DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Cloud Collaboration Market - Forecasts from 2016 to 2021" report to their offering.
Cloud Collaboration Market is estimated to grow from US$21.353 billion in 2015 to US$46.089 billion by 2021, at a CAGR of 13.68% over the forecast period.
Factors such as increasing adoption of BYOD (Bring Your Own Device) along with growing use of smartphones, tablets and other electronic devices for work, are major contributors to the growth of cloud collaboration market. BFSI sector is the major end-user of cloud collaboration solutions as it allows secured exchange of business information with the partners, clients, and customers.
Growing use of cloud-based services by SMEs will also boost the demand for cloud collaboration solutions over the forecast period. Regionally, Asia Pacific is projected to witness the highest growth of cloud collaboration market owing to increasing number of smartphone users, especially in emerging economies such as India, China, and South Korea. However, lack of security in cloud-based solutions coupled with stiff competition will hinder the growth of cloud collaboration market during the forecast period.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Cloud Collaboration Market Forecast by Deployment Type (US$ billion)
6. Cloud Collaboration Market Forecast by Solution (US$ billion)
7. Cloud Collaboration Market Forecast by Industry Verticals (US$ billion)
8. Cloud Collaboration Market Forecast by Geography (US$ billion)
9. Competitive Intelligence
10. Company Profiles
- Cisco Systems
- Microsoft Corporation
- Mitel Networks Corporation
- Oracle Corporation
For more information about this report visit http://www.researchandmarkets.com/research/ghjqxs/cloud