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Enterprise Collaboration Market by Component, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2023

Enterprise Collaboration Market by Component, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2023

  • May 2018
  • 162 pages
  • ID: 4604341
  • Format: PDF
  • By MarketsandMarkets

Summary

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Widespread usage of social networking websites and increasing usage of mobile devices for collaboration are factors that are expected to drive the global enterprise collaboration market.
The enterprise collaboration market is projected to grow from USD 34.57 billion in 2018 to USD 59.86 billion by 2023, at a CAGR of 11.6% from 2018 to 2023. Factors such as widespread use of social networking websites and increasing usage of mobile devices for collaboration are expected to fuel the growth of the enterprise collaboration market across the globe. However, the high cost of implementation, difficulty in countering e-Discovery, and legal risks are key factors restraining the growth of the market.

Based on component, the solutions segment is expected to lead the enterprise collaboration market in 2018.
Based on component, the solutions segment is expected to lead the enterprise collaboration market in 2018. Effective usage of enterprise collaboration solutions can result in increased knowledge sharing among employees, as well as, enhanced productivity in organizations.

Among verticals, the IT & telecommunication segment is expected to lead the enterprise collaboration market in 2018.
The IT & telecommunication vertical segment is expected to lead the enterprise collaboration market in 2018. Significant adoption of video conferencing by end-customers of IT & telecommunication companies is expected to fuel the adoption of collaboration solutions in the coming years.

The Asia Pacific enterprise collaboration market is projected to grow at the highest CAGR during the forecast period.
The enterprise collaboration market has been studied for North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.Enterprise collaboration solutions are being adopted in the Asia Pacific region at a significant rate.

The growth of the Asia Pacific enterprise collaboration market is primarily driven by the growing need for robust collaboration and enhanced decision-making in organizations.Moreover, small & medium enterprises across various countries such as Australia, Malaysia, Japan, and Singapore are investing in information technology to compete, secure, and capture digital opportunities from the market.

These countries are focusing on using enterprise collaboration solutions to cater to various industries such as e-commerce in the region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the enterprise collaboration market.
• By Company Type: Tier 1: 43%, Tier 2: 14%, and Tier 3: 43%
• By Designation: C-level: 14%, D-level: 29%, and Others: 57%
• By Region: North America: 22%, Europe: 11%, Asia Pacific: 56%, and Rest of the World: 11%

Key vendors profiled in this report on the enterprise collaboration market are:
1. Adobe Systems (US)
2. Atlassian (Australia)
3. Cisco Systems (US)
4. Facebook (US)
5. Google (US)
6. IBM (US)
7. Igloo Software (Canada)
8. Jive Software (US)
9. Microsoft (US)
10. Mitel Networks (Canada)
11. Salesforce.com (US)
12. SAP (Germany)
13. Slack Technologies (US)
14. TIBCO Software (US)
15. VMware (US)

Research Coverage
The enterprise collaboration market has been segmented based on component, deployment type, organization size, vertical, and region.Based on component, the enterprise collaboration market has been segmented into solutions and services.

The solutions component segment of the enterprise collaboration market has been further classified into enterprise video, enterprise social network, portals & intranet platform, unified messaging, file sharing & synchronization, and project management & analytics.Based on deployment type, the enterprise collaboration market has been segmented into on-premises and cloud.

Based on organization size, the enterprise collaboration market has been segmented into large enterprises and small & medium enterprises.Based on vertical, the market has been segmented into IT & telecommunication, BFSI, public sector, power & utilities, education, healthcare, retail & consumer goods, travel & hospitality, transportation & logistics, and others (manufacturing, media & entertainment, mining, and oil & gas).

The enterprise collaboration market has been studied for North America (the US and Canada), Europe (the UK, Germany, and Rest of Europe), Asia Pacific (Australia & New Zealand, Singapore, and Rest of Asia Pacific), the Middle East & Africa (Middle East, and Africa), and Latin America (Mexico, Brazil, and Rest of Latin America).

Key Benefits of Buying the Report:
The report is expected to help market leaders and new entrants in the enterprise collaboration market in the following ways:
The report is expected to help market leaders/new entrants in this market by providing them the closest approximations of sizes of the enterprise collaboration market and its subsegments.This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market by offering them insights to improve the position of their businesses and implement suitable go-to-market strategies.

This report also aims to enable stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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