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Cloud Collaboration Market Growth, Size Trends and Forecasts 2016-2020

According to the report, one of the key drivers for market growth will be increased internet penetration and speed. Governments worldwide are promoting the use of the internet.
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Global Cloud Collaboration Market Share, Size, Emerging Trends and
Growth, Global Insights, Analysis and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Cloud Collaboration Market 20162020
Technavio recognizes the following companies as the key players in the global cloud collaboration
market: Cisco Systems, Google, IBM, Microsoft, Mitel, and Salesforce.
Other Prominent Vendors in the market are: 8x8, Aastra Technologies, Broadsoft, Configure, Corex, CSC,
Damovo, Dell, Genesys Telecommunications Laboratories, Hewlett-Packard, Huawei Technologies,
Interactive Intelligence, ITALTEL, Juniper Networks, Logitech International, Mindtree, Orange, Polycom,
RingCentral, ShoreTel, and Toshiba.
Browse full report with [email protected]
Commenting on the report, an analyst from Technavio’ s team said: “One of the key trends for market
growth will be virtualizing the workspaces. Organizations' have increased their focus on virtualizing IT
workspaces. Workforce requires flexible and dynamic digital workspaces that offer a personal
experience and flexibility in mobility. The employees need various communication models such as
calling, messaging, video conferencing, and transaction and information systems along with
collaboration and interactive systems. So, firms are slowly replacing traditional desktop and cabin
models and embracing virtual workspaces that provide flexibility while controlling costs and maintaining
security. Cloud collaboration modernize the IT virtual infrastructure so that the user can experience the
borderless flow of information with seamless communication technology.
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According to the report, one of the key drivers for market growth will be increased internet penetration
and speed. Governments worldwide are promoting the use of the internet. In 2015, the global
population was 7.21 billion, out of which around 3.01 billion, or 42% of the world population, were
active internet users. Among the active users, 94% access the internet through their mobile phones for
business and personal purposes. APAC has more internet users than other regions because of China and
India, which are highly populated countries.
Further, the report states that data security and privacy will be a challenge for the market. The
popularity of cloud collaboration lies in its cost-effectiveness and compatibility within any web
browsers. Earlier, companies avoided using video conferencing due to its high price-point. However, the
same feature has made businesses worried about the internet security. They fear hackers might gain
access to the video client in the conference and gain access to private networks.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Cloud Collaboration
Enterprises are integrating communication tools such as text messaging, video conferencing, voice
messaging, and mobility features to enhance their communication technology and exchange of
information for better collaboration. Cloud collaboration helps share and co-author digital files through
cloud computing. The implementation of a collaborative solution helped businesses in better
communications and boosted productivity.
Technavio’ s analysts forecast the global cloud collaboration market to grow at a CAGR of 11.09% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud collaboration
market for 2016-2020. To calculate the market size, the report covers the present scenario and
prospects of the global cloud collaboration market for the period 2016-2020. It also details the major
drivers of the market and outlines the challenges faced by vendors and the market at large, as well as
the key emerging trends in the market.
The market is divided into the following segments based on geography:
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• Americas
Technavio's report, Global Cloud Collaboration Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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