Enterprise Collaboration Market to 2023 Growing Steady at 11.6% CAGR and Projected to Reach US$ 59.86 Billion

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Enterprise Collaboration Market 2018-2023 report tells the market value in Next Few Years and report shows the whole scenario of enterprise collaboration industry.

Global Enterprise Collaboration Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

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Browse and In-depth Table of Content on Enterprise Collaboration Market
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The Enterprise Collaboration Market is projected to grow from US$ 34.57 Billion in 2018 to US$ 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.

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.

Among verticals, the IT & telecommunication segment is expected to lead the enterprise collaboration market in 2018.
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 Asia Pacific enterprise collaboration market is projected to grow at the highest CAGR during the forecast period.
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. Moreover, small & medium enterprises across various countries such as Australia, Malaysia, Japan, and Singapore are investing in information technology to compete, secure, and capture digital opportunities from the market.

Top Key Players in the Enterprise Collaboration Market include 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)

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The Study Objectives of this report are:
To profile the key players operating in the market and comprehensively analyze their core competencies
To forecast the size of the market and its segments in 5 main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
To define, describe, and forecast the market based on component, organization size, deployment type, vertical, and region
To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
To analyze micromarkets with respect to individual growth trends and their contribution towards the overall market
To provide a detailed competitive landscape of the market, along with an analysis of business and corporate strategies to track and analyze competitive developments such as expansions; agreements, collaborations, and partnerships; acquisitions; and new product launches and product enhancements

Target Audience for Enterprise Collaboration Market :
System Integrators
Enterprise Collaboration Service Providers
Enterprise Collaboration Software Vendors
Value-added Resellers
Enterprise Collaboration System Investors
Cloud Vendors
Consultants/Advisory Firms
Government Organizations

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Release ID: 490326

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