Global Document-Centric Collaboration Software Market 2017-2021
About Document-centric Collaboration Software
Document-centric collaboration is a part of enterprise content management (ECM) that supports the project team in an organization by providing document sharing and continuous workflow facilities.
Technavio’s analysts forecast the global document-centric collaboration software market to grow at a CAGR of 9.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global document-centric collaboration software market for 2017-2021. To calculate the market size, the report considers the revenues of both major vendors and other prominent vendors.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Document-centric Collaboration Software Market 2017-2021
Technavio recognizes the following companies as the key players in the global document-centric collaboration software market: IBM, Microsoft, OpenText and Dell.
Other Prominent Vendors in the market are: 5i Solutions, ACCELLION, Alfresco Software, Box, CIGNEX Datamatics, Huddle, Intralinks, Newgen Software, Savvydox, SpringCM, Workshare and Xait.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is convergence of mobile collaboration. Earlier mobile devices were limited for personal use. However, because of wider business applications and technological advances, mobile devices are now being widely used by a large number of enterprises for document collaboration.”
According to the report, one driver in the market is need to increase productivity and efficiency. The document-centric collaboration software has gained importance as it helps in increasing productivity and efficiency along with secured document retention and backup recovery of documents. Currently, most of the organizations are looking for a system that is helpful to manage all the critical documents in a systematic manner.
Further, the report states that one challenge in the market is managing volume of different file formats. Many organizations have concerns regarding the effective collaboration of different file formats. The employees at many organizations usually save documents in their respective systems and in various file formats. The file format used by an employee can be different from the format used by another employee.
IBM, Microsoft, OpenText, Dell, 5i Solutions, ACCELLION, Alfresco Software, Box, CIGNEX Datamatics, Huddle, Intralinks, Newgen Software, Savvydox, SpringCM, Workshare and Xait.