Cloud Collaboration Market Analysis 2019 | Industry Growth Rate by Major Companies, Business Plans, Latest Technology, Demand Status, and Forecast to 2019-2024

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The “Cloud Collaboration Market” 2019-2024 focuses on highlighting technological developments, innovations, and growth prospects. The study of the Cloud Collaboration industry is very important to enhance industry productivity and for the study of the market forecast. A detailed analysis of key trends, drivers, restraints, and opportunities manipulating revenue growth is presented in this Cloud Collaboration market research report. Overall, the study offers an in-depth overview of the market covering all major parameters.

Cloud Collaboration Market report aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Cloud Collaboration market report contains information like SWOT analysis, business highlights, strengths, weaknesses, threats, and opportunities of the industry.

Key Players Mentioned in the Cloud Collaboration Market Are:

  • Microsoft Corporation
  • Cisco Systems Inc
  • Oracle Corporation
  • HighQ Solutions
  • IBM Corporation
  • Box Inc.
  • Citrix Systems Inc.
  • Jive Software Inc
  • Mitel Networks Corp
  • Intralinks Holdings Inc.
  • Salesforce.com Inc.
  • Hyperoffice
  • Atlassian Corporation PLC
  • Adobe Systems
  • Zoho Corporation

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    Market Overview:

  • The Cloud Collaboration market was valued at USD 26.11 billion in 2018 and is expected to register a CAGR of 13.43%, over the forecast period (2019-2024).
  • Employees across organizations use cloud-based collaboration platform to share and work together on projects at once. Cloud collaboration enables to achieve high productivity with access to real-time data. Cloud collaboration offers high agility to companies and enables easy data sharing among remote and virtual users. With changing business requirements, companies are now looking for services, which offer easy access and increased productivity thereby supporting the growing need for agile support.
  • With increasing automation trends along with the changing mobility, it has become increasingly important for industries to look for solutions that can offer services thereby reducing the overall infrastructure costs.
  • Moreover, businesses adopting mobile services and implementing new policies to increase the employee interaction and ease of use, has become important to provide accessibility to data across multiple end-point devices.
  • These services allow the client and employees to access files and data who are working on offsite locations , which makes operations much more accessible. It also lets users with BYOD (Bring your own device) to take full advantage of accessing the data over the cloud.

    Scope of the Report:

  • Cloud collaboration is a type of enterprise collaboration that allows employees to work together on documents and other data types, which are stored off-premises and outside of the company firewall. Employees use a cloud-based collaboration platform to share, edit and work together on projects. Cloud collaboration enables two or more people to work on a project at once.

    Cloud Collaboration Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Cloud Collaboration market?
    • What are the key market trends impacting the growth of the global Cloud Collaboration market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Cloud Collaboration market?
    • What are the market opportunities and threats faced by the vendors in the global Cloud Collaboration market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Cloud Collaboration market?

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    Key Market Trends:

    Demand for Enterprise Social Collaboration is on the Rise

    In recent years, enterprise social collaboration(ESC) solutions have been able to connect people around the world effectively. Social applications have been limited by technology and might work fine for one department but not for another. With the advent of the cloud, the integration of social collaboration solutions is easier than ever.
    The demand for enterprise social collaboration is on the rise and with good reason. With the millennials becoming an increasingly larger part of the workforce, CIOs will be forced to face enterprise social collaboration (ESC) in the future. Intelligent CIOs-who are ahead of the trend have already embraced it, leading to staggering results.
    When properly integrated, ESC solutions empower both employees and employer. It can instill the intimacy and fun of social media into work-related communications, and lead to accomplishing tasks in new and more efficient ways. Trusted partners and valued customers can also be integrated directly into the network to everyone’s mutual advantage.

    Cloud Collaboration in North America is Driven by the Adoption of Cloud Computing

    Cloud collaboration in the region is mainly driven by businesses that are adopting cloud computing to increase capacity and productivity. Companies in the region are moving beyond the public cloud and stepping into a new era of hybrid IT that combines public cloud, private cloud, and traditional IT. These organizations have implemented a hybrid cloud strategy as it is helping them to improve the way they run their business and deliver services to customers.
    As per the RightScale’s State of the Cloud Report 2018, over 80% of the North American and European companies are using a complex deployment model in the cloud, i.e., 51% of the hybrid and 21% implementing a multi-cloud strategy, with an average of five cloud providers. This has further stimulated the cloud collaboration demand. With automation trends prominent in the region, it has become increasingly important for industries to look for solutions that can offer services to reduce infrastructure costs.
    Also, the increased electronic device penetration has resulted in the high adoption of BYOD, which has forced companies to adopt cloud collaboration to address employee needs. Furthermore, the presence of prominent startups with an aggressive BYOD policy and freedom for employees has augmented the growth of the cloud collaboration market.

    Report Objectives:

    • Analyzing the size of the Cloud Collaboration market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Cloud Collaboration market.
    • Determining the key dynamics of the Cloud Collaboration market.
    • Highlighting significant trends of the Cloud Collaboration market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Cloud Collaboration market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the Cloud Collaboration market.

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    Detailed TOC of Cloud Collaboration Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY
    2.1 Research Phases
    2.2 Analysis Methodologies

    3 EXECUTIVE SUMMARY

    4 MARKET INSIGHTS
    4.1 Market Overview
    4.2 Industry Attractiveness Porters Five Force Analysis
    4.2.1 Threat of New Entrants
    4.2.2 Bargaining Power of Buyers/Consumers
    4.2.3 Bargaining Power of Suppliers
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry
    4.3 Technology Snapshot

    5 MARKET DYNAMICS
    5.1 INTRODUCTION to Market Drivers and Restraints
    5.2 Market Drivers
    5.2.1 Increased Mobility and Changing Working Trends, Such as BYOD
    5.2.2 Rising Need for Workforce Productivity and Enterprise Agility across Time Zones
    5.3 Market Restraints
    5.3.1 Data Security Concerns And Application Integration Complexities

    6 MARKET SEGMENTATION
    6.1 By Solution
    6.1.1 Unified Communication and Collaboration
    6.1.2 Enterprise Social Collaboration
    6.1.3 Project and Team Management
    6.1.4 Document Management System
    6.1.5 Support Services
    6.2 By Deployment Type
    6.2.1 Public Cloud
    6.2.2 Private Cloud
    6.2.3 Hybrid Cloud
    6.3 By End-user Industry
    6.3.1 Telecommunication and ITES
    6.3.2 Media and Entertainment
    6.3.3 Education
    6.3.4 Healthcare and Life Sciences
    6.3.5 Banking and Financial System
    6.3.6 Government and Public Sectors
    6.3.7 Other End-user Industries
    6.4 Geography
    6.4.1 North America
    6.4.2 Europe
    6.4.3 Asia-Pacific
    6.4.4 South America
    6.4.5 Middle East and Africa

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 Microsoft Corporation
    7.1.2 Cisco Systems Inc
    7.1.3 Oracle Corporation
    7.1.4 HighQ Solutions
    7.1.5 IBM Corporation
    7.1.6 Box Inc.
    7.1.7 Citrix Systems Inc.
    7.1.8 Jive Software Inc
    7.1.9 Mitel Networks Corp
    7.1.10 Intralinks Holdings Inc.
    7.1.11 Salesforce.com Inc.
    7.1.12 Hyperoffice
    7.1.13 Atlassian Corporation PLC
    7.1.14 Adobe Systems
    7.1.15 Zoho Corporation

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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