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GLOBAL CLOUD COLLABORATION MARKET TOP KEY PLAYERS ARE MICROSOFT CORPORATION, CISCO SYSTEM INC., IBM CORPORATION, GOOGLE INC., SALESFORCE.COM INC., CITRIX SYSTEMS INC., HIGHQ SOLUTIONS LIMITED, DELL, HEWLETT PACKARD, MINDTREE, ORANGE

01-30-2019 10:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

GLOBAL CLOUD COLLABORATION MARKET TOP KEY PLAYERS ARE MICROSOFT

Cloud computing is a rapidly growing solution for data storage and collaboration related issues. The Cloud itself is just a virtualization of resources such as servers or storage working in tandem to allow access to information on-demand. Cloud collaboration is not just the creation of a secure collaborative environment where colleagues can access, share, work on a single instance of a file but it provides accessible, affordable and configurable toolset for users to exchange, interact and cooperate and communicate across a full range of communication channels with a surety of an authorized and properly regulated system. The uncontrolled use of external storage is a major threat to an organization's security however; it cannot be eliminated owing to the benefits it offers. A cloud collaboration project begins when one user creates the file or document and then gives access to other individuals to view and edit it. Changes can be made run time that are immediately synced and saved to cloud.

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Market Dynamics
Global Cloud Collaboration Market is expected to grow to US$46.089 billion at a CAGR of 13.68% by 2021. One of the key trends is virtualization of workplace for market growth. Nowadays, employees need dynamic digital workspace with facilities for calling, messaging, video conferencing along with interactive systems and thus there is a need to replace the traditional desktop. One of the key drivers to increase the demand of cloud collaboration is increased internet penetration and speed. The effectiveness depends upon its cost control and compatibility with any web browser. Transformation in work culture allowing the use of BYOD (Bring your own device) is one of the key drivers for this market. The growth in this market is hindered by data security concerns, as the files are stored outside the company firewall, which is a serious threat to intellectual rights of an organization as well as its extreme dependence on internet services. The expansion of overseas projects is also among the factors driving the growth of this market.

Market Segmentation
Based on components, the cloud collaboration market is segmented into solutions and services. Based on Cloud Collaboration solutions the market is segmented into Enterprise social collaboration, Unified communication and Collaboration,Document Management System and Project and Team management. The services further include training, consulting & integration, and support & maintenance. Enterprise and Social collaboration is estimated to grow at the highest rate while Unified communication and collaboration is estimated to hold the majoritymarket share. By end user industry vertical the market is segmented into Media and Entertainment, Telecommunication and ITES, Retail and Consumer goods, Education Healthcare, Banking Financial systems & Insurance and Life Sciences and others. Banking, Financial Services and Insurance sector dominates the current market. Based on deployment model, it is classified into private, public and hybrid. Lastly on Industry size, it is divided into small, large and medium scale industries.

Geographic Analysis
The market is studied across four regions, which include North America, Europe, Asia-pacific, and LAMEA.Asia Pacific is expected to observe the highest growth of cloud collaboration market due to increasing number of smartphone users in emerging economies like China, India and South Korea.

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Key Players
Some of the key players in the Industry are Microsoft Corporation, Cisco System Inc., IBM Corporation, Google Inc., Salesforce.com Inc., Citrix Systems Inc., Highq Solutions Limited, Dell, Hewlett Packard, Mindtree, Orange, Broadsoft, Oracle Corporation, Mitel Network Corporation and Intralinks Holdings Inc.

Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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