Key Takeaways
- 44% of employees who work for a company with 200 or more employees are able to work remotely at least some of the time
- 54% of workers with a bachelor’s degree or higher report that they are able to work from home at least some of the time
- 36% of workers in the “information” occupation report they can work from home at least some of the time
- The global videoconferencing market is projected to reach $14.6 billion by 2027 (remote/hybrid enabler market size projection)
- The global team collaboration software market is projected to reach $25.5 billion by 2026
- The global project management software market is projected to reach $9.7 billion by 2026
- 1.4 million people reported working from home as their main job in the US in 2020 (American Time Use Survey context for remote work)
- 30.0% of remote workers reported increased productivity during the pandemic period (survey-based performance finding)
- 63% of employees reported they are more productive at home than in the office (GitLab remote work survey findings)
- 1.2 million weddings per year in the US (wedding industry demand base that affects staffing/operations including remote planning functions)
- $35.5 billion US wedding industry spending in 2023 (remote/hybrid enables vendor marketing and coordination efficiencies)
- $1,000 average cost of wedding planning services (planning vendors’ core revenue model potentially supported by remote coordination)
With remote and hybrid work now mainstream, many wedding industry teams are using digital tools to collaborate, save time, and stay flexible.
Industry Trends
Industry Trends Interpretation
Market Size
Market Size Interpretation
Performance Metrics
Performance Metrics Interpretation
Cost Analysis
Cost Analysis Interpretation
References
- 1bls.gov/news.release/flex2.t01.htm
- 2bls.gov/news.release/flex2.t02.htm
- 3bls.gov/news.release/flex2.t03.htm
- 36bls.gov/news.release/atus.htm
- 48bls.gov/news.release/jolts.htm
- 4gartner.com/en/newsroom/press-releases/2020-08-21-gartner-survey-finds-80-percent-of-employees-will-need-to-work-remotely-during-covid-19
- 20gartner.com/en/newsroom/press-releases/2022-02-17-gartner-says-worldwide-it-spending-to-reach-4-trillion-in-2022
- 47gartner.com/en/articles/remote-working-collaboration-software-spending
- 50gartner.com/en/newsroom/press-releases/2021-02-18-gartner-technology-vendor-insight-saas
- 5microsoft.com/en-us/worklab/work-trend-index/
- 6statista.com/statistics/1137209/video-conferencing-use-employers-worldwide/
- 16statista.com/topics/7796/cyber-security-market/
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- 27statista.com/statistics/273774/us-online-travel-travel-market-size/
- 44statista.com/statistics/1251042/online-wedding-planning-usage/
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- 22fortunebusinessinsights.com/video-collaboration-market-102697
- 29fortunebusinessinsights.com/learning-management-system-lms-market-101966
- 33fortunebusinessinsights.com/crm-market-100049
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- 41nfda.org/research/marriage-wedding-statistics/
- 42theknot.com/content/wedding-statistics
- 43theknot.com/content/wedding-planning-cost
- 45iea.org/reports/work-from-home-and-travel
- 46oecd.org/coronavirus/policy-responses/impact-of-covid-19-on-workers-and-the-economy-6c1a1e4a/
- 49cnbc.com/2020/12/08/business-travel-2021-forecast.html
- 51apa.org/news/press/releases/2021/10/remote-work-survey







