How big is the Enterprise Collaboration Market?

The Enterprise Collaboration Market size is expected to reach USD 60.33 billion in 2024 and grow at a CAGR of 10.70% to reach USD 100.29 billion by 2029. Read More

What is the current Enterprise Collaboration Market size?

In 2024, the Enterprise Collaboration Market size is expected to reach USD 60.33 billion. Read More

Who are the key players in Enterprise Collaboration Market?

Microsoft Corporation, Huawei Technologies Co. Ltd., Adobe Systems Inc., SAP SE and IBM Corporation are the major companies operating in the Enterprise Collaboration Market. Read More

Which is the fastest growing region in Enterprise Collaboration Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Enterprise Collaboration Market?

In 2024, the North America accounts for the largest market share in Enterprise Collaboration Market. Read More

What years does this Enterprise Collaboration Market cover, and what was the market size in 2023?

In 2023, the Enterprise Collaboration Market size was estimated at USD 53.87 billion. The report covers the Enterprise Collaboration Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Enterprise Collaboration Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Enterprise Collaboration Software Market

Enterprise Collaboration Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Enterprise Communication & Collaboration System Market is Segmented by Deployment (On-Premise, Cloud-Based), Application (Communication Tools, Conferencing Tools, Coordination Tools), End-User Industry (Telecommunications and IT, Travel, and Hospitality, BFSI, Retail and Consumer Goods, Education, Transportation, and Logistics, Healthcare), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Enterprise Collaboration Industry Overview

The enterprise collaboration market is favorably fragmented. The top players aim for a large share of the market, while the numerous smaller players aim for a substantial pie of the market. This results in intense rivalry and competition. Key participants in the market are Microsoft Corporation, Huawei Technologies Co. Ltd, Adobe Systems Inc., etc. Some of the recent developments in the market are -

July 2022: Microsoft introduced the launch of the Microsoft Cloud for Sovereignty, a unique solution for public sector customers, mainly in Europe. With the addition of Microsoft Cloud for Sovereignty, companies will have greater control over their data and expanded transparency to the operational and governance procedures of the cloud.

January 2022: Tata Consultancy Services (TCS) is currently a partner for the newly-launched Microsoft Cloud for Retail, expanding its collaboration with the hyper-scale. TCS will combine its deep industry knowledge from working with significant retailers worldwide and its multi-horizon cloud transformation framework to assist retail clients in accelerating their growth and transformation journeys using Microsoft Cloud for Retail. Microsoft Cloud for Retail is a secure industry-specific cloud that combines various Microsoft technologies linked by a standard data model to connect experiences across the end-to-end shopper journey with integrated and intelligent capabilities.