Cloud Based Collaboration Software Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Report Code: ZMR-1837 | Report Format : | Status : Upcoming |

Abstract

Global Cloud Based Collaboration Software Market: Overview

In the software industry, the cloud based collaboration software plays an important role. The software is widely used by the software developers that work with source codes and with those who handle different types of programming language. Another advantage that is provided by the cloud based collaboration software is that it can integrate with several services that are provided by the third party such as drop box and Google Drive.

Global Cloud Based Collaboration Software Market: Segmentation

The market for cloud based collaboration software is fragmented into deployment model, service, solution, organization size, and vertical. Based on the deployment model, the market is segregated into private cloud, public cloud, and hybrid cloud. Depending on the service, the global market is categorized into platform-as-a-service, maintenance and support, software-as-a-service, and consulting. According to the solution, the market is bifurcated into project and team management, document management system, and enterprise social collaboration. Based on the organization size, the market is divided into large enterprises and small and medium enterprises. Depending on the verticals, the market is segmented into BFSI, government, media and entertainment, retail, manufacturing, IT and telecom, and others.

Global Cloud Based Collaboration Software Market: Growth Factors

The major factor that is driving the cloud based collaboration software market is the growth in the number of enterprises that are implementing services of cloud based collaboration software which includes software-as-a-service (SaaS). The enterprises are implementing cloud based collaboration software in order to improve their operational efficiency owing to the trend of bring your own devices and mobility. The major benefit of this technology is that it ensures that the complete documentations are retained in the same place so that the track of different versions of attachments is kept. Low cost and workforce productivity are other factors that are fuelling the growth of the market positively. High internet dependency and lack of data security are some factors that are restraining the growth of the market.

Global Cloud Based Collaboration Software Market: Regional Analysis

The geographical segmentation of the cloud based collaboration software market is diversified into Eastern Europe, Asia Pacific, the Middle East and Africa, North America, Western Europe, and Latin America. In the current scenario, North America is dominating the cloud based collaboration software market by holding large market share. The factor that is favoring to the market growth in the North American region is the existence of a large number of service providers. The regions such as Asia Pacific and Europe are experiencing an exponential market growth. Factors that are contributing to this growth are the increasing penetration of the technology in different sectors and the inclination towards offering better services to the customers fuel the growth of the market.

Global Cloud Based Collaboration Software Market: Competitive Players

The key market players that are involved in the cloud based collaboration software market are Google, Aspect Software, Oracle, Jive Software Inc., Box Inc., Microsoft Corp., Slack Technologies Inc., Cisco Systems, Salesforce.com Inc., and Mitel Networks Corporation.

Global Cloud Based Collaboration Software Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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