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Enterprise Collaboration Market estimated to reach $85.8 billion by 2026

06-24-2022 12:50 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

Enterprise Collaboration Market

Enterprise Collaboration Market

According to a new market research report "Enterprise Collaboration Market by Component (Solutions (Enterprise Video, Project Management and Analytics, Unified Messaging, Business Process Management), Services), Deployment Type, Organization Size, End-User, and Region - Global Forecast to 2026" published by MarketsandMarkets™, the Enterprise Collaboration Market size to grow from USD 47.2 billion in 2021 to USD 85.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.7% during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130299553

The Enterprise Collaboration Market is fuelled by the adoption of cloud-based services to accelerate collaboration. Organizations are adopting cloud based services that enable multiple users to work on the same file, syncing all the changes made in real-time to enhance collaboration in organizations.

Browse in-depth TOC on "Enterprise Collaboration Market"
402- Tables
59- Figures
348- Pages

Major vendors in the Enterprise Collaboration Market include IBM (US), Microsoft (US), Cisco (US), Adobe (US), Google (US), Citrix (US), Slack (US), Facebook (US), Salesforce (US), and Atlassian (Australia).

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By Component, the Solutions segment to hold the larger market size during the forecast period

The Equipment segment of the Mobile and wireless backhaul Market is projected to hold the larger market size in 2021. The enterprise collaboration market consists of solutions that increase knowledge sharing among employees and enhance productivity for organizations. The solutions segment is further classified into seven sub-segments, namely enterprise video, unified messaging, enterprise social network, portals and intranet platforms, file sharing and synchronization, project management, and analytics and business process management.

By Solutions, the Enterprise Video segment to record the highest market size in 2021

Under the Solutions segment, the Enterprise Video Services segment is expected to dominate the market during the forecast period. Enterprise video solutions boost enterprise communication with real-time information sharing capabilities by reducing travel costs. These solutions enable internal and external users of an organization to interact with each other through audio, video, and web.

By region, North America to account for the largest market size during the forecast period

North America holds a strong position in the global Enterprise Collaboration Market, due to the presence of most of the top enterprise collaboration vendors such as IBM, Google, Microsoft, and Cisco. North America is also one of the early adopters of 5G technology that would help with seamless file transfers, a smooth experience for cloud services, and high-quality and uninterrupted video conferencing solutions.

Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/enterprise-collaboration-market-130299553.html

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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