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Hosted, cloud to push global collaboration market up 9% to USD 45 bln

Wednesday 23 January 2019 | 14:50 CET | News
The global collaboration market is expected to increase this year by 9 percent and reach USD 45 billion, driven by hosted and cloud collaboration, according to the latest study from the Synergy Research Group. TeamWork Apps will be the highest growth market, up by almost 60 percent, while CPaaS and VaaS will each grow by around 30 percent, with UCaaS and CCaaS the next highest growth markets. The total hosted & cloud collaboration markets will this year lift by 19 percent while revenue from on-premise products will fall by 3 percent. Quarterly vendor revenues from collaboration are now

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Categories: Fixed
Companies: Cisco / Dropbox / LogMeIn / RingCentral / Twilio
Countries: World
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