DUBLIN, August 26, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Cloud Collaboration Market 2016-2020" report to their offering.
The global cloud collaboration market to grow at a CAGR of 11.09% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global cloud collaboration market for 2016-2020. To calculate the market size, the report covers the present scenario and prospects of the global cloud collaboration market for the period 2016-2020. It also details the major drivers of the market and outlines the challenges faced by vendors and the market at large, as well as the key emerging trends in the market.
One of the key trends for market growth will be virtualizing the workspaces. Organizations' have increased their focus on virtualizing IT workspaces. Workforce requires flexible and dynamic digital workspaces that offer a personal experience and flexibility in mobility. The employees need various communication models such as calling, messaging, video conferencing, and transaction and information systems along with collaboration and interactive systems. So, firms are slowly replacing traditional desktop and cabin models and embracing virtual workspaces that provide flexibility while controlling costs and maintaining security. Cloud collaboration modernize the IT virtual infrastructure so that the user can experience the borderless flow of information with seamless communication technology.
According to the report, one of the key drivers for market growth will be increased internet penetration and speed. Governments worldwide are promoting the use of the internet. In 2015, the global population was 7.21 billion, out of which around 3.01 billion, or 42% of the world population, were active internet users. Among the active users, 94% access the internet through their mobile phones for business and personal purposes. APAC has more internet users than other regions because of China and India, which are highly populated countries.
Further, the report states that data security and privacy will be a challenge for the market. The popularity of cloud collaboration lies in its cost-effectiveness and compatibility within any web browsers. Earlier, companies avoided using video conferencing due to its high price-point. However, the same feature has made businesses worried about the internet security. They fear hackers might gain access to the video client in the conference and gain access to private networks.
- Cisco Systems
Other prominent vendors
- Aastra Technologies
- Genesys Telecommunications Laboratories
- Huawei Technologies
- Interactive Intelligence
- Juniper Networks
- Logitech International
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Overview of cloud collaboration process
Part 07: Market segmentation by deployment type
Part 08: Market segmentation by end-users
Part 09: Market segmentation by solution
Part 10: Geographical segmentation
Part 11: Buying criteria
Part 12: Market drivers
Part 13: Impact of drivers
Part 14: Market challenges
Part 15: Impact of drivers and challenges
Part 16: Market trends
Part 17: Five forces model
Part 18: Vendor landscape
Part 19: Key vendor profiles
Part 20: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/vbx8px/global_cloud
Related Topics: Cloud Computing and Storage
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