Worldwide Team Collaborative Applications Forecast, 2020–2024: The (Big) COVID-19 Bump
This IDC study forecasts the worldwide team collaborative applications market for the 2019–2024 period."The user adoption of collaboration technologies accelerated by almost five years in the first six months of 2020. We are not going back to the old way of working," according to Wayne Kurtzman, research director for Social, Communities, and Collaboration at IDC. "Even with the 2020 peak in new collaboration revenue, the worldwide team collaborative applications market will grow at a five-year CAGR of almost 25%. There is a need to securely and effectively connect every worker to each other and their work."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- "Do More with Less"
- Workflows
- COVID-19-Mandated Collaboration
- Collaborating Outside Your Company
- Integrations, Machine Learning, and Artificial Intelligence
- Inhibitors
- When Good Enough Isn't Good Enough
- Lack of Collaborative Culture
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Team Collaborative Applications
- Methodology
- Historical and Forecast Market Values and Exchange Rates
- Related Research
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