Global Team Collaboration Software Industry to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com

DUBLIN--()--The "Global Team Collaboration Software Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

The Global Team Collaboration Software market is expected to reach $72.24 billion by 2026 growing at a CAGR of 12.4% from 2018 to 2026.

Team collaboration software can be defined as software that allows the processing, management and sharing of documents, files and other documents among systems or several users. This software allows two or more remote customers to equally work on a same project or task. Hence, the type of software is very efficient for group processes helping people involved in a mutual task to complete their goals. In contrary, with the help of team collaboration software, group associates are able to build workspaces that are accessible and viewable by all other users from different location. Also, collaboration and conferencing solutions are regularly becoming a mainstream tool for effective communication.

Factors such as increasing adoption of AI based collaboration solutions, and growing demand for work from home are driving the market growth. Though, Lack of IT infrastructure in developing economies is restraining the market growth. Moreover, combination of collaboration services, and web based conferencing are the opportunities for the Team Collaboration Software market.

Based on deployment, the cloud base segment is going to have a lucrative growth during the forecast period, due to the easy deployment and security offerings for the organizations to store and transfer data. Additionally, cloud-based team collaboration software helps employees to access data from any place and at any time. In on-premise deployment, data is stored on personal servers rather than on the vendor's server, which increases the capital expenditure of the organization. Thus, organizations are shifting towards cloud-based team collaboration software from on-premise deployment.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analysed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Team Collaboration Software Market, By Deployment

5.1 Introduction

5.2 Cloud

5.3 On-Premises

6 Global Team Collaboration Software Market, By Application

6.1 Introduction

6.2 Communication & Coordination Software

6.3 Conferencing Software

7 Global Team Collaboration Software Market, By End User

7.1 Introduction

7.2 Banking, Financial Services, and Insurance

7.3 Communications and Media

7.4 Education

7.5 Government

7.6 Healthcare

7.7 IT & Telecom

7.8 Manufacturing

7.9 Retail

7.10 Services

7.11 Transportation & Logistics

7.12 Utilities and Resources

8 Global Team Collaboration Software Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape

10.1 Adobe Systems

10.2 AT&T

10.3 Cisco Systems

10.4 Citrix Systems

10.5 IBM

10.6 Microsoft Corporation

10.7 Novell

10.8 Oracle Corporation

10.9 Polycom

10.10 Radisys

10.11 Smart Technologies

10.12 Unify Software and Solutions GmbH & Co

10.13 Yahoo

For more information about this report visit https://www.researchandmarkets.com/r/kume8j

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900