The key players in the team collaboration software market include Adobe Systems Incorporated, Asana, Avaya Inc., AT & T, Inc., Blackboard Inc., Cisco Systems, Inc., Citrix Systems, Inc., IBM Corporation, Microsoft Corporation, OpenText Corporation, Oracle Corporation and Slack Technologies, Inc.
The growing internet usage along with the adoption of cloud-based software as a service (SaaS) across the globe is driving the market growth. Also, increasing demand for communication & conferencing solutions in enterprises is again boosting the market growth. In addition, rising demand for integrating device & data with analytical IoT tools across the organization is further fuelling the market demand. On the other hand, high capital amount and growing security concerns may limit the market growth.
The broad team collaboration software market has been sub-grouped into deployment, software type and end-user. the geographical segmentation which mainly focuses on current and forecast demand for team collaboration software in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Deployment
- Cloud
- On-premise
- By Software Type
- Conferencing Software
- Communication & Coordination Software
By End-User
- Manufacturing
- BFSI
- IT & telecom
- Retail
- Healthcare
- Logistics & transportation
- Education
Source: https://www.valuemarketresearch.com/report/team-collaboration-software-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.