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

Enterprise Collaboration Market: Global Forecast until 2023

  • May 2018
  • 162 pages
  • ID: 4604341
In this report:
The retail & consumer goods segment of the enterprise collaboration market in North America is expected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2023, at a CAGR of ##.##% during the forecast period.
The solutions segment of the enterprise collaboration market for the retail & consumer goods vertical is expected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2023, at a CAGR of ##.##% during the forecast period.

Summary

Table of Contents

Search Inside

Widespread usage of social networking websites and growing usage of mobile devices for collaboration are factors that are forecast to steer the overall enterprise collaboration market.

The enterprise collaboration market is forecasted to grow from ~$34.6B in 2018 to ~$59.9B by 2023, at a compound annual growth rate (CAGR) of 11.60 percent from 2018 to 2023. Elements such as widespread use of social networking websites and rising usage of mobile devices for collaboration are anticipated to fuel the increase of the enterprise collaboration market across the world. Nevertheless, the high cost of implementation, difficulty in countering e-Discovery, and legal risks are main factors restraining the increase of the market.

Established on component, the solutions segment is anticipated to lead the enterprise collaboration market in 2018.

Established on component, the solutions segment is anticipated 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 institutions.

Among verticals, the IT & telecommunication segment is anticipated to lead the enterprise collaboration market in 2018.

The IT & telecommunication vertical segment is anticipated to lead the enterprise collaboration market in 2018. Significant adoption of video conferencing by end-customers of IT & telecommunication firms is anticipated to fuel the adoption of collaboration solutions in the next years.

The Asia Pacific enterprise collaboration market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The enterprise collaboration market has been studied for North America continent, EU, Asia-Pac (APAC), the Middle East area & African continent, and Latin America area.Enterprise collaboration solutions are being adopted in the Asia Pacific area at a significant rate.

The increase of the Asia Pacific enterprise collaboration market is primarily influenced by the increasing need for robust collaboration and enhanced decision-making in institutions.Furthermore, small & medium enterprises across different countries including Australia, Malaysia (MY), Japan (JP), and Singapore (SG) are investing in information technology to compete, secure, and capture digital opportunities from the sector.

These countries are focusing on using enterprise collaboration solutions to cater to several industries including e-commerce in the territory.

Comprehensive interviews were managed with Chief Executive Officers, marketing directors, innovative products and technology directors, and executives from numerous main institutions operating in the enterprise collaboration market.

• By Company category: Tier 1: 43.0 percent, Tier 2: 14.0 percent, and Tier 3: 43.0 percent

• By Description: C-suite: 14.0 percent, D-level: 29.0 percent, and Others: 57.0 percent

• By Area: North America (NA): 22.0 percent, Europe (EU): 11.0 percent, APAC: 56.0 percent, and Rest of the globe: 11.0 percent

Segment Research

The enterprise collaboration market has been divided on the basis of component, deployment type, organization size, vertical, and area.Established on component, the enterprise collaboration market has been broken down 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.Established on deployment type, the enterprise collaboration market has been split into on-premises and cloud.

Established on organization size, the enterprise collaboration market has been divided into big enterprises and small & medium enterprises.Based on vertical, the industry has been broken down into IT & telecommunication, Banking, Financial services and Insurance (BFSI), public market, 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 continent (the USA and Canada (CA)), EU (the UK, Germany (DE), and Rest of Europe (EU)), Asia-Pac (Australia (AU) & New Zealand (NZ), Singapore (SG), and Rest of Asia Pacific (APAC)), the Middle East (ME) & African continent (Middle East (ME), and African continent), and Latin America area (Mexico (MX), Brazil (BR), and Rest of Latin America area).

Main highlights

The analysis is expected to benefit industry key players and new industry entrants in the enterprise collaboration market in these ways:

The market research is expected to benefit industry top players/new sector entrants in this sector by providing them the closest approximations of sizes of the enterprise collaboration market and its sub-segments.This business report is also anticipated to help partners obtain an improved understanding of the competitive landscape of the sector by offering them insights to enhance the position of their businesses and implement suitable go-to-market approaches.

This industry report also aims to enable partners to comprehend the pulse of the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

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