Market Research Report
North America Cloud Collaboration Market Forecast 2019-2028
|North America Cloud Collaboration Market Forecast 2019-2028|
Published: April 27, 2020
Content info: 113 Pages
Delivery time: 2-3 business days
The North America cloud collaboration market is estimated to project a CAGR of 12.89% during the forecast period, 2019-2028. The presence of eminent startups with BYOD policy and freedom for employees has impacted the cloud collaboration market growth in the region in a huge manner. This has further increased the need for cloud collaboration systems for tracking real-time progress and document it, which is estimated to impact the market growth in the region. At the same time, stringent government regulations are resulting in companies providing secure cloud solutions.
The North America cloud collaboration market growth analysis entails the market assessment of Canada and the United States. When it comes to information technology investments, projects, strategies, and initiatives, projects, and strategies, the Canadian government abides by the 'cloud-first' strategy. It would help in harnessing the innovation of private-sector providers so as to make its information technology agile. Therefore, the growing cloud services are estimated to lead to significant opportunities for the cloud collaboration market. The growth of consumer product markets is fueled by internet retailing. The health and wellness trend has supplemented the development of high-end grocery sales. The retailers are working on integrating online and offline strategies, raising the demand for enhanced communication channels between the staff, for ensuring a smooth and seamless customer experience. The country also houses a thriving e-commerce sector. Moreover, the companies in the North American region are involved in acquisitions and mergers for leveraging the rising demand for the cloud collaboration market. Such factors are predicted to impact market growth.
Some of the renowned companies registering their presence in the market include, HighQ Solutions Limited, IBM Corporation, Oracle Corporation, Cisco Systems Inc, Box Inc, etc.
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