ICT-IOT

Web Collaboration Tools Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR85

Author : Siddharth S.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 21.20 Billion

Forecasted Value (2030)

USD 59.47 Billion

CAGR (2023 - 2030)

14.00%

Fastest Growing Region (2023 - 2030)

Asia-Pacific

Largest Region

North America

By Product

Cloud Based, On-Premises

By End-User

Large Enterprises, Small and Medium Enterprises


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The global web collaboration tools market is projected to reach USD 59.47 billion by 2030, growing at a CAGR of 14.00% from 2023 to 2030.
The global web collaboration tools market was valued at USD 21.20 billion in 2022.
In the aftermath of the pandemic-induced shift towards hybrid working models, the demand for collaboration solutions and intelligent meeting rooms in office spaces is anticipated to persist. In response, prominent industry players are releasing novel solutions designed to promote and encourage active collaboration and enhance employee engagement with newly launch products.
Top manufacturers of web collaboration tools are Asana Inc., Atlassian, Smartsheet Inc., Slack Technologies Inc., Microsoft, Zoom Video Communications, Inc., Cisco Systems, Inc., Salesforce, Inc., RingCentral, Inc., GoTo, among others
Asia-Pacific is the fastest growing region with the CAGR of 15.60% in the forecasted period (2023-2030) with the market value forecasted to reach at USD 12.35 billion by 2030.
By product, cloud based will hold the maximum share in the web collaboration tools market with the revenue value of USD 35.74 billion in 2030.
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