Market Overview:
The global cloud-based business productivity software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based business productivity software from SMEs and large enterprises across the globe. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. The global cloud-based business productivity software market can be segmented on the basis of type into teamwork, schedule, integrated services, and other. The teamwork segment is expected to hold a major share in this market during the forecast period owing to its ability to improve team collaboration and communication among employees working on different projects simultaneously. The schedule segment is projected to grow at a high rate during the forecast period due to its ability manage employee schedules effectively and optimize workflows accordingly.
Product Definition:
Cloud-based business productivity software is a type of software that allows users to access and edit their files from any computer or device with an internet connection. This type of software can be used for a variety of purposes, such as creating documents, spreadsheets, and presentations. Cloud-based business productivity software is important because it allows users to work from anywhere they have an internet connection. This can be helpful for businesses that have employees who work remotely or travel frequently.
Teamwork:
The global teamwork market is expected to witness significant growth over the forecast period. The major factor driving this market is the growing adoption of cloud-based business productivity software. In addition, increasing demand for integrated and cross-functional teams that can work remotely on a common project also contributes to the growth of this market.
Schedule:
The schedule is a tool that helps in managing all the activities related to appointments and events. It also helps in planning any kind of trip, vacation, or business travel. The schedule application is widely used by people for scheduling their day-to-day tasks as well as long term commitments like annual leave and sick leaves.
Application Insights:
The software is used across various application segments such as Small and Medium-sized Enterprises (SMEs), Large enterprises. The SMEs segment held the largest market share in 2017, attributed to the increasing penetration of cloud-based productivity software among SMEs. The large enterprise application segment is expected to register a significant CAGR over the forecast period owing to factors such as growing demand for real time collaboration features, advanced analytics capabilities and flexible workflows that enable efficient management of complex projects with minimal supervision required.
Furthermore, companies are offering SaaS solutions for their respective products thereby driving down IT infrastructure costs which enables them to offer them at low prices thereby attracting more customers leading to an increased market share for this segment. Furthermore, increasing adoption of these applications across public sector organizations (PSOs) and non-profit organizations (NPOs) is further anticipated drive growth in this region over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of cloud-based productivity software by enterprises and growing awareness among end users regarding benefits offered by these solutions, such as flexibility, scalability, mobility and security. Moreover, presence of a large number of vendors in this region is anticipated to fuel regional growth over the next seven years.
Asia Pacific is expected to emerge as the fastest-growing regional market from 2018 to 2030 owing high growth potential existing within small & medium enterprises (SMEs) sector in countries such as China.
Growth Factors:
- Increased demand for cloud-based business productivity software from small and medium businesses (SMBs) due to the lower cost of ownership, increased scalability, and ease of use.
- The growing trend of Bring Your Own Device (BYOD) in the workplace, which is increasing demand for cloud-based business productivity software that can be accessed from any device or location.
- Rapid adoption of cloud-based business productivity software by large enterprises due to its ability to improve organizational efficiency and collaboration among employees.
- Rising popularity of Software as a Service (SaaS) delivery model for business productivity software, which is making it more affordable and easier to deploy and manage than traditional on-premises solutions.
- Increasing focus on mobile workforce management by businesses, which is driving demand for cloud-based business productivity solutions that offer seamless access across devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud-based Business Productivity Software Market Research Report
By Type
Teamwork, Schedule, Integrated Services, Other
By Application
SMEs, Large Enterprises
By Companies
Slack Technologies, Microsoft, Google, Cisco, Asana, Freshworks, Slab, Atlassian
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Cloud-based Business Productivity Software Market Report Segments:
The global Cloud-based Business Productivity Software market is segmented on the basis of:
Types
Teamwork, Schedule, Integrated Services, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Slack Technologies
- Microsoft
- Google
- Cisco
- Asana
- Freshworks
- Slab
- Atlassian
Highlights of The Cloud-based Business Productivity Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Teamwork
- Schedule
- Integrated Services
- Other
- By Application:
- SMEs
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud-based Business Productivity Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud-based business productivity software is a type of software that allows users to access their files from anywhere in the world. The software can be accessed through a web browser, and it often includes features such as email, calendar, and task management.
Some of the major companies in the cloud-based business productivity software market are Slack Technologies, Microsoft, Google, Cisco, Asana, Freshworks, Slab, Atlassian.
The cloud-based business productivity software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud-based Business Productivity Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud-based Business Productivity Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud-based Business Productivity Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud-based Business Productivity Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud-based Business Productivity Software Market Size & Forecast, 2018-2028
4.5.1 Cloud-based Business Productivity Software Market Size and Y-o-Y Growth
4.5.2 Cloud-based Business Productivity Software Market Absolute $ Opportunity
Chapter 5 Global Cloud-based Business Productivity Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud-based Business Productivity Software Market Size Forecast by Type
5.2.1 Teamwork
5.2.2 Schedule
5.2.3 Integrated Services
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud-based Business Productivity Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud-based Business Productivity Software Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud-based Business Productivity Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud-based Business Productivity Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud-based Business Productivity Software Analysis and Forecast
9.1 Introduction
9.2 North America Cloud-based Business Productivity Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud-based Business Productivity Software Market Size Forecast by Type
9.6.1 Teamwork
9.6.2 Schedule
9.6.3 Integrated Services
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud-based Business Productivity Software Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud-based Business Productivity Software Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud-based Business Productivity Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud-based Business Productivity Software Market Size Forecast by Type
10.6.1 Teamwork
10.6.2 Schedule
10.6.3 Integrated Services
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud-based Business Productivity Software Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud-based Business Productivity Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud-based Business Productivity Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud-based Business Productivity Software Market Size Forecast by Type
11.6.1 Teamwork
11.6.2 Schedule
11.6.3 Integrated Services
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud-based Business Productivity Software Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud-based Business Productivity Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud-based Business Productivity Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud-based Business Productivity Software Market Size Forecast by Type
12.6.1 Teamwork
12.6.2 Schedule
12.6.3 Integrated Services
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud-based Business Productivity Software Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud-based Business Productivity Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud-based Business Productivity Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud-based Business Productivity Software Market Size Forecast by Type
13.6.1 Teamwork
13.6.2 Schedule
13.6.3 Integrated Services
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud-based Business Productivity Software Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud-based Business Productivity Software Market: Competitive Dashboard
14.2 Global Cloud-based Business Productivity Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Slack Technologies
14.3.2 Microsoft
14.3.3 Google
14.3.4 Cisco
14.3.5 Asana
14.3.6 Freshworks
14.3.7 Slab
14.3.8 Atlassian
