Application Sharing Market Size & Analysis - Forecasts To 2025 By Product (Google Drive, Mikogo, Dropbox, SharePoint, Evernote, Others); By Access Type (Control Access, View Access); By Application (Healthcare, IT & Telecommunication, Banking, Government, Retail, Hospitality, Others); By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); End-Use Landscape; Vendor Landscape and Market Share & Competitor Analysis - Global Market Estimates
Application Sharing Market Insights
The global application sharing market is expected to grow at a considerable rate over the forecast period. Factors such as easy remote access, ease of searching, and cost efficiency are likely to influence the market demand over the projected period.
Application sharing software allows multiple users to access a shared application or document from their respective computers or devices at the same time. Shared applications are usually accessed by using a permissions-based approach, which guarantees that the application cannot be accessed without host’s approval.
However, the growing incidence of data breaches coupled with internet connectivity issues is projected to hamper the market growth to a certain extent. Moreover, the technological advancements have led to enhanced security of remote support sessions, which is likely to stimulate the market growth over the forecast period.
Shared applications can likewise be gotten to utilizing an authorizations based approach, which ensures that the application can't be gotten to with no direct live endorsement.
Application Sharing Market: Product Insights
The global application sharing market is segmented into Google Drive, Mikogo, Dropbox, Sharepoint, and Evernote among others, based on products.
Google Drives have gained significant traction over the past few years and is further likely to grow at a considerable rate over the coming years. Factors such as live changes, device independency, and limitless file sharing are anticipated to boost the segment growth over the forecast period.
Drop box segment is also likely to register a substantial growth rate over the forecast period as it allows easy storage & sharing of files along with enhanced security options.
Application Sharing Market: Access Type Insights
The global application sharing market is divided into control Access and view Access, based on access type.
In Control access, the host permits the user to edit, regulate, and control shared data and is also able to remove control of the shared data if needed. Many enterprises use controlled access type of application sharing for remote support and net meetings, as it allows access to concerned members while restraining access to other users
View access is mostly used in training institutes, where a trainee has an access to information but does not have the ability to manipulate or edit information.
Application Sharing Market: Application Insights
The global application sharing market is segmented into Healthcare, IT & Telecommunication, Banking, Government, Retail, and Hospitality among others, based on application.
The application sharing software finds its extensive application in healthcare industry. Factors such as reduced data storage cost, security of data, increased data ownership, and improved data access are likely to contribute towards the segment growth. Government institutions also rely on advanced application sharing software to avoid duplication and cut costs.
Application Sharing Market: Regional Insights
North America accounted for a significant market share in 2016. The market in Asia Pacific is expected to witness considerable CAGR over the forecast period. The regional growth is primarily attributed to the development of IT infrastructure and healthcare industries. However, the growing number of SMEs and large organizations particularly from India and China is projected to contribute to the regional growth over the years.
Application Sharing Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global application sharing market. The major consumers of the product are Medtronic, AT&T Inc., and HSBC Holdings among others.
Application Sharing Market: Market Share & Competitor Analysis
Some of the leading players profiled in the global application sharing market include Google, Dropbox, Inc., Microsoft, Mikogo, Bridge Head software, and Evernote among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In January 2015, Dropbox acquired Cloudon to build deeper integrations and provide professionals with new and enhanced experiences.
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The global Application Sharing Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Application Sharing Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
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