Enterprise Communications and Collaboration Market Size, Trends, Drivers and Challenges, Vendor Landscape, Opportunities and Forecast to 2029
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The global enterprise communications and collaboration market research report provides an executive-level overview of the current enterprise communications and collaboration market worldwide, with detailed forecasts of key indicators up to 2029. Published annually, the global enterprise communications and collaboration market report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by product/service type and verticals across the large enterprise and micro, small & medium enterprise (MSME) markets, as well as a review of key enterprise communications and collaboration market trends as well as the technological developments that are shaping the enterprise communications and collaboration landscape.
The global outlook report provides information and insights into global enterprise communications and collaboration market
– The primary finding from GlobalData's view of revenue opportunities in the enterprise communications and collaboration market through to 2029, highlighting the market size and growth by product/service, by region, by vertical and by size band.
– The latest trends impacting the enterprise communications and collaboration market.
– The market drivers that will facilitate the growth of enterprise communications and collaboration market.
– The market challenges/inhibitors that may hinder the pervasive adoption of enterprise communications and collaboration.
– The recent developments in the enterprise communication and collaboration market.
Scope
This outlook report analyses the current trends, drivers, and challenges impacting the enterprise communications and collaboration market. The report outlines the evolution of enterprise communications and collaboration, and highlights the recent developments in the enterprise communication and collaboration market across multiple vedors. This report also presents GlobalData’s view of the revenue opportunities in the enterprise communications and collaboration market through to 2029, highlighting the market size and growth by technology, geography, and size band.
Key Highlights
The global enterprise communications and collaboration market size was valued at $446.1 billion in 2024. The market is expected to grow at a CAGR of 7.1% during the forecast period (2024-2029). The enterprise communications and collaboration market is driven by the growing adoption of cloud-based C&C solutions and
increasing demand for C&C solutions powered by AI and analytics. Additionally, the acceleration in enterprise digital transformation initiatives aimed at modernizing their operations and workflows, will drive growth in this market.
According to GlobalData, enterprise communications and collaboration would see majority share of its revenue come from mobile data services segment over the forecast period. Revenue from mobile data services reached $218.5 billion in 2024 and is set to grow up to $318.9 billion in 2029 at a CAGR of 7.9%.
BFSI and manufacturing are the leading end-use vertical segment for enterprise communications and collaboration, in terms of revenue contribution, and will remain so over the forecast period.
North America is the leading regional market with revenue estimated at $168.5 billion for 2024 and set to grow up to $239.3 billion by 2029 at a CAGR of 7.3%.
Reasons to Buy
This Global Outlook Report provides a comprehensive assessment of the enterprise communications and collaboration market. It helps the reader to understand the enterprise communications and collaboration market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise communications and collaboration market.
The report is exhaustive and up-to-date providing market opportunity forecasts in the enterprise communications and collaboration market from 2024 to 2029, spanning technology segments (services), six regions, 27 verticals, and two size bands.
RingCentral
Intermedia Intelligent Communication
Nuvera
Mitel
Alcatel-Lucent Enterprise
Avaya
Microsoft
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