GITNUX MARKETDATA REPORT 2024

Collaboration Software Industry Statistics

The collaboration software industry is projected to witness steady growth driven by increasing demand for remote work solutions, with an expected market value of $16.6 billion by 2025.

Statistic 1

"By 2024, the global collaboration software market is expected to reach a massive $16.60 Billion."

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Statistic 2

"The collaboration software market is set to achieve over a 13% CAGR from 2020 to 2026."

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Statistic 3

"By 2025, 70% of teams could be using collaboration tools to work together effectively."

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Statistic 4

"Microsoft Teams, a leading collaboration software, saw more than a 300% increase in its active users in 2020 due to the pandemic."

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Statistic 5

"In 2018, 83% of workers depended on technology for collaboration."

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Statistic 6

"The Asia-Pacific region is expected to rise at a CAGR of 15.1% in the collaboration software market from 2019 to 2025."

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Statistic 7

"Nearly 80% of businesses currently use more than one collaboration tool."

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Statistic 8

"By 2023, the number of business users using cloud-based collaboration services is expected to jump from 50% to 80%."

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Statistic 9

"MS Teams and Zoom are the most popular communication apps in North America and Europe, with over 44% market share."

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Statistic 10

"The Cloud Collaboration Market size is expected to reach $61.3 billion by 2026."

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Statistic 11

"In 2020, 40% of US businesses found that remote work increased their team collaboration."

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Statistic 12

"The collaboration software industry in America is expected to grow by 6.3% by 2025."

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Statistic 13

"As of 2019, Zoom had an annual revenue of $622.7 million, indicating rapid growth in the collaboration software industry."

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Statistic 14

"Europe is expected to expand at a CAGR of 9.1% within the period of 2019-2025 in the collaboration software market."

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Statistic 15

"In 2018, 56% of global businesses used apps that integrated with their collaboration tools."

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Statistic 16

"In 2021, 93% of employees reported that they now use at least one collaboration app."

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Statistic 17

"The collaboration software market in the manufacturing sector is predicted to grow at over 20% CAGR from 2019 to 2025."

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Statistic 18

"Slack, a popular collaboration software, had over 12 million daily active users in 2020."

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Statistic 19

"In 2020, the global collaboration software market was valued at about $9.5 billion."

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