Team Collaboration Software Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	180 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185531

Best Price Guarantee
Price	from $4,850
Length	180 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185531

Team Collaboration Software Market

Growth Factors of Team Collaboration Software Market

The Team Collaboration Software market size was valued at USD 21.79 billion in 2023, and the market is now projected to grow from USD 24.63 billion in 2024 to USD 60.38 billion by 2032, exhibiting a CAGR of 11.9% during the forecast period of 2024-2032.

The worldwide affect of COVID-19 has been phenomenal and amazing, with group collaboration computer program and arrangements seeing a positive request stun over all districts in the midst of the widespread. Based on our investigation, the worldwide advertise shown a noteworthy development of 12.3% in 2020 as compared to year-on-year development amid 2017-2019. The consistent rise in CAGR is inferable to this market's request and development rate, returning to pre-pandemic levels once the widespread is over.

The utilization of individual or enterprise-owned gadgets such as portable workstations, portable phones, and tablets has expanded massively in the present years thus going hand in hand with team collaboration market growth. The integration of such arrangements in individual gadgets can empower workers and businesses tends to attend the conferences and gatherings notwithstanding of the place. In expansion to that, the aggregate number of Small and Medium-sized Endeavors (SMEs) are driving to the rising appropriation of Bring-Your-Own-Device (BYOD) homes in arrange to diminish or limit the starting foundation costs. As a result of the rising start-up culture in both rising and created economies, BYOD innovation will make colossal development openings whereas guaranteeing operational adaptability.

Progressed innovations are playing a significant part in empowering businesses to make an environment that would empower workers to realize commerce objectives with imagination to create enduring financial values. Advanced transformation produces modern item and benefit conceivable outcomes that would empower businesses to raise deals altogether and diminish costs by accomplishing higher execution. The next-generation collaboration and endeavor efficiency instruments are playing a critical part in building up effective commerce communications that entails a wealthier group communication, co-creation, and archive sharing to give a rise in the Team Collaboration Software Market Growth.

Comprehensive Analysis Of Team Collaboration Software Market

Based on component, the worldwide market has been fragmented into arrangement and administrations. The solution held the biggest market share and is anticipated to preserve its dominance over the estimate period. On the basis of the deployment, the market is fragmented into cloud and on-premises. The on premises captured greatest market share. The on-premises arrangement of collaboration instruments ensures moo inactivity at information exchange levels, which, in turn, permits endeavors pick up control over endeavor information. Based on venture estimate, the worldwide advertise is portioned into expansive endeavors and SMEs. The expansive ventures fragment accounted for the biggest showcase share. Based on end-user, the showcase is fragmented into BFSI, IT and broadcast communications, fabricating, retail and buyer products, healthcare, travel and transportation, instruction, and others. The IT and broadcast communications section had the biggest advertise share.

North America overwhelmed the worldwide team collaboration market share of USD 8.93 billion. The development of the region is primarily owing to the innovative progressions and steady financial development. Organizations within the locale are showcasing profitable development within the appropriation of collaboration and venture communications apparatuses for inside group communications and for effectively carrying out venture exercises.

Companies working within the advertise such as Oracle Corporation (U.S.), Slack Technologies Inc. (U.S.), TeamViewer GmbH (Germany), Zoom Video Communications Inc. (U.S.), Trello (Atlassian Organization Plc) (Australia), Cisco System Inc. (U.S.), LogMeIn Inc. (U.S.), nTask (U.S.), Citrix Systems Inc. (U.S.), AT&T Inc. (U.S.), among others are centered on creating and advertising distinctive sorts of program and apparatuses. Also, the high competition within the market is driving companies to embrace distinctive trade methodologies to pick up ideal advertise share.

Within the month of July 2022, The Microsoft revealed the Microsoft Cloud for Sway, a special advertising for open segment clients, especially in Europe. Organizations can improve their information control by consolidating Microsoft Cloud for Sway and pick up more knowledge into the cloud's operational and administration forms.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 11.9% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component

- Solution

Web Conferencing
Communications
Task Management
File Sharing and Synchronization
Enterprise Social Network
Others (Unified Messaging, Portals, Etc.)

- Services

Professional

 Integration and Implementation

 Training and Education

 Support and Maintenance

Managed

By Deployment

- Cloud

- On-Premises

By Enterprise Size

- Small & Medium-sized Enterprises (SMEs)

- Large Enterprises

By End-User

- Banking, Financial Services and Insurance (BFSI)

- IT and Telecommunications

- Manufacturing

- Retail and Consumer Goods

- Healthcare

- Transportation and Logistics

- Education

- Others (Government, Energy and Utilities, etc.)

By Region

- North America (By Component, By Deployment, By Enterprise Size, By End-User, and By Country)

U.S. (By End-User)
Canada (By End-User)

- Europe (By Component, By Deployment, By Enterprise Size, By End-User, and By Country)

U.K. (By End-User)
Germany (By End-User)
France (By End-User)
Italy (By End-User)
Spain (By End-User)
Rest of Europe

- Asia Pacific (By Component, By Deployment, By Enterprise Size, By End-User, and By Country)

China (By End-User)
India (By End-User)
Japan (By End-User)
Australia (By End-User)
Southeast Asia (By End-User)
Rest of Asia Pacific

- Middle East & Africa (By Component, By Deployment, By Enterprise Size, By End-User, and By Country)

GCC (By End-User)
South Africa (By End-User)
Rest of the Middle East & Africa

- Latin America (By Component, By Deployment, By Enterprise Size, By End-User, and By Country)

Brazil (By End-User)
Mexico (By End-User)
Argentina (By End-User)
Rest of Latin America

Please Note:

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Key Takeaways
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends; 3.3. Impact of COVID-19; 3.3.1. Short-term Impact; 3.3.2. Long-term Impact
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players
5. Global Cryptocurrency Key Players Market Share Insights and Analysis, 2020
6. Key Market Insights and Strategic Recommendations
7. Companies Profiled (Covered for key 10 players only): 7.1. Overview; 7.1.1. Key Management; 7.1.2. Headquarters etc.; 7.2. Offerings/Business Segments; 7.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases); 7.3.1. Employee Size; 7.3.2. Key Financials; 7.3.2.1. Past and Current Revenue; 7.3.2.2. Geographical Share; 7.3.2.3. Business Segment Share; 7.4. Recent Developments
8. Annexure / Appendix: 8.1. Global Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.1.1. By Component (Value); 8.1.1.1. Solution; 8.1.1.1.1. Web Conferencing; 8.1.1.1.2. Communications; 8.1.1.1.3. Task Management; 8.1.1.1.4. File Sharing and Synchronization; 8.1.1.1.5. Enterprise Social Network; 8.1.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.1.1.2. Services; 8.1.1.2.1. Professional; 8.1.1.2.1.1. Integration and Implementation; 8.1.1.2.1.2. Training and Education; 8.1.1.2.1.3. Support and Maintenance; 8.1.1.2.2. Managed; 8.1.2. By Deployment (Value); 8.1.2.1. Cloud; 8.1.2.2. On-Premises; 8.1.3. By Enterprise Size (Value); 8.1.3.1. Small & Medium-sized Enterprises (SMEs); 8.1.3.2. Large Enterprises; 8.1.4. By End-User (Value); 8.1.4.1. BFSI; 8.1.4.2. IT and Telecommunications; 8.1.4.3. Manufacturing; 8.1.4.4. Retail and Consumer Goods; 8.1.4.5. Healthcare; 8.1.4.6. Travel and Transportation; 8.1.4.7. Education; 8.1.4.8. Others (Government, Energy and Utilities, Etc.); 8.1.5. By Region (Value); 8.1.5.1. North America; 8.1.5.2. Europe; 8.1.5.3. Asia Pacific; 8.1.5.4. Middle East & Africa; 8.1.5.5. Latin America; 8.2. North America Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.2.1. By Component (Value); 8.2.1.1. Solution; 8.2.1.1.1. Web Conferencing; 8.2.1.1.2. Communications; 8.2.1.1.3. Task Management; 8.2.1.1.4. File Sharing and Synchronization; 8.2.1.1.5. Enterprise Social Network; 8.2.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.2.1.2. Services; 8.2.1.2.1. Professional; 8.2.1.2.1.1. Integration and Implementation; 8.2.1.2.1.2. Training and Education; 8.2.1.2.1.3. Support and Maintenance; 8.2.1.2.2. Managed; 8.2.2. By Deployment (Value); 8.2.2.1. Cloud; 8.2.2.2. On-Premises; 8.2.3. By Enterprise Size (Value); 8.2.3.1. Small & Medium-sized Enterprises (SMEs); 8.2.3.2. Large Enterprises; 8.2.4. By End-User (Value); 8.2.4.1. BFSI; 8.2.4.2. IT and Telecommunications; 8.2.4.3. Manufacturing; 8.2.4.4. Retail and Consumer Goods; 8.2.4.5. Healthcare; 8.2.4.6. Travel and Transportation; 8.2.4.7. Education; 8.2.4.8. Others (Government, Energy and Utilities, Etc.); 8.2.5. By Country (Value); 8.2.5.1. U.S.; 8.2.5.1.1. By End-User; 8.2.5.2. Canada; 8.2.5.2.1. By End-User; 8.3. Europe Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.3.1. By Component (Value); 8.3.1.1. Solution; 8.3.1.1.1. Web Conferencing; 8.3.1.1.2. Communications; 8.3.1.1.3. Task Management; 8.3.1.1.4. File Sharing and Synchronization; 8.3.1.1.5. Enterprise Social Network; 8.3.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.3.1.2. Services; 8.3.1.2.1. Professional; 8.3.1.2.1.1. Integration and Implementation; 8.3.1.2.1.2. Training and Education; 8.3.1.2.1.3. Support and Maintenance; 8.3.1.2.2. Managed; 8.3.2. By Deployment (Value); 8.3.2.1. Cloud; 8.3.2.2. On-Premises; 8.3.3. By Enterprise Size (Value); 8.3.3.1. Small & Medium-sized Enterprises (SMEs); 8.3.3.2. Large Enterprises; 8.3.4. By End-User (Value); 8.3.4.1. BFSI; 8.3.4.2. IT and Telecommunications; 8.3.4.3. Manufacturing; 8.3.4.4. Retail and Consumer Goods; 8.3.4.5. Healthcare; 8.3.4.6. Travel and Transportation; 8.3.4.7. Education; 8.3.4.8. Others (Government, Energy and Utilities, Etc.); 8.3.5. By Country (Value); 8.3.5.1. Germany; 8.3.5.1.1. By End-User; 8.3.5.2. U.K.; 8.3.5.2.1. By End-User; 8.3.5.3. Italy; 8.3.5.3.1. By End-User; 8.3.5.4. France; 8.3.5.4.1. By End-User; 8.3.5.5. Spain; 8.3.5.5.1. By End-User; 8.3.5.6. Rest of Europe; 8.4. Asia Pacific Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.4.1. By Component (Value); 8.4.1.1. Solution; 8.4.1.1.1. Web Conferencing; 8.4.1.1.2. Communications; 8.4.1.1.3. Task Management; 8.4.1.1.4. File Sharing and Synchronization; 8.4.1.1.5. Enterprise Social Network; 8.4.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.4.1.2. Services; 8.4.1.2.1. Professional; 8.4.1.2.1.1. Integration and Implementation; 8.4.1.2.1.2. Training and Education; 8.4.1.2.1.3. Support and Maintenance; 8.4.1.2.2. Managed; 8.4.2. By Deployment (Value); 8.4.2.1. Cloud; 8.4.2.2. On-Premises; 8.4.3. By Enterprise Size (Value); 8.4.3.1. Small & Medium-sized Enterprises (SMEs); 8.4.3.2. Large Enterprises; 8.4.4. By End-User (Value); 8.4.4.1. BFSI; 8.4.4.2. IT and Telecommunications; 8.4.4.3. Manufacturing; 8.4.4.4. Retail and Consumer Goods; 8.4.4.5. Healthcare; 8.4.4.6. Travel and Transportation; 8.4.4.7. Education; 8.4.4.8. Others (Government, Energy and Utilities, Etc.); 8.4.5. By Country (Value); 8.4.5.1. China; 8.4.5.1.1. By End-User; 8.4.5.2. Japan; 8.4.5.2.1. By End-User; 8.4.5.3. Australia; 8.4.5.3.1. By End-User; 8.4.5.4. India; 8.4.5.4.1. By End-User; 8.4.5.5. Southeast Asia; 8.4.5.5.1. By End-User; 8.4.5.6. Rest of Asia Pacific; 8.5. Middle East & Africa Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.5.1. By Component (Value); 8.5.1.1. Solution; 8.5.1.1.1. Web Conferencing; 8.5.1.1.2. Communications; 8.5.1.1.3. Task Management; 8.5.1.1.4. File Sharing and Synchronization; 8.5.1.1.5. Enterprise Social Network; 8.5.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.5.1.2. Services; 8.5.1.2.1. Professional; 8.5.1.2.1.1. Integration and Implementation; 8.5.1.2.1.2. Training and Education; 8.5.1.2.1.3. Support and Maintenance; 8.5.1.2.2. Managed; 8.5.2. By Deployment (Value); 8.5.2.1. Cloud; 8.5.2.2. On-Premises; 8.5.3. By Enterprise Size (Value); 8.5.3.1. Small & Medium-sized Enterprises (SMEs); 8.5.3.2. Large Enterprises; 8.5.4. By End-User (Value); 8.5.4.1. BFSI; 8.5.4.2. IT and Telecommunications; 8.5.4.3. Manufacturing; 8.5.4.4. Retail and Consumer Goods; 8.5.4.5. Healthcare; 8.5.4.6. Travel and Transportation; 8.5.4.7. Education; 8.5.4.8. Others (Government, Energy and Utilities, Etc.); 8.5.5. By Country (Value); 8.5.5.1. GCC; 8.5.5.1.1. By End-User; 8.5.5.2. South Africa; 8.5.5.2.1. By End-User; 8.5.5.3. Rest of the Middle East and Africa; 8.6. Latin America Team Collaboration Software Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028; 8.6.1. By Component (Value); 8.6.1.1. Solution; 8.6.1.1.1. Web Conferencing; 8.6.1.1.2. Communications; 8.6.1.1.3. Task Management; 8.6.1.1.4. File Sharing and Synchronization; 8.6.1.1.5. Enterprise Social Network; 8.6.1.1.6. Others (Unified Messaging, Portals, Etc.); 8.6.1.2. Services; 8.6.1.2.1. Professional; 8.6.1.2.1.1. Integration and Implementation; 8.6.1.2.1.2. Training and Education; 8.6.1.2.1.3. Support and Maintenance; 8.6.1.2.2. Managed; 8.6.2. By Deployment (Value); 8.6.2.1. Cloud; 8.6.2.2. On-Premises; 8.6.3. By Enterprise Size (Value); 8.6.3.1. Small & Medium-sized Enterprises (SMEs); 8.6.3.2. Large Enterprises; 8.6.4. By End-User (Value); 8.6.4.1. BFSI; 8.6.4.2. IT and Telecommunications; 8.6.4.3. Manufacturing; 8.6.4.4. Retail and Consumer Goods; 8.6.4.5. Healthcare; 8.6.4.6. Travel and Transportation; 8.6.4.7. Education; 8.6.4.8. Others (Government, Energy and Utilities, Etc.); 8.6.5. By Country (Value); 8.6.5.1. Brazil; 8.6.5.1.1. By End-User; 8.6.5.2. Mexico; 8.6.5.2.1. By End-User; 8.6.5.3. Argentina; 8.6.5.3.1. By End-User; 8.6.5.4. Rest of Latin America
9. Companies Analyzed (In order to estimate the market size and/or understanding the market ecosystem) (Note that the purpose of the below list is to highlight the exhaustiveness of coverage. This does not necessarily mean that all the below companies are profiled in the scope. Kindly refer Companies Profiled Section for more details. However, at the same, we are open to profile additional company(s) on specific request)
10. Airtable
11. Amazon Chime (Amazon Web Services, Inc.)
12. Asana, Inc.
13. AT&T, Inc.
14. Basecamp LLC
15. Bluebeam, Inc.
16. BOX, Inc.
17. Chatter (Salesforce.com, Inc.)
18. Cisco System, Inc.
19. Citrix Systems, Inc.
20. Flock FZ-LLC
21. Fuze, Inc.
22. Google LLC (Alphabet Inc.)
23. IBM Corporation
24. Jostle Corporation
25. Kintone Corporation
26. LiquidPlanner, Inc.
27. LogMeIn, Inc.
28. Microsoft Corporation
29. MindMeld, Inc.
30. monday.com
31. Nomadesk NV
32. nTask
33. Open Text Corporation
34. Oracle Corporation
35. Slack Technologies, Inc.
36. SMART Technologies
37. TeamViewer GmbH
38. Trello (Atlassian Corporation Plc)
39. Wrike, Inc.
40. Zoom Video Communications, Inc.