New players driving global on-prem and cloud collaboration market - research

Figures show the market is approaching $15bn of spending per quarter

Kelsey Rees
clock • 2 min read
New players driving global on-prem and cloud collaboration market - research

Spending in the global on-premise and cloud collaboration market grew eight per cent in the second quarter of 2022 and is now approaching a feat of $15bn per quarter.  That's according to the latest figures from Synergy Research Group. The analysts found that the on-prem portion of the market continues to decline steadily and now accounts for only 20 per cent of the total, down from 30 per cent two years ago.  While spending on hosted and cloud services continues to trend upwards, it...

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