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

July 2023 | 148 pages | ID: TD5DD0D7E197EN
IMARC Group

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Market Overview:

The global team collaboration software market size reached US$ 15.1 Billion in 2022. Looking forward, IMARC Group 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.

Solution
Service

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?
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 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

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


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