(PRWEB) May 30, 2014
Enterprise collaboration solutions are integrated suites comprising various tools, networks, solutions, and technologies working together for the exchange of information, communication, and other official components within the enterprise. The enterprise collaboration market is growing at a CAGR of 8.9% and is expected to become a $70.61 billion market by 2019. Enterprise collaboration solutions include emailing systems, intranets and data sharing closed networks, and other services and solutions. Prominent players in this market include companies such as Adobe, Google, IBM, and Microsoft, among others.
Browse through the market data tables, figures and detailed ToC on the “Enterprise Collaboration Market” - http://www.micromarketmonitor.com/market-report/enterprise-collaboration-reports-5173070438.html.
North America Enterprise Collaboration Market
The North American Enterprise Collaboration market is expected to grow from $25.65 billion in 2014 to $34.74 billion by 2019, at an expected CAGR of 6.76%for the period 2014 to 2019. The main driving factor for the North American Enterprise Collaboration market is the specialized managed services setup which helps a great deal in the implementation of enterprise collaboration services. This market contributes to 54.22% of the global market in 2014, and will slightly decline to 49.20%by 2019, due to macroeconomics factors. The major players in this market include companies like IBM, Microsoft, Cisco, Adobe, and Google, among others.
Asia Pacific Enterprise Collaboration Market
The Asia Pacific Enterprise Collaboration market is expected to grow from $6.61 billion in 2014 to $11.29billion by 2019, at an expected CAGR of 11.73% for the period 2014 to 2019. This market contributes to 13.97% of the global market in 2014, and is poised to grow to 15.99%by 2019. The Asia Pacific region is an emerging market with potentially high adoption rate for enterprise collaboration. Meeting the expectation of businesses and users can bring increased profits and minimize costs. The major players in this market include companies like IBM, Microsoft, Cisco, Adobe, and Google, among others.
Europe Enterprise Collaboration Market
Europe has seen a rise in the Enterprise collaboration market, the reason for which is suggested to be the rising adoption of mobile devices which influence the acceptance of enterprise collaboration. Also, reducing communication costs have been conducive in the growing enterprise collaboration market in Europe. The European enterprise collaboration market is expected to grow from $9.94billion in 2014, to $16.64 billion by 2019, at an expected CAGR of 11.64% for the period 2014 to 2019. This market contributes to 21.01%of the global market in 2014, and is poised to grow to 23.57%by 2019.The major players in this market include companies like IBM, Microsoft, Cisco, Adobe, and Google, among others.
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