Cloud Office Services Market Outlook 2022- Explains COVID-19 Impact, Share and Future Growth, Size, Dynamic Analysis and Development Suggestions and Forecast to 2027
Research Reports
Mar 09, 2022
Cloud Office Services Market Analysis
The global cloud office services market will touch USD 6,802.9 million at a 14.6?GR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. Cloud office services are a suite of SaaS collaboration and communication tool which combines email, instant messaging, file sharing, conferencing, and document search, management, and discovery.
Various factors are fuelling the cloud office services industry growth. As per the recent MRFR market estimates, such factors include the growing adoption of cloud services across industry verticals and in all developing countries, use of cloud office services by employees for sending emails, cloud data storage, and video conferencing, the use of these services by employees in different devices such as smartphone, tablet, laptop, and desktop, increasing number of connected devices, rapidly increasing internet penetration, and growing number of employee-centric enterprises. The additional factors adding market growth include the adoption of BYOD policies, rising emphasis on mobility, the need for focusing on core business functions, and increasing need for reliability and scalability.
On the contrary, the impact of the COVID-19 pandemic and the concerns regarding data security may impede the global cloud office services market growth over the forecast period.
Cloud Office Services Market Dynamics
- Crucial Market Drivers
The growing number of connected devices is a crucial driver for the cloud office service. It is easy to deploy cloud services with connected devices. An enterprise choosing the cloud as its central system program can use its services to other connected devices. Even the office printers or any other connected devices can be deployed of cloud office.
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Cloud Office Services Market Key Players
The prominent players profiled in the global cloud office services market report include
- MediaAgility Inc
- Rackspace
- Quest Software Inc
- Xillio
- Microsoft Corporation
- AvePoint, Inc.
- Zoho Corporation Pvt. Ltd
- Evernote Corporation
- US, Inc
- Adobe
- TERVELA CLOUD FAST PATH
- HyperOffice
- AvePoint Inc among others.
Cloud Office Services Market Segmentation
By Service:
- Managed business service
- Security business service
- Managed network service
By Component:
- Cloud professional services
- Cloud suite services
- Cloud collaboration services
- Cloud mitigation tools services
By Organisation Size:
- Small-medium size enterprise
- Large scale enterprise
By end-users:
- Public sector
- Government sector
- IT and telecommunications
- Energy
- Automotive
- Healthcare and pharmaceuticals
- Retail
- Consumer goods
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Cloud Office Services Market Regional Analysis
By region, the global cloud office services market covers the recent trends and growth opportunity across Europe, North America, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will reign the market over the forecast period. The presence of a strong and firm customer base and leading vendors in the US, the growing adoption by enterprises across verticals, the presence of several technology giants, increasing adoption of cloud managed services, and initiatives undertaken by the federal government are adding to the global cloud office services market growth in the region.
In Europe, the global cloud office services market is predicted to have the second-largest share over the forecast period. Several governments working with different countries and organizations to increase cloud adoption, various government initiatives by the UK government, and increasing adoption of the BYOD trend are adding to the global cloud office services market growth in the region.
In the APAC region, the global cloud office services market is predicted to have admirable growth over the forecast period. Presence of developing countries-China and India, growing internet penetration, rapid adoption of cloud computing, increasing need for CMS, increasing employee productivity, growing adoption of cloud managed services by SMEs, and increasing investments by prominent players are adding to the global cloud office services market growth over the forecast period.
In RoW, the global cloud office services market is predicted to have sound growth over the forecast period.
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Major Points Covered in the Report:
- The Cloud Office Services research study offers a detailed investigation of the market prospects and the market revenues.
- The geographical analysis portion of the Cloud Office Services report offers data on product sales by volume and revenue by region. It provides new entrants, rising enterprises, and big players in the region with potential prospects.
- It examines the global market’s current state, market trends, and potential. The research provides information on current and prospective industry trends in the Cloud Office Services market.
- It provides a detailed assessment of the global market’s Cloud Office Services market trends.
Table Of Contents
1 Executive Summary
1.1 Market Attractiveness Analysis
1.2 Global Cloud Office Services Market, By Component
1.3 Global Cloud Office Services Market, By Organization Size
1.4 Global Cloud Office Services Market, By Vertical
1.5 Cloud Office Services Market, By Region
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
Continued….
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