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Team Collaboration Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 148 Pages
  • July 2023
  • Region: Global
  • IMARC Group
  • ID: 5849956
Description Jump to:
The global team collaboration software market size reached US$ 15.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 34.3 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028.

Team collaboration software helps maximize teamwork effectiveness by providing a central platform wherein employees can share knowledge, data, and documents to solve specific business problems or complete creative projects together. Its core features include social networking, document management, powerful search engines, task management, and smooth user interfaces on any device. It also delivers a wide range of advantages, from cost savings to increasing productivity and enhancing security. Consequently, several organizations are incorporating team collaboration software into their day-to-day business operations for allowing teams to interact from any location on the cloud and boosting company productivity and growth.

Team Collaboration Software Market Trends:

With the increasing number of organizations adopting remote or hybrid working models, there is a rise in the need for team collaboration software to make remote work more transparent and efficient and maintain business continuity. Apart from this, due to the growing volume of financial transactions, banks are embedding digital collaboration into process workflows to improve employee productivity. In addition, with a large amount of sensitive data being handled, team collaboration software is gaining traction in the oil and gas industry as it helps increase communication while removing the disconnect between teams, thereby saving time, improving safety for ground teams, and identifying poor-performing workflows. Furthermore, the growing focus of health firms on delivering better patient care while reducing costs is driving the demand for team collaboration software to enable health workers in communicating and coordinating using mobile or desktop devices. Besides this, the thriving e-commerce industry is expanding the use of team collaboration software in the transportation sector to make a real-time network between suppliers, shippers, and carriers.

Breakup by Software Type:

  • Conferencing
  • Communication and Co-Ordination

Breakup by Deployment:

  • On-Premises
  • Cloud-based

Breakup by Industry Vertical:

  • BFSI
  • Manufacturing
  • Healthcare
  • IT and Telecommunications
  • Retail and E-commerce
  • Government and Defense
  • Media and Entertainment
  • Education
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Adobe Inc., AT&T Inc, Avaya Inc., Blackboard Inc. (Anthology Inc.), Cisco Systems Inc., Citrix Systems Inc, International Business Machines Corporation, Microsoft Corporation, Open Text Corporation, Oracle Corporation, Slack Technologies LLC (Salesforce Inc.) and SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.).

Key Questions Answered in This Report

1. What was the size of the global team collaboration software market in 2022?
2. What is the expected growth rate of the global team collaboration software market during 2023-2028?
3. What has been the impact of COVID-19 on the global team collaboration software market?
4. What are the key factors driving the global team collaboration software market?
5. What is the breakup of the global team collaboration software market based on the components?
6. What is the breakup of the global team collaboration software market based on the software type?
7. What is the breakup of the global team collaboration software market based on deployment?
8. What is the breakup of the global team collaboration software market based on the industry vertical?
9. What are the key regions in the global team collaboration software market?
10. Who are the key players/companies in the global team collaboration software market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Team Collaboration Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Components
6.1 Solution
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Service
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Software Type
7.1 Conferencing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Communication and Co-Ordination
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment
8.1 On-Premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Manufacturing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Healthcare
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 IT and Telecommunications
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Retail and E-Commerce
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Government and Defense
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Media and Entertainment
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Education
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Adobe Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 AT&T Inc
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Avaya Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Blackboard Inc. (Anthology Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 SWOT Analysis
15.3.5 Cisco Systems Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Citrix Systems Inc
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 International Business Machines Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Microsoft Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Open Text Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Oracle Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Slack Technologies LLC (Salesforce Inc.)
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.)
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Team Collaboration Software Market: Major Drivers and Challenges
Figure 2: Global: Team Collaboration Software Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Team Collaboration Software Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Team Collaboration Software Market: Breakup by Components (in %), 2022
Figure 5: Global: Team Collaboration Software Market: Breakup by Software Type (in %), 2022
Figure 6: Global: Team Collaboration Software Market: Breakup by Deployment (in %), 2022
Figure 7: Global: Team Collaboration Software Market: Breakup by Industry Vertical (in %), 2022
Figure 8: Global: Team Collaboration Software Market: Breakup by Region (in %), 2022
Figure 9: Global: Team Collaboration Software (Solution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Team Collaboration Software (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Team Collaboration Software (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Team Collaboration Software (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Team Collaboration Software (Conferencing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Team Collaboration Software (Conferencing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Team Collaboration Software (Communication and Co-Ordination) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Team Collaboration Software (Communication and Co-Ordination) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Team Collaboration Software (On-Premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Team Collaboration Software (On-Premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Team Collaboration Software (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Team Collaboration Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Team Collaboration Software (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Team Collaboration Software (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Team Collaboration Software (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Team Collaboration Software (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Team Collaboration Software (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Team Collaboration Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Team Collaboration Software (IT and Telecommunications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Team Collaboration Software (IT and Telecommunications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Team Collaboration Software (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Team Collaboration Software (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Team Collaboration Software (Government and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Team Collaboration Software (Government and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Team Collaboration Software (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Team Collaboration Software (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Team Collaboration Software (Education) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Team Collaboration Software (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Team Collaboration Software (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Team Collaboration Software (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Team Collaboration Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Team Collaboration Software Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Team Collaboration Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Team Collaboration Software Industry: SWOT Analysis
Figure 89: Global: Team Collaboration Software Industry: Value Chain Analysis
Figure 90: Global: Team Collaboration Software Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Team Collaboration Software Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Team Collaboration Software Market Forecast: Breakup by Components (in Million US$), 2023-2028
Table 3: Global: Team Collaboration Software Market Forecast: Breakup by Software Type (in Million US$), 2023-2028
Table 4: Global: Team Collaboration Software Market Forecast: Breakup by Deployment (in Million US$), 2023-2028
Table 5: Global: Team Collaboration Software Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 6: Global: Team Collaboration Software Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Team Collaboration Software Market: Competitive Structure
Table 8: Global: Team Collaboration Software Market: Key Players

Companies Mentioned

  • Adobe Inc.
  • AT&T Inc
  • Avaya Inc.
  • Blackboard Inc. (Anthology Inc.)
  • Cisco Systems Inc.
  • Citrix Systems Inc
  • International Business Machines Corporation
  • Microsoft Corporation
  • Open Text Corporation
  • Oracle Corporation
  • Slack Technologies LLC (Salesforce Inc.)
  • SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.)

Methodology

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Table Information

Report AttributeDetails
No. of Pages148
PublishedJuly 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 15.1 Billion
Forecasted Market Value ( USD ) by 2028 $ 34.3 Billion
Compound Annual Growth Rate14.7%
Regions CoveredGlobal
No. of Companies Mentioned12

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