The implementation of cloud-based enterprise collaboration solutions is expected to fuel the growth of the collaboration market in the coming years. The enterprise collaboration market is expected to grow [globally] from $26.68 billion in 2016 to $49.51 billion by 2021.
Collabor8 will also use the funds raised to commence a targeted contact marketing campaign to better penetrate its customer base in niche sectors, principally construction and associated professional services.
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