Industry Background:
Enterprise collaboration is a system of communication among corporate employees that may encompass the use of a collaboration platform, enterprise social networking tools, a corporate intranet and the public Internet. Enterprise collaboration enables employees in an organization to share information with one another and work together on projects from different geographic locations through a combination of software technologies, networking capabilities and collaborative processes. Technologies may include groupware, videoconferencing and document-sharing capabilities. Many enterprise collaboration software tools have features similar to those offered on popular social media sites.This growth is primarily driven by Growing use of Networking Websites
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Internet Software & Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Microsoft (United States), VMware (United States), Atlassian (Australia), Cisco Systems (United States), Google (United States), Adobe Systems (United States), Facebook (United States), Igloo Software (Canada), Jive Software (United States), Mitel Networks (Canada), Salesforce (United States) and SAP (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 28 July 2020, Zoho Corporation, a global technology company shared the latest adoption numbers on Zoho Workplace, its enterprise collaboration platform. In the last quarter, Zoho Workplace has seen a dramatic increase in adoption and now supports 15 million users globally. The company explained this unprecedented growth as a consequence of the pandemic as well as high demand from business users seeking better business application integration. More than 25 percent of new Zoho Workplace customers have made the decision to switch over from G Suite and Microsoft.
Influencing Trend:
Bring Your Own Device (BYOD) and Bring Your Own Meeting
Market Growth Drivers:
Growing use of Networking Websites and Increasing use of Mobile Devices for Collaboration
Challenges:
Difficulties in Aligning Team Collaboration Software with Business Goals and Security Concerns
Restraints:
High Cost of Implementation and Difficulty in Countering Ediscovery and Legal Risks
Opportunities:
Growing Demand for Ai across the Globe and Emerging Potential Markets
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Enterprise Collaboration Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Enterprise Collaboration Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Enterprise Collaboration players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Enterprise Collaboration Study Sheds Light on
The Enterprise Collaboration Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Enterprise Collaboration industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Enterprise Collaboration industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.