Product ID: SQMIG45E2139
Global Team Collaboration Software Market Size, Share, Growth Analysis, By Deployment(Cloud, and On-premise), By Software Type(Conferencing Software, and Communication & Coordination Software), By Application(Manufacturing, BFSI) - Industry Forecast 2024-2031
Report ID:
SQMIG45E2139 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
92 |
Figures:
76
Global Team Collaboration Software Market Regional Insights
North America held dominance in 2022 with 33% market share, owing to the region's growing adoption of online meeting solutions as well as collaboration portals. Furthermore, simple access to fast internet, which is required for operating freelance models, is projected to help the regional market's growth prospects. The industry is likely to benefit from the strong presence of numerous prominent market players, including Microsoft, Cisco Systems, a subsidiary, and Asana.
Asia Pacific accounted for over 22.0% of total revenue due to increased enterprise digitization & the creation of high-speed internet connections in the region. As a result of such improvements, firms are being pushed to deploy software for teamwork in order to maximize their workforce and foster effective employee connection. In India, Microsoft Teams Starter will become available in December 2021. This solution was developed to give a low-cost, competent team solution, especially to benefit small businesses.
Global Team Collaboration Software Market Report Snapshots
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