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Segmentation and Forecast,
Future Market Insights
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Cloud collaboration is an enterprise collaboration technique that facilitates employees to
work with the documents and other data types, stored off-premises and outside the
company’s firewall. Employees of an enterprise utilize the cloud-based collaboration
platforms to share, edit and work together on projects. The cloud collaboration is used as
a tool for collaboration internally among different departments in a firm, as well as
externally for sharing documents with clients for receiving feedback.
Cloud collaboration is integrating new advances in cloud computing and their
collaboration that are becoming necessary for the firms operating in this increasingly
globalised world. The advent of cloud computing and its subsequent benefits have paved
the way for collaborative cloud-based services, in turn reshaping the concept of how
employees work together over the internet.
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Cloud collaboration offers several benefits such as facilitate better communication among
the members of organization, facilitating higher participation levels, improved access to
larger files, and real time updating.
Cloud collaboration market space has become highly sophisticated with vendors trying to
attract customers. Earlier, cloud collaboration tools were quite basic having limited
features. However, the advanced packages are much more document-centric in their
approach. For instance the new sophisticated collaboration tools allow users to "tag"
specific areas of a document for comments which are delivered real time to the viewers.
Although, the cloud collaboration market is growing swiftly, it has been observed that the
adoption of cloud collaboration solutions has reached a stage where it is more
dependent on the reluctance of workers to collaborate as compared to the ability of
Major factors driving the growth of global R&D cloud collaboration market include
emerging trend of mobility & BYOD (Bring Your Own Device), and the demand for secure
& efficient solutions to enhance the employee’s productivity. Additionally, the market
growth is also propelled by the trend to employ a single software tool to solve all the
collaboration needs within the enterprises, instead of relying on multiple tools. With the
rising adoption of cloud-based solutions among enterprises, cloud collaboration market is
expected to witness potential growth opportunities during the forecast period.
However the factors such as reluctance of in sharing their knowledge, challenges in
maintaining the information security, and maintaining auditable trails across
organizations, are restraining the growth of the market.
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Global R&D Cloud Collaboration market is mainly classified on the basis of deployment
model, enterprises, verticals and geographies.
On the basis of deployment model, global R&D cloud collaboration market is segmented
into public, private and hybrid cloud.
On the basis of enterprises, the market is segmented into SMEs & large enterprises.
On the basis of verticals, the market is segmented into BFSI, government institutions,
healthcare & life sciences, media & advertising, IT & telecommunication, managed &
business service providers and others.
On the basis of geographies, global market of R&D cloud collaboration is segmented into
7 key regions:
Asia Pacific Excluding Japan
Middle East & Africa
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Key Market Players
The major players active in the global R&D cloud collaboration market include
IBM Corporation, Huddle, Microsoft Corporation, Cisco Systems, Google Inc., Oracle
Corporation, Salesforce.com, Jive Software, Mitel Networks, Citrix Systems, Inc.,
Broadsoft, Inc. and HighQ Solutions Limited.
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