Global Team Collaboration Software Market Size & Outlook
Global team collaboration software market, 2018-2030 (US$M)
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Global team collaboration software market highlights
- The global team collaboration software market generated a revenue of USD 36,114.2 million in 2024 and is expected to reach USD 57,403.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 7.4% by 2030.
- In terms of segment, cloud accounted for a revenue of USD 20,801.0 million in 2024.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 36,114.2 million |
| Market revenue in 2030 | USD 57,403.8 million |
| Growth rate | 7.4% (CAGR from 2025 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-premise |
Other key industry trends
- In terms of revenue, the North America accounted for 37.7% of the global team collaboration software market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 3,474.0 million by 2030.
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Team Collaboration Software Market Scope
Team Collaboration Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Asana Inc Ordinary Shares - Class A | View profile | 1840 | 633 Folsom Street, Suite 100, San Francisco, CA, United States, 94107 | https://www.asana.com |
| Citrix Systems Italia S.r.L. | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.citrix.it |
| Blackboard | View profile | 1001-5000 | Washington, District of Columbia, United States, North America | http://www.blackboard.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| Open Text Corp | View profile | 23700 | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 | https://www.opentext.com |
| Zoom Video Communications Inc | View profile | 7420 | 55 Almaden Boulevard, 6th Floor, San Jose, CA, United States, 95113 | https://www.zoom.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global team collaboration software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to team collaboration software market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 57.6% in 2024. Horizon Databook has segmented the Global team collaboration software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
The rise of SaaS in the business environment has offered new growth challenges and opportunities for software companies. The growing interest in web-based alternatives to perpetual license software and traditional on premises is fueling the demand for available next-generation subscription services.
Businesses are turning to SaaS solutions because of their collaborative capabilities and continuous innovation. These factors have led team collaboration software to become more independent of their web-based applications, resulting in fewer service failures, slow response times, and hampered communication conferencing solutions.
Additionally, machine learning and artificial intelligence have captured the SaaS landscape, which has enabled users to interact with software solutions. The data extracted from cloud-based video conferencing provides a more natural way to schedule meetings.
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Target buyers of Global team collaboration software market databook
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Our clientele includes a mix of team collaboration software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global team collaboration software market , including forecasts for subscribers. This global databook contains high-level insights into Global team collaboration software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global team collaboration software market size, by regions, 2018-2030 (US$M)
Top 10 countries: Team collaboration software market size, 2024 (US$M)
Global team collaboration software market share, by deployment, 2024 & 2030 (%, US$M)
Team collaboration software market: Opportunity assessment by country
Global team collaboration software market, by region, 2024 (US$M)
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