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The North America team collaboration software market is anticipated to grow at a CAGR of 8.52% over the projected period of 2021-2028. One of the crucial factors boosting the market growth in the region is the rising usage of social media platforms.
The North America team collaboration software market growth evaluation includes the analysis of the United States and Canada. In Canada, 82% of the employees work remotely, which gives them the freedom to be engaged while maintaining a healthy work-life balance. Many companies have introduced the BYOD policy, which provides financial and operational benefits. The surging cloud-based technology and social media platforms augment the market growth. In Canada, cloud technology providing affordable solutions is widely accepted by all businesses presently. Cloud computing enables the model to function anytime and anywhere. It allows organizations to combine additional infrastructure technologies to create firm and highly secure platforms.
Canada has a highly developed e-commerce infrastructure that is closely integrated with that of the United States, and uses much of the same equipment as the US for broadband internet access. Internet retailing is steering the growth of the consumer products market. Also, the rising health and wellness trend has stimulated the development of high-end grocery sales, contributing to the growth of the retail market. The retailers emphasize merging online and offline strategies, leading to a demand for better communication between the staff to ensure a seamless customer experience.
Adobe Systems Incorporated, Avaya Inc, Cisco Systems, Inc, AT&T, Inc, OpenText Corporation, etc., are some of the well-established players operating in the region.
Our report offerings include:
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- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments