Collaborative Whiteboard Software Market 2021 Growth Outlook - Cisco Systems Inc., InVision, Miro, MURAL, ezTalks, Explain Everything

The Collaborative Whiteboard Software Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The collaboration whiteboard software market is expected to register a CAGR of 9.8% during the forecast period (2020-2025).

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Top Leading Companies of Collaborative Whiteboard Software Market are Cisco Systems Inc., InVision, Miro, MURAL, ezTalks, Explain Everything, BeeCanvas, AWW App, Bluescape, Google Jamboard, Microsoft Corporation and others.

Industry News and Updates

May 2020 - Microsoft launched the Surface Hub 2S digital collaboration device in India. The all-in-one digital whiteboard, meeting platform, and teamwork collaborative computing device is priced at INR 11,89,999, which includes a Surface Hub 2 Camera and a Surface Hub 2 Pen.

- April 2020 - Miro received a USD 50 million Series B for digital whiteboard as demand surges. Iconiq Capital led the round with help from Accel and a slew of individual investors.

Key Market Trends

North America is Expected to Hold Significant Market Share

- According to ALM Media Properties, LLC, more than 58% of the working population in the United States is working from home. As remote workers and decentralized office spaces are becoming more commonplace, hosting a meeting can be tricky irrespective of how effective a video conferencing system is. Keeping participants engaged is not always easy.

- Also, the increased electronic device penetration has resulted in the high adoption of BYOD, which has forced companies to adopt cloud collaboration to address employee needs. Furthermore, the presence of prominent startups with an aggressive BYOD policy and freedom for employees has augmented the growth of the collaborative whiteboard software market.

- With the increase in competition, players are focusing on enhancing their solutions. For instance, in July 2020, Microsoft announced that it would add new features to its Microsoft Teams, to virtual interactions more organic and engaging, supporting the global shift into a more hybrid model of work, learning, and life.

Regional Outlook of Collaborative Whiteboard Software Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Collaborative Whiteboard Software Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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