Collaboration Software Industry Trends Involve R&D, Upgrades, Mergers And Acquisitions

Collaboration Software Market Report 2021: COVID-19 Growth And Change To 2030

Collaboration Software Global Market Report 2021: COVID-19 Growth And Change To 2030

The Business Research Company’s Collaboration Software Global Market Report 2021: COVID-19 Growth And Change To 2030

LONDON, GREATER LONDON, UK, April 20, 2021 / — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact:

Companies in the collaborative work management market are increasingly investing in research and development to cater to the needs of the users and enhance coordination amongst the teams. Microsoft, for example, released a free version of the Microsoft Teams software in 2018. This software will allow customers to have joint meetings, calls, and talks, along with company security, enforcement, and extra storage and it can be used for the whole organization, regardless of size. Such developments are likely to strengthen market competition among players and consequently increase forecast-period growth in the overall team collaboration software market.

Mergers and acquisitions are other major collaboration software market trends. In February 2018, Microsoft., an US-based company, develops, manufactures, licenses, supports, and sells a range of software products and services acquired Chalkup for an undisclosed amount. Chalkup is a class collaboration platform that connects classes to simplify the process of assigning homework, studying with peers, grading, and sharing resources. Through this acquisition, Microsoft said that it will bring some of the features that Chalkup had built to the Microsoft Teams for Education product experience.

Other major players in the enterprise collaboration software market are Citrix Systems Inc., Slack Technologies, Inc., Oracle Corporation, IBM Corporation, AT&T Intellectual Property, Cisco System, Inc., Google (Alphabet Inc.), BOX, Inc., and TeamViewer GmbH.

Read More On The Global Collaboration Software Market Report:

The global collaboration software market is expected to decline from $22.67 billion in 2020 to $13.1 billion in 2021 at a compound annual growth rate (CAGR) of -42.2%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The collaboration software market is expected to reach $19.69 billion in 2025 at a CAGR of 11%. The countries with team collaboration software market shares are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The collaboration software market covered in this report is segmented by software type into conferencing software, communication and coordination software. The collaboration software market is segmented by deployment into cloud, on premise; end user into IT & telecom, BFSI, retail, healthcare, government, others.

Collaboration Software Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides collaboration software global market overview, forecast collaboration software global market size and growth for the whole market, collaboration software global market segments, and geographies, collaboration software global market trends, collaboration software global market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request For A Sample Of The Global Collaboration Software Market Report:

Here Is A List Of Similar Reports By The Business Research Company:

Telemedicine Services Market – By Technology (Real Time, Store and Forward), By Application (Telecardiology, Telepsychiatry, Teledermatalogy, Teleradiology, Telepathology, Other Telemedicine Services) And By Region, Opportunities And Strategies – Global Forecast To 2030

Video Conferencing Global Market Report 2021: COVID-19 Implications And Growth

Business Processes Outsourcing Market – By Type (CRM BPO, HRO BPO, F&A BPO, And Other BPO Services), Drivers And Restraints, By Region, Opportunities And Strategies – Global Forecast To 2022

Video Game Software Market – By Type (Browser Games, PC Games, Smart Phone/Tablet Games, Console Games), By Genre (Action, Shooter, Adventure, Role Playing, Strategy, Fighting, Sports, Racing, Others), By Type Of Transaction (Physical, Online/ Microtransaction, Digital), And By Region, Opportunities And Strategies – Global Video Game Software Market Forecast To 2030

Cloud Services Market – By Segments (Infrastructure As A Services (IaaS), Platform As A Services (PaaS), Software As A Service (SaaS), Business Process As A Services (BPaaS)), By Country, And By Region, Opportunities And Strategies – Global Forecast To 2022

Interested to know more about The Business Research Company?

Read more about us at

The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
Visit us on social media:

You just read:

News Provided By

April 20, 2021, 06:48 GMT

EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™, tries to define some of the boundaries that are reasonable in today’s world. Please see our Editorial Guidelines for more information.