Team collaboration software provides common features such as messaging, file/document sharing, screen sharing, and many others. These types of software are majorly used in almost all the organizations to help their employee separate conversation from personal chats, which helps to boost productivity and allows an organization to operate transparently. Many team collaboration software have evolved from messaging to video or audio calls. Moreover, many team collaboration software are part of large collaborative platforms that are designed to integrate various other applications in an enterprise environment.
On-going COVID-19 pandemic have imposed work-from-home policies across the globe, which in turn is a major factor to drive high adoption of team collaboration software in 2020. Team collaboration software provides coordination of cross-continent teams which helps achieve transparency in mode of communication in an organization. Moreover, rise in demand for collaborative platforms that improve the workflow efficiencies is driving the team collaboration software market. As these platforms streamline and improve communication as employees work from a shared system, and positively impact the external relationships as the information is recorded and edited in a central system. Some of the other factors expected to boost the growth of the team collaboration software market include increase in adoption of cloud-based Software as a Service (SaaS), growing shift toward virtual businesses due to COVID-19 pandemic, and growing popularity of team collaboration software to reduce administration and maintenance cost. However, lack of IT infrastructure in developing regions could hamper the market growth to a certain extent. Contrary, integration of advanced technologies in team collaboration software is expected to create significant revenue growth opportunities for players operating in the global market.
The team collaboration software market is segmented on the basis of component, deployment, software type, industry vertical, and region. On the basis of component, it is categorized into software and service. On the basis of deployment, it is classified into on-premise and cloud. By software type, it is bifurcated into conferencing and communication and co-ordination. Depending on industry vertical, it is divided into BFSI, manufacturing, healthcare, IT & telecommunications, retail & e-commerce, government & defense, media & entertainment, education, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The company profiles of team collaboration software market players included in this report are AT&T Intellectual Property, Cisco System Inc., Citrix Systems Inc., Google LLC, IBM Corporation, Microsoft Corporation, MindMeld Inc., Oracle Corporation, Slack Technologies, Inc., and SMART Technologies ULC.
Key Benefits for Stakeholders
Key Market Segments
By Component
By Deployment Mode
By Software Type
By Industry Vertical
By Region
Key Market Players
On-going COVID-19 pandemic have imposed work-from-home policies across the globe, which in turn is a major factor to drive high adoption of team collaboration software in 2020. Team collaboration software provides coordination of cross-continent teams which helps achieve transparency in mode of communication in an organization. Moreover, rise in demand for collaborative platforms that improve the workflow efficiencies is driving the team collaboration software market. As these platforms streamline and improve communication as employees work from a shared system, and positively impact the external relationships as the information is recorded and edited in a central system. Some of the other factors expected to boost the growth of the team collaboration software market include increase in adoption of cloud-based Software as a Service (SaaS), growing shift toward virtual businesses due to COVID-19 pandemic, and growing popularity of team collaboration software to reduce administration and maintenance cost. However, lack of IT infrastructure in developing regions could hamper the market growth to a certain extent. Contrary, integration of advanced technologies in team collaboration software is expected to create significant revenue growth opportunities for players operating in the global market.
The team collaboration software market is segmented on the basis of component, deployment, software type, industry vertical, and region. On the basis of component, it is categorized into software and service. On the basis of deployment, it is classified into on-premise and cloud. By software type, it is bifurcated into conferencing and communication and co-ordination. Depending on industry vertical, it is divided into BFSI, manufacturing, healthcare, IT & telecommunications, retail & e-commerce, government & defense, media & entertainment, education, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The company profiles of team collaboration software market players included in this report are AT&T Intellectual Property, Cisco System Inc., Citrix Systems Inc., Google LLC, IBM Corporation, Microsoft Corporation, MindMeld Inc., Oracle Corporation, Slack Technologies, Inc., and SMART Technologies ULC.
Key Benefits for Stakeholders
- The study provides an in-depth analysis of the current & future trends of the market to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global team collaboration software market share is provided.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the team collaboration software industry.
- The quantitative analysis of the market from 2019 to 2027 is provided to determine the market potential.
Key Market Segments
By Component
- Software
- Service
By Deployment Mode
- On-Premise
- Cloud
By Software Type
- Conferencing
- Communication and Co-ordination
By Industry Vertical
- BFSI
- Manufacturing
- Healthcare
- IT & Telecommunications
- Retail & E-commerce
- Government & Defense
- Media & Entertainment
- Education
- Others (Travel & Hospitality, Oil & Gas, and Energy & Utilities)
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- AT&T Intellectual Property
- Cisco System Inc.
- Citrix Systems Inc.
- Google LLC
- IBM Corporation
- Microsoft Corporation
- MindMeld Inc.
- Oracle Corporation
- Slack Technologies, Inc.
- SMART Technologies ULC
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Team Collaboration Software Market, by Component
Chapter 5: Global Team Collaboration Software Market, by Deployment
Chapter 6: Team Collaboration Software Market, by Software Type
Chapter 7: Global Team Collaboration Software Market, by Industry Vertical
Chapter 8: Team Collaboration Software Market, by Region
Chapter 9: Competitive Landscape
Chapter 10: Company Profile
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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