Press release
Collaboration Software Market Growth By Key Players: Microsoft, Cisco System, Citrix, Oracle, IBM, Box incorporation, Google, Intralinks Holdings Incorporations and Survey Monkey, Slack, Dropbox and Box
Global Market Insights
According to Global Market Research Report, Collaboration Software Market will grow at 13% CAGR from 2016 to 2024 and exceed USD 8.5 billion by 2024. Connect unstructured and ad hoc collaboration with a structured content-centric business process and technological innovations will drive growth.
These provide a private online platform for individuals to engage in team activity or connect & collaborate with others in single shared and centralized environment. It helps individuals to contact co-workers in and outside business organization that includes business partners, workers, consultants, and customers. Public cloud will experience strong growth in the coming years. Need to exchange information inside and outside the organization in the context of a critical business process will contribute to collaboration software market size.
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Top Key Players: -
Key players accounting for collaboration software market share are Microsoft, Cisco System, Citrix, Oracle, IBM, Box incorporation, Google, Intralinks Holdings Incorporations and Survey Monkey. Slack, Dropbox and Box are a start-up that is adopting the concept with a whole new approach to share knowledge, team collaborations and information filtering through smart messaging.
Market share calculation in this report is not done based on companies covered in it. The calculation of Collaboration Software Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
U.S. collaboration software market size is expected to dominate revenue over forecast timeline due to the presence of a large number of vendors.
Latin America offers potential growth opportunities as there are technological innovation and organization are focusing on better customer experience to gain a competitive advantage.
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Analytics & business intelligence, human capital administration, content management, ecommerce, IT service management, customer relationship management, enterprise performance management represent key application areas. Other notable segments include ERP financial supervision, ERP services & operations management, PLM & engineering, project portfolio management, procurement, sales performance management, SCM and treasury & risk management.
Collaboration software market share by application also includes tools for web conferencing, social business platform, team collaborations, eSignature, event management online community sharing the resource. In addition, a conventional tool for email, group calendar & schedule and eased discussions.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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