Page 4 - HCS for Account Managers
P. 4
Cloud Collaboration Market Analysis
• The global software market grew 4.7% in the first half of 2012 to $167
billion*
• CRM, virtualization and collaboration coming in as the fastest-growing segments
• Team collaborative application sales rose 15% in the first half of 2012
• Public Cloud Services market due to grow to $206 billion worldwide by
2016#
• Applications most likely to move to cloud include web/video conferencing and UC
• Social enterprise software will grow 43% annually to reach $4.5 billion in
2016
• Forrester have the market growing to $6.2 billion in 2016
• Demand for Web Conferencing also strong according to Frost & Sullivan and Inifini
Research