My company has been using Vimeo for perhaps a decade. Over that time, our usage has grown sustainably. The cost of the bandwidth for Vimeo is really steep, and we ended up on an enterprise account – which means you then have someone to negotiate the price of your data with. It’s really time-consuming and completely unnecessary. There is much better and cheaper solution in Bunny Videos which is enterprise CDN. https://bunny.net/stream/
It’s faster, cheaper and super easy to use.