Story image

Research shows G Suite can’t be counted out yet

07 Nov 2018

G Suite technology services market reported a revenue generation of nearly US$214 million in 2017 and is expected to witness a 1.2x growth in 2018, according estimations by to Fact.MR.

Overall market growth is likely to be driven by:

  • Growing emphasis on the utilisation of business productivity tools

  • Small and medium organisations leveraging concise and affordable business solutions offered by Google Cloud

  • Ongoing cloud migration across industries

  • Identification of collaborative tools’ potential in increasing employee productivity

Apart from its cloud-first nature, the steadily rising adoption of G Suite technology services can be attributed to the ongoing industrial transformation in terms of digitalisation, cloud migration and implementation of cognitive AI solutions,” says a Fact.MR senior analyst.

“Demand for business productivity tools is set to rise in the coming decade on the back of increasing appetite of businesses for smarter and remunerative approaches. While larger organisations are already witnessing active utilisation of productivity tools, small and medium enterprises are likely to look for G Suite technology services that fit well in their tight budgets.”

According to a Fact.MR study, small and medium enterprises (SMEs) have been prominent end-users of the services.

In 2018, revenues from SMEs are likely to surpass US$190 million, whereas utilisation of G Suite technology in large enterprises is estimated to grow by 20% in 2018.

Fact.MR analysts add that among various services offered by G Suite technology, adoption of design and deployment services continues to register largest revenues.

Retail solutions offered by G Suite technology are gaining traction among businesses.

The retail industry is likely to register a bulk of demand and is expected to account for nearly US$36 million in 2018.

The study suggests that the G Suite technology is highly sought after by the education industry and around 80 million students across the globe are using the services.

In 2018, the education industry will hold nearly 13% of the global revenue.

The study opines that the media and advertising industry is expected to outsell the education and retail industries in terms of G Suite technology services revenues by 2028.

The G Suite technology services market is likely to grow at an impressive rate and register over 26% CAGR through 2028.

Microsoft appoints new commercial and partner business director
Bowden already has almost a decade of Microsoft relationship management experience under her belt, having joined the business in 2010.
Zoom’s new Rooms and Meetings features
Zoom has released information about the upcoming releases for its Rooms and Meeting offerings for 2019.
Aussie company set to democratise direct-to-orbit IoT access
Adelaide-based Myriota has released a developer toolkit that has been trialled and tested by a smart waste management platform.
Apple's AirPods now come with 'Hey Siri' functionality
The new AirPods come with a standard case or a Wireless Charging Case that holds additional charges for more than 24 hours of listening time.
Dynatrace takes pole position in APM Magic Quadrant
It placed highest on Ability to Execute and furthest on Completeness of Vision in the 2019 Quadrant for Application Performance Monitoring (APM).
HCL and Xerox expand strategic partnership
Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Avaya expands integration with Google Cloud AI
This includes embedding Google’s machine learning within conversation services for the contact centre, enabling integration of AI capabilities.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.