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Market Research Report

Worldwide Team Collaborative Applications Forecast, 2020-2024: The (Big) COVID-19 Bump

Published by IDC Product code 955546
Published Content info 14 Pages
Delivery time: 1-2 business days
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Worldwide Team Collaborative Applications Forecast, 2020-2024: The (Big) COVID-19 Bump
Published: August 27, 2020 Content info: 14 Pages
Description

This IDC study forecasts the worldwide team collaborative applications market for the 2019-2024 period."The user adoption of collaboration technologies accelerated by almost five years in the first six months of 2020. We are not going back to the old way of working," according to Wayne Kurtzman, research director for Social, Communities, and Collaboration at IDC. "Even with the 2020 peak in new collaboration revenue, the worldwide team collaborative applications market will grow at a five-year CAGR of almost 25%. There is a need to securely and effectively connect every worker to each other and their work."

Table of Contents
Product Code: US45918020

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • "Do More with Less"
      • Workflows
      • COVID-19-Mandated Collaboration
      • Collaborating Outside Your Company
      • Integrations, Machine Learning, and Artificial Intelligence
    • Inhibitors
      • When Good Enough Isn't Good Enough
      • Lack of Collaborative Culture
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

  • Team Collaborative Applications

Methodology

  • Historical and Forecast Market Values and Exchange Rates

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