Enterprise Collaboration Service Market

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ENTERPRISE COLLABORATION SERVICE MARKET
ANALYSIS

• Enterprise Collaboration Service Market, By
  Solution (Messaging (Video Conferencing, Contact
  Centre) and Mobility/Telephony (Collaborative
  Tool), By Deployment (On Premise, Off Premise and
  Hybrid), By Type (Hardware, Software, Services,
  Consulting, Integration and Maintenance), By
  End-Use Industry (Banking, Financial services and
  Insurance (BFSI),Retail, Healthcare, Government,
  Education, Information Technology, Media and
  Entertainment, Other (Transportation and
  Manufacturing))  and by Region (North America,
  Europe, Asia Pacific, Latin America, Middle East
  and Africa) - Size, Share, Outlook, and
  Opportunity Analysis, 2019 - 2027

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• Market Overview
• The global enterprise collaboration service
  market was valued for US 34.52 Bn in 2019 and
  expected to reach US 76.86 Bn by 2027.
• Market Drivers
• Growing demand for enterprise mobility and mobile
  workforce is expected to drive growth of the
  global enterprise collaboration service market
  during the forecast period
• Increasing penetration of mobile devices is
  expected to propel the global enterprise
  collaboration service market growth over the
  forecast period

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Figure 1. Market Share
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Market Dynamics Restraints

• Concerns regarding security of data are expected
  to restrain growth of the global enterprise
  collaboration service market during the forecast
  period
• High cost of implementation is expected to hamper
  the global enterprise collaboration service
  market growth over the forecast period

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Market Opportunities

• Increasing social business collaborations is
  expected to present lucrative growth
  opportunities
• High demand for AI across the globe is expected
  to provide major business opportunities

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Figure .2 Market Opportunity
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Market Trends   
Introduction of browser-based communication
solutions Comprehensive and prolonged management
service Segment information In global enterprise
collaboration service market, by Type segment,
the Software, sub-segment dominated the global
market in 2019, accounting for 42.9 share in
terms of value, followed by hardware and service
respectively.
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Figure 3. Market Share
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Competitive Section

• Key players operating in the global enterprise
  collaboration service market are Fuze Inc., Cisco
  Systems, Inc., GENBAND, Inc., IBM Corporation,
  Atlassian Corp PLC, Microsoft Corporation, Xura,
  Inc., Alcatel-Lucent SA (Nokia Networks), Vonage
  networks LLC, Unify, Inc. (Atos SE), Tropo, Inc.,
  Hewlett-Packard Development Company, L.P., Cafex
  Communications Inc., Mitel Networks Corporation,
  ShoreTel Inc., Polycom, Inc., and 8x8, Inc.

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