Enterprise Collaboration Market Worth 49.51 Billion USD by 2021
PUNE, India, January 5, 2017 /PRNewswire/ --
According to a new market research report "Enterprise Collaboration Market by Component, Solution (File Sharing & Synchronization, Portals & Intranet Platform, Unified Messaging, Enterprise Video, Enterprise Social Network), Service, User Type, Vertical and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is estimated to grow from USD 26.68 Billion in 2016 to USD 49.51 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 13.2%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 100 Market Data Tables and 58 Figures spread through 172 Pages and in-depth TOC on "Enterprise Collaboration Market"
Early buyers will receive 10% customization on this report.
The major forces driving this market include widespread usage of social networking websites, increased usage of mobile devices, and the growing need for improved enterprise efficiencies. The enterprise collaboration solutions and services are used across diverse industrial verticals, such as Banking, Financial Services, and Insurance (BFSI); public sector; healthcare; energy & utilities; retail; IT & telecom; travel & hospitality; transportation & logistics; education; and other industries, such as life sciences and communications & media.
Enterprise social network is estimated to hold the largest market size in the enterprise collaboration solution market in 2016
Enterprise Social Networks (ESNs) are gaining traction among enterprise collaboration solutions as these solutions enable users, both internal and external to an organization, to leverage on social workflow capabilities. The social workflows provided by ESN can be integrated with other applications used in organizations or can be used independently, to improve the employee productivity.
Cloud deployment type is expected to be the largest contributor to the Enterprise Collaboration Market during the forecast period
The cloud deployment model is fast becoming an attractive option for the delivery of enterprise collaboration solution, as it enables organizations to decrease the cost associated with I infrastructure and its maintenance. Furthermore, cloud deployment is a major business driver for the Enterprise Collaboration Market, as it empowers organizations to increase their businesses by offering enterprise collaboration solutions to distributed enterprises spread across the world.
The North American region is expected to contribute to the maximum market share to the overall Enterprise Collaboration Market
The high adoption of cloud technology in North America, particularly in the U.S. and Canada, is the major reason for the continuous adoption of enterprise collaboration solutions and services by the end-users. Furthermore, the market is in the emerging stage in the regions of Asia-Pacific (APAC), Latin America, and Middle East & Africa (MEA), owing to the increased focus on digital workplace transformation initiatives and increase in IT investment.
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=130299553
The major vendors in the Enterprise Collaboration Market include Facebook, Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Atlassian Corporation PLC (U.S.), Igloo, Inc. (Canada), Slack Technologies, Inc. (U.S.), VMware, Inc. (U.S.), Jive Software, Inc. (U.S.), Salesforce.com, Inc. (U.S.), and Ninian Solutions Limited (U.K.).
Browse Related Reports
Cloud Collaboration Market by Solution & Service (UCC, Document Management System, Project and Team Management, Enterprise Social Collaboration & Training, Consulting and Integration and Support and Maintenance), by Region - Global Forecast to 2021
Enterprise Content Collaboration Market by Component (Software, Services- Professional, Managed), Deployment Type (Cloud, On-Premises, User Type (SME, Large Enterprise), Industry Vertical and Region - Global Forecast to 2020
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
[ Back To Real Time Communications's Homepage ]