Market Overview:
The global real-time document collaboration tools 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 real-time document collaboration tools by SMEs and large enterprises, and the rising trend of BYOD (Bring Your Own Device). North America is expected to hold the largest share of the global real-time document collaboration tools market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest CAGR during the forecast period due to increasing adoption of cloud-based solutions among small and medium businesses in this region.
Product Definition:
Real-time document collaboration tools allow multiple users to work on a single document at the same time. This can be done in either a live environment, where all users are working in the same document simultaneously, or in a deferred mode, where changes made by one user are not immediately seen by others. Real-time collaboration tools are important because they allow for more efficient and effective teamwork.
Cloud Based:
Cloud-based solutions are expected to gain traction in the real-time document collaboration tools market owing to factors such as low cost of ownership, scalability and reliability. These collaborative tools help organizations achieve effective communication within the organization as well as with external partners. The increasing need for speed in delivering services and products is also expected to drive demand over the forecast period.
On-premises:
On-premises is a computer system or an application running on the user company's premises. The term usually refers to software that runs directly on the end users' computers and can be used offline. On-premise solutions are more secure as compared to cloud solutions, as they store data in the internal network of organization rather than relying upon remote servers for storage.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) segment held the largest share of over 60.0% in 2017. The real-time document collaboration tools are gaining popularity among SMEs as they offer a cost-effective solution with easy access to external resources, which is driving the adoption of these solutions among SMEs. Furthermore, real-time collaborative editing tool is gaining traction among the small businesses as it offers several functionalities including project management, communication & coordination, and information sharing that helps them manage their business better.
Large enterprises are also adopting these solutions to gain advantage over their competitors who use them for product development or marketing activities. Real-Time Document Collaboration Tools enable large enterprises to collaborate with clients, suppliers and others on projects in real time and respond quickly to changing situations thereby making them suitable for enterprise applications.- Oracle Corporation., IBM Corporation., Microsoft Corporation., SAP SE.), Salesforce1 Inc.
Regional Analysis:
North America dominated the global real-time document collaboration tools market in 2017. The growth can be attributed to the presence of major technology players, such as IBM Corporation; Microsoft Corporation; Cisco Systems, Inc.; and Hewlett Packard Enterprise Development LP. These companies are continuously working on developing advanced technologies for business process improvement and digital workplace transformation. Moreover, these companies are investing heavily in research & development activities to develop new products that can enhance productivity of businesses significantly. North America is expected to continue its dominance over the forecast period owing to increasing adoption of cloud computing services across various industries including BFSI, telecom, government sector etc.
Asia Pacific is anticipated to emerge as a lucrative region during the forecast period owing to increasing number of SMEs operating in emerging economies such as China.
Growth Factors:
- Increasing demand for real-time document collaboration tools from small and medium businesses (SMBs) due to the growing need for enhanced communication and collaboration among team members.
- The increasing trend of Bring Your Own Device (BYOD) in enterprises, which is driving the demand for real-time document collaboration tools that can be accessed from any device or platform.
- The growing popularity of cloud-based solutions, which is helping to fuel the growth of the real-time document collaboration market.
- The increasing use of mobile devices for business purposes, which is leading to an increase in the demand for mobile-friendly real-time document collaboration tools.
- Growing awareness about the benefits of using real-time document collaboration tools among businesses and individuals, which is helping to drive market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Real-Time Document Collaboration Tools Market Research Report
By Type
Cloud Based, On-premises
By Application
SMEs, Large Enterprises
By Companies
Bit.ai, Google, Microsoft, Zoho, Atlassian, Dropbox, Box, Notion, Quip
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Real-Time Document Collaboration Tools Market Report Segments:
The global Real-Time Document Collaboration Tools market is segmented on the basis of:
Types
Cloud Based, On-premises
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:
- Bit.ai
- Google
- Microsoft
- Zoho
- Atlassian
- Dropbox
- Box
- Notion
- Quip
Highlights of The Real-Time Document Collaboration Tools 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:
- Cloud Based
- On-premises
- 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 Real-Time Document Collaboration Tools 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
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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?
Real-time document collaboration tools allow users to work on a document together in real time. This means that the users can see each other's changes as they are made, which can help to improve the accuracy and speed of the editing process.
Some of the key players operating in the real-time document collaboration tools market are Bit.ai, Google, Microsoft, Zoho, Atlassian, Dropbox, Box, Notion, Quip.
The real-time document collaboration tools market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size & Forecast, 2018-2028
4.5.1 Real-Time Document Collaboration Tools Market Size and Y-o-Y Growth
4.5.2 Real-Time Document Collaboration Tools Market Absolute $ Opportunity
Chapter 5 Global Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Analysis and Forecast
9.1 Introduction
9.2 North America Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-premises
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 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-premises
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 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-premises
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 Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-premises
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 Real-Time Document Collaboration Tools 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) Real-Time Document Collaboration Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Real-Time Document Collaboration Tools 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) Real-Time Document Collaboration Tools Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-premises
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) Real-Time Document Collaboration Tools 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 Real-Time Document Collaboration Tools Market: Competitive Dashboard
14.2 Global Real-Time Document Collaboration Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bit.ai
14.3.2 Google
14.3.3 Microsoft
14.3.4 Zoho
14.3.5 Atlassian
14.3.6 Dropbox
14.3.7 Box
14.3.8 Notion
14.3.9 Quip
