Market Overview

Global Outlook on the Enterprise Collaboration Market 2018 - Drivers, Restraints, Opportunities, Trends and Forecasts to 2023: A Projected $53.83 Billion Market - ResearchAndMarkets.com

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The "Global
Enterprise Collaboration Market by Software; By Deployment Mode; By
Industries; By Regions Drivers, Opportunities, Restraints, Trends, and
Forecast to 2023: Global Drivers, Restraints, Opportunities, Trends, and
Forecasts up to 2023"
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offering.

The enterprise collaboration market revenue is estimated to be $31.74
billion in 2018 and is expected to reach $53.83 billion by 2023, growing
at a CAGR of 11.15% during the forecast period 2018-2023.

The services include file sharing, messaging, audio and video,
enterprise social network, intranet and portal, and project and calendar
management. The enterprise social network segment is expected to grow at
the highest CAGR during the forecast period. The Asia Pacific region is
expected to realize the benefits of the connected workforce and faster
business operations.

The adoption of enterprise collaboration software is the highest in
North America owing to the early adoption of technologies and business
productivity optimization. The cloud deployment mode offers enterprises
to opt for SaaS on a subscription basis rather than incurring costs on
hardware and infrastructure. The Asia Pacific region holds a huge
potential for the vendors and is expected to grow at the highest CAGR
during the forecast period 2018-2023.

The organization size includes large enterprises and SMEs. The large
enterprises are estimated to hold the significant market share in 2018,
however, SMEs are expected to grow at higher CAGR. The cloud migration
of SMEs is comparatively easier than large enterprises, which is driving
the growth of SaaS adoption. The organizations are deploying enterprise
collaboration software because of the increasing focus to expedite
business operations and strong work engagements from employees.

The industry verticals include BFSI, manufacturing, telecom and IT,
government, healthcare and life sciences, consumer goods and retail,
energy and utilities, and others. The network and software product
companies are competing in the market, focusing on the better value
proposition for the organizations in the better provision of
well-connected internal teams. BFSI, manufacturing, and telecom and IT
are the major contributors to the enterprise collaboration market growth.

Companies Featured in the Report

  • Cisco
  • Deskera
  • IBM
  • Jive Software
  • Microsoft
  • Salesforce
  • SAP
  • Slack
  • Smartsheet
  • Universe

Key Topics Covered

1 Industry Outlook

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Component: Market Size & Analysis

7 Deployment Mode: Market Size & Analysis

8 Organization Size: Market Size & Analysis

9 Vertical: Market Size & Analysis

10 Region: Market Size & Analysis

11 Vendor Profiles

12 Companies to Watch For

13 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/bqhx9z/global_outlook_on?w=4

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