Enterprise Collaboration Market Latest Trends and Growing Business Opportunities 2021-2026

The Enterprise Collaboration Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Enterprise Collaboration market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Enterprise Collaboration market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Enterprise Collaboration market.

The enterprise collaboration market was valued at USD 36.24 billion in 2020, and it is expected to register a CAGR of over 10.7% during the forecast period (2021 - 2026).

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Top Leading Companies of Enterprise Collaboration Market are - Microsoft Corporation, Huawei Technologies Co. Ltd., Adobe Systems Inc., Mitel LLC, Atlassian Corporation PLC, SAP SE, Slack Technologies Inc., TIBCO Software Inc., Polycom Inc., Salesforce.Com Inc., IBM Corporation, Cisco System Inc., Zoho Corporation Pv and others.

Industry News and Updates:

- May 2020 - PagerDuty Inc. announced new automation and intelligence capabilities in its Dynamic Service Directory, Business Response, and Intelligent Triage solutions, to help teams reduce manual work, prevent outages and improve remote collaboration. The platform is built on the cloud platform for real-time critical work. With these new enhancements, it is even better equipped to help companies efficiently accelerate their digital transformation.

- September 2019 - Cisco launched Webex Control Hub Extended Security Pack to empower Webex customers with robust data security enhancements. The new security pack features Cisco Cloudlock cloud access security broker (or CASB) with support to Data Loss Prevention (or DLP) policies for Webex Teams.

Key Market Trends:

Cloud-based Deployment to Increase the Market Growth

- Cloud-based deployment to workload is expected to be primarily driven by the consistent growth in the data generated. Several industry verticals are dealing with a massive volume of data and data center is more suited for an organization that has to run many types of applications and complex workloads pertaining to enterprise collaboration. It enables the achievement of high productivity, with access to real-time data with all application tools.
- In recent years, enterprise social collaboration (ESC) solutions have been able to connect people around the world effectively. Social applications have been limited by technology and may work fine for one department, but not for another. With the advent of the cloud, the integration of social collaboration solutions is easier than ever.

North America to Hold Maximum Market Share

- The market in North America is growing, as the companies in the region were the earliest adopters of cloud technologies. The region has an advanced infrastructure capability, which had led it to become the largest revenue generator for the market.
- Companies in the region are moving beyond the public cloud and stepping into a new era of hybrid IT, which combines public cloud, private cloud, and traditional IT. These organizations have implemented a hybrid cloud strategy as it helps in improving the way they run their collaboration business.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Enterprise Collaboration Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Enterprise Collaboration Market (%),2016 - 2026
- Enterprise Collaboration Market Share, By Brand
- Enterprise Collaboration Market Share, By Company
- Enterprise Collaboration Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Enterprise Collaboration Market Value Analysis & Forecast
- Promising Enterprise Collaboration Development by Major Companies
- Detailed Enterprise Collaboration Portfolio of the Major Companies
- Major Deals in the Enterprise Collaboration Market
- Major Companies Analysis

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