Collaboration Software Market Size - By Component (Solution [Conferencing, Content Sharing, Project Management, Enterprise Social Networking, Messaging], Service [Professional Services, Managed Services]), Deployment Model, Organization Size, Application
Description
Collaboration Software Market Size - By Component (Solution [Conferencing, Content Sharing, Project Management, Enterprise Social Networking, Messaging], Service [Professional Services, Managed Services]), Deployment Model, Organization Size, Application & Forecast, 2023 - 2032
Collaboration software market size is predicted to observe more than 12% CAGR between 2023 and 2032, primarily due to the rapid adoption of remote work practices. The outbreak of the COVID-19 pandemic created a demand for robust digital tools that enable effective communication and collaboration among remote teams. A survey in June 2022 showed that nearly 8 out of 10 people are either working remotely or hybrid. As per the FlexJobs’ Employee Engagement Report, 48% of employers are continuing some form of remote work for their workforce.
The focus on efficiency and productivity enhancement in modern workplaces is pushing organizations to invest in collaboration software that streamlines workflows. Furthermore, advancements in technology, such as AI and cloud computing, are enabling collaboration tools to offer more sophisticated features, enhancing the user experience and overall performance.
The global collaboration software industry is classified based on component, deployment model, organization size, application, and region.
The large enterprises segment is expected to grow significantly through 2032. As these organizations manage diverse teams and complex workflows, they are turning to advanced collaboration software to optimize communication and teamwork. The tools designed for large enterprises offer scalability, security, and integration capabilities that cater to the unique requirements of organizations with a significantly large workforce.
The BFSI segment is anticipated to generate massive revenues for the market by 2032 owing to the stringent security and compliance requirements across financial institutes. BFSI organizations are adopting collaboration software to ensure seamless communication among employees and improve customer interactions. The integration of these software in the BFSI sector not only enhances operational efficiency but also contributes to enhanced customer service and overall customer satisfaction.
Europe collaboration software market value will be more than USD 14.5 billion by 2032 as organizations are increasingly recognizing the importance of collaboration tools to stay competitive in the global business landscape. The region’s diverse industries like manufacturing, finance, and healthcare, are actively implementing these software to streamline operations and stay agile in a rapidly evolving digital world. Being at the forefront of adopting advanced tech, Europe will stay a lucrative avenue for the market players.
Table of Contents
300 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Collaboration software market 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
- 2.3 Regional trends
- 2.4 Component trends
- 2.5 Organization size trends
- 2.6 Deployment model trends
- 2.7 Application trends
- Chapter 3 Collaboration Software Market Industry Insights
- 3.1 Impact on COVID-19
- 3.2 Russia- Ukraine war impact
- 3.3 Industry ecosystem analysis
- 3.4 Vendor matrix
- 3.5 Profit margin analysis
- 3.6 Technology innovation landscape
- 3.7 Patent analysis
- 3.8 Key news and initiatives
- 3.9 Regulatory landscape
- 3.10 Impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Growing digital transformation initiatives by enterprises
- 3.10.1.2 Proliferation of mobile devices
- 3.10.1.3 Increasing demand for real-time collaboration
- 3.10.1.4 Rising shift of businesses towards hybrid working model
- 3.10.2 Industry pitfalls & challenges
- 3.10.2.1 Security and privacy concerns
- 3.10.2.2 Integration challenges
- 3.11 Growth potential analysis
- 3.12 Porter's analysis
- 3.13 PESTEL analysis
- Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major market players, 2022
- 4.3.1 Zoom Video Communications, Inc.
- 4.3.2 Slack Technologies, Inc.
- 4.3.3 BOX, Inc.
- 4.3.4 Microsoft Corporation
- 4.3.5 Cisco Systems Inc.
- 4.3.6 AT&T Inc.
- 4.3.7 IBM Corporation
- 4.4 Competitive positioning matrix, 2022
- 4.5 Strategic outlook matrix, 2022
- Chapter 5 Collaboration Software Market Estimates & Forecast, by Component (Revenue)
- 5.1 Key trends, by component
- 5.2 Solution
- 5.2.1 Conferencing
- 5.2.2 Content sharing
- 5.2.3 Project management
- 5.2.4 Enterprise social networking
- 5.2.5 Messaging
- 5.3 Services
- 5.3.1 Professional services
- 5.3.2 Managed services
- Chapter 6 Collaboration Software Market Estimates & Forecast, by Organization size (Revenue)
- 6.1 Key trends, by organization size
- 6.2 SMEs
- 6.3 Large enterprises
- Chapter 7 Collaboration Software Market Estimates & Forecast, By Deployment Model (Revenue)
- 7.1 Key trends, by deployment model
- 7.2 On-premises
- 7.3 Cloud
- Chapter 8 Collaboration Software Market Estimates & Forecast, By Application (Revenue)
- 8.1 Key trends, by application
- 8.2 BFSI
- 8.3 IT & telecom
- 8.4 Retail & consumer goods
- 8.5 Healthcare
- 8.6 Education
- 8.7 Government
- 8.8 Others
- Chapter 9 Collaboration Software Market Estimates & Forecast, By Region
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.3.7 Nordics
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- Chapter 10 Company Profiles
- 10.1 AT&T Inc.
- 10.2 Atlassian Corporation Plc
- 10.3 AudioCodes Ltd.
- 10.4 Avaya Inc.
- 10.5 Blackboard Inc.
- 10.6 BOX, Inc
- 10.7 Cisco Systems Inc.
- 10.8 Citrix Systems Inc
- 10.9 Google LLC
- 10.10 GoTo
- 10.11 IBM Corporation
- 10.12 Micro Focus International plc
- 10.13 Microsoft Corporation
- 10.14 OpenText Corporation
- 10.15 Oracle Corporation
- 10.16 Polycom, Inc
- 10.17 Slack Technologies, Inc.
- 10.18 SMART Technologies
- 10.19 TeamViewer GmbH
- 10.20 Zoho Corporation Private Limited
- 10.21 Zoom Video Communications, Inc.
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
