PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129122
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129122
Enterprise Collaboration Services Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Key Market Insights
"The growing popularity of 5G & IoT technology will spur the market growth"
The global enterprise collaboration services market is growing competently, and accounted for US$ 41.10 Bn in 2021 and is expected to grow at a CAGR of 8.5% throughout the forecast period 2022 to 2030.
Enterprise collaboration services market is presently seeing a rush towards innovation, which has led to several new methodologies that have actual latency of a digital workplace breakthrough. The demand for cloud-based enterprise collaboration services is growing in organizations, due to its scalability functions. Artificial intelligence, 5G technology, Internet of Things, and data collaboration are changing the way that enterprises conduct business.
The growing popularity of smartphones, and cloud technology among others are some of the major driving factors of the market and create a promising impact on the growth of enterprise collaboration services market. However, usage of many collaboration tools leads to security apprehensions in data collaboration, as many tools are comprehended, which makes it difficult for organizations to keep the data and information safe from an impending risk, which is a major challenge for the market.
Service Type Analysis
"Adoption of managed services due to the benefits offered will spur the market growth"
The managed services segment is the major revenue contributor with more than 60% of market share. These are services offered by the third-party service provider which aids in managing operational challenges of businesses. Managed services provide various benefits including increasing overall revenue, risk protection, reduced costs, and improving employee performance. Organizations are adopting managed services in order to overcome certain challenges including budget constraints and technical expertise, which can be overcome easily using services of managed service providers.
Regional Analysis
"Increasing adoption of technologically advanced solutions including Cloud, Artificial Intelligence and IoT holds the U.S. in dominant position"
In 2021, North America dominated the enterprise collaboration services market with more than 30% of revenue share. North America is projected to grow steadily throughout the forecast period. This is due to an increase in the adoption of cloud, big data, and other (AI) technologies. Companies in North America are advancing outside the public cloud and are pacing towards new age of hybrid IT, which is a combination of modern IT, private cloud, and public cloud.
In contrast, the Asia Pacific region is set to record the highest growth during the forecast period. Owing to the emerging demand for robust collaboration and improved decision-making athwart organizations. Many technological service providers in the region are collaborating with solution providers in order to augment and provide customized offerings as per the business requirements of clients.
List of Companies Covered:
Microsoft Corporation
Facebook, Inc.
Google, Inc.
Zoho Corporation
IBM Corporation
Adobe Systems, Inc.
Salesforce.com, Inc.
Cisco Systems, Inc.
SAP SE
Fuze
Key Industry Development:
In May 2019, Lenovo launched a handful of new devices including ThinkPad, ThinkBook, and ThinkReality among others. These devices help the businesses to work on a solutions-based approach, comprising both software and hardware.
In September 2018, Apple and Salesforce.com entered into a partnership agreement, to bring together iOS and salesforce's CRM to enable new applications for businesses.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Enterprise Collaboration Services market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Enterprise Collaboration Services market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Service
Professional Services
Managed Services
Deployment Mode
Cloud
On-premise
Organization Size
Large Enterprises
SMEs
End-use Vertical
BFSI
IT & Telecom
Aerospace & Defense
Manufacturing
Retail
Transport
Others (Automotive, Education)
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Enterprise Collaboration Services market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Enterprise Collaboration Services market?
Which is the largest regional market for Enterprise Collaboration Services market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Enterprise Collaboration Services market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Enterprise Collaboration Services market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Enterprise Collaboration Services Market
- 2.2. Global Enterprise Collaboration Services Market, By Service, 2021 (US$ Million)
- 2.3. Global Enterprise Collaboration Services Market, By Deployment Mode, 2021 (US$ Million)
- 2.4. Global Enterprise Collaboration Services Market, By Organization Size, 2021 (US$ Million)
- 2.5. Global Enterprise Collaboration Services Market, By End-use Vertical, 2021 (US$ Million)
- 2.6. Global Enterprise Collaboration Services Market, By Geography, 2021 (US$ Million)
- 2.7. Impact of Covid 19
- 2.8. Attractive Investment Proposition by Geography, 2021
- 2.9. Competitive Analysis
- 2.9.1. Market Positioning of Key Enterprise Collaboration Services Market Vendors
- 2.9.2. Strategies Adopted by Enterprise Collaboration Services Market Vendors
- 2.9.3. Key Industry Strategies
3. Enterprise Collaboration Services Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Enterprise Collaboration Services Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Professional Services
- 4.3.2. Managed Services
5. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Cloud
- 5.3.2. On-premise
6. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Large Enterprises
- 6.3.2. SMEs
7. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. BFSI
- 7.3.2. IT & Telecom
- 7.3.3. Aerospace & Defense
- 7.3.4. Manufacturing
- 7.3.5. Retail
- 7.3.6. Transport
- 7.3.7. Others (Automotive, Education)
8. North America Enterprise Collaboration Services Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 8.3. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 8.4. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 8.5. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 8.6.Enterprise Collaboration Services Market: By Region, 2020-2030, USD (Million)
- 8.6.1.North America
- 8.6.1.1. U.S.
- 8.6.1.2. Canada
- 8.6.1.3. Rest of North America
- 8.6.1.North America
9. UK and European Union Enterprise Collaboration Services Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 9.3. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 9.4. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 9.5. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 9.6.Enterprise Collaboration Services Market: By Region, 2020-2030, USD (Million)
- 9.6.1.UK and European Union
- 9.6.1.1. UK
- 9.6.1.2. Germany
- 9.6.1.3. Spain
- 9.6.1.4. Italy
- 9.6.1.5. France
- 9.6.1.6. Rest of Europe
- 9.6.1.UK and European Union
10. Asia Pacific Enterprise Collaboration Services Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 10.3. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 10.4. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 10.5. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 10.6.Enterprise Collaboration Services Market: By Region, 2020-2030, USD (Million)
- 10.6.1.Asia Pacific
- 10.6.1.1. China
- 10.6.1.2. Japan
- 10.6.1.3. India
- 10.6.1.4. Australia
- 10.6.1.5. South Korea
- 10.6.1.6. Rest of Asia Pacific
- 10.6.1.Asia Pacific
11. Latin America Enterprise Collaboration Services Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 11.3. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 11.4. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 11.5. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 11.6.Enterprise Collaboration Services Market: By Region, 2020-2030, USD (Million)
- 11.6.1.Latin America
- 11.6.1.1. Brazil
- 11.6.1.2. Mexico
- 11.6.1.3. Rest of Latin America
- 11.6.1.Latin America
12. Middle East and Africa Enterprise Collaboration Services Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Enterprise Collaboration Services Market: By Service, 2020-2030, USD (Million)
- 12.3. Enterprise Collaboration Services Market: By Deployment Mode, 2020-2030, USD (Million)
- 12.4. Enterprise Collaboration Services Market: By Organization Size, 2020-2030, USD (Million)
- 12.5. Enterprise Collaboration Services Market: By End-use Vertical, 2020-2030, USD (Million)
- 12.6.Enterprise Collaboration Services Market: By Region, 2020-2030, USD (Million)
- 12.6.1.Middle East and Africa
- 12.6.1.1. GCC
- 12.6.1.2. Africa
- 12.6.1.3. Rest of Middle East and Africa
- 12.6.1.Middle East and Africa
13. Company Profile
- 13.1. Microsoft Corporation
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Facebook, Inc.
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Google, Inc.
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Zoho Corporation
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. IBM Corporation
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Adobe Systems, Inc.
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Salesforce.com, Inc.
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Cisco Systems, Inc.
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. SAP SE
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. Fuze
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 2 Global Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 3 Global Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 4 Global Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 5 North America Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 6 North America Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 7 North America Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 8 North America Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 10 UK and European Union Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 11 UK and European Union Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 12 UK and European Union Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 13 Asia Pacific Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 14 Asia Pacific Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 15 Asia Pacific Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 16 Asia Pacific Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 17 Latin America Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 18 Latin America Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 19 Latin America Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 20 Latin America Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
- TABLE 21 Middle East and Africa Enterprise Collaboration Services Market By Service, 2020-2030, USD (Million)
- TABLE 22 Middle East and Africa Enterprise Collaboration Services Market By Deployment Mode, 2020-2030, USD (Million)
- TABLE 23 Middle East and Africa Enterprise Collaboration Services Market By Organization Size, 2020-2030, USD (Million)
- TABLE 24 Middle East and Africa Enterprise Collaboration Services Market By End-use Vertical, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Enterprise Collaboration Services Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Enterprise Collaboration Services Market: Quality Assurance
- FIG. 5 Global Enterprise Collaboration Services Market, By Service, 2021
- FIG. 6 Global Enterprise Collaboration Services Market, By Deployment Mode, 2021
- FIG. 7 Global Enterprise Collaboration Services Market, By Organization Size, 2021
- FIG. 8 Global Enterprise Collaboration Services Market, By End-use Vertical, 2021
- FIG. 9 Global Enterprise Collaboration Services Market, By Geography, 2021
- FIG. 10 Global Enterprise Collaboration Services Market, By Service, 2021 Vs 2030, %
- FIG. 11 Global Enterprise Collaboration Services Market, By Deployment Mode, 2021 Vs 2030, %
- FIG. 12 Global Enterprise Collaboration Services Market, By Organization Size, 2021 Vs 2030, %
- FIG. 13 Global Enterprise Collaboration Services Market, By End-use Vertical, 2021 Vs 2030, %
- FIG. 14 U.S. Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 15 Canada Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 16 Rest of North America Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 17 UK Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 18 Germany Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 19 Spain Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 20 Italy Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 21 France Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 22 Rest of Europe Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 23 China Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 24 Japan Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 25 India Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 26 Australia Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 27 South Korea Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Asia Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 29 Brazil Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 30 Mexico Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 31 Rest of Latin America Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 32 GCC Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 33 Africa Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
- FIG. 34 Rest of Middle East and Africa Enterprise Collaboration Services Market (US$ Million), 2020 - 2030
