The increasing use of mobile devices for collaboration is the crucial aspect of increasing the revenue of the enterprise collaboration market, along with the increasing use of networking websites will drive the growth of the market.
JERSEY CITY, NJ, October 11, 2021 / PRNewswire / – Verified Market Research recently published a report, “Enterprise collaboration market“By type of deployment (cloud-based and on-premise), by application (communication tools, coordination tools), by end user (hospitals and diagnostic laboratories, IT and telecommunications) and by geography. According to a market study verified, the market size for enterprise collaboration was assessed at $ 29.45 billion in 2020 and should reach $ 53.26 billion by 2028, with a CAGR of 8.83% from 2021 to 2028.
Download the PDF brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=24609
Browse the table of contents in depth to “Enterprise collaboration market“
202 – Slips
126 – Tables
37 – Figures
Overview of the Global Enterprise Collaboration Market
Key drivers of this market include increased focus of organizations on improving collaboration and communication among multiple stakeholders located in different geographies, the need to unify internal and external collaboration in a single space and the widespread use of social networking websites.
The increased ability to simplify the communication process is expected to boost the enterprise collaboration market. Most companies are planning for business expansion, which requires effective collaboration solutions such as document management, mobile collaboration, and social collaboration. The increasing trend of BYOD and enterprise mobility in all major regions is driving the demand for such solutions.
However, a huge amount of implementation is hampering the growth of the market. In addition, a complication in the E-Discovery response and legal risks are hampering the growth of the market. Moreover, data collaboration security concerns due to several software methods are limiting the growth of the market.
Key developments in Enterprise collaboration market
Microsoft has partnered with Morgan Stanley to June 2021 to accelerate its digital transformation. Morgan Stanley would be bundled with Microsoft Azure, which provides data protection and helps the business cloud transformation.
In May 2021, Google announced a partnership with SpaceX to provide secure global connectivity through SpaceX’s Starlink, which will provide high-speed connectivity through the Google Cloud infrastructure. Companies would thus have transparent and secure access to the cloud.
The main players in the market are Adobe Systems, Cisco Systems, Facebook, IBM, Igloo Software, VMware, Microsoft, Atlassian, Google and Slack Technologies.
Verified market research segmented the global enterprise collaboration market on the basis of type of deployment, application, end user, and geography.
Enterprise Collaboration Market, By Deployment Type
Enterprise Collaboration Market, By Application
Enterprise Collaboration Market, By End User
Enterprise Collaboration Market by Geography
Browse related reports:
Edge Data Center Market By component (solution, service), by organization (large enterprises, SMEs), by application (retail, BFSI, logistics and transport, healthcare, government, IT and telecommunications), by geography, forecast, 2020-2027
U.S. Insurance Business Process Outsourcing (BPO) Market By Business Size (Small & Medium Businesses & Large Businesses), By Application (Life & Retirement, & P&C), By Type (Claims Handling, Asset Management, Administration), By Geography, Forecast, 2020-2027
OKR Software Market By component (solutions and services), by mode of deployment (on-premise, cloud-based), by organization size (large companies and SMEs), by industry (IT and telecommunications, retail and e-commerce ), by geography, Forecast, 2020-2027
Enterprise Performance Management Market By Verticals (BFSI, Manufacturing, Healthcare & Life Sciences), By Deployment (Cloud & On-Premises), By Geography, Forecast, 2020-2027
Best Enterprise Architecture Tools – Unparalleled names artisanal forging and 3D modeling
Visualize the Enterprise Collaboration Market Using Verified Market Intelligence: -:
Verified market intelligence is our BI compatible platform for the narrative storytelling of this market. VMI offers detailed trends and accurate information on over 20,000 emerging and niche markets, helping you make critical decisions impacting revenue for a bright future.
VMI provides a holistic overview and global competitive landscape with regard to region, country and segment, and key players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.
Verified Market Research is a leading global research and advisory firm serving more than 5,000 clients. Verified Market Research provides advanced analytical research solutions while delivering insightful research studies. We provide insight into strategic and growth analyzes, the data needed to achieve business goals, and critical revenue decisions.
Our 250 analysts and SMEs offer a high level of expertise in data collection and governance using industry techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study over 14 categories of Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Power & Energy, Healthcare, Pharmaceuticals , automotive and transport, information and communication technology, software and services, information security, mining, minerals and metals, building & construction, agricultural industry and medical devices from more than 100 countries.
Sir. Edwyne Fernandes
Verified Market Research®
United States: +1 (650) -781-480
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
Toll free number in the United States: 1 (800) -782-1768
Email: [email protected]
The Web: https://www.verifiedmarketresearch.com/
Follow us: LinkedIn | Twitter
SOURCE Verified market research