What is Social Collaboration Software?
Social collaboration software (SCS) is mainly used by a company’s employees for communication and collaboration. It covers all social networking platforms. This software utilizes different solutions to build team for different projects & communication with managing daily routine activities. This social collaboration software offers number of project management features and tools. This features are used by employees for video, phone communication, documents and data sharing. Team members use this solution to share files with security and privacy. It is a massive platform which handle everything ranging from knowledge management to enterprise application development. Organisations are mainly looking for an enterprises collaboration solution which are efficient & safe to manage their data and routine activities. Companies uses this social collaboration tools to communicate one-to-one, one-to-many, & many-to-one commination. This software are further customized for customer-focused, process-focused, messaging-focused, and combination of these. Social collaboration software is a single platform which is able to serve an entire enterprise, department, or team by providing merge solutions which creates a collaborative, virtual work environment.
The market study is broken down, by Application (Project Management, Social Networking, Conferencing and Others) and major geographies with country level break-up.
The market of Social collaboration software is expected to grow with rising demand for managing all activities at number of industries. Market specifically witnessing huge demand owing to rising demand to manage day to day collaborative activities in different organisation. There are various companies are operating in the market to provides excellent Social collaboration software. Social collaboration software has huge potential for growth as the demand is continue to rise. Major players in the industry are gaining attention from the market. There are various market players are entering in this industry to capture market growth opportunities. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry.
Salesforce (United States), IBM (United States), Wrike, Inc. (United States), SAP SE (Germany), Monday.com (United States), Websystems, Inc. (France), Zoho Corporation Pvt. Ltd. (India), Asana (United States), Cisco Systems Inc. (United States), Google LLC (United States), TeamViewer GmbH (Germany), Zoom Video Communications, Inc. (United States) and Ryver, Inc. (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Social Collaboration Software market by Type, Application and Region.
On the basis of geography, the market of Social Collaboration Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Enterprise Communication will boost the Social Collaboration Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Social Collaboration Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Social Collaboration Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size, the sub-segment i.e. SMEs will boost the Social Collaboration Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In March 2021, Facebook has launched a range of new remote collaboration tools “Workplace Room” for the company's professional Workplace platform. Workplace Room comprises of video chat Rooms and new ways to connect via Portal. It is secure for coworkers to stay connected in their routinely activities. It’s a meeting space having capacity of to 50 people to a video call even if they’re not in company or don’t have a Workplace account. Owing to this launch, company is able to gain attention from number of organisations and educational institutes.
- Inclination towards Work from Home Concept
- Preference for the Use of Sophisticated Set of Computations Software for Routinely Organisational Activities
- Rising Necessity for Streamlining Business Process Flows
- Growing Adoption of Wireless Devices to Reduce Maintenance Cost
- Technological Advancements with AI & Machine Learning Has Created Ample Opportunities
- High Cost Associated with Installation & Technical Issue associated with Software Handling
Key Target AudienceSocial Collaboration Software Manufacturers/Suppliers/Distributor, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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