Cloud Office Services Market: Key Findings, Key Players Profiles, Regional Analysis and Future Prospects


Posted November 23, 2020 by Techfuture

Cloud Office Services Market- Competition to Heat up With Innovative Technologies Going Mainstream
 
Market Synopsis

According to MRFR, the global cloud office services market is expected to record a CAGR of 14.6% during the review period to reach USD 6,802.9 Million by 2024.

Market highlights

The global cloud bureau services market is expanding at a high rate. The that adoption of cloud services across business vertical lines as well as across all developing countries is fostering market growth. The number of companies that implement cloud office software suites is increasingly growing. Increasing numbers of connected devices are the major factors contributing to market growth. Increasing smartphone adoption in enterprises and rapidly increasing internet penetration are also some of the factors that affect market growth. Data protection issues, however, are expected to curb market growth over the forecast period. Demand for cloud office services is slated to rise as more and more verticals turn and digitise. In addition , the increasing number of employee-centered enterprises and the adoption of BYOD policies offer lucrative opportunities for players in the global cloud office services market.

Get Free Sample Copy Report of Cloud Office Services Market@ https://www.marketresearchfuture.com/sample_request/8017

Market Segmentation

The global cloud office services market has been analyzed based on organization size, component, vertical, and region.

Based on the component, the global cloud office services market has been segmented into cloud office services collaboration services, cloud office services migration tools, cloud office services suite, and cloud office services professional services.

Moreover, the organization size segments of the global cloud office services market comprise small and medium-sized enterprises (SMEs) and large enterprises.

By vertical, the global cloud office services market has been classified as government and public sector, IT & telecommunications, BFSI, healthcare and pharmaceuticals, manufacturing, retail and consumer goods, automotive and transportation, energy, and others.

Regional Outlook

The global cloud office services market is projected to expand during the forecast period, at a significant CAGR. The cloud office services industry regional research was performed for North America, Asia-Pacific, Europe , and the rest of the world (including the Middle East, Africa , and South America).

North America is projected to have the largest market share during the forecast period amongst the regions listed. As most of the leading vendors are headquartered here with a large customer base, the US occupies nearly 80–85 per cent share in the area. The strongest in the field is the company’s adoption of cloud technologies across verticals. It is the key driving force for North America ‘s high adoption rate of cloud bureau services.

Europe’s market share is expected to be the second-largest, led by Asia-Pacific during the study period. Europe’s market is expected to rise as BYOD trend in the region is increasingly taking hold. The Asia-Pacific market is expected to expand the fastest during the assessment period as demand in the region is projected to increase by more than 14.6 percent in the global CAGR. Developing countries like India and China are fueling the growth of the cloud office services market with ever-increasing demand, increasing internet penetration and rapid cloud computing adoption. The market in the rest of the world provides numerous opportunities to the market players as the majority of the nations in the region are yet to implement cloud office services solutions.

Competitive Dynamics

The major players in the global cloud office services market are Evernote Corporation (US), Google Inc. (US), Rackspace US, Inc. (US), Microsoft Corporation (US), Zoho Corporation Pvt. Ltd (India), Ascensio System SIA (Latvia), Adobe (US), HyperOffice (US), AvePoint, Inc. (US), TERVELA CLOUD FASTPATH (US), SkySync (US), Xillio (US), Quest Software Inc. (US), MediaAgility Inc. (US) and INSIGHT (US).

Access Complete Report @ https://www.marketresearchfuture.com/reports/cloud-office-services-market-8017

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future
528, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028, Maharashtra, India
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Phone 09617050300
Business Address Office No. 528, Amanora Chambers Pune - 411028
Country India
Categories Research , Science , Technology
Tags cloud office services market
Last Updated November 23, 2020