Cloud Collaboration Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Collaboration Trends and Forecast

The future of the global cloud collaboration market looks promising with opportunities in the BFSI, government & education, healthcare, telecom & IT, retail, manufacturing, and media & entertainment markets. The global cloud collaboration market is expected to reach an estimated $97.7 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing demand for cloud collaboration in small- and medium-sized enterprises (SMEs), broad use of unified communication and productivity-boosting technologies, and growing use of artificial intelligence (AI) and machine learning (ML) in conjunction with cloud-based data recovery technologies to effectively manage team communications and collaboration.

A more than 150-page report is developed to help in your business decisions.

Cloud Collaboration by Segment

The study includes a forecast for the global cloud collaboration by deployment, end use industry, solution, organization size, and region.

Cloud Collaboration Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• Private
• Public
• Hybrid
• Others

Cloud Collaboration Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Government & Education
• Healthcare
• Telecom & IT
• Retail
• Manufacturing
• Media & Entertainment
• Others

Cloud Collaboration Market by Solution [Shipment Analysis by Value from 2018 to 2030]:

• Unified Communication and Collaboration
• Enterprise Social Collaboration
• Project and Team Management
• Document Management System

Cloud Collaboration Market by Organization Size [Shipment Analysis by Value from 2018 to 2030]:

• Small and Medium-Sized Enterprises
• Large Enterprises

Cloud Collaboration Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Collaboration Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud collaboration companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud collaboration companies profiled in this report include-

• Oracle
• Box
• Mitel Networks
• IBM
• IntraLinks Holdings
• Microsoft
• Cisco
• Salesforce.com
• Jive
• Google

Cloud Collaboration Market Insights

Lucintel forecasts that public is expected to witness the highest growth over the forecast period because the public cloud services can be used for free or at a cost based on usage, and the shared cloud services are less expensive than private cloud services since they allow several users to share the cloud.

North America will remain the largest region over the forecast period because of large number of distributors of cloud-based solutions, increasing adoption of technology and the need for businesses to differentiate themselves from competitors by offering superior customer experiences in this region.

Features of the Global Cloud Collaboration Market

Market Size Estimates: Cloud collaboration market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud collaboration market size by various segments, such as by deployment, end use industry, solution, organization size, and region in terms of value ($B).

Regional Analysis: Cloud collaboration market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment, end use industry, solution, organization size, and regions for the cloud collaboration market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud collaboration market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the cloud collaboration market size?

Answer: The global cloud collaboration market is expected to reach an estimated $97.7 billion by 2030.

Q2. What is the growth forecast for cloud collaboration market?

Answer: The global cloud collaboration market is expected to grow with a CAGR of 12.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cloud collaboration market?

Answer: The major drivers for this market are increasing demand for cloud collaboration in small- and medium-sized enterprises (SMEs), broad use of unified communication and productivity-boosting technologies and growing use of artificial intelligence (AI) and machine learning (ML) in conjunction with cloud-based data recovery technologies to effectively manage team communications and collaboration.

Q4. What are the major segments for cloud collaboration market?

Answer: The future of the cloud collaboration market looks promising with opportunities in the BFSI, government & education, healthcare, telecom & IT, retail, manufacturing, and media & entertainment markets.

Q5. Who are the key cloud collaboration market companies?

Answer: Some of the key cloud collaboration companies are as follows:

• Oracle
• Box
• Mitel Networks
• IBM
• IntraLinks Holdings
• Microsoft
• Cisco
• Salesforce.com
• Jive
• Google

Q6. Which cloud collaboration market segment will be the largest in future?

Answer: Lucintel forecasts that public is expected to witness the highest growth over the forecast period because the public cloud services can be used for free or at a cost based on usage, and the shared cloud services are less expensive than private cloud services since they allow several users to share the cloud.

Q7. In cloud collaboration market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period because of large number of distributors of cloud-based solutions, increasing adoption of technology and the need for businesses to differentiate themselves from competitors by offering superior customer experiences in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cloud collaboration market by deployment (private, public, hybrid, and others), end use industry (BFSI, government & education, healthcare, telecom & IT, retail, manufacturing, media & entertainment, and others), solution (unified communication and collaboration, enterprise social collaboration, project and team management, and document management system), organization size (small and medium-sized enterprises and large enterprises), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?