Market Overview:
The global collaboration tools solution market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based solutions, rising trend of BYOD (Bring Your Own Device), and growing need for enhanced communication and collaboration among employees. The global collaboration tools solution market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into document management, contact management, instant messaging, shared calendars, discussion forums wikis email workspaces others). On the basis of application,,the market is segmented into education banking medical others).
Product Definition:
A Collaboration Tools Solution (CTS) is a software application that enables people to work together on projects by sharing files, chatting, and collaborating in real time. The importance of CTS is that it allows team members to communicate and collaborate easily and effectively, which leads to better project outcomes.
Document Management:
The global document management, it's usage and growth factor in collaboration tools solution market size was valued at USD 1.5 billion in 2015. The industry is expected to witness significant growth over the forecast period owing to increasing adoption of cloud-based solutions by enterprises across different industry verticals such as BFSI, healthcare & life sciences, IT & telecom, government & public sector and media & entertainment.
Contact Management:
The global contact management and it's usage in collaboration tools solution market size was valued at USD 1,19 billion in 2015. The increasing need for effective communication is expected to drive the growth of this industry over the forecast period. The rising adoption of cloud-based solutions among various industries such as BFSI, healthcare & life sciences, IT & telecom is anticipated to propel growth over the next seven years.
Application Insights:
The collaboration tools have several applications such as education, banking, medical and others. The education segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing use of these tools in educational institutions for planning classes, scheduling lectures and seminars among other academic activities. Furthermore, growing penetration of e-learning programs has increased the need for effective collaboration tools among schools and colleges.
The banking segment is also expected to grow rapidly owing to increasing demand from customers for online meetings with their financial advisors or managers regarding investment decisions or related issues concerning their accounts. Moreover, rising adoption of web conferencing software by banks along with mobile access will help them connect easily with their customers across different locations thereby driving growth further over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to factors such as increasing adoption of collaboration tools by enterprises and growing demand for cloud-based solutions. Furthermore, presence of a large number of vendors in this region is contributing toward growth of the market.
Asia Pacific regional market for collaboration tools solution is anticipated to grow at a lucrative rate over the forecast period due to increasing awareness among end users regarding benefits offered by these tools and rising adoption across various industries such as banking, telecom & IT, manufacturing & automotive etc.
Growth Factors:
- Increased demand for better communication and collaboration among employees for improved productivity
- Rapid adoption of cloud-based solutions by small and medium businesses
- Proliferation of mobile devices and apps that enable anytime, anywhere access to information
- Growing popularity of social networking tools for business purposes
- Emergence of big data and analytics capabilities that help organizations make better decisions faster
Scope Of The Report
Report Attributes
Report Details
Report Title
Collaboration Tools Solution Market Research Report
By Type
Document Management, Contact Management, Instant Messaging, Shared Calendars, Discussion Forums, Wikis, Emails, Workspace, Others
By Application
Education, Banking, Medical, Others
By Companies
Avaya, Inc. (USA), BroadSoft, Inc. (USA), Cisco Systems, Inc. (USA), Good Technology, Inc. (USA), Salesforce.com, Inc. (USA), VMware, Inc. (USA)
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Collaboration Tools Solution Market Report Segments:
The global Collaboration Tools Solution market is segmented on the basis of:
Types
Document Management, Contact Management, Instant Messaging, Shared Calendars, Discussion Forums, Wikis, Emails, Workspace, Others
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
Education, Banking, Medical, Others
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:
- Avaya, Inc. (USA)
- BroadSoft, Inc. (USA)
- Cisco Systems, Inc. (USA)
- Good Technology, Inc. (USA)
- Salesforce.com, Inc. (USA)
- VMware, Inc. (USA)
Highlights of The Collaboration Tools Solution 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:
- Document Management
- Contact Management
- Instant Messaging
- Shared Calendars
- Discussion Forums
- Wikis
- Emails
- Workspace
- Others
- By Application:
- Education
- Banking
- Medical
- Others
- 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 Collaboration Tools Solution 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.
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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?
Collaboration tools solution is a software that helps users to collaborate on documents, projects, and tasks. It can be used to manage communication between team members and keep track of changes made to files.
Some of the key players operating in the collaboration tools solution market are Avaya, Inc. (USA), BroadSoft, Inc. (USA), Cisco Systems, Inc. (USA), Good Technology, Inc. (USA), Salesforce.com, Inc. (USA), VMware, Inc. (USA).
The collaboration tools solution market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Collaboration Tools Solution 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 Collaboration Tools Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Collaboration Tools Solution 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 Collaboration Tools Solution 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 Collaboration Tools Solution Market Size & Forecast, 2020-2028
4.5.1 Collaboration Tools Solution Market Size and Y-o-Y Growth
4.5.2 Collaboration Tools Solution Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Document Management
5.2.2 Contact Management
5.2.3 Instant Messaging
5.2.4 Shared Calendars
5.2.5 Discussion Forums
5.2.6 Wikis
5.2.7 Emails
5.2.8 Workspace
5.2.9 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Education
6.2.2 Banking
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Collaboration Tools Solution 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 Collaboration Tools Solution 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Document Management
9.6.2 Contact Management
9.6.3 Instant Messaging
9.6.4 Shared Calendars
9.6.5 Discussion Forums
9.6.6 Wikis
9.6.7 Emails
9.6.8 Workspace
9.6.9 Others
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 Market Size Forecast by Applications
9.10.1 Education
9.10.2 Banking
9.10.3 Medical
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Document Management
10.6.2 Contact Management
10.6.3 Instant Messaging
10.6.4 Shared Calendars
10.6.5 Discussion Forums
10.6.6 Wikis
10.6.7 Emails
10.6.8 Workspace
10.6.9 Others
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 Market Size Forecast by Applications
10.10.1 Education
10.10.2 Banking
10.10.3 Medical
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Document Management
11.6.2 Contact Management
11.6.3 Instant Messaging
11.6.4 Shared Calendars
11.6.5 Discussion Forums
11.6.6 Wikis
11.6.7 Emails
11.6.8 Workspace
11.6.9 Others
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 Market Size Forecast by Applications
11.10.1 Education
11.10.2 Banking
11.10.3 Medical
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Document Management
12.6.2 Contact Management
12.6.3 Instant Messaging
12.6.4 Shared Calendars
12.6.5 Discussion Forums
12.6.6 Wikis
12.6.7 Emails
12.6.8 Workspace
12.6.9 Others
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 Market Size Forecast by Applications
12.10.1 Education
12.10.2 Banking
12.10.3 Medical
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Document Management
13.6.2 Contact Management
13.6.3 Instant Messaging
13.6.4 Shared Calendars
13.6.5 Discussion Forums
13.6.6 Wikis
13.6.7 Emails
13.6.8 Workspace
13.6.9 Others
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) Market Size Forecast by Applications
13.10.1 Education
13.10.2 Banking
13.10.3 Medical
13.10.4 Others
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 Collaboration Tools Solution Market: Competitive Dashboard
14.2 Global Collaboration Tools Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avaya, Inc. (USA)
14.3.2 BroadSoft, Inc. (USA)
14.3.3 Cisco Systems, Inc. (USA)
14.3.4 Good Technology, Inc. (USA)
14.3.5 Salesforce.com, Inc. (USA)
14.3.6 VMware, Inc. (USA)
