The global enterprise collaboration service market is expected to grow at a significant CAGR during the forecast period. The global enterprise collaboration market is a gathering of corporate employees that will include the utilization of a collaboration stage, venture long-distance informal communication tools, a company intranet, and the open internet. The employees in a company can share information and collaborate on projects across the globe by combining programming breakthroughs, organizational skills, and synergistic processes. Groupware, videoconferencing, and record-sharing capabilities are all possibilities.

Organizations are putting more emphasis on enhancing collaboration and communication across several stakeholders across multiple regions, as well as the necessity to combine internal and external cooperation in a single place and the growing use of social networking websites. The global enterprise collaboration market is expected to be driven by an increase in the need to streamline the communication process. Most businesses want to grow, which necessitates the use of effective collaboration tools including document management, mobile collaboration, and social collaboration. The growing popularity of BYOD and business mobility in all major areas are driving the global enterprise collaboration service market growth.

In September 2019, Webex Control Hub Extended Security Pack was introduced by Cisco to provide Webex clients with comprehensive data security features. Cisco Cloud locks cloud access security broker (CASB) with support for Data Loss Prevention (or DLP) rules for Webex Teams is included in the new security pack.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Deployment Type

o By Application

o By End-users

• Competitive Landscape- Microsoft Corp., Huawei Technologies Co. Ltd., Adobe Systems Inc., SAP SE, and IBM Corp., among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Enterprise Collaboration Service Market by Segments

• By Deployment

o On-premise

o Cloud-based

• By Application

o Communication Tools

o Conferencing Tools

o Coordination Tools

• By End-user

o Telecommunications and IT

o Travel and Hospitality

o BFSI

o Retail and Consumer Goods

o Education

o Transportation and Logistics

o Healthcare

Global Enterprise Collaboration Service Market by Region