The global Team Collaboration Software market is projected to reach USD 26.73 billion by 2028, expanding at a compound annual growth rate (CAGR) of 12.81% from 2021 to 2028. This robust growth can be attributed to several macro and microeconomic factors. On a macro level, the increasing shift towards remote and hybrid work models has significantly boosted demand for effective collaboration tools. Additionally, advancements in cloud computing and mobile technologies have enhanced the accessibility and functionality of team collaboration solutions. On a micro level, businesses are recognizing the importance of real-time communication, project management, and streamlined workflows, which drive the adoption of sophisticated software solutions. The integration of artificial intelligence and automation in collaboration tools further supports productivity and efficiency, attracting enterprises across various sectors. Moreover, the growing emphasis on digital transformation and the need for scalable, flexible solutions contribute to the market's expansion. Together, these factors are propelling the growth of the team collaboration software market, meeting the evolving needs of modern workplaces.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Software Type (Conferencing, Communication and Co-ordination)
By Industry Vertical (BFSI, Government & Defense, Healthcare, IT & Telecommunications, Manufacturing, Others)
Key players
AT&T Intellectual Property
Cisco System Inc.
Citrix Systems Inc.
Google LLC
IBM Corporation
Microsoft Corporation
MindMeld Inc.
Oracle Corporation
Slack Technologies, Inc.
SMART Technologies ULC
- Chapter 1. Executive Summary
- Chapter 2. Scope of The Study
- 2.1. Market Definition
- 2.2. Scope of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat of New Entrants
- 4.2.2. Bargaining Power of Buyers
- 4.2.3. Bargaining Power of Suppliers
- 4.2.4. Threat of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on Team Collaboration Software Market
- 4.3.1. Impact on Market Size
- 4.3.2. End User Trend, Preferences and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global Team Collaboration Software Market, By Software Type
- 6.1. Introduction
- 6.2. Conferencing
- 6.3. Communication and Co-ordination
- Chapter 7. Global Team Collaboration Software Market, By Industry Vertical
- 7.1. Introduction
- 7.2. BFSI
- 7.3. Government & Defense
- 7.4. Healthcare
- 7.5. IT & Telecommunications
- 7.6. Manufacturing
- 7.7. Others
- Chapter 8. Global Team Collaboration Software Market, By Region
- 8.1. Introduction
- 8.2. North America
- 8.2.1. Introduction
- 8.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.2.4. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.2.5. Market Size and Forecast, By Industry Vertical, 2020 – 2026
- 8.2.6. US
- 8.2.6.1. Introduction
- 8.2.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.6.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.2.6.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.2.7. Canada
- 8.2.7.1. Introduction
- 8.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.7.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.2.7.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.3. Europe
- 8.3.1. Introduction
- 8.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.3.4. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.5. Market Size and Forecast, By Industry Vertical, 2020 – 2026
- 8.3.6. Germany
- 8.3.6.1. Introduction
- 8.3.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.6.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.6.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.3.7. France
- 8.3.7.1. Introduction
- 8.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.7.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.7.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.3.8. UK
- 8.3.8.1. Introduction
- 8.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.8.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.8.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.3.9. Italy
- 8.3.9.1. Introduction
- 8.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.9.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.9.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.3.10. Rest of Europe
- 8.3.10.1. Introduction
- 8.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.10.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.3.10.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4. Asia-Pacific
- 8.4.1. Introduction
- 8.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.4.4. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.5. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4.6. China
- 8.4.6.1. Introduction
- 8.4.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.6.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.6.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4.7. India
- 8.4.7.1. Introduction
- 8.4.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.7.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.7.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4.8. Japan
- 8.4.8.1. Introduction
- 8.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.8.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.8.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4.9. South Korea
- 8.4.9.1. Introduction
- 8.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.9.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.9.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.4.10. Rest of Asia-Pacific
- 8.4.10.1. Introduction
- 8.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.10.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.4.10.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.5. Rest of The World (RoW)
- 8.5.1. Introduction
- 8.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.5.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.5.5. Market Size and Forecast, By Region, 2020 - 2028
- 8.5.6. South America
- 8.5.6.1. Introduction
- 8.5.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.6.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.5.6.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- 8.5.7. Middle East and Africa
- 8.5.7.1. Introduction
- 8.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.7.3. Market Size and Forecast, By Software Type, 2020 - 2028
- 8.5.7.4. Market Size and Forecast, By Industry Vertical, 2020 - 2028
- Chapter 9. Competitive Landscape
- 9.1. Introduction
- 9.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
- Chapter 10. Company Profiles
- 10.1. AT&T Intellectual Property
- 10.1.1. Business Overview
- 10.1.2. Financial Analysis
- 10.1.3. Product Portfolio
- 10.1.4. Recent Development and Strategies Adopted
- 10.1.5. SWOT Analysis
- 10.2. Cisco System Inc.
- 10.2.1. Business Overview
- 10.2.2. Financial Analysis
- 10.2.3. Product Portfolio
- 10.2.4. Recent Development and Strategies Adopted
- 10.2.5. SWOT Analysis
- 10.3. Citrix Systems Inc.
- 10.3.1. Business Overview
- 10.3.2. Financial Analysis
- 10.3.3. Product Portfolio
- 10.3.4. Recent Development and Strategies Adopted
- 10.3.5. SWOT Analysis
- 10.4. Google LLC
- 10.4.1. Business Overview
- 10.4.2. Financial Analysis
- 10.4.3. Product Portfolio
- 10.4.4. Recent Development and Strategies Adopted
- 10.4.5. SWOT Analysis
- 10.5. IBM Corporation
- 10.5.1. Business Overview
- 10.5.2. Financial Analysis
- 10.5.3. Product Portfolio
- 10.5.4. Recent Development and Strategies Adopted
- 10.5.5. SWOT Analysis
- 10.6. Microsoft Corporation
- 10.6.1. Business Overview
- 10.6.2. Financial Analysis
- 10.6.3. Product Portfolio
- 10.6.4. Recent Development and Strategies Adopted
- 10.6.5. SWOT Analysis
- 10.7. MindMeld Inc.
- 10.7.1. Business Overview
- 10.7.2. Financial Analysis
- 10.7.3. Product Portfolio
- 10.7.4. Recent Development and Strategies Adopted
- 10.7.5. SWOT Analysis
- 10.8. Oracle Corporation
- 10.8.1. Business Overview
- 10.8.2. Financial Analysis
- 10.8.3. Product Portfolio
- 10.8.4. Recent Development and Strategies Adopted
- 10.8.5. SWOT Analysis
- 10.9. Slack Technologies, Inc.
- 10.9.1. Business Overview
- 10.9.2. Financial Analysis
- 10.9.3. Product Portfolio
- 10.9.4. Recent Development and Strategies Adopted
- 10.9.5. SWOT Analysis
- 10.10. SMART Technologies ULC
- 10.10.1. Business Overview
- 10.10.2. Financial Analysis
- 10.10.3. Product Portfolio
- 10.10.4. Recent Development and Strategies Adopted
- 10.10.5. SWOT Analysis
- Chapter 11. Key Takeaways
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