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Rise In Remote And Hybrid Work Models Driving Market Expansion As Businesses Prioritize Advanced Communication Tools And Workflow Automation: Powering Innovation and Expansion in the Global Generative AI In Organizational Collaboration Market by 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Generative AI In Organizational Collaboration Market Size Growth Forecast: What to Expect by 2025?
The market size of generative ai in organizational collaboration has witnessed significant expansion in the past few years. It is set to elevate from $7 billion in 2024 to $8.88 billion in 2025, with a compound annual growth rate (CAGR) of 26.7%. The historic period's expansion can be credited to the rising demand for workflow and process automation, the escalating need for enhanced decision-making, the growing application of cloud computing, the increased concentration on digital transformation, and the surge in generative AI-based code generation.
How Will the Generative AI In Organizational Collaboration Market Size Evolve and Grow by 2029?
Expect significant expansion in the generative AI in organizational collaboration market in the coming years, with projections suggesting a growth to $22.75 billion by 2029, marking a compound annual growth rate (CAGR) of 26.5%. The surge over the forecast period is largely credited to factors such as the use of AI to streamline remote team collaborations, the growing requirement for predictive analytics, an amplified focus on employee health by means of AI collaboration tools, an uptick in AI-powered tools tailored for the education sector, and the increased employment of AI to identify and iron out collaboration obstacles. Key trends expected during the forecast period encompass the uptake of AI-powered instruments, the need for real-time data analysis, accelerated innovation cycles, amalgamation with older systems, and the utilization of natural language processing (NLP).
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What Drivers Are Propelling the Growth of Generative AI In Organizational Collaboration Market Forward?
The increasing popularity of remote and hybrid work setups is projected to fuel the expansion of the generative AI market in organizational collaboration. Remote work enables employees to execute their roles entirely from non-traditional office spaces, whereas a hybrid setup combines both remote and on-location work, providing a flexible balance between the two. Factors contributing to the rise of remote and hybrid work models include technological advancements, evolving employee needs for flexible work and employers acknowledging the cost effectiveness and productivity advantages. Generative AI bolsters organizational collaboration within these work setups by enhancing communication, automating mundane tasks and nurturing creativity through smart content generation and decision-making assistance. For instance, data from the Office for National Statistics, a UK government agency, shows that in February 2023, between 25% and 40% of working adults reported working from home throughout 2022. In total, 44% of workers participated in at-home or hybrid work, with 28% implementing a hybrid model and 16% exclusively working from home. Consequently, this surge in remote and hybrid work setups is propelling the growth of generative AI in the organizational collaboration field.
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Which Emerging Trends Are Transforming the Generative AI In Organizational Collaboration Market in 2025?
Key players in the generative AI in organizational collaboration market are concentrating on the advancement of high-tech solutions, such as AI tools, to boost efficiency, precision, and informed decision-making by automating intricate tasks, scrutinizing large datasets, and offering immediate insights. AI tools are software applications or systems that employ machine learning, natural language processing, or other AI technologies to automate tasks, analyze data, and aid in decision-making functions. For example, Jasper AI Inc., an American enterprise AI marketing company, launched the Jasper Studio in December 2024. Jasper's unique feature enables marketers to design and implement AI apps and workflows with native integration into Slack. This setup simplifies workflows by integrating AI-enabled content creation directly into teamwork channels, facilitating marketing teams to effortlessly access almost 100 Jasper apps, utilize Brand IQ for maintaining consistent voice and tone, and generate content straight from their slack channels.
What Are the Key Segments in the Generative AI In Organizational Collaboration Market?
The generative ai in organizational collaborationmarket covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
4) By Industry Vertical: Information Technology (IT) And Telecommunications, Banking, Financial Services And Insurance (BFSI), Healthcare, Manufacturing, Retail, Education, Government And Public Sector, Other Industry Verticals
Subsegments:
1) By Solution: AI-Powered Virtual Assistants, Automated Content Generation Tools, AI-Driven Document Management Systems, Real-Time AI Translation And Transcription Solutions, AI-Based Workflow Automation Platforms
2) By Services: Consulting And Strategy Development Services, Integration And Deployment Services, Managed AI Collaboration Services, Training And Support Services, Customization And Optimization Services
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Who Are the Key Players Shaping the Generative AI In Organizational Collaboration Market's Competitive Landscape?
Major companies operating in the generative AI in organizational collaboration market are Microsoft Corporation, accenture* Plc, International Business Machines Corporation, Oracle Corporation, SAP SE, Salesforce Inc., Zoom Video Communications Inc., Zoho Corporation Pvt. Ltd., Atlassian Corp., Blue Yonder Inc., GEP, Asana Inc., Canva, HashiCorp Inc., Wrike Inc., Airtable, Gong io Ltd., Kaltura, ClickUp, Jasper AI Inc., Artera, Glean, Tidio LLC, Hugging Face Inc., Synthesia Ltd., Cohere Inc.
What Geographic Markets Are Powering Growth in the Generative AI In Organizational Collaboration Market?
North America was the largest region in the generative AI in organizational collaboration market in 2024. The regions covered in the generative AI in organizational collaboration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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