Press release
Enterprise Collaboration Market at a Highest CAGR of 13.65% by Industry Trends and Forecast for the Upcoming Opportunities and Threats in the Next 8 Years
Global Enterprise Collaboration Market accounted for USD 25.95 billion in 2016 growing at a CAGR of 13.65% during the forecast period of 2017 to 2024.
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The enterprise collaboration is a system of communication among corporate employees that may encompass the use of a collaboration platform, enterprise social networking tools, a corporate intranet and the public internet. It also helps in facilitating efficient sharing of documents and knowledge between teams and individuals in an enterprise. The increasing usage of mobile devices for collaboration and growing need for improving enterprise efficiency is boosting the growth of this market where as high cost of implementation and legal risks are the restraining factors for the growth of this market.
Major Market Drivers & Restraints:
• Increasing Usage of Mobile Devices for Collaboration
• Growing Need for Improving Enterprise Efficiency
• High Cost of Implementation
• Legal Risks
Market Segmentation:
The global enterprise collaboration market is segmented on the basis of solutions into file sharing and synchronization, portals and intranet platform, unified messaging, enterprise video and enterprise social network.
On the basis of services, the global enterprise collaboration market is segmented into IT consulting, integration & implementation, training & development.
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On the basis of deployment mode, the global enterprise collaboration market is segmented into cloud and on-premises.
On the basis of organization size, the global enterprise collaboration market is segmented into small and medium enterprises (SMEs) and large enterprises.
On the basis of vertical, the global enterprise collaboration market is segmented into banking, financial services, and insurance (BFSI), public sector, healthcare, energy and utilities, retail, it and telecom, travel and hospitality, transportation and logistics, education and others.
On the basis of geography, global enterprise collaboration market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Company Share Analysis:
The report for enterprise collaboration market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Competitors:
• Facebook Inc.,
• Microsoft,
• IBM Corporation,
• Slack Technologies Inc.,
• Igloo Software,
• Ninian Solutions Limited,
• VMware Inc,
• salesforce.com, inc.,
• Atlassian,
• Jive Software,
• Sitrion,
• Mzinga,
• Citrix Systems Inc,
• CircleCI among others.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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