- The key vendors in the Global Enterprise Collaboration Market 2015-2019 are Avaya Inc., Cisco Systems Inc., IBM Corp., Microsoft Corp. and Polycom Inc.
London, 16 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Enterprise Collaboration Market 2015-2019. The convergence of social software and collaboration software into a single solution is one of the key trends in the market. The market is witnessing a shift from single-point solutions to comprehensive platforms that provide the required social and collaboration software capabilities such as IM, video conferencing, IP telephony, blogs, email, wikis, and forums. The Global Enterprise Collaboration market is expected to grow at a CAGR of 9.4 percent during 2014-2019.
The amplified prerequisite for enterprise networking among employees, customers, partners, suppliers, and various other stakeholders in an organization is a major factor contributing to the high growth rate of the market. The increased need for enterprise productivity and the change in customer preferences for online and real-time communications are also expected to drive the growth of the market during the forecast period.
“Organizations are encouraging employees to adopt the BYOD policy, under which the devices are linked to a cloud server to facilitate access at any time using their protected security code,” says Faisal Ghaus, Vice President of TechNavio Research.
“This helps enterprises with various benefits such as productivity, employee satisfaction, cost saving, and the mobility cost of an employee.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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