Global Collaboration Tools Market: Size, Trends ...€¦ · The global collaboration tools market...

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Global Collaboration Tools Market: Size, Trends & Forecasts (2018-2022) June 2018

Transcript of Global Collaboration Tools Market: Size, Trends ...€¦ · The global collaboration tools market...

Page 1: Global Collaboration Tools Market: Size, Trends ...€¦ · The global collaboration tools market has increased with healthy growth rates over the past few years and is expected to

Global Collaboration Tools Market: Size, Trends & Forecasts

(2018-2022)

June 2018

Page 2: Global Collaboration Tools Market: Size, Trends ...€¦ · The global collaboration tools market has increased with healthy growth rates over the past few years and is expected to

Global Collaboration Tools Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Market Analysis

Market Dynamics

Competitive Landscape

Company Profiles

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Global Collaboration Tools Market: Coverage

Attributes Details

Title Global Collaboration Tools Market: Size, Trends & Forecasts (2018-2022)

Coverage Global

Forecast Period of Market 2018-2022

Competition in the Market Highly fragmented because of presence of large number of players.

Key Players Microsoft Corporation, Cisco Systems, Inc., Citrix Systems, Inc., and Smartsheet Inc.

Scope of the Report

Page 4: Global Collaboration Tools Market: Size, Trends ...€¦ · The global collaboration tools market has increased with healthy growth rates over the past few years and is expected to

Global Collaboration Tools Market

Teamwork is one of the most significant features of modern organization/workplace. However, extensive availability of internet gives an opportunity to employees to work from any corner of the world. So, for an effective teamwork, it is crucial for the organizations to implement modern work practices and technologies that help co-workers to share their work in a simple and efficient way irrespective of the geographical boundaries. This is where need for collaboration tools arises.

Collaborations tools are made to facilitate effective communication within the organizations. There are many different forms and types of collaboration software, which includes video conferencing, chat apps, project management tool to share online document storage, etc. Collaboration tools are categorized into three: communication tools, conferencing tools, and coordinating tools. On the basis of solutions, collaboration tools can be divided into two categories: Cloud-based and On-premise. Now days, cloud-based collaboration tools are more prevalent in organizations as compared to on-premise collaboration software.

The global collaboration tools market has increased with healthy growth rates over the past few years and is expected to grow further over the forecasted period (2018-2022). The global collaboration tools market is supported by various growth drivers such as increasing presence of millennials in workforce, rising use of social network within the organizations, growing use of cloud computing devices, etc. Yet some challenges like slow adoption rate, poor user interface and data security concerns are hampering the growth of the market. However, in the coming years, trends such as advent of new visual collaboration tools, virtual and augmented reality in collaboration solutions etc. would foster the growth of the market.

Executive Summary

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Collaboration Tools Market: Global Analysis

Global Collaboration Tools Market by Value; 2016-2017 (US$ Billion)

CAGR

2018-2022 xx%

Global Collaboration Tools Market by Value; 2018-2022E (US$ Billion)

2018 2019 2020 2021 2022

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$ B

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2016 2017

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Collaboration Tools Market: Global Analysis

Global Collaboration Tools Market by Segments: On the Basis of Solutions; 2017

Segments Share

Cloud-Based xx%

On-Premise xx%

Global Collaboration Tools Market by Segments: On the Basis of Platform; 2017

Segments Share

Collaborative Applications xx%

Project and Portfolio Management Applications

xx%

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Collaboration Tools Market: Segment Analysis

Global Cloud-Based Collaboration Tools Market by Value; 2018-2022E (US$ Billion)

CAGR (2018-2022)

Cloud-Based xx%

On-Premise xx%

Global On-Premise Collaboration Tools Market by Value; 2018-2022E (US$ Billion)

2018 2019 2020 2021 2022

US

$ B

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2018 2019 2020 2021 2022

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$ B

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Collaboration Tools Market: Segment Analysis

Global Project and Portfolio Management Applications Market by Value; 2018-2022E

(US$ Billion)

CAGR (2018-2022)

Cloud-Based xx%

On-Premise xx%

Global Collaborative Applications Market by Value; 2018-2022E (US$ Billion)

2018 2019 2020 2021 2022

US

$ B

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2018 2019 2020 2021 2022

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$ B

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Collaboration Tools Market: Segment Analysis

Global Project and Portfolio Management Market by Segments; 2017

Segments Share

Cloud-Based xx%

On-Premise xx%

Global Collaborative Applications Market by Segments; 2017

Segments Share

Cloud-Based xx%

On-Premise xx%

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Collaboration Tools Market: Segment Analysis

Global Cloud-Based Project and Portfolio Management Market by Value; 2018-2022E

(US$ Billion)

CAGR (2017-2021)

Cloud-Based Project and Portfolio Management xx%

On-Premise Project and Portfolio Management xx%

Global On-Premise Project and Portfolio Management Market by Value; 2018-2022E (US$ Billion)

2018 2019 2020 2021 2022

US

$ B

illio

n

2018 2019 2020 2021 2022

US

$ B

illio

n

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Collaboration Tools Market: Segment Analysis

Global Cloud-Based Collaborative Applications Market by Value; 2018-2022E

(US$ Billion)

CAGR (2017-2021)

Cloud-Based Collaborative Applications xx%

On-Premise Collaborative Applications xx%

Global On-Premise Collaborative Applications Market by Value; 2018-2022E (US$ Billion)

2018 2019 2020 2021 2022

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$ B

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2018 2019 2020 2021 2022

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$ B

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Collaboration Tools Market: Dynamics

Growth Driver

•Increasing Presence of Millennials in Workforce

•Growing Use of Cloud Computing

Challenges

•Slow Adoption Rate

•Uncertainty while Implementing Tool

Market Trends

•Advent of New Visual Collaboration Tools

•Evolution of Artificial Intelligence Bots

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Collaboration Tools Market: Competitive Landscape

• Microsoft Corporation

• Cisco Systems, Inc.

• Citrix Systems, Inc.

• Smartsheet Inc.

Players Profiled