Press release
Enterprise Collaboration Market 2023 - By Industry Trends, Size, Share And Forecast To 2032
Enterprise Collaboration Market
The Business Research Company's Enterprise Collaboration Global Market Report 2023 identifies increased collaboration and communication across multiple geographies as the major driver for the Enterprise Collaboration market's growth in the forecast period. Large organizations' success is frequently dependent on their employees' ability to collaborate across time and distance. Greater collaboration boosts productivity, improves innovation, and shortens the cycle time. Numerous IT tools facilitate enterprise collaboration, such as file sharing, instant messaging, cloud storage, whiteboard, and other IT tools.
The global enterprise collaboration market size grew from $47.74 billion in 2022 to $54.88 billion in 2023 at a compound annual growth rate (CAGR) of 15.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise collaboration market size is expected to grow to $92.41 billion in 2027 at a CAGR of 13.9%.
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Major competitors in the Enterprise Collaboration market are IBM, Google, Cisco Systems, Microsoft, Adobe Inc., Facebook.
A key trend in the Enterprise Collaboration market includes technological advancement. The growing demand for AI and the increasing integration of enterprise collaboration solutions with cloud and mobile technologies to streamline business operations is projected to open up possibilities for the enterprise collaboration market to expand. For instance, In May 2020, IBM Technologies, a US-based technology company, introduced IBM Watson AIOps, which uses artificial intelligence to run enterprise applications reliably and streamlines the detection, diagnosis, and response to IT inconsistencies in real-time. The chief information officers (CIOs) can use IBM Watson AIOps to automate various aspects of IT development, infrastructure, and operations.
Read More On The Global Enterprise Collaboration Market Report Here:
https://www.thebusinessresearchcompany.com/report/enterprise-collaboration-global-market-report
The Enterprise Collaboration market is segmented -
• By Type: Internal, External
• By Deployment Type: Cloud-Based, On-Premise
• By Enterprise: Small and Medium Enterprises (SME), Large Enterprisres
• By Component: Solutions, Services
• By Industry: Information Technology (IT) and Telecommunication, Government, Energy and Utilities, Banking, Financial Services and Insurance (BFSI), Manufacturing, Retail and Consumer Goods, Heathcare, Travel and Hospitality
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Enterprise Collaboration market.
The Business Research Company's "Global Enterprise Collaboration Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Enterprise Collaboration Market Include:
1. Executive Summary
2. Enterprise Collaboration Market Characteristics
3. Enterprise Collaboration Market Trends And Strategies
4. Enterprise Collaboration Market - Macro Economic Scenario
5. Enterprise Collaboration Market Size And Growth
……………………………..
26. Africa Enterprise Collaboration Market
27. Enterprise Collaboration Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Collaboration Market
29. Enterprise Collaboration Market Future Outlook and Potential Analysis
30. Appendix
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