openPR Logo
Press release

Enterprise Content Collaboration Market Size Forecast to Reach $9.23 Billion by 2025

05-25-2021 04:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndustryARC

Enterprise Content Collaboration Market

Enterprise Content Collaboration Market

Global Enterprise Content Collaboration Market is forecast to reach $9.23 billion by 2025, growing at a CAGR of 12.3% during the forecast period from 2020 to 2025. With rise of data across enterprises, demands towards enterprise content collaboration has been increasing as it helps in storing large amount of content, thus causing faster and easy management and identification of resources improving workflow collaboration. Rising technological advancements along with improved business workflow capability are acting as major driving factors towards significant growth of enterprise content collaboration market. Moreover, growing demands towards content collaboration solutions across various industries along with high deployment of cloud services have been also causing a positive impact on the market growth towards enterprise content collaboration.

Full Report Link @ https://www.industryarc.com/Research/Enterprise-Content-Collaboration-Market-Research-500647

Deployment Type - Segment Analysis

Cloud deployed solutions is anticipated to have a major growth in the enterprise content collaboration market during the forecast period 2020-2025. Cloud deployed content collaboration improves content accessibility for the organizations with distributed workforces from different locations more efficiently. Such features helps the employees as well as managers to stay updated about latest organizational news through cloud based platforms irrespective of being at any operating industrial location, thus enhancing the employee engagement process across the organization causing more collaboration between the teams Moreover, cloud based collaboration solutions are getting highly deployed across various industry verticals due to their capabilities of saving upfront costs and maintenance expenses of physical infrastructures as in on premise models. Such factors act as making the cloud deployed models a cost efficient alternative for enterprise content collaboration, thus causing higher adoptability from various industries. Additionally, monitoring and upgrading of cloud based models can work within lesser time intervals, thus causing fewer chances of work delays and increasing business productivity.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=500647
Report Price: $ 4500 (Single User License)

Geography - Segment Analysis

North America is anticipated to have a major growth in the global enterprise content collaboration market during the forecast period from 2020 to 2025. High investments towards research and development activities along with growing adoption of large enterprises towards content collaboration solutions has been fuelling the growth for enterprise content collaboration market in this region. Presence of some key players such as Microsoft Corporation, Oracle Corporation and IBM Corporation are acting as major drivers for the growth of enterprise content collaboration market. Moreover, rising growth of IT industries along with growing adoption of cloud based applications to improve business workflow processes are also contributing towards significant shares in the enterprise content collaboration market in this region.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=500647

Drivers – Enterprise Content Collaboration Market

Increases business productivity

The demands towards enterprise content collaboration have been rising due to its capability of increasing business productivity standards, thus acting as a major driving factor towards its significant market growth. Deployment of enterprise content collaboration tools helps the organizations in optimizing their profits by reducing the workflows pressure by initiating improved collaboration among the teams to manage data more effectively. Usage of enterprise content collaboration helps in providing real time business insights much faster compared to the traditional processes, thus increases work team efficiency. Such factors helps in boosting the work performance standards within the organizations, leading to its wide adoption across various industry verticals such as healthcare, information technology and many others. Enterprise content collaboration tools provides updated as well as easy availability of content, documents and data, thus helping the organizational teams to leverage the information during routine tasks more effectively and reduce the effects of delayed work processes. Moreover, such content collaboration tools helps in creating more effective tracking of events, logs and many others, thus providing higher rate of transparency and accountability among the employees, thus boosting the organizational productivity. Due to increasing the productivity standards of business processes by reducing dependency on manual processes, enterprise content collaboration helps in business expansion and causing its significant growth in the market.

Rising technological advancements

Rising technological growth has been acting as one of the major driving factors towards the significant growth of enterprise content collaboration market. With the growing digitalization and demands towards advanced technologies such as artificial intelligence, cloud and many others, various organizations have been highly shifting towards adoption of advanced content collaboration tools to enhance their market growth. By leveraging AI with the enterprise content collaboration tools, organizations have been able to automate the existing work processes and reduce the employee workloads. Moreover, advanced enterprise content collaboration software help in providing features such as suggested connections, suggested posts along with predictive texts or images more efficiently across the collaboration hubs, improving employees knowledge about the updated content in the market. Recently, IBM and Verizon collaborated for combining its AI expertise with Verizon’s 5G multi-access edge computing capabilities and create solutions helping enterprises towards improving operational workflows along with optimizing production qualities. This collaboration is expected to help the clients towards detecting, locating, diagnosis and predict real time failures. Such growing advancements are helpful in boosting the automation across industries, thus propelling the market growth of enterprise content collaboration.

Challenges – Enterprise Content Collaboration Market

Security concerns

Security and privacy concerns are some of the major factors restraining the growth of enterprise content collaboration in the market. Rising rate of security breaches due to growing cybercrimes has made the organizations to highly prioritize the security and privacy aspects. Since enterprise content collaboration solutions provides content collaboration workflows with integration nwith third party systems, data security becomes a major concern. However, growing cyber security vigilance has caused businesses to invest towards highly efficient antivirus and malware systems, hackers have been changing their strategies towards causing security breaches through content collaboration platforms. Moreover, higher dependency of large enterprises towards cloud enterprise content collaboration solutions are also creating high rates of security challenge for the organization causing loss of sensitive information, thus hampering their market positions.

Market Landscape

Partnerships and acquisitions along with product launches are the key strategies of the players in the enterprise content collaboration market. The major key players in the enterprise content collaboration market include IBM Corporation, Oracle Corporation, Microsoft Corporation, Box Inc., Open Text Corporation, HP Autonomy, Xerox Corporation, Slack Technologies Inc., Google, Cisco Systems Inc. ,VMware Inc. and Hyland Software.

Partnerships/Product Launches/Acquisition

In February 2020, Egnyte had announced the launch of its next generation content services platform to provide anefficient approach towards content governance, compliance, privacy along with workflow automation for the growing digital businesses. This newly developed platform leverages technologies such as AI and machine learning for offering unfrequented visibility and control levels over content assets of the organizations. Moreover, this solution makes it easier to collaborate through content rich workflows with colleagues and business partners along with faster access of large files from remote locations, thus fueling the profit and growth for the enterprises.
In June 2020, AX Semantics had announced a new range of complaint content generation software HIPAA for use by pharmaceutical industry. This software will help the pharmaceutical companies towards generation of regulatory clinical study reports (CRP) on medications with 40% faster efficiency through automating the CRP writing process by 30%.
In July 2019, OpenText has announced the launch of next generation update as a major expansion of enterprise intelligent management capabilities. The company had launched OpenText cloud editions which will help customers towards accelerating innovation, as well creating a more secured along with supporting changing nature of work and the workforce.

Related Reports :

A. Enterprise Content Management Market
https://www.industryarc.com/Research/Enterprise-Content-Management-Market-Research-500825

B. Enterprise Software Market
https://www.industryarc.com/Report/15404/enterprise-software-market.html

For more Information and Communications Technology Market reports @ https://www.industryarc.com/Domain/7/information-communication-technology-market-research.html

Venkat Reddy
Sales Director
Email: venkat@industryarc.com
Website: https://www.industryarc.com
Phone: (+1) 970-236-3677

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Enterprise Content Collaboration Market Size Forecast to Reach $9.23 Billion by 2025 here

News-ID: 2290091 • Views:

More Releases from IndustryARC

Professional Diagnostics Market Size to Grow at a CAGR of 6.3% During the Forecast Period 2021–2026
Professional Diagnostics Market Size to Grow at a CAGR of 6.3% During the Foreca …
Professional Diagnostics Market size in 2020 is estimated to be $45 billion, growing at a CAGR of 6.3% during the forecast period 2021-2026. Professional diagnostic is the diagnostic method which are used for faster detection of various diseases such as tuberculosis, cancer, malaria, and others. The main purpose of professional diagnostics is to diagnose or monitor disease in early condition so that treatment can be started so that this diagnostic
Body Dryer Market Size to Grow at a CAGR of 6.0% During the Forecast Period 2021–2026
Body Dryer Market Size to Grow at a CAGR of 6.0% During the Forecast Period 2021 …
Body Dryer Market size was valued at $2,978 million in 2020 and is anticipated to reach $5,143 million by the end of 2026 growing at a CAGR of 6.0% during the forecast period 2021-2026. The Body Dryer industry growth rate is attributed to the rising need to reduce medication errors and development of automated systems with improved features and is likely to new opportunities. Body dryers are type of air
India P2P Lending Market Size Forecast to Reach $10.5 Billion by 2026
India P2P Lending Market Size Forecast to Reach $10.5 Billion by 2026
The India P2P lending Market size is forecast to reach $10.5 billion by 2026, after growing at a CAGR of 21.6% during the forecast period 2021-2026. The Peer to Peer Lending Market growth is attributed to increasing transparency in P2P lending with technologies such as block chain and smart contracts being incorporated into lending platforms. The Indian Government’s enthusiastic promotion of cashless technologies has also managed to restructure the financial
Cloud Relational Database Market Forecast to Reach $18.8 Billion by 2026
Cloud Relational Database Market Forecast to Reach $18.8 Billion by 2026
Cloud Relational Database Market is forecast to reach $18.8 billion by 2026, after growing at a CAGR of 38.4% during 2021-2026. With rise in the adoption of IoT technologies and the usage of cloud database for computing in various organizations for different applications is analyzed to boost the Cloud Relational Database Market. Moreover, the cloud databases provide the customers with improved performance, service resilience and so on, thereby enhancing the

All 5 Releases


More Releases for Enterprise

Enterprise WLAN Market Awareness Overview 2025 | , Hewlett-Packard Enterprise, H …
Global Enterprise WLAN Market: Snapshot The global enterprise WLAN is registering a significant rise in its valuation, thanks to the increasing penetration of Internet across the world. The rapidly rising market for enterprise WLAN technology is anticipated to boost the cloud technology and the Internet of Things (IoT) industries as well, inducing intense competitiveness. Moreover, the continual technological advancements are projected to increase WLAN applications in a number of industry sectors
Enterprise Search Market - Need for Enterprise Workflow Efficiency and Enhanced …
According to a recent market study published by Transparency Market Research (TMR), titled “Enterprise Search Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”, the global enterprise search market is expected to reach US$3,993.7 million by 2019, increasing from US$1,777.5 million in 2012 and expanding at a 12.2% CAGR from 2013 to 2019. Enterprise search system makes content from databases, intranets, data management systems, email,
Enterprise NAS
NAS is a storage system that enables file sharing among enterprise users. It is an independent network node in the local area network (LAN) that consists of individual Internet protocol (IP) addresses. File transfer is achieved through an Ethernet connection between users and NAS systems. NAS allows multiple users access to the same file in a network. In an enterprise environment, NAS systems are used for backup, archiving, and disaster recovery
Global Real Estate Software & Apps Market By Application - Small Enterprise, Med …
Researchmoz added Most up-to-date research on "Global Real Estate Software & Apps Market By Application - Small Enterprise, Medium Enterprise & Large Enterprise" to its huge collection of research reports. This report studies the global Real Estate Software & Apps market, analyzes and researches the Real Estate Software & Apps development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network. With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has
Develop enterprise applications using Packt's new Microsoft Enterprise Library 5 …
Packt is pleased to announce Microsoft Enterprise Library 5.0, a new book that helps programmers to develop enterprise applications using the enterprise library application blocks as well as set up the initial infrastructure configuration of the application blocks using the configuration editor. Written by Sachin Joshi, this book provides an in-depth knowledge about the individual functional Application Blocks as well as enabling reconfiguration of various applications in order to