[ad_1]
This “2021 Collaboration Software Global Market Report: COVID-19 Growth and Changes to 2030” Report has been added to ResearchAndMarkets.com supply.
The global collaboration software market is expected to drop from USD 22.67 billion in 2020 to USD 13.1 billion in 2021, with a compound annual growth rate (CAGR) of -42.2%. It is estimated that by 2025, the market will reach USD 19.69 billion with a compound annual growth rate of 11%.
The 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., And TeamViewer Ltd.
The collaboration software market includes the sales of team collaboration software and related services. The collaboration software aims to promote communication among team members by providing users with a convenient and informal space, conducting group discussions and sharing relevant information.
Team collaboration software is a platform that promotes rapid communication, problem solving and inquiries, access to shared knowledge and files, and inspection tasks. It provides various functions such as task management, file sharing, messaging, document collaboration, VoIP and video conferencing, calendaring, integration, and search.
The collaboration software market covered in this report is divided into conference software, communication and coordination software by software type. It is segmented by deploying to the cloud; end users…
The full story can be found on Benzinga.com
[ad_2]
Source link
