Cloud Collaboration Market - Global Forecast to 2021 - New Study Released

Emerging trend of mobility and Bring-Your-Own-Device (BYOD) is driving the cloud collaboration market. The cloud collaboration market size is estimated to grow from $23.39 billion in 2016 to $42.57 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.7% from 2016 to 2021. The cloud collaboration market is driven by factors such as emerging trend of mobility & BYOD and increased saving, safety, and productivity. Complete report on cloud collaboration market spread across 138 pages, profiling 10 companies and supported with 64 tables and 55 figures is now available at .

Latin America is expected to grow at the highest rate during the forecast period. Latin America offers potential growth opportunities due to the explosion of new technologies combined with increasing business needs and increase in the number of organizations adopting cloud collaboration solutions and services.

North America is expected to dominate the cloud collaboration market by having the largest market share due to presence of a large number of cloud collaboration vendors.

Unified communication & collaboration solution is expected to have the largest market share in the cloud collaboration solution market during the forecast period. Among verticals, the BFSI vertical is expected to contribute largest market share in the cloud collaboration market.

The enterprise social collaboration solution is expected to gain the maximum traction during the forecast period. Enterprise social collaboration solution is expected to grow at the highest rate during the forecast period as it aims at connecting employees across teams and enterprises. It enables teamwork and exchange of knowledge and ideas to enhance business results. The increasing usage of smart phones and digital devices has enabled the users to connect with anyone in real-time from any remote area, which results in improved decision making. Get sample report at .

Key Target Audience:

1.       Cloud solution providers

2.       Government agencies

3.       System integrators/migration service providers

4.       Consultants/consultancies/advisory firms

5.       Internet application developers and service providers

6.       Support and maintenance service providers

7.       Telecommunication service providers

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (30%) and Tier 3 (50%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (25%), Director Level (35%) and others (40%) from various key organizations operating in the cloud collaboration market. The primary interviews were conducted worldwide covering regions such as North America (52%), Europe (23%), APAC (15%) and RoW (10%).

The various key cloud collaboration vendors profiled in the report are IBM Corporation (Armonk, New York, U.S.), Microsoft Corporation (Redmond, Washington, U.S.), Cisco Systems (San Jose, California, U.S.), Google Inc. (Mountain View, California, U.S.), Oracle Corporation (Redwood City, California, U.S.), (San Francisco, California, U.S.), Jive Software (Palo Alto, California, U.S.), Intralink Holdings, Inc. (New York, U.S.), Mitel Networks (Ottawa, Canada) and Box (Redwood City, California, U.S.). For More Info Make an Inquiry onCloud Collaboration Market by Solution & Service (UCC, Document Management System, Project and Team Management, Enterprise Social Collaboration & Training, Consulting and Integration and Support and Maintenance), by Region - Global Forecast to 2021” research report at .

On a related note, another research titled Cloud Managed Services Market Global Forecast to 2021 says, the cloud managed services market size is estimated to grow from USD 35.54 billion in 2016 to USD 76.73 billion by 2021, at an estimated CAGR of 16.6% from 2016 to 2021. Asia-Pacific is witnessing the high growth potential during the forecast period. North America holds the largest market share in 2016 while APAC is the fastest-growing region in terms of CAGR. Companies like IBM Corporation, Cisco Systems, Ericsson, Accenture Plc., Alcatel-Lucent, Ntt Data, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies and NEC Corporation have been profiled in this 134 pages research report available at .

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