The global document-centric collaboration software market is anticipated to grow at a CAGR of 6.9% during the forecast period (2022-2028). The increasing focus of business organizations on increasing their productivity and efficiency has boosted the demand for such software leading to the market growth. The document-centric collaboration software offers functionality that supports team collaboration and boosts the results of their collateral. Its benefits can be seen in wide areas which include version control and real-time collaboration, document storage, and sharing, and document review which further helps in collecting accurate, in-context feedback from every stakeholder (internal and external). Such features provided by document-centric collaboration software boost accountability, speed things up and enhance the results of project, which in turn drive their demand in medium and big-size organizations. However, the management and maintenance of a large volume of different file formats is the major challenge associated with this software that can restrain its adoption on a wider level and among small business organizations.
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The document-centric collaboration software market has registered growth owing to the COVID-19 pandemic. Due to restrictions on mobility, and the lockdown imposed by the government organizations across the globe were using online collaboration tools to get connect effectively with colleagues and to increase productivity. This made the adoption of such software on a larger level which led to the increase in demand during the pandemic.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Document-Centric Collaboration Software Market by Deployment
- Cloud-Based
- On-Premises
Global Document-Centric Collaboration Software Market by End-User
- BFSI
- Healthcare
- IT and Telecommunication
- Public Sector
- Others (Legal)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- 5i Solutions Inc.
- Accellion, Inc.
- Alfresco Software, Inc.
- Box, Inc.
- Huddle (Ninian Solutions, Ltd.)
- IBM Corporation
- Intralinks, Inc.
- Microsoft Corp
- Newgen Software Technologies, Inc.
- Open Text Corp.
- Savvydox
- SpringCM
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global document-centric collaboration software market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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