Collaboration Software Market size will exceed USD 30 billion globally in terms of annual valuation by 2026. The growing need for remote management of projects across enterprises is fueling the adoption of the solutions. Increasing focus of organizations on integrated managing, processing, and sharing of files, resources and data in real-time is likely to stimulate industry outlook.

The market solution for education application is set to grow at 13% over 2020-2026 on account of growing adoption of these offerings by colleges and universities for providing uninterrupted educational services to students.

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The collaboration software market is provided to the enterprises through cloud deployment as a software-as-a-service. The software offers enhanced accessibility and collaborative business processing by minimizing integration complexities as well as costs. Cloud industry solutions adoption rate is estimated to grow over 20% during the analysis period. 

The growing adoption of collaborative software can be attributed to the ability of the service to enable enterprises digitize their business processes. It also aids enterprises to focus more on productivity and reduce the resource utilization. Under the current COVID-19 situation, cloud-based collaboration software market solutions are enabling enterprises in connecting team members across diverse sites worldwide, for providing combined project management capabilities.

In 2019, North America held a major share of the global collaboration software market and is estimated to exhibit a steady growth rate over the coming years. The regional growth can be attributed to the extensive presence of large enterprises including Google LLC, Slack Technologies, IBM Corporation and others.

The established companies across North America are adopting collaboration software market for large project management for clients and partners. For instance, Microsoft Corporation announced the availability of partner-to-partner collaboration tool in its partner network in 2019. This aided the company in integrating partner technology along with delivering cloud-based solutions.

The Prominent Key Players in the market include AT&T Inc., Atlassian Corporation Plc, AudioCodes Ltd., Avaya Inc., Blackboard Inc., BOX

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Table of Content

Chapter 7.   Collaboration Software Market, By Organization Size

7.1.  Key trends, by organization size

7.2.  SMEs

7.2.1. Market estimates and forecast, 2015 - 2026

7.3.  Large Enterprises

7.3.1. Market estimates and forecast, 2015 - 2026

Chapter 8.   Collaboration software Market, By Application

8.1.  Key trends, by application

8.2.  BFSI

8.2.1. Market estimates and forecast, 2015 - 2026

8.3.  IT & telecom

8.3.1. Market estimates and forecast, 2015 - 2026

8.4.  Retail and consumer goods

8.4.1. Market estimates and forecast, 2015 - 2026

8.5.  Healthcare

8.5.1. Market estimates and forecast, 2015 - 2026

8.6.  Education

8.6.1. Market estimates and forecast, 2015 – 2026

8.7.  Government

8.7.1. Market estimates and forecast, 2015 - 2026

8.8.  Others

8.8.1. Market estimates and forecast, 2015 – 2026

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