is targeting leadership in three areas of the market, namely video infrastructure, critical video meetings, and video enablement. These sectors are expected to be worth USD 5 billion in 2024, it said. The three areas already account for more than 85 percent of ARR, which Pexip puts at over USD 100 million in 2021.

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Categories: Fixed
Companies: Pexip
Countries: World
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