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Enterprise Collaboration Market Size, Share 2020- 2023: Industry Overview, Cost, Supply Demand and Shortage, Trends, Demand, Overview, Forecast: Market Reports World

02-05-2020 12:09 PM CET | IT, New Media & Software

Press release from: Market Reports World

Worldwide "Enterprise Collaboration" Market report 2020 sheds light on key attributes of industry which incorporates market dynamics and growth of Enterprise Collaboration industry in upcoming years. This report also provides in-depth information of Top key players, Types and Applications and geographically analysis and contains information about Industry Overview, Definition, Specifications, Raw Material and Suppliers, Cost Structure Analysis, RandD Status and Technology Source. Enterprise Collaboration market report also presents the proficient and detailed analysis of the current situation of industry. The research report provides

Get a sample copy of the report at- https://www.marketreportsworld.com/enquiry/request-sample/12347279

Top Manufacturers Listed in the Enterprise Collaboration Market Report are:
o Microsoft Corporation
o Huawei Technologies Co.
o Ltd
o VMware
o Inc
o Adobe Systems
o Inc
o Mitel LLC
o Atlassian Corporation PLC
o SAP SE
o Slack Technologies
o Inc
o TIBCO Software Inc
o Polycom
o Inc
o Salesforce.Com Inc
o IBM Corporation
o Cisco System
o Inc
o Zoho Corporation Pvt. Ltd
o Jive Software
o Axero Solutions
o LLC
o Igloo Software and Global Logic
o

The Enterprise Collaboration market was valued at USD 31.25 billion in 2019 and is expected to register a CAGR of over 10.62% during the forecast period (2018 - 2023). The report is segmented, by Deployment Type (On-premises, Cloud-based), Application (Communication Tool, Conferencing Tool, Coordination Tool), Services (Managed Service, Professional Service), End-user Industry, and Region.

Over the past few years, enterprises have increased focus on internal communications to increase their productivity with faster interaction among teams and employees. The rise in usage of mobile devices for collaboration and rapid growth of social networking websites, coupled with BYOD trend are the significant factors driving the growth of enterprise collaboration market. Further, with the change in the technology landscape, the enterprise collaboration tools, like cloud-based software are rapidly being adopted by small- and medium-sized enterprises. However, security concerns in data collaboration and the high cost of implementation are key factors hampering the growth of the market.

Emerging Technologies to Fuel the Enterprise Collaboration Market Growth

Business communications are getting more intelligent and contextual, owing to emerging technologies, such as APIs (Application Programming Interface) and AI. Unified communication and collaboration (UCC) tools are adapting to these new emerging trends. As more companies have started to emphasize streamlining their workflows, many IT departments are expected to embed communication API into the existing applications. According to a report from Vidyo, a video conferencing provider, 25% of companies have used APIs to embed Unified communication features. This trend is anticipated to continue, as half of the companies plan to deploy APIs this year and another 78% are planning to integrate APIs for embedded video in future. The emergence of AI in the collaboration industry is expected to enhance the communication experience in the enterprises.

Virtual assistant and Bots use AI for enriching the meeting experience. The smart virtual personal assistants (Bots) are a disruption waiting to happen in the enterprise communication space with a lot of opportunities and business benefits. Besides, enterprises are expected to move from telephony to instant video calls when connecting customers with the agents. These emerging technologies are expected to augment the enterprise collaboration market over the forecast period.

North America is Expected to have Highest Enterprise Collaboration Market Share

North America region dominated the enterprise collaboration market in 2019 where the United States is leading the market. The region is the earliest adopters of cloud technologies and has an advanced infrastructure capability leading to the largest revenue generator for the market. Organizations, such as the US Joint Forces Command and US Department of Defense, as well as many local and state agencies, have started to use the collaborative technologies to build internal and external knowledge repositories. Moreover, the region has remained as an earlier adopter of enterprise collaboration tools, such as video and audio conferencing software, application sharing tools and web services. This has boosted the growth of North America enterprise collaboration market

Key Developments in the Enterprise Collaboration Market

o June 2018: Tibco Software, Inc, a global leader in integration, API management, and analytics had announced the acquisition of Scribe Software, an innovative cloud-based integration service, which helps more than 10,000 businesses to efficiently connect with Software-as-a-Service (SaaS) applications and also automate data flows using an intuitive browser-based approach

o May 2018: SAP SE, the global enterprise software solutions provider had announced the launch of crisis-response communications framework - SAP People Connect 365. The framework's multiple functionalities help to streamline communications across a wide spectrum of industries, as well as business verticals/industry

Enterprise Collaboration Market

Enquire before Purchasing this report at- https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12347279

Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the Enterprise Collaboration Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Enterprise Collaboration Market growth during the forecast period.
- Identify the latest developments, Enterprise Collaboration market shares and strategies employed by the major market players.

Buy this report (Price 4250 USD for single user license) at- https://www.marketreportsworld.com/purchase/12347279

Major Points from Table of Contents:
1. Introduction
1.1. Key Study Deliverables
1.2. Market Definition
1.3. Study Assumptions
2. Research Methodology
3. Executive Summary
4. Enterprise Collaboration Market Insights
4.1. Enterprise Collaboration Market Overview
4.2. Industry Attractiveness - Porter's Five Forces Model
4.2.1. Bargaining Power of Suppliers
4.2.2. Bargaining Power of Consumers
4.2.3. Threat of New Entrants
4.2.4. Threat of Substitute Products and Services
4.2.5. Competitive Rivalry in the Industry
4.3. Industry Value Chain Analysis
4.4. Technology Roadmap
5. Enterprise Collaboration Market Dynamics
5.1. Enterprise Collaboration Market Drivers
5.1.1. Increase in Usage of Mobile Devices for Collaboration
5.1.2. Emerging Technologies
5.1.3. Rapid Rise of Social Networking Websites and BYOD
5.2. Enterprise Collaboration Market Restraints
5.2.1. Security Concerns in Data Collaboration
5.2.2. High Cost of Implementation
6. Global Enterprise Collaboration Market Segmentation
6.1. By Deployment Type
6.1.1. On-premise
6.1.2. Cloud-based
6.2. By Application
6.2.1. Communication Tools
6.2.2. Conferencing Tools
6.2.3. Coordination tools
6.3. By Services
6.3.1. Managed Services
6.3.2. Professional Services
6.4. By End-user Industry
6.4.1. Telecommunications & IT
6.4.2. Travel & Hospitality
6.4.3. Public Sector
6.4.4. BFSI
6.4.5. Retail & Consumer Goods
6.4.6. Education
6.4.7. Transportation and Logistics
6.4.8. Healthcare
6.4.9. Other Industries
6.5. By Region
6.5.1. North America Enterprise Collaboration Market Size (2018-2023)
6.5.1.1. United States Enterprise Collaboration Market Size (2018-2023)
6.5.1.2. Canada Enterprise Collaboration Market Size (2018-2023)
6.5.2. Europe Enterprise Collaboration Market Size (2018-2023)
6.5.2.1. United Kingdom Enterprise Collaboration Market Size (2018-2023)
6.5.2.2. Germany Enterprise Collaboration Market Size (2018-2023)
6.5.2.3. France Enterprise Collaboration Market Size (2018-2023)
6.5.2.4. Spain Enterprise Collaboration Market Size (2018-2023)
6.5.2.5. Rest of Europe
6.5.3. Asia-Pacific Enterprise Collaboration Market Size (2018-2023)
6.5.3.1. China Enterprise Collaboration Market Size (2018-2023)
6.5.3.2. Japan Enterprise Collaboration Market Size (2018-2023)
6.5.3.3. India Enterprise Collaboration Market Size (2018-2023)
6.5.3.4. South Korea Enterprise Collaboration Market Size (2018-2023)
6.5.3.5. Rest of Asia-Pacific
6.5.4. Latin America Enterprise Collaboration Market Size (2018-2023)
6.5.5. Middle East & Africa
7. Competitive Intelligence - Company Profiles
7.1. Microsoft Corporation
7.2. Huawei Technologies Co., Ltd
7.3. VMware, Inc
7.4. Adobe Systems, Inc
7.5. Mitel LLC
7.6. Atlassian Corporation PLC
7.7. SAP SE
7.8. Slack Technologies, Inc
7.9. TIBCO Software, Inc
7.10. Polycom, Inc
7.11. Salesforce.Com Inc
7.12. IBM Corporation
7.13. Cisco System, Inc
7.14. Zoho Corporation Pvt. Ltd
7.15. Jive Software
7.16. Axero Solutions, LLC
7.17. Igloo Software
7.18. Global Logic
*(List Not Exhaustive)
8. Investment Analysis
9. Future of Enterprise Collaboration Market

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Reports World is the credible source for gaining the market reports that will provide you with the lead your business needs.

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