Enterprise collaboration is defined as the platform wherein different organizations and workers can partake in correspondence between different departments and enterprises, providing users with all of the tools required for interacting with each other. This platform is also responsible for organizing various different programs which helps in blending of different enterprises.
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The main factors behind the growth of the market are:
The market is segmented on the basis of component as solutions, services; deployment type as cloud, on-premises; organization size as large enterprises, small enterprises, medium enterprises; vertical as IT & telecommunications, BFSI, public sector, power & utilities, education, healthcare, retail & consumer goods, travel & hospitality, transportation & logistics, others.
Some of the key market developments are as follows:
“According to Data Bridge Market Research, global enterprise collaboration market is expected to be growing at a healthy CAGR of 11.54% during the forecast period of 2019 to 2026”
Some of the major players operating in the market are Microsoft, Huawei Technologies Co. Ltd., VMware, Inc, Adobe, Mitel Network Corp, Atlassian, SAP SE, Slack TIBCO Software Inc, Plantronics, Inc.Salesforce.com Inc., IBM Corp., Cisco System Inc., Zoho Corporation Pvt. Ltd., Jive Software, Axero Solutions, LLC., Igloo Software., GlobalLogic, Smartsheet Inc., Deskera among others.
With the significant utilization of artificial intelligence (AI) and its large-scale penetration in various different systems and technologies the affected markets are witnessing the large-scale positive impacts that are associated with integrating AI in their product offerings. And this opportunity is being positively embraced by various solutions provider of enterprise collaboration platforms which helps them in providing a streamlined service model. This trend is expected to have a positive impact on demands of enterprise collaboration platform as it enhances the quality of service being provided to the customers.
Global Enterprise Collaboration Market - Industry Trends and Forecast to 2026