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Enterprise Collaboration Market Qualitative Analysis with Top Players, Projected CAGR that global Enterprise Collaboration Industry is likely to grow

The Enterprise Collaboration Market Report scrutinizes the market by key industry peers, describe to define and analyses opportunities, Budget allocation and key challenges, trend and growth value.

Enterprise Collaboration Market” expected to grow considerably in the forecast period 2022- 2027. COVID-19 can affect the economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The report offers a dashboard overview of leading companies like: Microsoft Corporation, Huawei Technologies Co. Ltd, VMware, Inc,…, encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

The Enterprise Collaboration market was valued at USD 31.25 billion in 2017 and is expected to register a CAGR of over 10.62% during the forecast period (2021 – 2027). The report is segmented, by Deployment Type (On-premises, Cloud-based), Application (Communication Tool, Conferencing Tool, Coordination Tool), Services (Managed Service, Professional Service), End-user Industry, and Region.

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Company Coverage: –

– Microsoft Corporation

– Huawei Technologies Co. Ltd

– VMware

– Inc

– 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 Pvt. Ltd

– Jive Software

– Axero Solutions

– LLC

– Igloo Software and Global Logic

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Market Players Competitor Analysis:

Over the past few years, enterprises have increased focus on internal communications to increase their productivity with faster interaction among teams and employees. The rise in usage of mobile devices for collaboration and rapid growth of social networking websites, coupled with BYOD trend are the significant factors driving the growth of enterprise collaboration market. Further, with the change in the technology landscape, the enterprise collaboration tools, like cloud-based software are rapidly being adopted by small- and medium-sized enterprises. However, security concerns in data collaboration and the high cost of implementation are key factors hampering the growth of the market.

Emerging Technologies to Fuel the Enterprise Collaboration Market Growth

Business communications are getting more intelligent and contextual, owing to emerging technologies, such as APIs (Application Programming Interface) and AI. Unified communication and collaboration (UCC) tools are adapting to these new emerging trends. As more companies have started to emphasize streamlining their workflows, many IT departments are expected to embed communication API into the existing applications. According to a report from Vidyo, a video conferencing provider, 25% of companies have used APIs to embed Unified communication features. This trend is anticipated to continue, as half of the companies plan to deploy APIs this year and another 78% are planning to integrate APIs for embedded video in future. The emergence of AI in the collaboration industry is expected to enhance the communication experience in the enterprises.

Virtual assistant and Bots use AI for enriching the meeting experience. The smart virtual personal assistants (Bots) are a disruption waiting to happen in the enterprise communication space with a lot of opportunities and business benefits. Besides, enterprises are expected to move from telephony to instant video calls when connecting customers with the agents. These emerging technologies are expected to augment the enterprise collaboration market over the forecast period.

North America is Expected to have Highest Enterprise Collaboration Market Share

North America region dominated the enterprise collaboration market in 2017 where the United States is leading the market. The region is the earliest adopters of cloud technologies and has an advanced infrastructure capability leading to the largest revenue generator for the market. Organizations, such as the US Joint Forces Command and US Department of Defense, as well as many local and state agencies, have started to use the collaborative technologies to build internal and external knowledge repositories. Moreover, the region has remained as an earlier adopter of enterprise collaboration tools, such as video and audio conferencing software, application sharing tools and web services. This has boosted the growth of North America enterprise collaboration market

Key Developments in the Enterprise Collaboration Market

• June 2021: Tibco Software, Inc, a global leader in integration, API management, and analytics had announced the acquisition of Scribe Software, an innovative cloud-based integration service, which helps more than 10,000 businesses to efficiently connect with Software-as-a-Service (SaaS) applications and also automate data flows using an intuitive browser-based approach

• May 2021: SAP SE, the global enterprise software solutions provider had announced the launch of crisis-response communications framework – SAP People Connect 365. The framework’s multiple functionalities help to streamline communications across a wide spectrum of industries, as well as business verticals/industry

Enterprise Collaboration Market Major Players: : MICROSOFT CORPORATION, HUAWEI TECHNOLOGIES CO., LTD, V ARE, INC, 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 PVT. LTD, JIVE SOFTWARE, AXERO SOLUTIONS, LLC, IGLOO SOFTWARE and GLOBAL LOGIC, among others.

To Understand How COVID-19 Impact is Covered in This Report. Get Sample copy of the report at –https://www.marketreportsworld.com/enquiry/request-covid19/12347279

Reasons to Purchase this Report:

  • To examine the increased usage of Enterprise Collaboration in Industry that affect the global market scenario
  • Analyze various perspectives of the market with the help of Porter’s five forces analysis
  • To know the modality and application that are expected to dominate the market
  • To know the regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by major market players

Customization of the Report:

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

Enquire before Purchasing this report at-https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12347279

Regional Analysis: –

– North America

– Asia-Pacific

– Europe

– South America

– Africa

Some Major Points from TOC: –

1. Introduction
1.1. Key Study Deliverables
1.2. Market Definition
1.3. Study Assumptions
2. Research Methodology
3. Executive Summary
4. Enterprise Collaboration Market Insights
4.1. Enterprise Collaboration Market Overview
4.2. Industry Attractiveness – Porter’s Five Forces Model
4.2.1. Bargaining Power of Suppliers
4.2.2. Bargaining Power of Consumers
4.2.3. Threat of New Entrants
4.2.4. Threat of Substitute Products and Services
4.2.5. Competitive Rivalry in the Industry
4.3. Industry Value Chain Analysis
4.4. Technology Roadmap
5. Enterprise Collaboration Market Dynamics
5.1. Enterprise Collaboration Market Drivers
5.1.1. Increase in Usage of Mobile Devices for Collaboration
5.1.2. Emerging Technologies
5.1.3. Rapid Rise of Social Networking Websites and BYOD
5.2. Enterprise Collaboration Market Restraints
5.2.1. Security Concerns in Data Collaboration
5.2.2. High Cost of Implementation
6. Global Enterprise Collaboration Market Segmentation
6.1. By Deployment Type
6.1.1. On-premise
6.1.2. Cloud-based
6.2. By Application
6.2.1. Communication Tools
6.2.2. Conferencing Tools
6.2.3. Coordination tools
6.3. By Services
6.3.1. Managed Services
6.3.2. Professional Services
6.4. By End-user Industry
6.4.1. Telecommunications and IT
6.4.2. Travel and Hospitality
6.4.3. Public Sector
6.4.4. BFSI
6.4.5. Retail and Consumer Goods
6.4.6. Education
6.4.7. Transportation and Logistics
6.4.8. Healthcare
6.4.9. Other Industries
6.5. By Region
6.5.1. North America Enterprise Collaboration Market Size (2018-2023)
6.5.1.1. United States Enterprise Collaboration Market Size (2018-2023)
6.5.1.2. Canada Enterprise Collaboration Market Size (2018-2023)
6.5.2. Europe Enterprise Collaboration Market Size (2018-2023)
6.5.2.1. United Kingdom Enterprise Collaboration Market Size (2018-2023)
6.5.2.2. Germany Enterprise Collaboration Market Size (2018-2023)
6.5.2.3. France Enterprise Collaboration Market Size (2018-2023)
6.5.2.4. Spain Enterprise Collaboration Market Size (2018-2023)
6.5.2.5. Rest of Europe
6.5.3. Asia-Pacific Enterprise Collaboration Market Size (2018-2023)
6.5.3.1. China Enterprise Collaboration Market Size (2018-2023)
6.5.3.2. Japan Enterprise Collaboration Market Size (2018-2023)
6.5.3.3. India Enterprise Collaboration Market Size (2018-2023)
6.5.3.4. South Korea Enterprise Collaboration Market Size (2018-2023)
6.5.3.5. Rest of Asia-Pacific
6.5.4. Latin America Enterprise Collaboration Market Size (2018-2023)
6.5.5. Middle East and Africa
7. Competitive Intelligence – Company Profiles
7.1. Microsoft Corporation
7.2. Huawei Technologies Co., Ltd
7.3. VMware, Inc
7.4. Adobe Systems, Inc
7.5. Mitel LLC
7.6. Atlassian Corporation PLC
7.7. SAP SE
7.8. Slack Technologies, Inc
7.9. TIBCO Software, Inc
7.10. Polycom, Inc
7.11. Salesforce.Com Inc
7.12. IBM Corporation
7.13. Cisco System, Inc
7.14. Zoho Corporation Pvt. Ltd
7.15. Jive Software
7.16. Axero Solutions, LLC
7.17. Igloo Software
7.18. Global Logic
*(List Not Exhaustive)
8. Investment Analysis
9. Future of Enterprise Collaboration Market

Browse complete table of contents at-https://www.marketreportsworld.com/TOC/12347279

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