North America to Dominate Collaborative Whiteboard Software Market During Forecast Period

Growing use of collaborative whiteboards in business meetings to drive the growth of global collaborative whiteboard software market

According to TechSci Research report, “Global Collaborative Whiteboard Software Market By Type (Visual v/s List-Based), By Deployment Mode (On-premise v/s Cloud), By Operating System (Windows v/s iOS), By Organization Size (Large Enterprises v/s SMEs), By Application (Business Meetings, Team Collaborations, Others), By Region, Forecast & Opportunities, 2025”, the global collaborative whiteboard software market was valued USD 1806.30 Billion in 2019 and is forecast to grow at 9.53% CAGR during the forecast period on account of the increasing use of these software in various enterprises. Additionally, associated advantages of these software such as allowing users to design, communicate, save, share content, among others are further expected to propel the market until 2025. Furthermore, these software help in a wide range of applications such as presentations, meetings, trainings within the organization, among others. However, lack of awareness related to this software can hamper the growth of market through 2025. Additionally, lack of adoption especially by the SMEs can hinder the growth of market over the next few years.

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The global collaborative whiteboard software market is segmented based on type, deployment mode, operating system, organization size, application, company and region. Based on application, the market can be categorized into business meetings, team collaborations and others. The business meetings segment dominated the market with share of 49.32% in 2019. This can be ascribed to the widespread use of these software in presentations during business meetings. Additionally, they help each and every member present in the meeting to join the whiteboard session, thereby making the meeting more interactive.

Cisco Systems Inc, InVisionApp, Miro, MURAL, ezTalks, Explain Everything, BeeCanvas, Stormboard, Bluescape, AWW App, Limnu, Google Jamboard, Conceptboard, SimpleDiagrams, Groupboard, SMART Technologies Inc., Deekit, Twiddla and ZiteBoard are some of the leading players operating in global collaborative whiteboard software market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“North America accounted for the largest market share, since United States witnessed the highest number of patients affected by COVID-19 at the end of March 2020, and this is also a factor for the massive surge in the usage of team collaborative whiteboard software due to the lockdowns imposed in various states of the country. Also, various organizations offering collaborative whiteboard software are focusing on enhancement of solutions such as by shifting towards hybrid model of work. Additionally, presence of key vendors in the region is further anticipated to spur the market during forecast years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Collaborative Whiteboard Software Market By Type (Visual v/s List-Based), By Deployment Mode (On-premise v/s Cloud), By Operating System (Windows v/s iOS), By Organization Size (Large Enterprises v/s SMEs), By Application (Business Meetings, Team Collaborations, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global collaborative whiteboard software market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global collaborative whiteboard software market.

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