Cloud Office Services Market: 2019 Global Sales, Size, Share, Competitive Analysis, Upcoming Opportunities, And Forecast To 2024

Global Cloud Office Services Market Research Report: by Component (Cloud Office Services Suite, Cloud Office Services Migration Tools, Cloud Office Services Collaboration Services, Cloud Office Services Professional Services), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (BFSI, IT & Telecommunications, Healthcare and Pharmaceuticals, Retail and Consumer Goods, Manufacturing, Automotive and Transportation, Energy, Government and Public Sector, Others), Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2024

Advertisements

 

Overview

According to Market Research Future, the global cloud office services market has been segmented based on component, organization size, vertical, and region/country.

The major factors boosting market growth are increasing number of connected devices and rapidly growing internet penetration. The cloud office software is easy to deploy; it helps enterprises by reducing its IT expenditure. Furthermore, there has been a significant increase in the adoption of  BYOD policy in enterprises in the developed economies across the globe. A large number of enterprises across verticals are employee-centric, offering flexible work hours and work from home facilitiy for their employees. Cloud office assists these enterprises by connecting the employees and providing storage, file sharing and communication solutions. However, concerns regarding data security are expected to restrain the market growth.

 

Request Free Sample @ https://www.marketresearchfuture.com/sample_request/8017

 

Segments

By component, the global cloud office services market has been divided into cloud office suite, cloud office migration tools, cloud office collaboration services, and cloud office professional services. The cloud office suite segment is expected to have the largest market share while the cloud office migration tools segment is projected to register the highest CAGR during the forecast period.

Based on organization size, the market has been segmented into large enterprises and small and medium enterprises (SME). The large enterprises segment is expected to have a larger market size during the review period. Large organizations deploy cloud office extensively to provide BYOD services to the employees as these enterprises have adopted digitization to a greater extent. The SMEs segment is expected to grow at the higher CAGR during the review period.

Based on vertical, the market has been segmented into BFSI, IT & telecommunications, healthcare and pharmaceuticals, retail and consumer goods, manufacturing, automotive and transportation, energy, government and public sector, and others. The IT and telecommunications segment is expected to have a larger size and exhibit higher CAGR during the forecast period due to the increasing adoption of cloud technology and technological advancements across the globe that offer security and privacy over the cloud.

By region, the global cloud office services market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

 

Key Players

The key players in the global Cloud Office Services Market are Google Inc. (US), Microsoft Corporation (US), Ascensio System SIA (Latvia), Zoho Corporation Pvt. Ltd. (India), Adobe (US), HyperOffice (US), Rackspace US, Inc. (US), SkySync (US), Quest Software Inc. (US), MediaAgility Inc. (US), INSIGHT (US), Evernote Corporation (US), AvePoint, Inc. (US), Xillio (US), and TERVELA CLOUD FASTPATH (US).

 

Regional Analysis

The global cloud office services market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world. North America was the largest market in 2018 due to the presence of maximum number of established players of the market in the US. The market in Asia-Pacific is expected to be the fastest-growing during the forecast period of 2019 to 2024.

 

LIST OF TABLES

Table 1 Global Cloud Office Services Market, By Region, 2019–2024

Table 2 North America: Global Cloud Office Services Market, By Country, 2019–2024

Table 3 Europe: Global Cloud Office Services Market, By Country, 2019–2024

Table 4 Asia-Pacific: Global Cloud Office Services Market, By Country, 2019–2024

Table 5 Rest Of The World: Global Cloud Office Services Market, By Country, 2019–2024

Continued……

 

LIST OF FIGURES

FIGURE 1 Global Cloud Office Services Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Cloud Office Services Market

FIGURE 4 Value Chain/Supply Chain Of Global Cloud Office Services Market

FIGURE 5 Share Of The Global Cloud Office Services Market In 2018, By Country (In %)

Continued……

 

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

+1 646 845 9312

Email: sales@marketresearchfuture.com