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Collaboration Software Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Citrix Systems Inc., Slack Technologies Inc., Oracle Corporation, IBM Corporation, AT&T Intellectual Property
Collaboration Software Market
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The global collaboration software market report by the business research company identifies increasing remote work culture to be a major growth driver for the collaboration software market. According to Flexi Jobs' Remote Work Statistics published in February 2020, major growth was recorded in the number of people working remotely in the USA. The number of people working remotely increased to 159%. The count of people working remotely in the USA increased to 4.7 million or 3.4% of the total population in February 2020. Moreover, the COVID-19 outbreak has forced many companies to streamline work from home which in turn is projected to generate higher demand for the team collaboration software market in the forecast period.
The global collaboration software market grew from $12.5 billion in 2021 to $13.03 billion in 2022 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The collaboration software market is expected to grow to $15.25 billion in 2026 at a CAGR of 4.0%.
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The regions covered in the collaboration software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the collaboration software market are Citrix Systems Inc., Slack Technologies Inc., Oracle Corporation, IBM Corporation, AT&T Intellectual Property, Cisco System Inc., Microsoft Corporation, Google (Alphabet Inc.), BOX Inc., TeamViewer GmbH, LogMeIn Inc., Zoom Video Communications Inc., SMART Technologies ULC, MindMeld Inc., Adobe Systems Incorporated, Asana, Avaya Inc., Blackboard Inc., OpenText Corporation, Siemens, ABB, Schneider Electric, Eaton, General Electric, CG Power, Meidensha, Citrix, Dropbox, Box, Intralinks Holdings Incorporations and Survey Monkey and IBM.
The global collaboration software market is segmented -
1) By Software Type: Conferencing Software, Communication and Coordination Software
2) By Deployment: Cloud, On-premise
3) By End User: IT & Telecom, BFSI, Retail, Healthcare, Government, Others
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The Collaboration Software Market Report Contents Include
1. Executive Summary
2. Collaboration Software Market Characteristics
3. Collaboration Software Market Trends And Strategies
4. Collaboration Software Market - Macro Economic Scenario
5. Collaboration Software Market Size And Growth
....
28. Key Mergers And Acquisitions In The Collaboration Software Market
29. Collaboration Software Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the collaboration software market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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