DUBLIN--(BUSINESS WIRE)--The "Enterprise Collaboration Market by Component (Solutions (Enterprise Video, Enterprise Social Network, Project Management & Analytics, Unified Messaging), Services), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The enterprise collaboration market is projected to grow from USD 34.57 billion in 2018 to USD 59.86 billion by 2023, at a CAGR of 11.6% from 2018 to 2023
Factors such as widespread use of social networking websites and increasing usage of mobile devices for collaboration are expected to fuel the growth of the enterprise collaboration market across the globe. However, the high cost of implementation, difficulty in countering e-Discovery, and legal risks are key factors restraining the growth of the market.
Based on component, the solutions segment is expected to lead the enterprise collaboration market in 2018. Effective usage of enterprise collaboration solutions can result in increased knowledge sharing among employees, as well as, enhanced productivity in organizations.
The IT & telecommunication vertical segment is expected to lead the enterprise collaboration market in 2018. Significant adoption of video conferencing by end-customers of IT & telecommunication companies is expected to fuel the adoption of collaboration solutions in the coming years.
The enterprise collaboration market has been studied for North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Enterprise collaboration solutions are being adopted in the Asia Pacific region at a significant rate. The growth of the Asia Pacific enterprise collaboration market is primarily driven by the growing need for robust collaboration and enhanced decision-making in organizations.
Key vendors profiled in this report on the enterprise collaboration market are:
- Adobe Systems (US)
- Atlassian (Australia)
- Cisco Systems (US)
- Facebook (US)
- Google (US)
- IBM (US)
- Igloo Software (Canada)
- Jive Software (US)
- Microsoft (US)
- Mitel Networks (Canada)
- Salesforce.com (US)
- SAP (Germany)
- Slack Technologies (US)
- TIBCO Software (US)
- VMware (US)
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Enterprise Collaboration Market, By Component
7 Market By Deployment Type
8 Market By Organization Size
9 Enterprise Collaboration Market, By Vertical
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/c9fq3j/59_86_billion?w=4