The global team collaboration software market size will be worth USD 18.30 Billion by 2026, exhibiting a CAGR of 10.3% as per the report published by Fortune Business Insights™. The report states the market to be valued at USD 8.53 Billion in 2018. The global team collaboration software market size is prognosticated to grow remarkably on account of the advent of digitalization into business worldwide.
The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other team collaboration software market trends. The report is available for sale on the company website.
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Regional Analysis for Team Collaboration Software Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
As per the current team collaboration software market trends, the communications and IT telecommunications segment will hold a dominant team collaboration software market share on account of the advent of digitalization and the rising adoption of software-as-a-service.
Some of the significant team collaboration software market manufacturers include:
- TeamViewer GmbH
- LogMeIn, Inc.
- Google (Alphabet Inc.)
- Citrix Systems Inc.
- Slack Technologies, Inc.
- Oracle Corporation
- IBM Corporation
- Zoom Video Communications, Inc.
- BOX, Inc.
- SMART Technologies ULC
- AT&T Intellectual Property
- MindMeld Inc.
- Cisco System, Inc.
- Microsoft Corporation
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“Work-from-home and BYOB Trends to Aid in Expansion of Market”
The advent of digitalization is the prime factor promoting team collaboration software market growth. Additionally, the rising prevalence of smartphone users, coupled with the advancements in the latest technologies, is further expected to help increase the overall team collaboration software market size in the forecast period. Furthermore, the rising trend of Bring Your Device (BYOB), and Work-from-home culture is further anticipated to help attract more team collaboration software market revenues in the coming years.
Major Table of Contents for Team Collaboration Software Market:
- Executive Summary
- Market Dynamics
- Key Team Collaboration Software Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Team Collaboration Software Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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Name: Ashwin Arora
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