Is the Content Collaboration Industry Easy to Get Into
Enterprise Content Collaboration Market Size And Forecast
Enterprise Content Collaboration Market was valued at USD 8.17 Billion in 2020 and is projected to reach USD 30.2 Billion by 2028 , growing at a CAGR of 17.8% from 2021 to 2028.
the ability of enterprise content collaboration to increase business productivity standards has increased demand for it, acting as a major driving factor in its significant market growth. The Global Enterprise Content Collaboration Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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What is Enterprise Content Collaboration?
Enterprise Content Collaboration is a system that aids in the storage of large amounts of content while ensuring the content's protection. Enterprise Content Collaboration Management refers to the strategies, methods, and tools used to capture, manage, store, preserve, and deliver content and documents related to organizational processes, including information in the form of a paper document, an electronic file, a database print stream, or an email.
It allows users to create new files and documents, as well as easily find and manage resources. The content collaboration platform provides methods, tools, and specific strategies for managing, storing, and preserving files associated with an organization.
Employees can have access to and change information, as well as sync the edited information, allowing other employees to view the new files and documents, with the help of the right tool. Enterprise Content Collaboration facilitates the storage of large amounts of content, ensures the integrity of the content, makes resources easy to find and manage, and enables collaboration and the creation of new documents.
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Global Enterprise Content Collaboration Market Overview
Managed services are the fastest-growing segment for small and medium-sized businesses in the enterprise content collaboration market. This market is expected to expand as businesses require cost-effective real-time content collaboration tools for their geographically dispersed employee base. Therefore, following the trend of composing enterprise file sharing and synchronization, the demand for cloud-based integration is increasing. These factors, including the expansion of the BYOD (bring your own device) system, resulting in increased market growth for Enterprise Content Collaboration. Additionally, the ability of enterprise content collaboration to increase business productivity standards has increased demand for it, acting as a major driving factor in its significant market growth. Furthermore, rising technological advancement has been a major driving force for the significant growth of the enterprise content collaboration market.
However, data security concerns are impeding the growth of the Enterprise Content Collaboration market. On the other hand, the rising rate of security breaches as a result of growing cybercrime has caused organisations to place a high value on security and privacy. As a result, security and privacy concerns are some of the major factors restraining the market growth of enterprise content collaboration. Furthermore, large enterprises' increased reliance on cloud enterprise content collaboration solutions is posing a significant security challenge for the organisation, resulting in the loss of sensitive information and undermining their market positions.
What's more, the growing demand for efficient and cost-effective content collaboration tools is one of the factors expected to provide opportunities for the market to grow. Moreover, with increasing digitalization and demand for advanced technologies such as artificial intelligence, cloud computing, and many others, market expansion opportunities are multiplying exponentially.
Global Enterprise Content Collaboration Market: Segmentation Analysis
The Global Enterprise Content Collaboration Market is segmented on the Component, Development, Vertical, and Geographic Scope.
Enterprise Content Collaboration Market, By Component
• Software
• Services
• Professional
• Managed
Based on component, the market is classified into Software, Services, Professional and Managed. Managed services accounted for the highest market share and are anticipated to dominate the market during the forecast period. Managed services are the fastest-growing segment among small and medium-sized businesses. This market is expected to expand as businesses require cost-effective real-time content collaboration tools for their geographically dispersed employee base.
Enterprise Content Collaboration Market, By Deployment
• Cloud
• On-Premise
Based on deployment, the market is divided into Cloud and On-Premise. The cloud segment accounted for the highest market share. This is attributed to their ability to save upfront costs and maintenance costs of physical infrastructures. Furthermore, cloud-based models can be monitored and upgraded in shorter time intervals, resulting in fewer work delays and increased business productivity
Enterprise Content Collaboration Market, By Vertical
• Government
• BFSI
• IT and Telecom
• Others
Based on verticals, the market is divided into Government, BFSI, IT and Telecom and others. BFSI segment accounted for the highest market share. This is because it improves operational efficiency and reduces paper management costs, and is the market's largest revenue contributor. This market is steadily expanding as a result of consistent technological advancements.
Enterprise Content Collaboration Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global Enterprise Content Collaboration Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the highest market share in the Global Enterprise Content Collaboration Market. Large-scale investments in the implementation of enterprise content collaboration solutions as a result of the growth in e-commerce applications, as well as the need for better control and visibility mechanisms, are factors augmenting the market's growth. Whereas, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period because of the growing need to implement security and accessibility controls, as well as improved decision making. Partnerships, new product launches, and acquisitions are the primary strategies used by industry leaders to diversify their global footprints.
Key Players in Enterprise Content Collaboration Market
The "Global Enterprise Content Collaboration Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are HP Autonomy, Xerox, Oracle, IBM, AirWatch, Alfresco Software, Microsoft, Hyland Software, Oracle and Box.
The competitive landscape section also includes the above-mentioned players' key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2017-2028 |
| Base Year | 2020 |
| Forecast Period | 2021-2028 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | HP Autonomy, Xerox, Oracle, IBM, AirWatch, Alfresco Software, Microsoft, Hyland Software, Oracle and Box. |
| Segments Covered | By Component, By Development, By Vertical, and By Geography |
| Customization scope | Free report customization (equivalent up to 4 analyst's working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology Verified Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
What is the projected market size & growth rate of Enterprise Content Collaboration Market?
Enterprise Content Collaboration Market was valued at USD 8.17 Billion in 2020 and is projected to reach USD 30.2 Billion by 2028, growing at a CAGR of 17.8% from 2021 to 2028
What are the key driving factors for the growth of Enterprise Content Collaboration Market?
The ability of enterprise content collaboration to increase business productivity standards has increased demand for it, acting as a major driving factor in its significant market growth
What are the top players operative in Enterprise Content Collaboration Market?
HP Autonomy, Xerox, Oracle, IBM, AirWatch, Alfresco Software, Microsoft, Hyland Software, Oracle and Box.
What segments are covered in Enterprise Content Collaboration Market?
The Global Enterprise Content Collaboration Market is segmented on the Component, Development, Vertical, and Geographic Scope.
How can I get sample report/company profiles of Enterprise Content Collaboration Market?
The report sample of Enterprise Content Collaboration Market report can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
5 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET, BY COMPONENT
5.1 Introduction
5.2 Software
5.3 Services
5.4 Professional
5.5 Managed
6 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET, BY DEPLOYMENT
6.1 Introduction
6.2 Cloud
6.3 On-Premise
7 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET, BY VERTICAL
7.1 Introduction
7.2 Education
7.3 Government
7.4 BFSI
7.5 Consumer Goods and Retail
7.6 Healthcare
7.7 IT and Telecom
7.8 Others
8 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Middle East and Africa
8.5.2 South America
9 GLOBAL ENTERPRISE CONTENT COLLABORATION MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 HP Autonomy
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Xerox
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Oracle
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 IBM
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 AirWatch
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Microsoft
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Hyland Software
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Oracle
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Box
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Opentext Corporation
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 APPENDIX
11.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the 'market research' puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market's momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market's value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Source: https://www.verifiedmarketresearch.com/product/enterprise-content-collaboration-market-size-and-forecast-to-2025/
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