Global Team Collaboration Software Market Size & Outlook
Global team collaboration software market, 2018-2030 (US$M)
Related Markets
Global team collaboration software market highlights
- The global team collaboration software market generated a revenue of USD 27,408.1 million in 2022 and is expected to reach USD 56,670.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.5% by 2030.
- In terms of segment, on-premise accounted for a revenue of USD 14,767.3 million in 2022.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 27,408.1 million |
| Market revenue in 2030 | USD 56,670.0 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | On-premise |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-premise |
Other key industry trends
- In terms of revenue, the North America accounted for 31.7% of the global team collaboration software market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 3,960.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Team Collaboration Software Market Scope
Team Collaboration Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global team collaboration software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to team collaboration software market will help companies and investors design strategic landscapes.
On-premise was the largest segment with a revenue share of 53.88% in 2022. Horizon Databook has segmented the Global team collaboration software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
The rise of SaaS in the business environment has offered new growth challenges and opportunities for software companies. The growing interest in web-based alternatives to perpetual license software and traditional on premises is fueling the demand for available next-generation subscription services.
Businesses are turning to SaaS solutions because of their collaborative capabilities and continuous innovation. These factors have led team collaboration software to become more independent of their web-based applications, resulting in fewer service failures, slow response times, and hampered communication conferencing solutions.
Additionally, machine learning and artificial intelligence have captured the SaaS landscape, which has enabled users to interact with software solutions. The data extracted from cloud-based video conferencing provides a more natural way to schedule meetings.
Reasons to subscribe to Global team collaboration software market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global team collaboration software market databook
-
Our clientele includes a mix of team collaboration software market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global team collaboration software market , including forecasts for subscribers. This global databook contains high-level insights into Global team collaboration software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global team collaboration software market size, by regions, 2018-2030 (US$M)
Top 10 countries: Team collaboration software market size, 2022 (US$M)
Global team collaboration software market share, by deployment, 2022 & 2030 (%, US$M)
Team collaboration software market: Opportunity assessment by country
Global team collaboration software market, by region, 2022 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
