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PUBLISHER: IMARC | PRODUCT CODE: 1370419
PUBLISHER: IMARC | PRODUCT CODE: 1370419
Cloud Collaboration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
Market Overview:
The global cloud collaboration market size reached US$ 42.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.77% during 2023-2028.
Cloud collaboration refers to a communication system that enables users to work simultaneously on documents and other data types. It allows remote teams to collaborate and modify the documents in various ways, such as sharing, editing, uploading, commenting and collaborating. Enterprise social collaboration, document management system, unified communication and collaboration, support services and enterprise social collaboration are some of the commonly used cloud collaboration services. It assists in improving access to larger files, providing real-time updates and data access, streamlining workflow and scalability, reducing investments, and improving organizational communication and participation. As a result, cloud collaboration finds extensive applications across various industries, such as education, healthcare, media and entertainment, telecommunications and banking, financial services, and insurance (BFSI).
Cloud Collaboration Market Trends:
Significant growth in the information technology (IT) industry across the globe and the increasing automation trends are some of the key factors creating a positive outlook for the market. Cloud collaboration solutions offer high agility to organizations, while enabling easy data sharing among remote and virtual users, which, in turn, is supporting the market growth. In line with this, the increasing adoption of cloud-based data recovery systems and the integration of machine learning (ML) and artificial intelligence (AI) to efficiently manage communications and collaboration between teams is favoring the market growth. Moreover, the emergence of bring-your-own-devices (BYOD) and work from home (WFH) trends on account of the ongoing coronavirus disease (COVID-19) pandemic and the consequent mandatory implementation of lockdowns are providing an impetus to the market growth. Organizations are adopting video conferencing and team meeting solutions for allowing effective communication with partners, teammates, and customers. Additionally, the widespread adoption of unified communication and solutions to increase productivity, efficiency and unlock innovation by enabling virtual teams is positively impacting the market growth. Other factors, including the increasing demand for cloud collaboration in small- and medium-sized enterprises (SMEs) and extensive research and development (R&D) activities, are anticipated to drive the market further toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud collaboration market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on solution, deployment mode, organization size and end use industry.
Breakup by Solution:
Unified Communication and Collaboration
Enterprise Social Collaboration
Project and Team Management
Document Management System
Breakup by Deployment Mode:
Public Cloud
Private Cloud
Hybrid Cloud
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by End Use Industry:
BFSI
IT and Telecommunication
Media and Entertainment
Education
Healthcare and Life Sciences
Government and Public Sectors
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adobe Inc., Box Inc., Cisco Systems Inc., Citrix Systems Inc., Google LLC, International Business Machines Corporation, Intralinks Inc. (SS&C Technologies Inc.), Jive Software (Aurea Software Inc.), Microsoft Corporation, Mitel Networks Corporation, Oracle Corporation and Salesforce.com Inc.
Key Questions Answered in This Report
- 1. How big is the global cloud collaboration market?
- 2. What is the expected growth rate of the global cloud collaboration market during 2023-2028?
- 3. What are the key factors driving the global cloud collaboration market?
- 4. What has been the impact of COVID-19 on the global cloud collaboration market?
- 5. What is the breakup of the global cloud collaboration market based on the solution?
- 6. What is the breakup of the global cloud collaboration market based on the end use industry?
- 7. What are the key regions in the global cloud collaboration market?
- 8. Who are the key players/companies in the global cloud collaboration market?
Product Code: SR112023A5870
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cloud Collaboration Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Solution
- 6.1 Unified Communication and Collaboration
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Enterprise Social Collaboration
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Project and Team Management
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Document Management System
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Deployment Mode
- 7.1 Public Cloud
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Private Cloud
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hybrid Cloud
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Organization Size
- 8.1 Small and Medium-sized Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Large Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End Use Industry
- 9.1 BFSI
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 IT and Telecommunication
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Media and Entertainment
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Education
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Healthcare and Life Sciences
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Government and Public Sectors
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Others
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Adobe Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Box Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 Cisco Systems Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Citrix Systems Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Google LLC
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 International Business Machines Corporation
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Intralinks Inc. (SS&C Technologies Inc.)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Jive Software (Aurea Software Inc.)
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Microsoft Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Mitel Networks Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Oracle Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Salesforce.com Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.1 Adobe Inc.
Product Code: SR112023A5870
List of Figures
- Figure 1: Global: Cloud Collaboration Market: Major Drivers and Challenges
- Figure 2: Global: Cloud Collaboration Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Cloud Collaboration Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Cloud Collaboration Market: Breakup by Solution (in %), 2022
- Figure 5: Global: Cloud Collaboration Market: Breakup by Deployment Mode (in %), 2022
- Figure 6: Global: Cloud Collaboration Market: Breakup by Organization Size (in %), 2022
- Figure 7: Global: Cloud Collaboration Market: Breakup by End Use Industry (in %), 2022
- Figure 8: Global: Cloud Collaboration Market: Breakup by Region (in %), 2022
- Figure 9: Global: Cloud Collaboration (Unified Communication and Collaboration) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Cloud Collaboration (Unified Communication and Collaboration) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Cloud Collaboration (Enterprise Social Collaboration) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Cloud Collaboration (Enterprise Social Collaboration) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Cloud Collaboration (Project and Team Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Cloud Collaboration (Project and Team Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Cloud Collaboration (Document Management System) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Cloud Collaboration (Document Management System) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Cloud Collaboration (Public Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Cloud Collaboration (Public Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Cloud Collaboration (Private Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Cloud Collaboration (Private Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Cloud Collaboration (Hybrid Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Cloud Collaboration (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Cloud Collaboration (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Cloud Collaboration (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Cloud Collaboration (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Cloud Collaboration (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Cloud Collaboration (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Cloud Collaboration (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Cloud Collaboration (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Cloud Collaboration (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Cloud Collaboration (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Cloud Collaboration (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Cloud Collaboration (Education) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Cloud Collaboration (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Cloud Collaboration (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Cloud Collaboration (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Cloud Collaboration (Government and Public Sectors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Cloud Collaboration (Government and Public Sectors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Cloud Collaboration (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Cloud Collaboration (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: North America: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: North America: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: United States: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: United States: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Canada: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Canada: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Asia-Pacific: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Asia-Pacific: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: China: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: China: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Japan: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Japan: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: India: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: India: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: South Korea: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: South Korea: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Australia: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Australia: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Indonesia: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Indonesia: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Others: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Others: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Europe: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Europe: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Germany: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Germany: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: France: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: France: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: United Kingdom: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: United Kingdom: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Italy: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Italy: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Spain: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Spain: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Russia: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Russia: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Latin America: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Latin America: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Brazil: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Brazil: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Mexico: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Mexico: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Others: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Others: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Middle East and Africa: Cloud Collaboration Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Middle East and Africa: Cloud Collaboration Market: Breakup by Country (in %), 2022
- Figure 89: Middle East and Africa: Cloud Collaboration Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Global: Cloud Collaboration Industry: SWOT Analysis
- Figure 91: Global: Cloud Collaboration Industry: Value Chain Analysis
- Figure 92: Global: Cloud Collaboration Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cloud Collaboration Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Cloud Collaboration Market Forecast: Breakup by Solution (in Million US$), 2023-2028
- Table 3: Global: Cloud Collaboration Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
- Table 4: Global: Cloud Collaboration Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
- Table 5: Global: Cloud Collaboration Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 6: Global: Cloud Collaboration Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Cloud Collaboration Market: Competitive Structure
- Table 8: Global: Cloud Collaboration Market: Key Players
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