Worldwide Team Collaborative Applications Forecast, 2020–2024: The (Big) COVID-19 Bump

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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