Scope of the Study
The collaboration software provides the suite of social collaboration, communication, and management tools for the team. These allows the employees to work on a document and other data types at the same time. The employees of the organisation can share the projects, and edit through cloud based collaboration platform. It starts when one person creates the documents which is shared to other individuals. Collaboration software provides various features such as the option to see who else is viewing the document and communication facility.
The market study is being classified, by Application (Document management, Project management, Real time editing and Others) and major geographies with country level break-up.
Google (United States), Microsoft (United States), Oracle (United States), Zoho (India), Atlassian (Australia), Pro workflow (United States), Same page (United States), Miro (United States), Smartsheet (United States) and Slack (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Wrike (United States), Bitrix24 (United States), Nulab (Japan), Drop box (United States) and Asana (United States).
The market of Cloud based collaboration software consists of major as well as emerging players. Due to availability of many large and small players they are trying to gain a competitive edge in the market through product and technology launch, strategic partnership, acquisition, expansion, and collaboration. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cloud Based Collaboration Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Cloud Based Collaboration Software market by Type, Application and Region.
On the basis of geography, the market of Cloud Based 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Enhancement in productivity as the tasks are streamlined
- Benefits such as convenient and on demand network access to files are fuelling the market growth
- Rising adoption of cloud based services in Small and medium enterprises
- Risks associated with the security may hamper the market
- Growing popularity of e learning as the higher education is adopting cloud computing
- Reduction in personal contact which affects the communication
- Challenges created with work life balance if used incorrectly
Market Leaders and their expansionary development strategies
On October 2019, Microsoft has acquired Mover which is a platform to move files, streamlines the process of transferring userís data to cloud. and On September 2019, Microsoft has acquired Movere, which is a SaaS based platform that is used for capturing, integrating and analyzing the data.
Key Target AudienceVirtual Reality (VR) Software Providers, Government Regulatory Bodies, Government Research Organisations, Private Research Organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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